Description

Seeking to fill actuaries with retirement and pension experience in the following roles:

Associates / Sr. Associates (Hybrid)

Consulting / Sr. Consulting (Remote)

Buck, a Gallagher Company, is an integrated HR, pensions, and employee benefits consulting, technology, and administration services firm. Founded more than 100 years ago as an actuarial consultancy committed to establishing sound retirement plans, we’ve evolved to serve HR departments and trustees across the health, wealth, and career spectrum.

Serve as an advisor for clients and project manager and/or reviewer of various client projects. Collaborates with Account Managers and Lead Actuaries to manage service delivery and maintain strong client relationships. Contribute to new business development efforts and corporate initiatives, as appropriate. May serve as lead actuary for some accounts and/or supervise junior staff members.

Requirements

• Actuarial valuations and financial reporting for qualified and non-qualified pension plans
• Participant notices and government filings
• Reports and presentations of valuation results and hot topics
• Benefit accounting calculations including curtailments and settlements
• Cost projections and sensitivity analysis

Other responsibilities include:

• Provides regular consulting and guidance for clients by phone and in person
• Performs or reviews ad-hoc projects such as benefit design studies, non-discrimination testing, lump sum windows, and various other cost and risk management projects
• Provides collective bargaining support
• Reviews QDRO calculations and other actuarial calculations for benefits
• Contributes to the completion of complex benefit administration special projects
• Works on standard and/or unfunded pension plan terminations
• Reviews drafts of plan amendments, QDROs, SPDs, etc. drafted by Compliance consultants
• Provides leadership and training to Associates and Consultants, perhaps serving as direct supervisor
• Regularly looks for ways to optimize efficiency by improving procedures and practices
• Opportunities to prepare stochastic cost projections and Asset Liability Modeling

Qualifications

• Bachelor’s Degree in Actuarial Science, Math, Finance, or related area
• 1-3 years of experience for Associate levels
• 6 plus years of experience for senior level consultant
• Experience with pension plan terminations a plus
• Experience performing stochastic cost projections a plus
• Enrolled Actuary (EA) or Associate of Society of Actuaries preferred, but not required for senior level consultants