Conduent Wealth Senior Consultant, Retirement Actuary in Pittsburgh, Pennsylvania

Wealth Senior Consultant, Retirement Actuary

Description

Conduent is the world's largest provider of diversified business process services with leading capabilities in transaction processing, automation, analytics and constituent experience. We work with both government and commercial customers in assisting them to deliver quality services to the people they serve.

We manage interactions with patients and the insured for a significant portion of the U.S. healthcare industry. We are the customer interface for large segments of the technology industry and the operational and processing partner of choice for public transportation systems around the world.

Whether it's digital payments, claims processing, benefit administration, automated tolling, customer care or distributed learning - Conduent manages and modernizes these interactions to create value for both our clients and their constituents. Learn more at www.conduent.com .

Wealth Senior Consultant, Retirement Actuary

Summary: Serves 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.

Duties and Responsibilities

Leads the preparation of and reviews the work of others on recurring projects such as:

■ 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 and Experience Required

■ Minimum of 6 years of related experience

■ Bachelor’s Degree in Actuarial Science, Math, Finance, or related area

■ Enrolled Actuary (EA) or Associate of Society of Actuaries preferred, but not required

■ Experience with pension plan terminations a plus

■ Experience performing stochastic cost projections a plus

Conduent is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, creed, religion, ancestry, national origin, age, gender identity, gender expression, sex/gender, marital status, sexual orientation, physical or mental disability, medical condition, use of a guide dog or service animal, military/veteran status, citizenship status, basis of genetic information, or any other group protected by law. People with disabilities who need a reasonable accommodation to apply for or compete for employment with Conduent may request such accommodation(s) by clicking on the following link, completing the accommodation request form, and submitting the request by using the "Submit" button at the bottom of the form. For those using Google Chrome or Mozilla Firefox please download the form first: click here to access or download the form at https://downloads.conduent.com/content/usa/en/file/conduent-applicant-adaaa-referral-form.pdf .

Job Buck Consulting-Actuarial

Primary Location United States-Pennsylvania-Pittsburgh

Organization Consumer and Industrials

Unposting Date Ongoing

Req ID: 18009960