Assistant Actuary – Actuarial Support

Job not on LinkedIn

🔥 14 minutes ago

🏛️ District of Columbia, Washington – Remote

infoinfo

⏰ Full Time

🟡 Mid-level

🟠 Senior

📊 Actuary

Where this job comes from

Posted on ProSidian Consulting's careers page, not through a job board

First seen by Remote Rocketship 14 minutes ago

Logo of ProSidian Consulting

ProSidian Consulting

11 - 50 employees

📦 Logistics

🏭 Manufacturing

🛡️ Insurance

Logistics • Manufacturing • Insurance

ProSidian Consulting is an integrated management and operations consulting firm known for its strong national practice in areas such as Risk Management, Compliance, Business Process, IT Effectiveness, Energy and Sustainability, and Human Capital. The company was established by former Big 4 management consultants and employs a multidisciplinary team of nearly 190 professionals. ProSidian Consulting provides tailored and strategic solutions to private companies and government agencies across various industries, including Manufacturing, Banking & Financial Services, Consumer Products & Retail, Energy & Utilities, and Federal, State & Local Government Agencies. Their approach focuses on aligning strategies at the intersections of assets, processes, policies, and people to deliver sustainable and profitable returns.

📋 Description

• Support federal financial services clients with actuarial support for Multiemployer Special Financial Assistance services • Assess potential risks of company decisions or situations using statistics, financial theories, and mathematics • Estimate probabilities and likely costs for events such as death, natural disasters, or sickness • Calculate likely insurance policy payouts • Generate charts and present and explain information at meetings • Analyze reports and determine next steps for clients or the company • Develop client deliverables and review them for accuracy and quality • Anticipate client needs and formulate solutions • Provide coaching to junior staff • Contribute to new business proposals and proposal development • Manage personal and professional development • Support SFA implementation, reporting, monitoring, and application reviews • Assist with procedures for SFA approval requests and review plan eligibility and priority groups • Track active, completed, and in-progress SFA cases and prepare reports for stakeholders • Train PBGC staff on SFA application review • Review post-approval financial and actuarial determinations, including mergers, transfers, and withdrawal liability settlements • Monitor plans receiving SFA for compliance with conditions • Review SFA applications, actuarial valuation reports, cash flow projections, assumptions, supporting documentation, actuarial calculations, and SFA amounts • Prepare summaries, projected benefits, findings reports, and formal actuarial certifications • Provide surge, overflow, litigation, legislative analysis, training, and other assistance as needed

🎯 Requirements

• Minimum Actuarial Qualification: EA • Minimum pension experience: 5 years • Bachelor's degree in Mathematics, Economics, Statistics, or another business-related field • 3+ years of relevant consulting or industry experience • Proficiency in word processing, spreadsheet, presentation creation, and Internet research tools • Experience identifying and validating pension plan data • Experience performing pension plan calculations • Attained or working toward actuarial credentials such as ASA, EA, or FSA • Must be able to obtain and maintain required clearance • Knowledge of statistics, probability, and calculus • Experience with computers and statistical modeling software • Knowledge of business and financial concepts • Python experience preferred • Knowledge and experience with multiemployer defined benefit plans and ERISA preferred • Experience with financial analysis, change management, restructuring actuarial analysis, and restructuring negotiations preferred • Experience with census data analysis, standard procedure documentation, and management reports tracking preferred • Experience with financial and actuarial analysis, case reporting, contribution projections, data analysis, and actuarial calculations preferred • Ability to support consultations on pension plan administration leading practices preferred • Experience working independently with minimal supervision and guidance preferred • Strong problem-solving and troubleshooting skills preferred • Proven ability to prioritize workload to meet deadlines preferred • Demonstrated ability to write clearly and succinctly preferred • U.S. Citizenship required • Excellent oral and written communication skills • Proficient with Microsoft Office Products, including Word, Excel, PowerPoint, Publisher, and Adobe • Must qualify for Facility Access Authorization/Employment Authorization • May need to complete a Financial Disclosure Statement • Must submit to and qualify for background investigations up to Top Secret or DOE Q clearance • Other requirements and conditions of employment may apply

🏖️ Benefits

• Full-time employment • Remote work option • Professional and personal development opportunities • Coaching and guidance for junior staff • Opportunities for professional growth and expansion of consulting skills and experiences

Apply Now

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