Sr. DB Actuarial Analyst - Mercer - Pittsburgh
Company Name:
Marsh & McLennan Companies
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset - their people. Mercer's 20,000 employees are based in more than 40 countries. If you thrive on challenge, are passionate about ideas, love solving problems and truly enjoy connecting with people, we encourage you to explore the hundreds of job opportunities available through Mercer. Our core strengths place Mercer in a unique position to help our clients achieve the extraordinary - and extraordinary results require extraordinary people. Mercer is a wholly owned subsidiary ofMarsh & McLennan Companies(NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital.
The Senior Defined Benefits Actuarial Analyst performs analysis and calculations necessary to complete client pension projects for review by Senior staff. He/she is involved in numerous client projects simultaneously and must manage their contribution to project time and budget effectively to ensure a correct and complete client deliverable. To fulfill this role, the Actuary will:
Program, review and develop annual client liabilities using actuarial principles and Mercer's Global Retirement System (GRS).
Check and Analyze actuarial valuation results including the analysis of census data and review of test case results that are prepared and presented by the Retirement Service Center.
Analyze and assist with specific financial calculations including the calculation of plan liabilities, asset calculations and trust statement review in client situations of pension plan design change, change in benefit formula or assumptions and other special projects.
Develop program code in GRS to determine employer contributions and accounting expense, and manually create accounting reports that details findings for the client.
Calculate trust assets received from client statements and provide reports that document assets which offset liabilities.
Calculate individual benefit calculations, review plan documents, produce employee benefit statements and file annual government reports.
Bachelors degree in Math, Statistics, Actuarial Science or related field
Experience working in teams and with large, complex amounts of data
Superior analytical skills
Superior proficiency in Microsoft excel
A minimum of one SOA exam passed
Commitment to achieving ASA/FSA and EA designations
Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, pension and 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us /. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us .
Job: Actuarial
Title: Sr. DB Actuarial Analyst - Mercer - Pittsburgh
Location: PA-Pittsburgh
Requisition ID: PIT0007U
Other Locations: US-MI-Detroit, US-OH-Columbus, US-TX-Houston, US-IL-Chicago, US-MI-Southfield, US-TX-Dallas, US-MN-Minneapolis, US-MO-Saint Louis Estimated Salary: $20 to $28 per hour based on qualifications.
Marsh & McLennan Companies
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and performance of their most vital asset - their people. Mercer's 20,000 employees are based in more than 40 countries. If you thrive on challenge, are passionate about ideas, love solving problems and truly enjoy connecting with people, we encourage you to explore the hundreds of job opportunities available through Mercer. Our core strengths place Mercer in a unique position to help our clients achieve the extraordinary - and extraordinary results require extraordinary people. Mercer is a wholly owned subsidiary ofMarsh & McLennan Companies(NYSE: MMC), a global team of professional services companies offering clients advice and solutions in the areas of risk, strategy and human capital.
The Senior Defined Benefits Actuarial Analyst performs analysis and calculations necessary to complete client pension projects for review by Senior staff. He/she is involved in numerous client projects simultaneously and must manage their contribution to project time and budget effectively to ensure a correct and complete client deliverable. To fulfill this role, the Actuary will:
Program, review and develop annual client liabilities using actuarial principles and Mercer's Global Retirement System (GRS).
Check and Analyze actuarial valuation results including the analysis of census data and review of test case results that are prepared and presented by the Retirement Service Center.
Analyze and assist with specific financial calculations including the calculation of plan liabilities, asset calculations and trust statement review in client situations of pension plan design change, change in benefit formula or assumptions and other special projects.
Develop program code in GRS to determine employer contributions and accounting expense, and manually create accounting reports that details findings for the client.
Calculate trust assets received from client statements and provide reports that document assets which offset liabilities.
Calculate individual benefit calculations, review plan documents, produce employee benefit statements and file annual government reports.
Bachelors degree in Math, Statistics, Actuarial Science or related field
Experience working in teams and with large, complex amounts of data
Superior analytical skills
Superior proficiency in Microsoft excel
A minimum of one SOA exam passed
Commitment to achieving ASA/FSA and EA designations
Marsh & McLennan Companies offers competitive salaries and comprehensive benefits and programs including: health and welfare, tuition assistance, pension and 401K, employee assistance program, domestic partnership benefits, career mobility, employee network groups, volunteer opportunities, and other programs. For more information about our company, please visit us /. We embrace a culture that celebrates and promotes the many backgrounds, heritages and perspectives of our colleagues and clients. For more information, please visit us .
Job: Actuarial
Title: Sr. DB Actuarial Analyst - Mercer - Pittsburgh
Location: PA-Pittsburgh
Requisition ID: PIT0007U
Other Locations: US-MI-Detroit, US-OH-Columbus, US-TX-Houston, US-IL-Chicago, US-MI-Southfield, US-TX-Dallas, US-MN-Minneapolis, US-MO-Saint Louis Estimated Salary: $20 to $28 per hour based on qualifications.
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