Bolton ยท 1 day ago
Senior Actuarial Analyst
Towson,MD,US
Full-time
Hybrid
Mid, Senior Level
3+ years expBolton is a company that provides actuarial services and support, and they are seeking a Senior Actuarial Analyst to enhance their team. The role involves leading the preparation and analysis of actuarial valuation data, supporting client meetings, and developing strong client relationships through effective communication.
ConsultingEmployee BenefitsFinancial ServicesInformation Technology
Responsibilities
Lead and/or oversee the preparation, review, reconciliation, and analysis of actuarial valuation data to ensure accuracy, efficiency, and adherence to actuarial standards of practice
Lead and/or oversee the preparation and delivery of individual benefit calculations and/or benefit statements
Update, or program from scratch, actuarial software or perform review of analysis updates, as needed, for funding and accounting valuations
Check/oversee single life test cases review from valuation software prepared by analysts and provide help and coaching as needed
Check, oversee, and assist with creation and/or update of spreadsheets/ProVal ValSets to produce funding and/or accounting results
Review actuarial valuation reports (Funding/Accounting/GASB) including PPA certifications, results letters and presentations for clients, as prepared by analysts coach and assist as needed
Support production of actuarial studies. Such as experience studies, ProVal/Excel based funding and accounting projections, or other special projects relating to emerging retirement plan issues
Coordinate special projects with other team members, including lead consultant
Participate in client meetings, as needed
Work effectively with colleagues, executive leadership, and clients
Be physically in the office 3 days a week if considered hybrid (exceptions provided on an ad-hoc basis)
Develop strong client relationships through effective communication and understanding of client needs, deadlines, and questions on routine services
Provide feedback on process improvement and quality control
Provide leadership, feedback, and training to actuarial analysts
Maintain ownership and responsibility for quality, accuracy, and timely completion of deliverables
Meet internal and external deadlines
Ability to check own work before moving work to a checker or reviewer
Assist in the maintenance of project timelines
Comply with internal quality control and peer review guidelines
Weekly completion and submission of timesheet
Develop a proficient understanding of funding, accounting, and plan administration rules
Stay informed of changes to rules, legislation, and regulations related to single employer, multiemployer, public sector pension plans, and/or the PBGC
Take initiative to learn through on the job training or continued actuarial education
Successful progression towards attainment of SOA/EA actuarial credentials
Comply with all safety policies, practices and procedures. Report all unsafe activities to supervisor and/or Human Resources
Participate in proactive team efforts to achieve departmental and company goals
Perform other duties as assigned
Qualification
Required
Bachelor's degree (B. A.) from four-year college or university in Actuarial Science, Mathematics, Economics, Finance, or a related field
Three or more years related experience and/or training
Experience in the multiemployer space is required
Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations
Ability to write reports, business correspondence, and procedure manuals
Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public
Ability to apply advanced mathematical concepts such as exponents, logarithms, quadratic equations, and permutations
Ability to apply mathematical operations to such tasks as frequency distribution, determination of test reliability and validity, analysis
Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists
Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form
Proficient personal computer skills including electronic mail, record keeping, routine database activity, word processing, spreadsheet, graphics, etc
High proficiency with Microsoft Office (including Excel and Access) or related software required
Experience with actuarial valuation software also required
Strong time and project management skills
Ability to manage multiple projects and deadlines simultaneously
Preferred
Prior internship experience is a plus
Preference may be given to candidates that have demonstrated success at passing Society of Actuaries examinations and plan to continue pursuing actuarial credentials
Benefits
Family health, vision, and dental benefits
Employer-paid disability and life insurance benefits
A 401(k) plan with match after 6 months of employment
Vacation and sick leave
Paid holidays
Hybrid telework arrangements
Monthly fitness stipends
Company
Bolton
Bolton, a full-service employee benefits, actuarial, and investment consulting firm
51-200 employees
H1B Sponsorship
Bolton has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1)
Funding
Current Stage
Growth StageLeadership Team
James E. Downing
Chief Executive Officer
Recent News
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2024-04-06
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