Empower

Senior Actuarial Consultant

Empower

full-time

Posted on:

Location Type: Remote

Location: Remote • 🇺🇸 United States

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Salary

💰 $123,000 - $178,350 per year

Job Level

Senior

About the role

  • Be lead actuary on a series of our OPEB clients, providing actuarial expertise, fiduciary risk management services, and strategic direction to those sponsors.
  • Support peers on other retirement clients - inclusive of pension, defined contribution, or non-qualified arrangements.
  • Be responsible for the generation and growth of revenue on clients as either the lead or supporting actuary and retention for all clients in the assigned book of business.
  • Partner with the management team to advance EBCS’ position as a market leading organization.
  • Act as a lead subject matter expert on retirement issues in driving product development which results in revenue growth for the overall organization.
  • Represent the organization in the public forum through speaking engagements, published articles and participation in professional organizations.
  • Educate, train, and develop staff members, elevating the knowledge of the organization as a whole with respect to the RHC practice.
  • Develop an understanding of the rules and regulations around defined contribution plans.
  • Gain an understanding of the various types of equity compensation benefits and how the design of those programs fits into a client's overall compensation package.
  • Combine relevant regulatory and actuarial principles to solve client issues and/or improve processes.
  • Serve as a resource for plan sponsor and participant questions.
  • Network with key contacts outside of own area of expertise.
  • Clearly and confidently provide plain language solutions to challenging situations in both written and verbal interactions.

Requirements

  • Bachelor’s degree and ASA and MAAA required, EA and FSA preferred
  • Substantial knowledge of ERISA law, US GAAP, GASB and IFRS accounting standards
  • 10 years of experience in the post-employment consulting space and a track record of successfully managing client relationships at the highest level with a broad and deep understanding of the key success factors in that arena
  • Proficiency with OPEB/DB/DC software tools/spreadsheets
  • Comprehensive understanding of actuarial decrements, assumptions, and methods
  • Extensive knowledge of a variety of different retirement and other post-employment benefit programs, with a focus on retiree medical, short and long-term disability, and other welfare continuation programs
  • Excellent relationship management skills and the ability to work extensively with internal partners, senior management, clients, and advisors
  • Excellent project management and presentation skills
  • Proven negotiation and problem-solving skills
  • Ability to respond quickly to change, demonstrating flexibility in response to new or unanticipated developments; comfortable working in a fast-paced, growth-oriented culture.
Benefits
  • Medical, dental, vision and life insurance
  • Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
  • Tuition reimbursement up to $5,250/year
  • Business-casual environment that includes the option to wear jeans
  • Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
  • Paid volunteer time — 16 hours per calendar year
  • Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
  • Business Resource Groups (BRGs) – BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
actuarial expertisefiduciary risk managementrevenue growthactuarial decrementsactuarial assumptionsactuarial methodspost-employment consultingdefined contribution plansequity compensation benefitsOPEB/DB/DC software
Soft skills
relationship managementproject managementpresentation skillsnegotiation skillsproblem-solving skillsflexibilitycommunication skillstraining and developmentnetworkingpublic speaking
Certifications
Bachelor's degreeASAMAAAEAFSA
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