Note: The job is a remote job and is open to candidates in USA. Pentegra Retirement Services is seeking a DB Account Manager who is familiar with the various aspects of funding and accounting for defined benefit pension plans. The role requires excellent math and analytical skills to perform tasks such as coding valuation software, preparing benefit calculations, and conducting non-discrimination testing.
Responsibilities
- Single Employer Funding Valuations – Code valuation software (including new plans, plan amendments, life insurance and assumption changes). Reconcile assets and life insurance, calculate contribution requirements, prepare valuation reports and government filings including Form 5500 & PBGC submissions
- Benefit Calculations – Prepare benefit calculations and RMDs based on the plan provisions, IRS Rules, and actuarial factors
- Non-Discrimination Testing – Analyze data and perform 410(b) minimum coverage tests, 401(a)(26) participation tests and 401(a)(4) general tests
- Special Projects– Prepare plan amendments, cost/funding projections, and assist with plan terminations in coordination with PBGC
Skills
- College degree required
- Five or more years of pension experience
- Proficient in Microsoft Office, with strong Excel and Word skills
- Strong attention to detail
- Excellent communication and time management skills
- Experience with Datair software
- Experience with ftwilliam.com for plan documents, 5500s, and PBGC Filings
- Experience working with life insurance policies held inside pension plans
- 412(e) plan experience
- ASPPA designations
Company Overview