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ProSidian Consulting, LLC

Actuarial Assistant I - Actuarial Support (PAS4)

ProSidian Consulting, LLC

7h ago

0SupportUnited Stateshimalayas
Actuarial-ConsultingActuarial-ServicesPension-ConsultingActuarial-AnalystRisk-ManagementActuarial-SupportMultiemployer-PensionFederal-Financial-ServicesActuarial-AssistantJunior-Actuarial-AnalystEntry-level

Job Description

ProSidian Seeks a Actuarial Assistant I - Actuarial Support (PAS4) (CONUS - Washington, DC (Remote) | Senior Consultant - Full-Time) to support an engagement for a federally chartered corporation that encourage the continuation and maintenance of voluntary private defined benefit pension plans. The candidate works as part of an Team that provides Federal Financial Services Sector-related Management And Operations Consulting Solutions for Actuarial Support for Multiemployer Special Financial Assistance Services. This service supports Capital Markets ProSidian Job Title Sector Clients (For Present / Future Requirements) and ProSidian Team Members work as part of a Team to fulfill requirements for a The Actuarial Assistant I shall support Teams and participate on Service Pod Teams and contribute to deliverables that assess potential risks of company decisions or situations using statistics, financial theories, and mathematics. The candidate works as part of an Team that provides Federal Financial Services Sector related Management And Operations Consulting Solutions for Actuarial Support for Multiemployer Special Financial Assistance Services. Their duties include estimating probabilities of the success of certain business decisions, projecting costs of potential natural disasters, deaths, or sicknesses of company employees, and designing insurance policies or business strategies to reduce a company's financial risks.The Actuarial Assistant I shall be a data-driven professional interested in working with market leading tools and technology to support Teams and participate on Service Pod Teams, contribute guidance, and support requirements of clients and Teams of professionals who help clients assess benefit program and organizational risk by leveraging advanced analytics within their federal and/or public sector organization's environment. This role offers the opportunity to advise clients through critical and complex benefit and risk issues, while allowing you to develop personally and professionallyAs a Actuarial Assistant I within our Government & Public Services (GPS) Team you support Teams and participate on Service Pod Teams in the analysis of financial consequences of risk. Other duties and responsibilities include:Conducting various testing and assessments, planning and analysis, developing innovative solutions to boost productivity, and keep an organized flow of documentation.leading Pod Teams of skilled professionals and other team members and shape them with extensive knowledge while adhering to client delivery, analysis support, and engagement/client/firm policies and guidelines.Studying statistical data for the purpose of creating an analysisCreating estimates of probability and likely costs for a given event such as death, natural disaster or sickness.Calculating how insurance policies for different types of coverage are likely to pay outGenerating charts and presenting them at meetings along with explaining the informationAnalyzing reports to determine next steps for the company or clientParticipate in and/or lead the development of deliverable content that meets the needs of the client and contractAnticipate client needs and formulate solutions to client issuesReview deliverables for accuracy and qualityProvide coaching to junior staffContribute to new business proposals and proposal developmentManage own personal and professional development; seeks opportunities for professional growth and expansion of consulting skills and experiencesActuarial Assistant I - Actuarial Support (PAS4) Candidates shall work to support requirements for (Actuarial Support Services) and contribute to client deliverables related to Performance Area I: Special Financial Assistance (SFA) implementation, reporting, and monitoring as well as Special Financial Assistance (SFA) application reviews. In addition provide Surge Support as part of Performance Area II for Multiemployer Special Financial Assistance (SFA) Actuarial Support: A1] Performance Area I: Special Financial Assistance (SFA) implementation, reporting, and monitoring:Assist NRAD in the development and documentation of standard procedures to address requests from the plan for approval of SFA.Review eligibility and priority groups for plans that apply for SFA.Review and update reports to track status of active cases, completed and in progress with respect to SFA.Review and update the standard report for presentation and certification of results of each SFA application review.Train PBGC staff on SFA application review.Prepare and develop case reporting for internal and external stakeholders.Review financial and actuarial determinations post approval of SFA with respect to transactions such as mergers, transfers, and withdrawal liability settlements.Monitor plans that receive SFA for compliance with conditions.A2] Performance Area I: Special Financial Assistance (SFA) application reviewsReview the application information, including organization of the inf