Actuarial Assistant II - Actuarial Support (PAS5)ProSidian Seeks an Actuarial Assistant II - Actuarial Support (PAS5) (CONUS - Washington, DC (Remote) | Senior Consultant - Full-Time) to support an engagement for a federally chartered corporation that encourage the continuation and maintenance of voluntary private defined benefit pension plans. The candidate works as part of a Team that provides Federal Financial Services Sector-related Management And Operations Consulting Solutions for Actuarial Support for Multiemployer Special Financial Assistance Services.This service supports Capital Markets ProSidian Job Title Sector Clients (For Present / Future Requirements) and ProSidia Team Members work as part of a Team Cadre to fulfill requirements for a support Teams and lead Service Pod Teams and contribute to deliverables that assess potential risks of company decisions or situations using statistics, financial theories, and mathematics. In addition, the candidate works as part of a Team that provides Federal Financial Services Sector-related Management And Operations Consulting Solutions for Actuarial Support for Multiemployer Special Financial Assistance Services.
Their duties include estimating probabilities of the success of certain business decisions, projecting costs of potential natural disasters, deaths, or sicknesses of company employees, and designing insurance policies or business strategies to reduce their financial risks.The Actuarial Assistant II shall be a data-driven professional interested in working with market-leading tools and technology to support Teams and lead Service Pod Teams, contribute guidance, and support requirements of clients and teams of professionals who help clients assess benefit program and organizational risk by leveraging advanced analytics within their federal and public sector organization's environment. This role offers the opportunity to advise clients through critical and complex benefit and risk issues while allowing you to develop personally and professionallyAs an Actuarial Assistant II within our Government & Public Services (GPS) Team, you support Teams and lead Service Pod Teams in analyzing financial consequences of risk. Other duties and responsibilities include:Conducting various testing and assessments, planning and analysis, developing innovative solutions to boost productivity, and keeping an organized documentation flow.Leading Pod Teams of skilled professionals and other team members and shape them with extensive knowledge while adhering to client delivery, analysis support, and engagement/client/firm policies and guidelines.Studying statistical data for the purpose of creating an analysisCreating estimates of probability and likely costs for a given event such as death, natural disaster, or sickness.Calculating how insurance policies for different types of coverage are likely to payoutGenerating charts and presenting them at meetings along with explaining the informationAnalyzing reports to determine next steps for the company or clientParticipate in and lead the development of deliverable content that meets the needs of the client and contractAnticipate client needs and formulate solutions to client issuesReview deliverables for accuracy and qualityProvide coaching to junior staffContribute to new business proposals and proposal developmentManage own personal and professional development; seeks opportunities for professional growth and expansion of consulting skills and experiencesQualifications ACTUARIAL ASSISTANT II SKILLS AND QUALIFICATIONS Minimum Actuarial Qualifications/Equivalent Experience: College Degree | Minimum Pension Experience: 0 years | Minimum Pension Experience since receiving Credentials: N/ABachelor's degree in Mathematics, Economics, Statistics or other business related field3+ years of relevant consulting or industry experienceProficiency in word processing, spreadsheet, and presentation creation tools, as well as Internet research toolsExperience identifying and validating pension plan dataExperience performing pension plan calculationsAttained or working towards attaining actuarial credentials such as ASA, EA, or FSA Must be able to obtain and maintain required clearance for this role The Actuarial Assistant II will use various skills to perform their job duties effectively, which can include: Knowledge of statistics, probability and calculusStrong written and verbal communication skills to clearly relay information to other employees at the company or the clientAnalytical skills to determine specifics of insurance policies and avoid any errors that would lead to negative consequencesExperience with computers and statistical modeling softwareKnowledge of business and financial conceptsOrganizational skills to keep track of multiple projects or cases at a time PREFERRED ACTUARIAL ASSISTANT II QUALIFICATIONS: A qualified Actuarial Assistant II candidate for the position of will have, at a minimum, a bachelor's degree in actuarial science or a degree in a related field, such as mathematics or statistics.
Some actuaries may decide to pursue further education and obtain a master's degree in actuarial science.Python experienceKnowledge and experience with/of multiemployer defined benefit plans; Employee Retirement Income Security Act (ERISA), defined benefit plan limitations and guidelines, defined benefit plan assets to pay benefits.Experience and tools for Financial Analysis, Change Management, Restructuring Actuarial Analysis, Restructuring NegotiationsExperience and tools for Census Data Analysis, Documentation Of Standard Procedures, Management Reports TrackingExperience and tools for Financial And Actuarial Analysis, Case Reporting, Contribution Projections, Data Analysis, Actuarial CalculationsExperience and tools for working on multiemployer pension plan data and/or familiarity with multiemployer pension plansAbility to support consultations on pension plan administration leading practices, including process and operational efficienciesExperience working independently with minimal supervision and guidanceStrong problem solving and troubleshooting skills with experience exercising mature judgmentProven experience effectively prioritizing workload to meet deadlines and work objectivesDemonstrated ability to write clearly, succinctly, and in a manner that appeals to a wide audience.U.S. Citizenship Required - You must be a United States CitizenExcellent oral and written communication skills (This employer participates in the e-Verify program)Proficient with Microsoft Office Products (Microsoft Word, Excel, PowerPoint, Publisher, & Adobe)All ProSidian staff must be determined eligible for a "Facility Access Authorization" (also referred to as an "Employment Authorization") by the USG's designated Security Office.Other Requirements and Conditions of Employment ApplyMay be required to complete a Financial Disclosure StatementMust be able to submit to and qualify for varying levels of background investigative requirements, up to a Top Secret or DOE "Q" clearance.Additional Information CORE COMPETENCIES Teamwork – ability to foster teamwork collaboratively as a participant, and effectively as a team leader Leadership – ability to guide and lead colleagues on projects and initiatives Business Acumen – understanding and insight into how organizations perform, including business processes, data, systems, and people Communication – ability to effectively communicate to stakeholders of all levels orally and in writing Motivation – persistent in pursuit of quality and optimal client and company solutions Agility – ability to quickly understand and transition between different projects, concepts, initiatives, or work streams Judgment – exercises prudence and insight in decision-making process while mindful of other stakeholders and long-term ramifications Organization – ability to manage projects and activity, and prioritize tasks------------ ------------ ------------ OTHER REQUIREMENTS Business Tools – understanding and proficiency with business tools and technology, including Microsoft Office. The ideal candidate is advanced with Excel, Access, Outlook, PowerPoint, and Word, and proficient with Adobe Acrobat, data analytic tools, and Visio with the ability to quickly learn other tools as necessary.
Commitment - to work with smart, interesting people with diverse backgrounds to solve the biggest challenges across private, public, and social sectors Curiosity – the ideal candidate exhibits an inquisitive nature and the ability to question the status quo among a community of people they enjoy and teams that work well together Humility – exhibits grace in success
Actuarial Assistant II - Actuarial Support (PAS5) in washington at Unknown Company
This position is listed as contract and able to be worked remotely.