Actuarial Analyst

Your Opportunity

Schwab remains committed to providing increased visibility to career growth opportunities and job requirements. This posting announcement is part of increased transparency and while all qualified applicants will be reviewed and considered, this organization has a preferred candidate identified for this role.

Defined Benefit Services provides actuarial, administration, and participant services to clients whose objective is to provide an integrated retirement plan experience to their employees and a single-provider servicing solution for all their retirement programs. Schwab Retirement Plan Services, Inc. is a wholly-owned subsidiary of The Charles Schwab Corporation. Schwab Retirement Plan Services, Inc. provides recordkeeping, administration, participant education and communication, plan design, consulting, actuarial services, and compliance testing for a total of over 900 defined contribution, defined benefit, and nonqualified retirement plans.

What you’ll do:

Responsible for delivering day-to-day services supporting Schwab’s qualified defined benefit (DB) plan clients. Also responsible for delivering customized solutions for special projects and leveraging technology to meet client needs. The position involves working closely with other team members, training and mentoring junior staff and frequent client interaction.

Specifically, the Analyst will:

• Work with team members to deliver the annual actuarial services and special projects for assigned clients
• Serve as day-to-day contact and trusted consultant for clients
• Process and analyze data and results
• Draft and review customized client communications
• Prepare annual government reporting
• Support the set-up of work for new clients, including programming of software and establishing databases

What you have

• Demonstrated aptitude for solving complex mathematical problems and applying actuarial concepts
• Firm understanding of actuarial skills, processes, and DB subject matter
• Strong organizational skills, attention to detail and accuracy
• Capability to independently manage workflow for self and coordinated team projects
• Ability to think creatively and to continuously improve the delivery of services.
• Desire to train and mentor lower level staff
• Strong oral and written communications skills
• Experience explaining retirement plan information or other complex concepts to customers
• Experience with defined benefit plan actuarial services and software is preferred
• Commitment to achieving industry designations (e.g. Enrolled Actuary)
• Team player willing and able to contribute at all levels of service delivery