Newport, an Ascensus company, helps employers offer their associates a more secure financial future through retirement plans, insurance and consulting services. Newport offers comprehensive plan solutions and consulting expertise to plan sponsors and the advisors who serve them. As a provider and partner, Newport is independent, experienced, and responsive.

Job Summary:  Works in teams with other actuaries to deliver actuarial and financial modeling services to our clients.

Essential Functions Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• Drafts 5500’s for retirement plans and trust accounting
• Reviews and interprets retirement plan documents
• Analyzes client data and supports design of terms and structures of transactions
• Conducts benefit calculations for pension plans
• Manages and performs pension actuarial calculations
• Works closely with asset custodians to ensure that distributions occur
• Trains Actuarial Analysts
• Performs special actuarial projects as assigned
• Works under pressure, multi-tasks, prioritizes and works effectively in a fast-paced, demanding team environment
• Effectively collaborates with colleagues, seeks/openly conveys/shares information, initiates action, and adapts to change
• Focuses on learning in everyday activities and events
• Regular, reliable, and punctual attendance

Required Education, Experience and Certificates, Licenses, Registrations

• Bachelor’s degree required in relevant discipline
• 3+ years of relevant work experience
• Strong mathematical solving skills
• Working knowledge of ProVal software or comparable
• Working knowledge of ASC, Datair or Relius software

Preferred (but not required) education or skills for this role are

• Industry designations / licenses

Competencies

• Avid Learner
• Analytical
• Detail Oriented
• Verbal and Written Communication Skills
• Flexibility
• Problem Solver
• Hard-Working
• Integrity
• Personable
• Personal Credibility
• Team Player
• Organizational and planning
• Adaptable
• Lifelong learner
• Collaboration

TRAVEL:  Up to 5%

OTHER DUTIES

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.

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