Actuary/Cash Balance Specialist

The role

This person will perform benefit calculations, valuations, AFTAP and schedule SBs. They will also prepare PBGC filings and discuss plan design changes with clients.

What you will do

• Understand and interpret elements of Defined Benefit / Cash Balance Plan actuarial valuation
• Communicate issues to in-house actuaries and clients
• Prepare and facilitate PBGC filings for covered Defined Benefit Plans
• Maintain industry knowledge and share information with client and team members
• Keep up to date with changing 401(k) & Defined Benefit Plan legislative requirements
• Discuss plan design changes and options with clients
• Prepare 401(k) valuations/trust accounting/government reporting on an accrual basis
• Perform benefit calculations, valuations, AFTAP and schedule SBs

Required qualifications

• 3-5+ years of small plan DB experience
• Knowledge of Defined Benefit / Cash Balance actuarial valuation reports & PBGC filing requirements
• Knowledge of advanced cross-testing concepts and ability to perform testing to determine the most cost-effective solutions to meet nondiscrimination requirements

Nice to have

• Enrolled Actuary designation to sign documents

Benefits

• Flexible Workplace – Hybrid and remote options available for many roles
• Flexible PTO – Competitive paid time off, including flexible & unlimited options
• Inclusive Environment – A culture that values diversity, collaboration, and respect
• Growth Opportunities – Support for ongoing learning and career development
• Comprehensive Benefits – Health, dental, vision, life, and disability coverage
• Incentive bonus programs
• flexible hours

About the company

Strongpoint Partners is tech-enabled retirement services platform serving small- to mid-sized businesses with integrated retirement third party administration, recordkeeping, payroll, and HR solutions.