Actuary/Cash Balance Specialist

About the role

This position serves as a Cash Balance Actuary/Cash Balance Specialist for Strongpoint Partners, a tech-enabled retirement services platform. The role involves understanding and interpreting elements of Defined Benefit / Cash Balance Plan actuarial valuation, preparing and facilitating PBGC filings, maintaining industry knowledge, and performing various benefit calculations and valuations.

Responsibilities

• Understand and interpret elements of Defined Benefit / Cash Balance Plan actuarial valuation & be able to communicate issues to in-house actuaries and clients.
• Prepare and facilitate PBGC filings for covered Defined Benefit Plans.
• Maintain industry knowledge and share information with client and team members.
• Keep up to date with changing 401(k) & Defined Benefit Plan legislative requirements.
• Discuss plan design changes and options with clients.
• Prepare 401(k) valuations/trust accounting/government reporting on an accrual basis.
• Perform benefit calculations, valuations, AFTAP and schedule SBs.

Requirements

• 3-5+ years of small plan DB experience
• Enrolled Actuary designation to sign documents is preferred.
• Knowledge of Defined Benefit / Cash Balance actuarial valuation reports & PBGC filing requirements.
• Knowledge of advanced cross-testing concepts and ability to perform testing to determine the most cost-effective solutions to meet nondiscrimination requirements.

Qualifications

• Full-time, remote position available to candidates across the United States.
• Preference given to candidates located in the Central and Eastern time zones.

Skills

• Defined Benefit / Cash Balance Plan actuarial valuation
• Understanding of PBGC filing requirements
• Advanced cross-testing concepts

Benefits

• Competitive salary range of $80,000 - $150,000, depending on experience, skill set, and geographic location.
• Flexible workplace options, including hybrid and remote.
• Flexible PTO, including competitive paid time off.
• Inclusive environment that values diversity, collaboration, and respect.
• Growth opportunities for ongoing learning and career development.
• Comprehensive benefits package, including health, dental, vision, life, and disability coverage.
• Workplace perks such as incentive bonus programs, flexible hours, and more.