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Strongpoint Partners

Retirement plan administration and payroll services

Actuary/Cash Balance Specialist

Actuarial & Risk ModellingConfirmed live in the last 24 hours
Full-timeRemote in USA

About the Job

Requirements

  • Three to five or more years of small-plan defined benefit experience.
  • Knowledge of defined benefit and cash balance actuarial valuation reports and Pension Benefit Guaranty Corporation filing requirements.
  • Knowledge of advanced cross-testing concepts and ability to perform testing to determine cost-effective solutions that meet nondiscrimination requirements.

Responsibilities

  • Understand and interpret elements of defined benefit and cash balance plan actuarial valuation, and communicate issues to in-house actuaries and clients.
  • Prepare and facilitate Pension Benefit Guaranty Corporation filings for covered defined benefit plans.
  • Maintain industry knowledge and share information with clients and team members.
  • Keep up to date with changing 401(k) and defined benefit plan legislative requirements.
  • Discuss plan design changes and options with clients.
  • Prepare 401(k) valuations, trust accounting, and government reporting on an accrual basis.
  • Perform benefit calculations, valuations, AFTAP, and Schedule SBs.

Desired Qualifications

  • Enrolled Actuary designation to sign documents.

About the Company

Strongpoint Partners

Retirement plan administration and payroll services

Strongpoint Partners provides retirement plan administration and payroll services to small and medium-sized businesses. It supports clients by handling employee benefits and payroll processes through a combination of industry expertise and technology, generating revenue from service fees for retirement and payroll management. The company grows its offerings by forming strategic nationwide partnerships, extending its service network to enhance client capabilities. Its product works by delivering tailored administration and payroll services via a robust infrastructure and partner ecosystem, helping businesses manage benefits and payroll efficiently. What sets Strongpoint Partners apart is its founder-friendly term sheets and a proven track record, along with a scalable network and resources designed to meet evolving client needs. The goal is to secure employees’ financial futures from hire through retirement while helping clients grow through reliable, comprehensive financial services.

Company size
501-1,000
Company stage
Not listed
Total funding
Not listed
Headquarters
Chicago, IL
Founded
2021

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