Definiti LLC · 7 hours ago
Actuarial Analyst - Combo Retirement Plans
United States
Full-time
Remote
Mid Level
3+ years expDefiniti LLC is a national retirement services company that helps clients manage and administer their retirement plans. The Actuarial Analyst will focus on cash balance pension plans and work closely with enrolled actuaries, managing client relationships and performing various actuarial tasks.
ConsultingFinancial ServicesRetirement
Responsibilities
Request, organize, and review Plan & Participant data
Review & Reconcile Plan Asset Data
Review Plan document and establish plan specifications within the ASC valuation system
Prepare Annual Valuations in ASC for review and approval by Actuary
Perform CB/401(k) Combo Annual IRS Coverage and Non-Discrimination testing (401a4, 410b, 401a26)
Preparation of benefit calculations for terminated/retiring participants including calculation of optional forms of payment
Plan Termination calculations for PBGC and non-PBGC covered Defined Benefit Plans
Monitor and prepare Required Minimum Distribution calculations
Prepare Government Form 5500s, Schedule SB, PBGC premium filing, 8955-SSA
Complete Cash Balance/Defined Benefit Plan Projections upon request
Work closely with RPC (Retirement Plan Consultant) to service case of Cash Balance/401k Combination Plans
Qualification
Required
Proficient in CB/401k Combo Plan Cross Testing
Proficient with ASC Valuation system
Demonstrated excellence in written and verbal communication
Must be detailed and possess strong organizational skills
Time management focused adhering to deadlines and timelines
Team Oriented with experience interacting with vendors, clients, advisors and coworkers
Ability to analyze complex Cash Balance & Defined Benefit Plan issues and provide solutions
Ability to work independently and as part of a team in a fast-paced environment
Ability to maintain data entry accuracy while multitasking and focusing on meeting deadlines
High school diploma or GED required
3+ years of experience with the administration of CB/DB/401k Combo Plans
Preferred
Experience with ASC Software System or FT Williams highly preferred; would consider experience with Relius or Datair
Experience with Pension Pro is preferred
Experience with StaxAI preferred
ASPPA Designations preferred
Benefits
A virtual-first work philosophy for most jobs
401(k) with up to 4% match
Flexible PTO allows you to take the time you need for wellness, vacations, and personal matters. We foster a trusting environment where employees manage their workloads responsibly. Time off doesn’t accrue.
12 paid holidays, 2 paid floating holidays, and your birthday is a holiday
Paid Parental Leave
A variety of medical, dental and vision plan options including Definiti subsidized premiums
Company-paid life insurance and short-term disability insurance
Bonus plan eligibility
Company
Definiti LLC
From 401(k) plan design and administration, compliance and actuarial consulting, to pension outsourcing, recordkeeping and 3(16) fiduciary services, Definiti helps organizations deliver smart retirement solutions to their employees.
201-500 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2023-02-02Acquired
Leadership Team
Kristin Tweed-Andreski
Chief Executive Officer
Recent News
2024-02-23
Company data provided by crunchbase