Lead Actuarial Managing Consultant in Lawrenceville at CBIZ

Date Posted: 3/5/2020

Job Snapshot

Job Description

With over 100 offices and nearly 5,000 associates in major metropolitan areas and suburban cities throughout the U.S. CBIZ (NYSE: CBZ) delivers top-level financial and employee business services to organizations of all sizes, as well as individual clients, by providing national-caliber expertise combined with highly personalized service delivered at the local level. CBIZ has been honored to be the recipient of several national recognitions: 2019 America's Best Mid-Size Employers by Forbes, 2019 Best Workplaces in Consulting & Professional Services by Great Place to Work® and FORTUNE, 2019 Workplace Excellence Seal of Approval by the Alliance for Workplace Excellence, and one of the Top 101 highest scoring companies in the country for Best and Brightest Companies to Work For in the Nation by the National Association for Business Resources.   CBIZ Retirement Plan Services (CBIZ RPS) is the largest Investment Advisor in the Cleveland, OH area and provides institutional consulting solutions to corporations, public entities, and non-profit organizations.  We primarily consult with companies on their 401(k), 403(b), or defined benefit pension plans, specializing in investment management, investment consulting, as well as compliance and design.  In total, CBIZ RPS consults on approximately $13 billion in assets, and our clients range from large multinational publicly-traded companies to small businesses.

Essential Functions and Primary Duties

  • Manage projects related to the performance of annual actuarial work for DB and DB/DC combo plans, which includes:
    • Census data gathering, reconciliation, quality control, and importation onto valuation software
    • Examination and verification of retirement trust financial statements, compute actuarial value of assets for valuation
    • Running actuarial valuations and summarizing results for review 
    • Filing IRS Forms and PBGC filings
    • Preparing valuation funding reports
    • Preparing actuarial studies and benefit statements
    • Coverage and non-discrimination testing
  • Lead client meetings to identify client's needs, clarify expectations, help set retirement strategic directions and goals, and deliver results and consulting advice
  • Track and meet all compliance standards
  • Assist with special actuarial projects
  • Review client invoices for completeness and accuracy
  • Understand and assist in the interpretation of plan documents
  • Provide technical knowledge of pension plans and calculation procedures to Benefits Administration Team for various clients
  • Apply understanding of fundamental principles of pension plans, actuarial concepts, pension legislation, and accounting requirements for pension plans
  • Pursue actuarial or ASPPA examinations
  • Review peer technical work flow  
  • Additional responsibilities as assigned

Preferred Qualifications

  • Bachelor’s degree

Minimum Qualifications 

  • High School Diploma or GED 
  • Eight or more years of pension actuarial experience
  • Possesses highly advanced and broad understanding of actuarial principles, practices, and procedures
  • Expert knowledge of pertinent laws, regulations, and actuarial standards
  • Expert use of applicable technology
  • Proficient use of MS Office Suite (Outlook, Word, Excel, PowerPoint) and enterprise communication and travel solutions (Concur, Skype)
  • Experience performing work that requires initiative and leadership skills
  • Experience in coaching and teaching others 
  • Enrolled Actuary (EA)
  • Effectively represents position on issues to gain support and buy-in from others; works to achieve win-win outcomes that others can accept
  • Demonstrate a commitment to professional development by proactively seeking opportunities to develop new capabilities, skills and knowledge
  • Develop innovative approaches to address problems and drive continuous improvement in programs and processes
  • Accept full responsibility for self and contribution as a team member
  • Display a strong commitment to organizational success and inspires others to commit to goals
  • Ability to provide technical leadership to staff
  • Ability to lead cross-functional teams
  • Ability to travel as necessary

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