Defined Benefit Administrator/Enrolled Actuary

Role Description

To complete Defined Benefit retirement plan compliance and related annual administration and provide Defined Benefit support to our consultants as they service the client.

Essential Duties and Responsibilities

• Analyze plan documents to determine correct administrative components, and make client recommendations resulting in optimum plan operation for the client.
• Determine participant eligibility.
• Conduct non-discrimination testing.
• Perform plan coverage testing to include: 410(b)/Highly Compensated/Top Heavy.
• Confirm participant vesting.
• Calculate annual plan contributions and provide guidance as limits are approached.
• Prepare and Sign Schedule SB Forms/Packages, AFTAP's, Annual Funding Notices, PBGC and FASB's.
• Calculate vesting and prepare termination calculations.
• Prepare monthly benefit calculations.
• Calculate annual employer contribution, prepare contribution letter, and communicate the contribution amount to the Consultant.
• Design new plan proposals.
• Assist with Takeover plans.
• Enter document provisions in Datair.
• Tracks all completed work in WIP, Time tracker and APC Gold programs.
• Maintain satisfactory attendance with focus on peak workload periods.

Auxiliary Duties and Responsibilities

• Coordinate defined benefit compliance work-flow as assigned.
• Participate in group or individual discussions regarding department process or policy improvements.
• Assist with training or research.
• Mentor staff/coworkers with training, assistance or research.
• Other duties may be assigned.

Knowledge – Skills - Abilities

• Knowledge of current IRS, DOL and PBGC regulations.
• Full competency for design and testing of Floor Offset and Combined Plans.
• Ability to concentrate; highly organized and detail oriented individual.
• Highly skilled in plan administration, while requiring little supervision.
• Strong problem solving and interpersonal skills.
• Ability to maintain high degree of accuracy.
• Experience with plan administration software and ability to understand and manipulate the detailed mechanics.
• Ability to meet internal turnarounds and productivity requirements.
• Ability to work quickly and accurately under deadlines.
• Ability to interpret complex technical literature.
• Ability to interpret information and utilize resources to complete work assignments.
• Ability to research and propose accurate and detailed solutions to administrative questions.

Qualifications

• Enrolled Actuary.
• Bachelor's degree or equivalent experience.
• 5+ years of experience administrating DB and DC Plans with minimal supervision.
• Excellent math and analytical skills (supported by experience and/or related coursework).

Physical / Environmental Characteristics

• Work is performed in an office environment and requires:
• Sitting for prolonged periods of time using a computer keyboard, mouse, and screen.
• Standing and walking may require twisting, reaching, bending, crouching and kneeling.
• Grasping, pushing, pulling, dragging and lifting boxes of files and other office items weighing 30 pounds or less.
• Mobility, vision, hearing and dexterity levels appropriate to the duties to be performed.

Work Location

Remote or in-office (Chico or Sacramento, CA).