Pension Actuary Manager

Human Capital Consulting | DC Human Capital
Same job available in 67 locations

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Position Summary

  1. Are you a data-driven professional interested in working with market leading tools and technology? Join our team of actuaries and other professionals to support our Government clients as they face complex decisions pertaining to their pension and post-retirement medical plans. If you are seeking a role that offers you the opportunity to advise clients through critical and complex benefit and risk issues, while allowing you to develop personally and professionally, consider a career in Deloitte’s Rewards & Well-Being (R&WB) practice.


Work you’ll do


We are looking for practitioners with a strong actuarial foundation who are looking to bring creative and innovative solutions to our clients. As a Manager within our R&WB team you will:

  • Perform valuation services for pension and post-retirement medical plans
  • Prepare plan design alternatives for pension and post-retirement medical plans
  • Benchmark key benefit metrics across industries to inform our clients
  • Project future plan costs for key decision-makers at our state and local government clients
  • Analyze claims and perform rate-setting process for state and local clients
  • Prepare and present key findings to clients
  • Perform project tasks independently, and may direct the efforts of others
  • 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; seek opportunities for professional growth and expansion of consulting skills and experiences
The Team

The Workforce Transformation practice delivers solutions to help our clients transform their workforces and workplaces for business success in this era of technology disruption. We deliver solutions to enable our clients’ success in creating the very best workforce to achieve their business aspirations - providing end-to-end workforce lifecycle solutions.

Workforce Transformation supports our clients by:
  • Imagining and transforming the composition and capabilities of the workforce to match the needs of the future of work in this age of technology disruption
  • Delivering end-to-end transformations of workforce programs, services and processes to identify, build and incent to drive success of organizations and their workforces
  • Delivering solutions within each workforce domain: Branding & Acquisition; Rewards & Well-being; Performance, Learning & Career Mobility; Leadership & Teaming; Diversity & Inclusion

Qualifications


Required:

  • Bachelor’s degree in Mathematics, Economics, Statistics or other business related field
  • 8 years of relevant single employer pension plan actuary experience
  • 4 years of team leadership experience 
  • Proficiency in word processing, spreadsheet, and presentation creation tools, as well as internet research tools
  • Attained actuarial credentials such as ASA, EA, or FSA
  • Must be able to obtain and maintain required clearance for this role
  • Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future
  • Willingness to travel at least 50% 

Preferred:

  • Experience working on single employer or multi-employer pension plan data
  • Experience or familiarity with public sector clients who fall under GASB
  • Experience or familiarity with private sector clients who fall under ERISA (Section 4044)
  • Experience performing non-traditional actuarial work, developing creative approaches to problems
  • Experience identifying and validating pension plan data
  • Experience performing benefit calculations
  • Experience supporting consultations on pension plan administration leading practices, including process and operational efficiencies
  • Experience working with Form 5500 data
  • Experience with ProVal 
The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs.  The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled.  At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case.  A reasonable estimate of the current range is $119k to $199k. You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance.

Our people and culture

Our diverse, equitable, and inclusive culture empowers our people to be who they are, contribute their unique perspectives, and make a difference individually and collectively. It enables us to leverage different ideas and perspectives, and bring more creativity and innovation to help solve our clients' most complex challenges. This makes Deloitte one of the most rewarding places to work. Learn more about our inclusive culture.

Our purpose

Deloitte’s purpose is to make an impact that matters for our clients, our people, and in our communities. We are creating trust and confidence in a more equitable society. At Deloitte, purpose is synonymous with how we work every day. It defines who we are. We are focusing our collective efforts to advance sustainability, equity, and trust that come to life through our core commitments. Learn more about Deloitte's purpose, commitments, and impact.

Professional development

From entry-level employees to senior leaders, we believe there’s always room to learn. We offer opportunities to build new skills, take on leadership opportunities and connect and grow through mentorship. From on-the-job learning experiences to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.


As used in this posting, "Deloitte" means Deloitte Consulting LLP, a subsidiary of Deloitte LLP. Please see www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability or protected veteran status, or any other legally protected basis, in accordance with applicable law.

Deloitte will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance. See notices of various ban-the-box laws where available.

Requisition code: 116503

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