Description

Role Value Proposition: 

The Retirement & Income Solutions US Pension Pricing team is seeking an Actuary to serve as the actuarial & pricing lead for cross-functional post-sale onboarding and administration of strategic PRT cases.   Core responsibilities include managing post-sale customized solutions for corporate clients.  This position will work with Product Management, Implementation, RIS Operations, RIS Contracts, Business Solutions, RIS IT, Actuarial Resources, and Global Risk Management on a regular basis.  

Key Responsibilities: 

• Serve as actuarial & pricing expert for cross-functional onboarding and administration of strategic PRT cases: Responsibilities include:  development and review of benefit calculation tools; analysis and reconciliation of client-facing calculations; data analysis and reconciliation; creation of files & documents for internal partners to streamline IT & Actuarial onboarding and automation; support of IT testing; understanding, describing, and quantifying financial impacts of plan provisions; reviewing and opining on contract features and administrative practices; and partnership with Contracts team to create and review contractual documents
• Provide actuarial support to internal partners (i.e. Implementation and Global Operations) on all post-sale pricing issues related to strategic PRT cases
• Perform post-sale pricing-related functions, such as creating individual cost listing, analyzing price variance, performing true-up calculations, and handling amendment calculations
• Developing strategies for non-standard post-sale pricing and financial related requests from strategic clients
• Make recommendations on refining current processes to enhance the quality of work and improve efficiency
• Complete special projects and act as a resource to internal partners on actuarial issues

Requirements

Required: 

• Bachelor's degree in mathematics, statistics, actuarial science or related field.
• 6+ years of actuarial experience; 4+ years pensions-related experience
• Excellent computer skills, analytical, and spreadsheet (Excel, Access, Visual Basic).
• Proven ability to act independently yet understand when and where to escalate and involve others
• Proven strong communication skills to both technical and non-technical audiences.
• High degree of business and financial acumen
• ASA designation with the Society of Actuaries
   

Preferred:

• Experience with Prophet
• FSA designation with the Society of Actuaries