Senior Associate, Actuary
About the role
We are seeking an experienced future actuary to join our team-centric, fast-paced consulting environment. The ideal candidate will perform pension valuations, conduct cost and benefit design studies, assist with non-discrimination testing, prepare benefit statements, and ensure compliance. They will also collaborate with internal business partners to develop and implement effective solutions for our clients.
Responsibilities
- Perform pension valuations including ERISA, FASB ASC 715, and FASB ASC 960
- Conduct cost and benefit design studies
- Assist with non-discrimination testing and benefit statements
- Prepare reports for client presentations
- Complete and review required compliance tasks (government forms and non-discrimination testing)
- Manage and coordinate projects and budgets
- Work on mergers/acquisitions/divestitures, plan terminations, and other projects
- Collaborate with internal business partners across diverse subject areas to develop and implement effective solutions
Requirements
- Bachelor's degree in Mathematics, Actuarial Science, or another quantitatively rigorous field
- 2-4 years of experience in a pension and benefit consulting firm or related industry
- At least 3-5 actuarial exams completed
- Knowledge of benefit program design, legislative, account, and regulatory requirements (IRS/DOL/FAS/PBGC/ERISA/409A/PPA)
Qualifications
- Strong critical thinking and problem-solving skills
- Leadership qualities with self-motivation and determination
- Excellent oral and written communication skills
- Ability to balance and prioritize multiple projects in a fast-paced environment
- Ability to work within budgeted timeframes to maintain client profitability without compromising quality
Skills
- Strong critical thinking and problem-solving skills
- Leadership qualities with self-motivation and determination
- Excellent oral and written communication skills
- Ability to balance and prioritize multiple projects in a fast-paced environment
- Ability to work within budgeted timeframes to maintain client profitability without compromising quality
Benefits
Fidelity offers a comprehensive benefits package including:
- Comprehensive health care coverage and emotional well-being support
- Market-leading retirement plans
- Moderate paid time off and parental leave
- Charitable giving employee match program
- Educational assistance including student loan repayment, tuition reimbursement, and learning resources
Pay
The base salary range for this position is $80,000 - $153,000 per year. Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors. Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
Schedule
Fidelity’s Onsite Working Model requires some roles to be 100% onsite, while others may require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Contact
For more information about Fidelity Workplace Consulting, please visit this link.
Note
The application window closes when the position is filled or unposted. Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment, and retirement-related financial activities, and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.