Senior Consultant

Overview

At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products. Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts. Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.

Just as our employees are committed to helping our customers manage their finances, we’re committed to our employees. After all, they make it happen for our customers every day.

To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities. As an equal‑opportunity workplace and affirmative‑action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.

This position is responsible for managing client engagements and all the actuarial and consulting services associated with employee benefit security programs such as pension plans, defined contribution plans, and non‑qualified deferred compensation plans.

Essential Duties:

• Review and certify Actuarial Valuations under required governmental regulations and applicable accounting standards for pension plans
• Monitor and review items related to annual compliance for qualified plans
• Review and certify pension plan benefits certifications
• Use and maintenance of standard spreadsheet tools and development of non‑standard spreadsheets for special projects
• Review annual update of valuation system software and programming for new plans
• Run Proposals for potential new clients. Assist in the design and onboarding of new plans including setting up the plan documents.
• Supervise and mentor junior level staff, may include team leader responsibilities
• Manage profitability of engagements including performing monthly billing. Developing project work plans and timelines to ensure client satisfaction.
• Serve as primary consultant for clients on all facets of employee benefit plan, including consultation regarding the administration, compliance, communication, and design of employee benefit plans. Respond to client inquiries and attend meetings, if requested.
• Maintain necessary continuing education requirements and credentials
• Participate in business development initiatives
• Manage special consulting projects, as needed, including plan terminations.
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner.

Ancillary Duties: As an integral member of the organization, this position is also responsible to provide assistance wherever necessary to help the department and the Company in achieving their goals.

Education/Training: BA/BS degree in Mathematics, Statistics, Actuarial Science, or Economics. EA designation. Progress toward ASA credentials a plus but not required.

All applicants must be 18 years of age or older.

Experience: Minimum four to five years related work experience.

Competencies: Well‑developed written and oral communication skills;
Ability to be highly organized and show an attention to detail;
Ability to prioritize work assignments and multitask;
Analyze problems and issues and implement solutions or present possible solutions to supervisor;
Present solid project management experience;
Excellent people skills for interacting with clients and counsels;
Display a high level competency with Microsoft Word and Excel, as well as personal computer skills and other industry specific software.

Equipment/Machines: Telephone, PC, Calculator, Copier, Scanner, Fax Machine.

Compensation: Commensurate with experience plus potential for annual merit increase. In addition to your competitive salary, you will be rewarded benefits including: 11 paid holidays, paid…