What are the responsibilities and job description for the Managing Consultant position at Keystone 74 Benefits and Administration, LLC?
Location: Greater Philadelphia area (Plymouth Meeting, PA - Remote position also a possibility)
Company: Keystone 74 Benefits and Administration, LLC (KBA)
About Us: At KBA, we are dedicated to providing exceptional actuarial consulting services to our clients. We specialize in multiemployer defined benefit plans, helping organizations manage their pension obligations and ensure financial stability. Our team is composed of experienced professionals who are passionate about delivering innovative solutions and maintaining the highest standards of excellence.
Job Description: We are seeking a highly skilled and motivated Pension Actuary to join our team. The ideal candidate will have significant experience with defined benefit plans and a strong understanding of actuarial principles and practices. This role involves working closely with clients to provide actuarial consulting services, including plan design, funding strategies, and regulatory compliance.
Key Responsibilities:
- Actuarial Valuations: Conduct detailed actuarial valuations and prepare comprehensive reports for multiemployer defined benefit plans.
- Funding Strategies: Develop and implement innovative funding strategies to ensure the long-term financial health of pension plans.
- Data Analysis: Analyze plan data and perform experience studies to assess plan performance and identify trends.
- Consulting Services: Provide expert consulting services on plan design, benefit calculations, and withdrawal liability.
- Regulatory Compliance: Assist clients with regulatory compliance, including PBGC filings and adherence to ERISA and other relevant legislation.
- Client Collaboration: Collaborate with clients to develop and communicate effective pension strategies.
- Industry Knowledge: Stay current with industry trends, regulatory changes, and best practices in pension actuarial science.
Qualifications:
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Minimum of 5 years of experience in pension actuarial consulting. Does not necessarily need to be multiemployer specific.
- Strong analytical and problem-solving skills.
- Excellent communication and interpersonal skills.
- Proficiency in actuarial software and Microsoft Office Suite.
- Ability to work independently and as part of a collaborative team.
What We Offer:
- Competitive Salary and Benefits Package: We offer a highly competitive salary, comprehensive health benefits, retirement plans, and more.
- Professional Growth and Development: Opportunities for continuous learning, professional development, and career advancement.
- Work-Life Balance: Flexible working hours, remote work options, and generous paid time off to support your work-life balance.
- Collaborative and Supportive Environment: Join a team of dedicated professionals who value collaboration, innovation, and mutual support.
- Impactful Work: Make a difference by helping organizations manage their pension obligations and ensure financial stability for their employees.
- Inclusive Culture: We are committed to fostering an inclusive and diverse workplace where everyone feels valued and respected.
Reasonable Accommodations: KBA is committed to the full inclusion of all qualified individuals. In keeping with our commitment, KBA will take the steps to assure that people with disabilities are provided reasonable accommodations. Accordingly, if reasonable accommodation is required to fully participate in the job application or interview process, to perform the essential functions of the position, and/or to receive all other benefits and privileges of employment, please contact (Company representative with phone and/or email address)
EEO Statement: KBA74 is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, pregnancy, sexual orientation, national origin, genetics, disability, age, veteran status, and any other characteristic protected by law. All employment is decided on the basis of qualifications, merit and business need.
How to Apply: Interested candidates are invited to submit their resume and cover letter to Careers@KBA74.com with the subject line "Pension Actuary Application - KBA74." We look forward to hearing from you!
Job Type: Full-time
Pay: From $100,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Flexible schedule
- Health insurance
- Life insurance
- Paid time off
- Parental leave
- Professional development assistance
- Retirement plan
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
People with a criminal record are encouraged to apply
Experience:
- Pension Actuarial: 4 years (Required)
License/Certification:
- Actuarial Designation (ASA, FSA, EA, etc.) (Preferred)
Work Location: Hybrid remote in Plymouth Meeting, PA 19462
Salary : $100,000