Senior Associate, Actuary

Fidelity

Chicago, Illinois

JOB DETAILS
SKILLS
Actuarial Skills, Budget Management, Budgeting, Communication Skills, Compensation and Benefits, Consulting, Develop and Maintain Customers, ERISA (Employee Retirement Income Security Act of 1974), Establish Priorities, Financial Accounting Standards Board (FASB), Fortune 1000 Customers, Government, Investment Services, Mathematics, Mergers and Acquisitions, Microsoft Exchange Server, Multitasking, Presentation/Verbal Skills, Profit & Loss Management, Project/Program Coordination, Project/Program Management, Regulations, Regulatory Requirements, Reporting Skills, Retirement Plan, Sales Presentation, Securities, Securities Investments, Staff Development, State Laws and Regulations, Team Lead/Manager, Testing, Writing Skills
LOCATION
Chicago, Illinois
POSTED
9 days ago

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position.

The Role

We are searching for an experienced future actuary interested in building a career in a team centric fast paced consulting environment!

  • Performing Pension valuations including (ERISA, FASB ASC 715, FASB ASC 960), cost and benefit design studies, non-discrimination testing, benefit statements and compliance

  • Training and assisting Analysts to ensure the continued development of staff

  • Help with coordinating and managing projects and budgets

  • Preparing reports for client presentations and completing/reviewing required compliance tasks (government forms and non-discrimination testing)

  • Other projects including mergers/acquisitions/divestitures, plan terminations, cost and benefit design studies

  • Collaborating with internal business partners across diverse subject areas to develop and implement effective solutions on behalf of our clients.

The Expertise and Skills You Bring

  • Bachelor's degree with a major in Mathematics, Actuarial Science, or another quantitatively rigorous subject preferred

  • 2-4 years of experience in a pension and benefit consulting firm or related industry required

  • Preferably at least 3-5 actuarial exams completed

  • Knowledge of benefit program design, legislative, account and regulatory requirements (IRS/DOL/FAS/PBGC/ERISA/409A/PPA)

  • You have strong critical thinking and problem-solving skills

  • You are a leader with self-motivation and determination to succeed

  • You have excellent oral and written communication skills

  • You have a strong ability to balance and prioritize multiple projects in a fast-paced work environment

  • You have an ability work within budgeted timeframes to maintain client profitability without sacrificing quality

The Team

The Fidelity Workplace Consulting Group is made up of over 600 professionals who advise clients on the management of their domestic and global benefits. We are a fast-growing business within Fidelity, offering a broad range of services that span benefits design, strategy, funding, communication, and delivery. Many of our team leaders bring experience from other leading consulting firms. While we primarily serve Fortune 1000 companies, we also work with Fidelity clients of all sizes ranging from Fortune 50 to tax-exempt market to Fortune 2000. For more information about Fidelity Workplace Consulting please visit this link: https://www.fidelityworkplace.com/s/workplaceconsulting.

The base salary range for this position is $80,000-$153,000 per year.  

Placement in the range will vary based on job responsibilities and scope, geographic location, candidate’s relevant experience, and other factors.

Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.   

We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home.  These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career.  Note, the application window closes when the position is filled or unposted.

Please be advised that Fidelity’s business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

Certifications:

Category:

Consulting

About the Company

F

Fidelity

We help over ~40 million people feel more confident in their most important financial goals, manage employee benefit programs for nearly 23,000 businesses, and support more than 3,600 advisory firms* with innovative investment and technology solutions to grow their businesses. Our diverse businesses and independence give us insight into the entire market and the stability needed to think and act for the long term as we deliver value to you.
COMPANY SIZE
10,000 employees or more
INDUSTRY
Banking
FOUNDED
1946
WEBSITE
https://jobs.fidelity.com/