Empower | Associate Actuarial Analyst (Remote)
United States · Remote
Entry Level +1 · Full time
Posted a year ago
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Grow your career with a growing organization

Whether they’re helping people reach their long-term financial goals or providing personal wealth management strategies, every associate contributes to changing the lives of those we serve for the better. When it comes to job satisfaction, that’s hard to beat. And from a personal satisfaction perspective, you’ll enjoy the freedom to support causes that matter to you and experience a truly inclusive work environment. Your future starts now.

The Empower Benefits Consulting organization is a team of professionals focused on delivering actuarial consulting solutions and services to retirement plan sponsors. We are a group that thrives on teamwork, collaboration, and finding unique solutions to help our clients. All we need to complete our team is you.

As an Associate Actuarial Analyst you will support the delivery of actuarial services for our Defined Benefit clients by understanding of how to apply applicable retirement law/regulations and procedures to perform routine deliverables. You will work primarily on reoccurring and occasionally on ad hoc assignments, building productive internal/external working relationships and getting to know our team and company in the process. You may be eligible for support towards actuarial exam progression through our Consulting Actuary Development Program.

What You Will Do

  • Complete annual actuarial valuations, government filings, and FAS ASC 715 pension and welfare disclosures for Defined Benefit clients’ plans.
  • Provide information requested by accountants in connection with plan audits.
  • Prepare any necessary information requested by clients with respect to consultative opportunities.
  • Build knowledge and understanding of Defined Benefit, Defined Contribution, Non-Qualified, Retiree Medical (OPEB) and other retirement programs with the goal of becoming a holistic retirement consultant.

What You Will Bring

  • Bachelor’s Degree in actuarial science, mathematics or finance
  • 0-5 years of experience, preferably in the actuarial or retirement space
  • Understanding and knowledge of Microsoft Office suite, including Excel macros/Visual Basic
  • Strong analytical mindset and mathematical skills
  • Creative problem solving and intellectual curiosity
  • Effective written and oral communication skills
  • Personal accountability with a strong attention to detail, proactive nature, and an eye toward process improvement
  • Ability to successfully work on multiple projects at a time and deliver timely results
  • Ability to thrive in a diverse and collaborative team environment, plus the skills to work independently and efficiently

What Will Set You Apart

  • Defined Benefit and Defined Contribution product understanding
  • Ability to apply basic actuarial principles to resolve Defined Benefit plan issues
  • Preferred candidate will have passed at least 2 actuarial exams (support for exam progression is provided through our Consulting Actuary Development Program)
  • Knowledge of Microsoft Access, Python & ProVal software are a plus

What We Offer You

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

  • Medical, dental, vision and life insurance
  • Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
  • Tuition reimbursement up to $5,250/year
  • Business-casual environment that includes the option to wear jeans
  • Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
  • Paid volunteer time — 16 hours per calendar year
  • Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
  • Business Resource Groups (BRGs) - internal networks that rally around common interest, experiences and identities such as race, ethnicity, gender, ability, military status and sexual orientation. BRGs play a vital role in educating and engaging our people and advancing our business priorities.

Base Salary Range

$61,800.00 - $87,375.00

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer

  • Drug-free workplace

We are an equal opportunity employer with a commitment to diversity. All individuals, regardless of personal characteristics, are encouraged to apply. All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law.

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***

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Empower Investment
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Size:  10,000+ employees
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