Defined Benefit Consultant and Administrator

Description

Are you an experienced Defined Benefit Plan Consultant or Enrolled Actuary with 3-5 years of expertise in the field? We are seeking a talented professional to join our Defined Benefits Practice at The Liberty Company Insurance Brokers, Inc. While this position offers the flexibility of remote work, we prefer candidates who reside in the Chicagoland area to facilitate occasional in-person collaboration. If you are passionate about providing exceptional retirement solutions, possess strong analytical skills, and are looking to advance your career in a dynamic and supportive environment, we would love to hear from you!

Shore Tompkins Actuarial Resources, LLC, a regional leader in the third-party administration of all types of employer-sponsored retirement plans, is seeking a highly motivated individual to become a valuable member of our team.
 

We are currently looking for an experienced defined benefit plan consultant or Enrolled Actuary for our Defined Benefit practice. Our practice primarily includes the administration of cash balance plans for small closely held businesses, as well as DB/DC combined benefit nondiscrimination testing. We are looking for an individual who has at least 5 years of industry experience providing such services.
 

Responsibilities include:

• Performing actuarial valuations for cash balance and defined benefit plans, including both beginning of the year valuations and end of the year valuations
• Perform benefit nondiscrimination testing on combined plans (401k and cash balance plans
  primarily)
• Calculate 415 limits for participants
• Determine benefits due participants upon retirement and termination
• Calculate PBGC premiums and prepare PBGC filings
• Preparation of annual governmental filings including Forms 5500, 8955-SSA and 5330
• Consult with plan sponsors to assist with funding options
• Plan design and document preparation (preferred, not required)
• Assist with other functions of relating to the administration of qualified defined benefit plans.

Qualifications

Attributes of the ideal candidate include:

• Client-focused and proactive
• Ability to communicate technical information clearly and effectively to clients in writing and verbally
• Ability to work independently and as part of a team
• Strong organization and time management skills
• Good communication and mathematical skills
• The ability to multi-task effectively, manage deadlines and follow established internal procedures

Applications Used

• FT Williams – we use this for document preparation, actuarial valuations and Form 5500 filings
• ASC – prior actuarial valuation system used (a few clients remain on this system)
• Pension Pro – Data and Task management system

We offer a friendly, professional work environment, opportunities for growth and advancement and a full benefits package. We also strongly encourage and support the pursuit of ASPPA credentials. Our office is a paperless environment, and we utilize technology extensively both internally and externally when corresponding with our clients. We will consider both local candidates (Chicagoland preferred) and remote employees.

Promoting Peace of Mind for All

At Liberty, we take great care to promote peace of mind for all. We create a safe space to find your Joy of Being as your most authentic self. Being uniquely YOU, with your unique experiences and ideas, we will continue to strengthen our company as we grow together.

HABU has nothing to do with age, gender identity, race, sexual orientation, physical or mental ability, or ethnicity. We pursue people who value: Integrity, excellence, caring, kindness, fairness, teamwork, good feelings, and fun! Liberty empowers our team with tools and knowledge to support the purposeful spread of positive energy, kindness, and good feelings with others.

We recognize that our industry has more work to do in advancing diversity and inclusion. Our dream is to become the north star others can look to for direction as we advance together.