DB Account Manager

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Actuarial Full Time Professional Remote, US

Salary Range: $60,000.00 To $85,000.00 Annually

DB ACCOUNT MANAGER

Job Summary:
The Account manager must be familiar with and understand the various aspects of funding and accounting for defined benefit pension plans including a general knowledge of IRS funding regulations. Excellent math and analytical skills are required.

Responsibilities
:

• Single Employer Funding Valuations – Code valuation software (including new plans, plan amendments, life insurance and assumption changes). Reconcile assets and life insurance, calculate contribution requirements, prepare valuation reports and government filings including Form 5500 & PBGC submissions.
• Benefit Calculations – Prepare benefit calculations and RMDs based on the plan provisions, IRS Rules, and actuarial factors.
• Non-Discrimination Testing – Analyze data and perform 410(b) minimum coverage tests, 401(a)(26) participation tests and 401(a)(4) general tests.
• Special Projects
  – Prepare plan amendments, cost/funding projections, and assist with plan terminations in coordination with PBGC.

Requirements:

• Three or more years of pension experience.
• Proficient in Microsoft Office, with strong Excel and Word skills.
• Strong attention to detail.
• Excellent communication and time management skills.

Preferred Qualifications:

• Experience with Datair software.
• Experience with  for plan documents, 5500s, and PBGC Filings.
• Experience working with life insurance policies held inside pension plans.