Pension Actuarial Associate - Mutual of America Financial Group : Job Details

Join to apply for the Pension Actuarial Associate role at Mutual of America Financial Group

1 week ago Be among the first 25 applicants

Join to apply for the Pension Actuarial Associate role at Mutual of America Financial Group

Who We Are:At Mutual of America Financial Group, we help people build the assets they need to achieve greater financial security. Our Company is built upon a solid foundation of integrity, excellence, and social responsibility. We were founded in 1945 to provide small and mid-sized nonprofit organizations with pension and retirement-related services, along with leading customer support. Today, we provide these services also to for-profit companies, as well as to governmental entities, Tribal enterprises, institutional investors, and individuals. We work diligently to understand the needs of our customers so we can help them achieve their financial savings goals.

Mutual of America Financial GroupJob Title: Pension Actuarial AssociateLocation: New York, NY (hybrid)Who We Are:At Mutual of America Financial Group, we help people build the assets they need to achieve greater financial security. Our Company is built upon a solid foundation of integrity, excellence, and social responsibility. We were founded in 1945 to provide small and mid-sized nonprofit organizations with pension and retirement-related services, along with leading customer support. Today, we provide these services also to for-profit companies, as well as to governmental entities, Tribal enterprises, institutional investors, and individuals. We work diligently to understand the needs of our customers so we can help them achieve their financial savings goals.We are committed to bringing talented and motivated people together to help our customers achieve a financially secure future.Role Summary:The Pension Actuarial Associate is part of the Actuarial Consulting Department. They work as part of a team to provide financial and regulatory guidance to organizations who sponsor Defined Benefit/Defined Contribution plans and support the Pension Risk Transfer business. The Pension Actuarial Associate serves as a key resource for the lead consulting actuaries by managing workflow, reviewing all deliverables, and providing decision-ready analysis that help plan sponsors meet funding, regulatory, and participant-service obligations.Responsibilities:

• Lead annual pension valuation work including PPA valuations, ASC-715/GASB reports and government filings
• Price Pension Risk Transfer (PRT) transactions including reviewing RFPs, underwriting population mortality risks, producing cashflows and calculating reserves/premiums
• Prepare New Comparability design/testing for Defined Contribution plans and other compliance support for Defined Benefit plans
• Support plan implementations, amendments, and terminations, including data conversion, liability estimates, and settlement calculations
• Draft and deliver presentations to clients and general consulting with plan sponsor
• Delegate and coach junior colleagues on actuarial techniques, software use, and best-practice documentation
• Evaluate and interpret plan document provisions and actuarial results
• Perform related tasks as assigned

Required Qualifications:

• Bachelor's Degree
• 5+ years of pension actuarial experience in a client service environment
• Strong analytical, communication and project management skills
• Competency with Microsoft Excel and familiarity with actuarial software such as ProVal

Preferred Qualifications:

• Actuarial exams passed are a plus, but not required
• Proficient with Microsoft Office including Excel VBA and macros
• Strong communication skills with the ability to convey complex information clearly and professionally
• Proactive and self-motivated, with a demonstrated ability to anticipate needs and identify opportunities for improvement
• Able to work independently while also thriving in a collaborative, team-oriented environment

What we offer you:

• Competitive base salary
• Annual Bonus
• Comprehensive Benefits Package (medical, dental, and vision) that starts day one of employment.
• 401K Match: Receive up to 6% of your pay (salary and incentive compensation) with 100% employer match on employee contributions.
• Parental Leave: 8 weeks fully paid.
• Paid time off: 20 days plus two floating personal holidays

The salary range below describes the minimum to maximum base salary range for this role. The role is also eligible for an annual bonus, whereby total compensation may exceed this range depending on individual and / or company performance.Base Salary Range: $96,800 - $145,200Visit www.mutualofamerica.com/careers for additional details about life at Mutual of America. You can also follow us on Twitter: @mutualofamerica | Facebook: @mutualofamericaMutual of America Financial Group provides equal employment opportunity to all qualified employees and applicants for employment regardless of race, color, creed, religion, sex, pregnancy, national origin, ancestry, citizenship status, age, marital or partnership status, sexual orientation, gender identity or expression, disability, genetic predisposition, veteran or military status, or any other classification prohibited by applicable law.

Seniority level

• Seniority levelMid-Senior level

Employment type

• Employment typeFull-time

Job function

• Job functionFinance and Sales

Referrals increase your chances of interviewing at Mutual of America Financial Group by 2x

Get notified about new Actuarial Associate jobs in New York, NY.

New York, NY $80,000.00-$110,000.00 9 months ago

New York, NY $52,000.00-$92,000.00 4 weeks ago

Actuarial Associate (Group Insurance) (Hybrid)

Newark, NJ $69,200.00-$103,000.00 2 days ago

New York, NY $90,000.00-$130,000.00 2 days ago

Asset & Wealth Management, Asset/Liability Strategist, Associate - New YorkGlobal Banking & Markets, Equity Derivatives Structuring, Product & Pricing Actuary, Associate - New York

New York, NY $60,000.00-$135,000.00 1 month ago

New York, NY $75,000.00-$90,000.00 1 hour ago

New York City Metropolitan Area $77,760.00-$149,040.00 3 weeks ago

Actuarial Analyst/Sr. Actuarial Analyst-Commercial Auto

New York, NY $60,000.00-$135,000.00 1 month ago

New York, NY $88,000.00-$165,000.00 2 months ago

New York, NY $75,000.00-$90,000.00 2 weeks ago

New York, NY $230,000.00-$315,000.00 2 months ago

Assistant Actuary or Senior Actuarial Analyst

New York, NY $74,300.00-$140,000.00 23 hours ago

Senior Actuarial Analyst I - Casualty Pricing

New York, NY $88,000.00-$165,000.00 1 month ago

Investment Analytics Senior Associate - ActuarialAdministrative Retirement Benefits Specialist, M5

New York, NY $74,000.00-$110,000.00 2 days ago

International Actuarial Advanced Associate

New York, NY $100,000.00-$140,000.00 1 week ago

Actuarial Associate, Insurance Risk Modeling

New York, NY $140,000.00-$155,000.00 21 hours ago

International Actuarial Advanced Associate

New York City Metropolitan Area 3 days ago

New York, NY $146,300.00-$200,000.00 2 weeks ago

New York City Metropolitan Area 1 week ago

We're unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr