Enrolled Actuary (EA) & Defined Benefits (DB) Plan Adminstrator - NPPG - People Strata
Shrewsbury, NJ
About the Job
NPPG has partnered exclusively with People*Strata on their search for an Enrolled Actuary (EA) & DB Plan Administrator. Candidates will receive white glove service throughout the selection process.
NPPG (https://www.nppg.com/) is an independent third-party administrator (TPA) that offers employee benefits, retirement planning, actuarial consulting, and fiduciary services. We provide clients with customized and comprehensive solutions for medical, dental, and disability insurance as well as 401(k), pension/actuarial and fiduciary services. NPPG operates as a trusted partner to ~8,000 clients nationally.
We are currently looking for a full-time, fully remote Enrolled Actuary (EA) / Defined Benefit (DB) Plan Administrator. Our employees enjoy a collaborative culture and opportunity for growth.
POSITION TITLE: Enrolled Actuary / Defined Benefit Plan Administrator
POSITION LOCATION: Anywhere in the US (fully remote, but must work eastern time zone hours)
PRIMARY RESPONSIBILITIES
- Draft and sign government filings (Form 5500s, PBGC premiums, 8955-SSA)
- Conduct annual regulatory compliance testing for both solo and combo plans
- Review and communicate results related to the actuarial valuation process
- Maintain turnaround time to meet clients' requirements and the department's timing standards
- Review and deliver the participant annual funding notice and actuarial AFTAP certification
- Review and assist clients with the filing process for the IRS Form 5500 package
- Review and assist clients with the filing of the Pension Benefit Guaranty Corporation (PBGC) Comprehensive Premium Form for determining premium payments to comply with PBGC regulations
- Review and communicate the financial impacts of the ASC 715 Pension Expense Calculation (including settlement transactions) and Disclosure Statement
- Review and deliver benefit calculations and projected benefit estimates, including QDROs, RMDs and in service distribution benefits
- Review and sign Schedule SB for Actuarial Analysts
- Demonstrate technical proficiency with various software applications to become efficient in completing client assignments
- Serve as a technical resource to Actuarial Analysts
- Demonstrate strong technical knowledge of ERISA requirements
- Develop proposal illustrations
REQUIRED QUALIFICATIONS
- Willingness to work eastern time zone hours
- Bachelor's Degree
- Enrolled Actuary (EA) designation
- Minimum 5 years with a third-party administrator (TPA) working in a Defined Benefit (DB) Plan Administrator position to include at least 1 year as an Enrolled Actuary
- Experience administering defined benefit plans from start to finish to include all the following:
- completion of form 5500
- annual contribution calculations
- defined benefit plan valuation
- compliance testing
- Willingness and ability to work from 9 am to 5 pm ET, regardless of the time zone in which you reside
- Willingness and ability to work overtime as dictated by business needs
- Proficiency with Microsoft Office
- Experience successfully managing time, setting priorities, & meeting deadlines in a fast-paced environment
- Ability to collaborate with others and work autonomously
- Excellent communication skills with the ability to establish rapport and provide quality customer service
PREFERRED QUALIFICATIONS
- Demonstrated knowledge of ERISA and FASB
- Experience with ACS or Relius
#LI-REMOTE
NPPG is an equal opportunity employer committed to diversity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other protected characteristic as outlined by federal, state, and/or local laws.