Actuarial Analyst - Nyhart - Defined Benefit

Nyhart’s Defined Benefit team offers pension actuarial consulting services for private, government, church, and cash balance plans. Our actuaries use their technical, financial and administrative expertise to provide guidance in the design and maintenance of retirement plans.

Responsibilities

• Reconcile census and financial data utilized in preparing accounting and funding valuation reports
• Draft routine deliverables, including contribution requirements, accounting costs, government forms and other standardized reports
• Update assumptions and provisions in third-party software for use in annual valuations
• Prepare and/or review routine benefit calculations
• Develop and maintain expertise on design and plan administration of assigned clients
• Interface with client to handle routine valuation and administration-related tasks
• Work towards attaining actuarial credentials
• Responsible for protecting, securing, and proper handling of all confidential data held by Ascensus to ensure against unauthorized access, improper transmission, and/or unapproved disclosure of information that could result in harm to Ascensus or our clients.
• The I-Client philosophy and the Core Values of People Matter, Quality First and Integrity Always® should be visible in your actions on a day to day basis showing your support of our organizational culture.

Skills & Qualifications

• Bachelors degree in actuarial science, math or math related field; Overall GPA 3.0 or higher; Math or Actuarial GPA 3.5 or higher
• Passing grade on at least one actuarial exam
• Prior experience as an analyst supporting pension plan valuations and/or actuarial consulting teams preferred
• Demonstrated expertise with Microsoft, particularly Excel applications
• Experience with ProVal, exposure to public sector/church plans preferred
• Excellent analytical and communication skills
• Strong attention to detail and the ability to prioritize, manage tasks and meet deadlines in connection with business operations

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Originally posted on Himalayas