Associate Actuary - Pension
Job Description
At OneAmerica, we deliver on promises when customers need us most. We believe the best way to serve our customers is to know that every individual, employee, family and business we work with has unique personal and financial goals. We keep our promises, so we can help them achieve their goals and realize their definition of financial success.
The Associate Actuary is responsible for pension plan valuation and consulting, with a major focus on report and study oversight and delivery. This role works closely with peers and directs other actuaries in the completion client projects. The Associate Actuary reviews and takes responsibility for annual pension valuations (for funding and GAAP purposes) and annual filings as needed for pension plan compliance with IRS, DOL and PBGC requirements. This includes communication of actuarial results to the client/pension plan sponsor. Other responsibilities include ensuring an effective control environment, process improvement, and automation.
KEY RESPONSIBILITIES:
- Lead annual pension valuation projects for the client company.
- Review the calculation of GAAP liabilities and production of FAS ASC 715 reports disclosing results.
- Utilize pension actuarial software to verify the liabilities for pension reports.
- Ensure proper utilization of pension assumptions in all reports and studies performed.
- Consider and contribute to the team efforts in process improvement.
- Partner with connected business groups in support of their efforts to service pension clients.
QUALIFICATIONS & REQUIREMENTS:
- BS/BA in Math, Actuarial Science, Economics, or related fields
- ASA and EA or an ASA with commitment to complete the EA and/or FSA designations strongly preferred
- Prior pension consulting experience required (3-4 years minimum preferred).
- Pursuit of actuarial credentials, with company support, preferred if not already an FSA.
- Effective problem solver, detail-oriented, possess communication and collaboration skills, be very responsive, and proactively seek alignment.
- Strong interpersonal and communications skills required, as well as the ability to successfully manage multiple workstreams at the same time.
- Experience with Excel and database software.
- Experience with pension actuarial software is preferred but not required.
Salary Band: 05C
This selected candidate will be expected to work Hybrid in Indianapolis, IN. The candidate will also be expected to physically return to the office in CA, WI, IN or ME as business needs dictate or for team-building and collaboration.
If you are offered and accept this position, please be advised that OneAmerica does not have any offices located in the State of New York and OneAmerica associates are not permitted to work remotely in the State of New York.
Disclaimer: OneAmerica is an equal opportunity employer and strictly prohibits unlawful discrimination based upon an individual's race, color, religion, gender, sexual orientation, gender identity/expression, national origin/ancestry, age, mental/physical disability, medical condition, marital status, veteran status, or any other characteristic protected by law.
For all positions:
Because this position is regulated by the Violent Crime Control and Law Enforcement Act, if an offer is made, applicants must undergo mandated background checks as a condition of employment. Such background checks include criminal history. A conviction is not necessarily an absolute bar to employment. Consistent with applicable regulatory guidelines and law, factors such as the age of the offense, evidence of rehabilitation, seriousness of violation, and job relatedness are considered.
To learn more about our products, services, and the companies of OneAmerica, visit oneamerica.com/companies.
Explore More
Date Posted
06/23/2023
Views
14
Positive
Subjectivity Score: 0.8
Similar Jobs
Remote Licensed Customer Service Representative - Liberty Mutual Insurance
Views in the last 30 days - 0
View DetailsRemote Licensed Customer Service Representative - Liberty Mutual Insurance
Views in the last 30 days - 0
View DetailsRemote Licensed Customer Service Representative - Liberty Mutual Insurance
Views in the last 30 days - 0
View DetailsRemote Licensed Customer Service Representative - Liberty Mutual Insurance
Views in the last 30 days - 0
View DetailsRemote Licensed Customer Service Representative - Liberty Mutual Insurance
Views in the last 30 days - 0
View Details