About PARC Street Group

At PARC Street Group, we help credit unions build and retain exceptional leadership through integrated services in Supplemental Executive Retirement Plan (SERP) design and implementation, compensation consulting, executive recruiting, and leadership development. Our firm delivers proven results through absolute transparency, technical expertise, and an unwavering commitment to client success.

With more than 200 years of combined industry experience, our team is united by our core values:

· Relationship-Minded: We build mutual trust and respect with clients and teammates.

· Absolute Transparency: We tell the truth even when it’s uncomfortable and do the right thing even if it costs us money.

· Confidence Without Surprises: We deliver solutions that do what we say they will. No fine print, no hidden risks, just results you can count on.

· Radical Responsiveness & Accountability: When clients have problems, we have problems. Every team member acts swiftly and takes personal responsibility for client success.

· Strategic Growth: We hire exceptionally talented people with deep industry experience and constantly seek opportunities to expand credit union success.

These values drive the way we serve clients and the way we collaborate and support one another inside our firm.

The Opportunity

This is a highly analytical, behind-the-scenes role designed for someone who enjoys working with numbers, solving problems, and producing accurate, data-driven work. The Associate will support new and existing plans throughout their lifecycle, including plan design, quarterly reporting, annual review preparation, and ongoing data management. As the individual develops technical expertise, they will take on greater responsibility for illustrations, financial modeling, and more complex plan analyses.

Success in this role requires strong Excel skills, exceptional attention to detail, and a willingness to learn the technical aspects of life insurance products and executive benefit plan structures. This is an excellent opportunity for an analytical professional looking to develop specialized expertise in financial services while contributing to the accuracy and quality of PARC's executive benefit solutions.

Responsibilities:

Plan Design & Technical Modeling

· Assist with building and maintaining plan designs for SERPs and related executive benefit programs.

· Support the preparation of life insurance and annuity illustrations, including product comparisons and long-term performance projections.

· Assist with SERP analyses, benefit projections, funding strategies, and plan performance evaluations.

· Prepare Benefit Analyses (BAs), illustrations, and supporting documentation for review by the Case Design Specialist and Executive Benefits Consultants.

· Gain exposure to more complex plan structures, including collateral assignment and split-dollar arrangements, while developing technical modeling skills.

· Support additional financial analyses and projects as needed.

· Support internal requests for plan data, illustrations, and other technical information, escalating more complex questions to the Case Design Specialist or senior team members.

Reporting & Plan Maintenance

· Assist with preparing quarterly reporting packages, including updated policy values, performance summaries, premium information, and policy details.

· Create and update annual review presentations and supporting materials for consultant meetings.

· Compile plan documentation and historical data to support audit requests and regulatory inquiries.

· Develop a working understanding of plan structures and reporting requirements to support increasingly independent execution.

Data Management & Analysis

· Maintain and update census data annually, including preparing redacted information for the Compensation Consulting team as needed.

· Maintain spreadsheets tracking total plans, plan changes, and annual updates.

· Assist with accounting analyses, concentration analyses, policy summaries, and carrier data assessments.

· Review and validate data to identify discrepancies and ensure accuracy across financial analyses and reporting.

Professional Experience

· 3-5 years of experience in in financial analysis, accounting, life insurance support, financial services, or a related analytical role.

· Strong proficiency in Microsoft Excel, including formulas, lookups, PivotTables, and working with financial data.

· A strong academic or professional background in mathematics or a related analytical field is preferred.

Preferred Qualifications

· Highly organized with strong attention to detail and the ability to manage multiple priorities simultaneously.

· Enjoys working with numbers, spreadsheets, and complex financial data.

· Organized and methodical, with the ability to manage multiple assignments and deadlines simultaneously.

· Strong problem-solving skills and a willingness to investigate discrepancies and understand how calculations work.

· Willingness to learn complex financial concepts and develop technical expertise over time.

· High level of integrity and discretion when handling sensitive client information.

· Team-oriented with a "no task too small" mindset.

Compensation & Benefits

· $66,500 - $76,000 annual salary, dependent on experience

· Discretionary annual bonus

· Generous retirement benefits, including safe harbor contributions to 401(k), contributions to profit sharing plan, and contributions to cash balance plan

· Medical, Dental, Vision

· Life Insurance, and more