Our vision for the future is based on the idea that transforming financial lives starts by giving our people the freedom to transform their own. We have a flexible work environment, and fluid career paths. We not only encourage but celebrate internal mobility. We also recognize the importance of purpose, well-being, and work-life balance. Within Empower and our communities, we work hard to create a welcoming and inclusive environment, and our associates dedicate thousands of hours to volunteering for causes that matter most to them.

Chart your own path and grow your career while helping more customers achieve financial freedom. Empower Yourself.

The Empower Benefit Consulting Services (EBCS) organization is a team of professionals focused on delivering actuarial consulting solutions and services to meet the financial needs of our clients. We are a group that thrives on teamwork, collaboration, and finding unique solutions to address the ever-changing workplace environment. All we need to complete our team is you. 

As a Senior Actuarial Consultant, you will support the delivery of actuarial services for our consulting practice with a primary concentration on other post-employment benefit (OPEB) plans and our retiree healthcare (RHC) practice.  Additional consulting responsibilities may include supporting our defined benefit (DB), defined contribution (DC), equity compensation and consumer directed health offerings. 

 In this role you will use actuarial concepts and professional judgement to resolve complex issues in creative ways. The ideal candidate has wide ranging retirement plan experience and proven ability to provide guidance to others. You will proactively and independently complete routine work while employing best practices to improve processes, services, and products 

What you will do

• Be lead actuary on a series of our OPEB clients, providing actuarial expertise, fiduciary risk management services, and strategic direction to those sponsors. 

• Support peers on other retirement clients - inclusive of pension, defined contribution, or non-qualified arrangements. 

• Be responsible for the generation and growth of revenue on clients as either the lead or supporting actuary and retention for all clients in the assigned book of business. 

• Partner with the management team to advance EBCS’ position as a market leading organization. Act as a lead subject matter expert on retirement issues in driving product development which results in revenue growth for the overall organization.  

• Represent the organization in the public forum through speaking engagements, published articles and participation in professional organizations. 

• Educate, train, and develop staff members, elevating the knowledge of the organization as a whole with respect to the RHC practice. 

• Develop an understanding of the rules and regulations around defined contribution plans.

• Gain an understanding of the various types of equity compensation benefits and how the design of those programs fits into a client's overall compensation package. 

• Combine relevant regulatory and actuarial principles to solve client issues and/or improve processes. 

• Serve as a resource for plan sponsor and participant questions. 

• Network with key contacts outside of own area of expertise. 

• Clearly and confidently provide plain language solutions to challenging situations in both written and verbal interactions. 

What you will bring

• Bachelor’s degree and ASA and MAAA required, EA and FSA preferred

• Substantial knowledge of ERISA law, US GAAP, GASB and IFRS accounting standards 

• 10 years of experience in the post-employment consulting space and a track record of successfully managing client relationships at the highest level with a broad and deep understanding of the key success factors in that arena

• Proficiency with OPEB/DB/DC software tools/spreadsheets 

• Comprehensive understanding of actuarial decrements, assumptions, and methods

• Extensive knowledge of a variety of different retirement and other post-employment benefit programs, with a focus on retiree medical, short and long-term disability, and other welfare continuation programs

• Excellent relationship management skills and the ability to work extensively with internal partners, senior management, clients, and advisors

• Excellent project management and presentation skills

• Proven negotiation and problem-solving skills

• Ability to respond quickly to change, demonstrating flexibility in response to new or unanticipated developments; comfortable working in a fast-paced, growth-oriented culture

What will set you apart

• Advanced understanding of post-employment law and accounting standards, preferably with an understanding of health administration

• Demonstrated ability to create innovative design, risk management, and human capital management solutions for sponsors of all types of retirement programs

• Operates with a client-focus mindset, has an external and forward-looking orientation, and a demonstrated ability to make decisions swiftly 

• Outcomes driven individual focused on growth, teamwork, integrity and coaching

***Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time, including CPT/OPT.***

What we offer you

We offer an array of diverse and inclusive benefits regardless of where you are in your career. We believe that providing our employees with the means to lead healthy balanced lives results in the best possible work performance.

• Medical, dental, vision and life insurance
• Retirement savings – 401(k) plan with generous company matching contributions (up to 6%), financial advisory services, potential company discretionary contribution, and a broad investment lineup
• Tuition reimbursement up to $5,250/year
• Business-casual environment that includes the option to wear jeans
• Generous paid time off upon hire – including a paid time off program plus ten paid company holidays and three floating holidays each calendar year
• Paid volunteer time — 16 hours per calendar year
• Leave of absence programs – including paid parental leave, paid short- and long-term disability, and Family and Medical Leave (FMLA)
• Business Resource Groups (BRGs) –  BRGs facilitate inclusion and collaboration across our business internally and throughout the communities where we live, work and play. BRGs are open to all.

Base Salary Range

The salary range above shows the typical minimum to maximum base salary range for this position in the location listed. Non-sales positions have the opportunity to participate in a bonus program. Sales positions are eligible for sales incentives, and in some instances a bonus plan, whereby total compensation may far exceed base salary depending on individual performance. Actual compensation offered may vary from posted hiring range based upon geographic location, work experience, education, licensure requirements and/or skill level and will be finalized at the time of offer.

Equal opportunity employer •  Drug-free workplace

We are an equal opportunity employer with a commitment to diversity.  All individuals, regardless of personal characteristics, are encouraged to apply.  All qualified applicants will receive consideration for employment without regard to age (40 and over), race, color, national origin, ancestry, sex, sexual orientation, gender, gender identity, gender expression, marital status, pregnancy, religion, physical or mental disability, military or veteran status, genetic information, or any other status protected by applicable state or local law. 

***For remote and hybrid positions you will be required to provide reliable high-speed internet with a wired connection as well as a place in your home to work with limited disruption. You must have reliable connectivity from an internet service provider that is fiber, cable or DSL internet. Other necessary computer equipment, will be provided. You may be required to work in the office if you do not have an adequate home work environment and the required internet connection.***

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