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 Senior Defined Benefit Implementation Analyst

Details
Country: USA
Location: Wisconsin-Milwaukee Milwaukee, WI 53201
Total applied: 23
Job Category:Accounting/Finance/Insurance
Location:Milwaukee, WI 53201
Status:Full Time, Employee
Occupations:Actuarial Analysis;Financial Analysis/Research/Reporting;General/Other: Accounting/Finance
Career Level:Experienced (Non-Manager)
Senior Defined Benefit Implementation Analyst

Mercer Retirement provides a wide range of strategic and compliance-related retirement services with an emphasis on the financial management of retirement programs. We have offices in more than 40 countries, and our global actuarial and benefits offerings provide multinational companies with easy access to our broad and deep expertise worldwide. Our Global Retirement Service Centers allow us to efficiently provide our public and private sector clients with detailed financial calculations and analysis such as retirement valuation work, data and benefit calculations and other regulatory and tax compliance related services. A Technical Implementation Analyst is responsible for leading system implementations utilizing Retirement Administration Center (RAC) pension systems. To fulfill this role the Technical Implementation Analyst will: Summarize Plan documents for programmers Provide review for all types of calculations for ongoing team Able to assist in translating client deliverables into business requirements Responsible for all client deliverables and adherence to RAC and legal procedures and standards Manage relationship with Mercer actuarial staff and clients to clarify or resolve issues related to deliverables and ensure satisfaction with RAC services Act as a key resource in leading successful new client implementations through implementing the project work plan and controlling project scopeBA/BS math or computer science or equivalent industry experience preferred Working knowledge of actuarial concepts and calculation methods, e.g. actuarial factors and commutation functions Good knowledge of the IRS code and DOL rules and regulations as they apply to defined benefit plans and procedures including: 401(a)(17), 415(b), 417(e), Relative Value and RASD Familiar with different types of defined benefit plans including: Cash Balance, Rate x Service, Final Average Earnings, Pension Equity and Social Security Offset Superior teamwork skills Excellent analytical and mathematical skills Intermediate to advanced skills in Microsoft Office, general Excel and Access programming a plus 5 plus years of advanced Defined Benefit experience and/or experience automating solutions for pension benefit calculations Ability to organize and write pension documentation manuals is required Strong client relationship and consulting skills Excellent oral and written communication skills Excellent interpersonal skills Possess leadership experience and must work well in a team environment Actuarial, CEBS certifications or other advanced degrees are desirable

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