DB Enrolled Actuary Prime Pensions, Inc. is a well-established retirement plan administration and actuarial firm specializing in 401(k), profit sharing, defined benefit, cash balance, and other qualified retirement plans for employers across the United States. Since 1975, Prime Pensions has provided customized retirement plan solutions with an emphasis on technical expertise, accuracy, and personalized service. Our team supports a wide variety of plan designs and investment arrangements while maintaining comprehensive oversight and quality standards throughout the administration process. Prime Pensions has been recognized as a leading defined contribution plan administrator and as one of NJBIZ's Best Places to Work in New Jersey. This position is part of Associated Pension Consultants (APC), a Prime Pensions company known for its collaborative, client-focused approach and long-standing relationships with plan sponsors and financial advisors. The DB Enrolled Actuary performs and reviews actuarial valuations, compliance testing, plan design, and regulatory filings for defined benefit and cash balance plans. This role partners with consultants to deliver accurate, timely, and high-quality service to small-plan clients.

Responsibilities

• Complete, review, and certify annual funding valuations for defined benefit, cash balance, and DB/DC combination plans.
• Perform and review required compliance testing, including IRC Sections 401(a)(26), 401(a)(4), 410(b), top-heavy, and 404 deductibility testing.
• Review plan documents and amendments for accuracy and regulatory compliance.
• Apply IRC Section 415 limits and other applicable pension regulations.
• Use valuation software and Microsoft applications to complete actuarial analyses and deliverables.
• Communicate actuarial findings clearly to consultants and other stakeholders.
• Maintain current knowledge of pension laws, regulations, and professional requirements.

Qualifications

• Bachelor's degree in actuarial science, math, or math-related field.
• Minimum 5 years experience in the pension industry.
• Enrolled Actuary designation (may consider an individual currently studying for their final exam).
• Demonstrated expertise with Microsoft and valuation applications, FT William preferred.
• Strong working knowledge of pension plan testing regulations including the ability to review or perform, as needed, annual 401(a)(26), 401(a)(4), 410(b), top heavy, & 404 deductibility testing.
• Skill in reviewing plan documents & amendments.
• Ability to integrate all of the above to effectively support our consultants to provide high-quality service & meet our clients' needs.
• Support to meet continuing education requirements & maintain Enrolled Actuary designation.

Benefits

• ~ Annual performance reviews and eligibility for compensation increases.
• ~ Bonus opportunities, where applicable.
• ~ Company-sponsored benefits available to eligible full-time employees, including:
• ~ Medical, dental, and vision insurance.
• ~ Health Savings Account (HSA), subject to eligibility.
• ~ Life insurance.
• ~401(k) retirement plan with employer contributions.
• ~ All benefits are subject to applicable plan terms, eligibility requirements, and Company policies.

Location This position may be performed remotely or from the Company's Chico or Sacramento, California office, based on business needs and the employee's approved work arrangement. Prime Pensions, Inc. is an Equal Opportunity Employer. Apply To This Job