Senior Consulting Actuary – Actuarial Support

Job not on LinkedIn

🔥 42 minutes ago

🏛️ District of Columbia, Washington – Remote

infoinfo

⏰ Full Time

🟠 Senior

📊 Actuary

Where this job comes from

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

First seen by Remote Rocketship 42 minutes ago

Still open on ProSidian Consulting's site. Checked 23 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 a federal engagement providing actuarial support for multiemployer Special Financial Assistance services • Lead engagement teams, provide guidance, and support client and team requirements • Study statistical data and create analyses • Create probability and cost estimates for events such as death, natural disasters, or sickness • Calculate likely insurance policy payouts • Generate charts and present and explain information in meetings • Analyze reports to determine next steps • Develop client deliverables meeting contract requirements • Anticipate client needs and formulate solutions • Review deliverables for accuracy and quality • Coach junior staff • Contribute to new business proposals and proposal development • Manage personal and professional development • Develop and document standard procedures for Special Financial Assistance requests • Review plan eligibility and priority groups for SFA applications • Track active, completed, and in-progress SFA cases • Update standard reports and present/certify SFA application review results • Train PBGC staff on SFA application review • Prepare case reporting for internal and external stakeholders • Review post-approval financial and actuarial determinations, including mergers, transfers, and withdrawal liability settlements • Monitor SFA recipient plans for compliance with conditions • Review SFA application completeness, actuarial reports, cash flow projections, assumptions, calculations, and supporting documentation • Identify and assess proposed changes to actuarial assumptions • Review SFA calculations and prepare summaries of financial and actuarial information • Review plan provisions, projected benefits, contribution projections, investment returns, suspended benefit repayments, new entrant assumptions, and historical data • Review census data and produce projected benefits when requested • Prepare reports and formal actuarial certifications of SFA application review results • Provide surge, overflow, litigation, legislative-analysis, training, and financial-statement support as required

🎯 Requirements

• EA & FSA actuarial credentials • Minimum 10 years of pension experience • Minimum 4 years of pension experience since receiving credentials • Experience valuing ongoing single-employer and/or multiemployer defined benefit pension plans • Experience valuing plans with complex features such as cash balance plans or early retirement supplements • Bachelor's degree in Mathematics, Economics, Statistics, or another business-related field • 3+ years of relevant consulting or industry experience • Proficiency with word processing, spreadsheet, presentation creation, and Internet research tools • Experience identifying and validating pension plan data • Experience performing pension plan calculations • Actuarial credentials such as ASA, EA, or FSA attained or in progress • Ability 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 • Organizational skills for managing multiple projects or cases • Python experience preferred • Knowledge and experience with multiemployer defined benefit plans • Knowledge of ERISA, defined benefit plan limitations and guidelines, and plan assets used to pay benefits • Experience with financial analysis, change management, restructuring actuarial analysis, and restructuring negotiations • Experience with census data analysis, standard procedure documentation, and management report tracking • Experience with financial and actuarial analysis, case reporting, contribution projections, data analysis, and actuarial calculations • Ability to support consultations on pension plan administration leading practices • Ability to work independently with minimal supervision • Strong problem-solving and troubleshooting skills • Mature judgment and ability to prioritize workload to meet deadlines • Ability to write clearly and succinctly for a wide audience • U.S. Citizenship required • Excellent oral and written communication skills • Proficiency with Microsoft Word, Excel, PowerPoint, Publisher, Adobe Acrobat, Access, Outlook, data analytics tools, and Visio • Eligibility for Facility Access Authorization/Employment Authorization • Ability to submit to and qualify for background investigations up to Top Secret or Q clearance • May be required to complete a Financial Disclosure Statement

🏖️ Benefits

• Full-time employment • Remote work option • Professional and personal development opportunities • Opportunities for professional growth and expansion of consulting skills and experiences • Coaching and development opportunities • Work with diverse, multidisciplinary teams • Engagements across private companies, Fortune 1,000 enterprises, and government agencies • Commitment to working with smart, interesting people with diverse backgrounds • Opportunity to work on meaningful work with skills that have an impact • Continuous learning, sharing, and growth

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