← Back to all jobs
ProSidian Consulting, LLC

Associate Actuary - Actuarial Support (PAS2)

ProSidian Consulting, LLC

7h ago

0SupportUnited Stateshimalayas
Actuarial-ServicesPension-ConsultingActuaryRisk-ManagementAssociate-ActuaryActuarial-SupportPension-ActuaryActuarial-AssociateActuarial-AssistantActuarial-AnalystEntry-level

Job Description

ProSidian Seeks a Associate Actuary - Actuarial Support (PAS2) (CONUS - Washington, DC (Remote) | Program Manager - 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 a Team that provides Federal Financial Services Sector-related Management And Operations Consulting Solutions for Actuarial Support for Multi-employer 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 shall support, lead. Direct engagement teams and contribute to deliverables that assess potential risks of company decisions or situations using statistics, financial theories, and mathematics. In addition, the candidate works as part of a 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 their financial risks.The Associate Actuary shall be a data-driven professional interested in working with market-leading tools and technology to support, lead. Direct engagement teams, contribute guidance, and support clients' requirements and Engagement Teams of professionals who help clients assess benefit program and organizational risk by leveraging advanced analytics within their federal and 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 professionallyOther duties and responsibilities include:Studying statistical data to create 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 payoutGenerating charts and presenting them at meetings along with explaining the informationAnalyzing reports to determine next steps for the company or clientParticipate in and 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 experiencesThis position shall be designated "Key Personnel." The key personnel are essential to the successful performance of the contract and will assure consistent management control and direction. As a condition of employment, the Associate Actuary is required to maintain Govt. | Client Data in the strictest confidence and agrees not to publish, reproduce, or otherwise divulge Govt. | Client Data in whole or in part, any manner or form, nor to authorize or permit others to do so, taking such reasonable measures as are necessary to limit access to Govt. | Client Data to those contractor employees needing such information to perform the work required under this contract.Associate Actuary - Actuarial Support (PAS2) 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 report to track the 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 informati