Assistant Actuary - Actuarial Support (PAS3)
ProSidian Seeks a Assistant Actuary - Actuarial Support (PAS3) (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 Sector Clients (For Present / Future Requirements) and ProSidian Team Members work as part of a Team to fulfill requirements for a shall participate on 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 Assistant Actuary shall be a data-driven professional interested in working with market leading tools and technology to participate on 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 professionally
As a Assistant Actuary within our Government & Public Services (GPS) Team you participate on Teams in the analysis of financial consequences of risk. Other duties and responsibilities include:
- Studying statistical data for the purpose of creating an analysis
- Creating 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 out
- Generating charts and presenting them at meetings along with explaining the information
- Analyzing reports to determine next steps for the company or client
- Participate in and/or lead the development of deliverable content that meets the needs of the client and contract
- Anticipate client needs and formulate solutions to client issues
- Review deliverables for accuracy and quality
- Provide coaching to junior staff
- Contribute to new business proposals and proposal development
- Manage own personal and professional development; seeks opportunities for professional growth and expansion of consulting skills and experiences
Assistant Actuary - Actuarial Support (PAS3) 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 certific