Ascensus is the leading independent technology and service platform powering savings plans across America, providing products and expertise that help nearly 16 million people save for a better today and tomorrow.
Section 1: Position Summary
Timely and accurate completion of actuarial projects for small cash balance plans. Position may focus on Silver service model cash balance plans.
Position Summary
Analyze and edit employee census data
Prepare actuarial valuations on cash balance plans
Prepare PBGC annual premium forms
Prepare trust reconciliations
Prepare Form 5500
Process benefit calculations
Complete projects timely, accurately and cost effectively
Update workflow system daily
Perform technical research to answer questions as necessary
Complete all applicable checklists and notes
Actively participate in ongoing retirement industry related education including pension law
Participate in process improvement and innovation
Provide back up support to other departments as assigned
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.
Our I-Client service philosophy and our 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.
Assist with other tasks and projects as assigned
Section 3: Experience, Skills, Knowledge Requirements
SKILLS NEEDEDStrong conceptual, analytical and math skills
Excellent verbal and written communication skills, including the ability to communicate technical ideas
Intermediate computer skills, including Excel
Detail-oriented and accurate
Self-starter taking responsibility for completing tasks in a timely fashion
Strong organizational skills
Ability to juggle multiple tasks and prioritize
Team player
Commitment to ongoing pension education
Basic accounting skills
Ability to work in fast paced office environment
Dependable with excellent follow through on commitments and responsibilities
EXPERIENCE NEEDED
Entry level position; prior experience is not required.
Actuarial internship is a plus.
Pursuing Actuarial exams is a plus.
B.A. or B.S. degree preferred
ASPPA or SOA exams leading to designations are preferred
Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.
Top Skills
What We Do
Ascensus helps millions of people save for what matters—retirement, education, and healthcare. We’re also one of the savings plan industry’s leading providers of outsourced services. Our technology, market insights, and business knowledge enhance the growth and success of our partners, their clients, and savers.
Ascensus is the largest independent recordkeeping services provider, third-party administrator, and government savings facilitator in the United States. For more information, visit ascensus.com.
