Enrolled Actuary, (Pollard & Associates)

About Pollard & Associates, (POL):

Based in Hunt Valley, Maryland, Pollard & Associates (POL) have spent 50+ years helping customers "navigate the bridge to retirement." With 1,000+ customers across the DMV, Pollard prides itself on unrivaled expertise and a customer-centric focus. Pollard & Associates is an operating partner of Strongpoint Partners, a leading tech-enabled financial services retirement platform backed by Shore Capital Partners (SCP).

Role Overview:

Pollard & Associates (POL), a Strongpoint Partner, is seeking an experienced Enrolled Actuary with experience in the small business marketplace. To qualify for the position, candidates must be an Enrolled Actuary - enrolled by the Joint Board for the Enrollment of Actuaries to perform actuarial services under the Retirement Income Security Act of 1974 with at least three years of experience as an Enrolled Actuary. Responsibilities of this role include everything related to handling Cash Balance/Defined Benefit plans with fewer than 200 participants. Experience with and knowledge of ASC 715 and other FASB requirements is preferred. This is a great opportunity for a motivated candidate who wants to be an integral part of a growing financial services firm.

PLEASE NOTE: This is a fully remote position and can be performed from anywhere within the United States. We are committed to supporting a flexible work environment and welcome candidates from all U.S. time zones.

Key Responsibilities:

• Independently review a caseload of 150+ Defined Benefit / Cash Balance Plans in accordance with IRS laws and regulations.
• Review annual non-discrimination testing for qualified pension plans including Cash Balance, Defined Benefit, 401(k), Profit Sharing, and Money Purchase plans.
• Review PBGC filings and notices.
• Certify contribution and asset amounts for AFTAP.
• Prepare and review annual FASB reports.
• Review distribution packages and annual participant statements.
• Review government form filings (IRS & DOL form 5500, Schedule SB, etc.).
• Prepare preliminary design studies and projections that will meet all nondiscrimination requirements.
• Prepare, review, and consult regarding plan termination filings with IRS and PBGC.
• Represent clients in audits with IRS, PBGC and DOL, P/T Exemption and VCP Filings.
• Lead and/or participate in retirement plan consulting projects.
• Direct client contact and new business development is at your discretion and will be rewarded, but not required.
• Ability to work in energized, fast-paced environment.
• Maintain industry knowledge and share information with client and team members.
• Keep up to date with changing legislative requirements.
• Provide superior client service, responsiveness, and communication.
• Utilize administration systems (Datair, FT William) and other technologies to maximize efficiencies.
• Other duties as assigned.

Qualifications:

• 3+ years reviewing actuary experience.
• Knowledge of business entities as they relate to plan compensation and plan design.
• Excellent knowledge of 415 limit, 410(b), Top Heavy and 401(a)(4) non-discrimination testing.
• Understand client business issues and be able to understand how they affect the retirement plan.
• Experience with Datair preferred but not required.
• Ability to utilize and keep current CRM software (Pension Pal).
• Organized individual able to set priorities, meet deadlines, and be detail-oriented.
• Team player, collaborative, able to work with and through others.
• Strong verbal and written communication skills internally and externally.
• Ability to work well under pressure with multiple priorities and deadlines.
• Ability to act with integrity, be proactive with client needs, seek to continuously improve service, constantly focus on professional growth and work collaboratively with the entire team.

Preferred Qualifications:

• Membership in at least one of the following: 

  1. The Society of Actuaries (SOA)
  2. The American Society of Enrolled Actuaries (ASEA)
  3. The American Academy of Actuaries (AAA)
  4. The National Institute of Pension Administrators (NIPA)