Back to Search

Defined Benefit Enrolled Actuary

PRIME PENSIONS INC

Retirement/Consultancy/Senior Manager Level

Defined Benefit Enrolled Actuary

PRIME PENSIONS INC

Sacramento, California, United States · Flexible · 1w ago

Salary
$100k - $130k
Experience
5+ Years

Role Summary

Role type

Pension consulting partner

Closer to consulting/client-facing work than a reserving cycle role—the ad serves multiple small-plan clients through consultants rather than one recurring valuation book.

Senior Retirement actuarial role in Sacramento, California, supporting defined benefit, cash balance, and DB/DC plans. You’ll complete and review valuations, compliance testing, plan design, regulatory filings, and plan-termination work while partnering with consultants serving small-plan clients. The position may be performed remotely or from the Sacramento or Chico office, subject to business needs and approval.

Requirements

Must have

  • Minimum 5 years experience in the pension industry

Strongly preferred

  • Bachelor's degree in actuarial science, math or math-related field
  • Enrolled Actuary designation (or currently studying for final exam)
  • Strong verbal/written communication, analytical, & critical thinking skills
  • Demonstrated expertise with Microsoft and valuation applications
  • Proficiency reviewing/certifying/completing annual funding valuations for owner-only clients and plans with <100 lives
  • Strong working knowledge of pension plan testing regulations (401(a)(26), 401(a)(4), 410(b), top-heavy, 404 deductibility)
  • Experience running complex plan design proposals and cost studies
  • Skill in reviewing plan documents and amendments
  • Knowledge of PBGC covered plans (coverage determination, annual premium filings, termination complexities)
  • Experience completing/reviewing Schedule SB forms, AFTAPs, Annual Funding Notices
  • Skill performing plan termination calculations and assisting with wind-down strategy
  • Proficiency with IRC Section 415 requirements
  • Ability to integrate all above to support consultants providing high-quality service

Nice to have

  • FT William experience preferred

Skills & Domain

ToolsExcel
DomainDefined benefit and cash balance plan valuationCompliance testing under IRC Sections 401(a)(4), 410(b), etc.PBGC coverage determination and premium filingPlan termination calculations and wind-down strategySchedule SB and AFTAP certification