AVP- Sr Actuary
Who We Are:
NFP, an Aon company, is a multiple Best Places to Work award winner in Business Insurance who has also earned the 5-Star Diversity, Equity and Inclusion (DEI) award from Insurance Business magazine and the WORK180 employer endorsement. We are an organization of consultative advisors and problem solvers. We help companies and individuals around the globe address their most significant risk, workforce, wealth management and retirement challenges through custom solutions and a people-first approach. To learn more, please visit: https://www.NFP.com.
NFP Retirement Inc. is looking for a licensed Actuary/Benefits Administrator to join our Benefits Consulting practice.
Requirements:
- 5+ years of Qualified Plan Experience with small to mid-size Plans, especially Cash Balance Plan Design. Floor Offset experience is a bonus
- Must be an Enrolled Actuary. ASA would be a bonus
- Possess full command of qualified plan testing requirements, (410(b), 401(a)(4), 401(a)(26))
- Familiarity with PGBC forms and regulations
- Formulate and process benefits calculations and projected benefits estimates
- Experience with ASC Topic 715 GAAP disclosures (FASB)
- Experience using LDE Penguin and/or Datair
- Proficient with the Microsoft Office Suite of Products
Responsibilities:
- Handle a case load of 100-125 Defined Benefit Plans or Combo Plans
- Produce the Plan Valuations, annual Plan Reports, and conduct compliance testing
- Assist Plan Consultants with projections to best achieve goals of the client
- Assist Consultants with plan design work ups for new clients
- Prepare Schedule SBs and AFTAPs
- Assisting with plan audits and terminations
- Work with legal department to keep Plans in compliance
What We Offer:
NFP is proud to offer a competitive salary, PTO & paid holidays, 401(k) with match, exclusive discount programs, health & wellness programs, and more. Our PeopleFirst culture focuses on building and nurturing lifelong relationships with our employees because, at the end of the day, we exist to be there for others. The base salary range for this position is $126,000 - $180,000. The base salary offered will be determined by factors including, but not limited to, experience, credentials, education, certifications, skill level required for the position, the scope of the position, and geographic location. Actual base salary offered will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
NFP and You... Better Together!
NFP is an inclusive Equal Employment Opportunity employer.