View All Jobs, Sorted by Date

Actuarial Analyst

Definiti LLC

in Remote

Why work at Definiti? If you consider yourself a problem solver and appreciate working autonomously, a career at Definiti may be perfect for you. You’ll be able to directly contribute to the security and success of meaningful retirements for thousands while helping build a growing company. Most positions are fully remote, which provides work-life balance while working with, and for, your colleagues and clients. Definiti not only invests in the tools and retirement service technology to help you be successful in your role, but also supports your professional growth with training and certifications. 

Definiti is a national retirement services company that helps clients manage and administer their retirement plans. We help clients define what's possible and what’s next for their retirement plans. 

Purpose of position

The Actuarial Analyst works with defined benefit plans with a primary focus on Pennsylvania public sector pension plans.

Primary Duties and Responsibilities

• Actuarial Valuations for Public & Private Sector Defined Benefit Pension Plans
  • Request, organize, and review participant data for reasonableness
  • Run annual valuation using actuarial valuation software
  • Prepare valuation results to be presented to the actuary
  • Draft reports
• Benefit Calculations for Plan Participants
  • Prepare benefit certifications including calculation of all optional forms of payment
    • Regular termination and retirement calculations
    • Required Minimum Distribution calculations
    • QDRO calculations
  • Draft Government Filings (Form 5500s, PBGC premiums, 8955-SSA)
  • Annual Regulatory Compliance Checks

Competencies Required

• Ability to analyze the situation and provide solutions
• Prompt follow-up on open items with vendors, clients or internal team members
• Demonstrates excellent attendance, punctuality and time management
• Proficient with Microsoft Office (Excel, Word, Outlook) and ability to learn different software platforms and applications
• Ability to maintain data entry accuracy while multitasking and focusing to meet deadlines
• Conveys a professional and positive attitude while interacting with vendors, clients and internal team members

Education and Qualifications

• High school diploma or GED required
• Bachelor’s degree required
• Minimum 3 years of prior work experience related to defined benefit actuarial/administration services
• Proficient with ProVal actuarial valuation software
• Familiarity with OPEB plans is preferred

Remote Working Requirements

As a remote-first company, we have compiled expectations for a successful remote work environment:

• Ability to build rapport with others remotely while working productively with limited in-person interaction
• Designate a quiet, and well-lit space with a fast internet connection for your workspace, free of as many distractions as possible·
• Be online and available during designated business hours in local time zone 
• Accustomed to using Microsoft Teams or virtual-meeting applications to work with colleagues regularly on video and use the chat feature for quick communications
• Accustomed to file-storage and file-sharing tools such as Microsoft SharePoint and Citrix ShareFile

Benefits

Definiti has a dynamic, growth-focused culture, and we are committed to offering attractive employee-centric benefits, including:

• A virtual-first work philosophy
• 401(k) with up to 4% match
• Generous paid time off starting with four weeks, in addition to 9 paid holidays and 2 paid floating holidays
• Paid Parental Leave
• A variety of medical, dental and vision plan options including Definiti subsidized premiums
• Company-paid life insurance and short-term disability insurance
• Bonus plan eligibility

How to Apply

Apply Now

View All Jobs, Sorted by Date

Manage This Listing (employer only)