Actuarial Assistant Job in Westwood 02090, Massachusetts US
Description: Summary of Responsibilities: Assist Actuarial Analysts with day-to-day client issues, and support of the Actuarial/ Consulting Services DepartmentSpecific Duties and Responsibilities: oDraft 5500 and attachmentsoDraft PBGC Form I and Schedule AoPrepare benefit calculationsoPrepare annual actuarial valuations: a.
reconcile DB datab.
reconcile asset reportsc.
prepare initial valuation rund.
check sample livese.
prepare initial funding reportoPrepare annual FAS87 expense and disclosure reportsoRoutine telephone contact for assigned clientsQualifications: oBachelors degreeoStrong detail orientationoAbility to learn quickly on the joboAbility to juggle multiple projects and deadlines working in a team environmentoIn progress of or interest in taking actuarial examsSalary/Benefits: Salary commensurate with experienceOur benefits program provides a full range of choices - a choice of Medical coverage, Dental coverage, Employee Life Insurance, Dependent Life Insurance, Long Term Disability, Accidental Death & Dismemberment Insurance, Spending Accounts for Healthcare and Dependant Care, and a Legal Service Plan.
The Company also provides retirement benefits that are flexible to meet the needs of employees, including a 401(k) with a company match.
The Company also provides a Profit-Sharing component (Variable Company Contribution) which provides for the annual Company Contribution of between 0% and 5% of your earned base salary and eligible annual incentives (up to certain IRS limitations).
The Variable Company Contribution is determined each year based on the Company's performance against its annual net operating income target.Job Location: Westwood, MAJob Number: 4348BRCompany URL: http://www.nylim.com/retirement Company Profile: New York Life Retirement Plan Services is a division of New York Life Investment Management LLC (NYLIM), an integrated asset management enterprise with over $249 billion under management, including affiliates, as of December 31, 2007.
NYLIM is an indirect wholly owned subsidiary of New York Life Insurance Company.We provide a comprehensive array of full-service retirement programs to defined benefit and defined contribution plan sponsors.
Investment options include MainStay Funds, group separate accounts, commingled funds, self-directed brokerage accounts, and non-proprietary mutual funds.
Our focus on continual technological innovation has enabled us to be recognized as a premier provider of retirement plan services.New York Life is an Equal Opportunity employer committed to Diversity in the workforce, M/F/D/V
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