Company Overview:
RAE Consulting is a dynamic, fast-growing consulting firm specializing in actuarial services for multiemployer defined benefit pension and health plans. We provide expert retirement and health benefits consulting to a diverse group of clients, with a strong focus on quality, timeliness, and personalized service.
Job Overview:
We are seeking a highly experienced and detail-oriented Senior Pension Consultant to join our team. This individual will be responsible for managing client projects, ensuring timely and high-quality deliverables, and supporting both business development and internal process improvements. The ideal candidate will bring deep technical expertise, exceptional organizational skills, and a proactive approach to consulting in a collaborative, fast-paced environment. This role also includes attending client meetings and playing an active part in building and maintaining strong client relationships.
Key Responsibilities:
- Manage project workflows to ensure timely and efficient delivery of services.
- Coordinate internal timelines and follow-ups to meet or exceed client deadlines.
- Conduct thorough technical reviews to ensure accuracy and compliance of deliverables.
- Uphold the firm's standards of quality across all client communications and reports.
- Perform research and offer subject matter expertise on complex pension and retirement plan topics.
- Prepare and present proposals for new business opportunities.
- Collaborate with the owner to evaluate and refine internal procedures for greater efficiency and effectiveness.
Technical Responsibilities:
- Prepare and review actuarial valuations for multiemployer pension plans.
- Prepare and review government filings, including annual reports and required disclosures.
- Prepare pension benefit statements in accordance with plan provisions and regulatory requirements.
- Review complex benefit calculations, including QDROs, required minimum distributions (RMDs), and late retirement scenarios.
- Perform financial forecasting of a plan's funded position, including zone status projections under the Pension Protection Act.
- Conduct actuarial modeling of plan design changes and assess their financial and compliance implications.
- Prepare and review plan amendments, summary plan descriptions (SPDs), and plan document restatements.
Qualifications:
- Strong knowledge of multiemployer pension plans.
- Minimum of 7 years of experience in a multiemployer benefits consulting environment.
- Actuarial credentials required (ASA, FSA, or EA).
- Demonstrated experience coordinating with other professionals, including attorneys, administrators, and trustees.
- Excellent project and operations management skills with a proven ability to manage timelines and deliverables.
- Highly customer-service oriented, with strong communication and interpersonal skills.
- Self-motivated and proactive, with the ability to work independently and take initiative.
- Experience with ProVal is a plus.
Why Work at RAE Consulting?
You'll have the opportunity to work closely with clients, offering direct insights and influence on their pension and health benefit strategies.
We provide consulting on all aspects of pension and health plan management, including compliance, financial analysis, and actuarial services. Our team has a broad and deep understanding of these topics, allowing you to expand your expertise.
We value flexibility and take a mindful approach to supporting a healthy work/life balance, ensuring our team members can thrive both professionally and personally.
We genuinely care about our colleagues' well-being. We believe that a positive, supportive environment fosters productivity and enhances the quality of our work.
We are committed to fostering an inclusive and supportive work environment where your individual circumstances and contributions are respected. We believe this approach fosters a positive and supportive workplace culture, which leads to higher employee morale and engagement.
We are undergoing an exciting transition that includes advancements in technology and process improvements. As a new team member, you'll play a crucial role in shaping and executing this transition.
Pay & Rewards:
- Base Salary: $120,000+ (depending on experience)
- Bonus: Discretionary, based on individual and company performance
- 401k Plan: 401(k) Plan with matching employer contributions
- Health Insurance: Stipend toward health insurance costs if not already covered by a spouse's or parent's plan
- Hybrid Work Schedule: Opportunity to work from home two days per week. Please note, we are not considering 100% remote candidates.
- Paid Time Off: Generous paid time off, including vacation days, personal days, and holidays
- Actuarial Exam Support: Access to a comprehensive exam program to support your career development