Accountant (Pension Actuary) | $100/hr Remote | Mercor
Posted 1 day ago by Crossing Hurdles
Negotiable
Undetermined
Remote
United Kingdom
Summary: The role of Pension Actuary at Mercor involves conducting various pension-related valuations and compliance tasks as a referral partner with Crossing Hurdles. The position is remote, offering flexible hours and a commitment of 10-40 hours per week for approximately six weeks. Candidates will utilize actuarial tools and must have a strong understanding of pension regulations and compliance. Ideal candidates will have experience in defined benefit pension valuations and possess relevant actuarial qualifications.
Key Responsibilities:
- Conduct annual funding valuations under IRC 430 using ProVal or SLOPE.
- Complete ASC 715 accounting valuations aligned with fiscal year-end reporting.
- Execute benefit calculations and prepare participant statements based on plan formulas.
- Perform nondiscrimination testing (401(a)(4), 410(b), ADP/ACP, top-heavy).
- Calculate PBGC flat and variable premiums using prescribed interest rates.
- Prepare Schedule SB and PBGC Form 1 filings for electronic submission.
- Analyze census and asset data for reasonableness and completeness.
- Document assumption basis, data validations, and regulatory compliance steps.
Key Skills:
- Strong experience in defined benefit pension valuations and compliance.
- Proficiency with actuarial tools such as ProVal, SLOPE, or PensionSoft.
- Solid understanding of IRS regulations, ERISA funding rules, and PBGC requirements.
- Familiarity with ASC 715 and 10-K/10-Q footnote disclosures.
- Strong attention to detail and experience working with large census datasets.
- ASA or FSA designation preferred but not required.
Salary (Rate): £100.00/hr
City: undetermined
Country: United Kingdom
Working Arrangements: remote
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
At Crossing Hurdles, we work as a referral partner. We refer candidates to Mercor that collaborates with the world’s leading AI research labs to build and train cutting-edge AI models.
Organization: Mercor
Position: Pension Actuaries
Referral Partner: Crossing Hurdles
Type: Hourly contract
Compensation: $60–$100 per hour
Location: Remote
Commitment: 10-40 hours/week, flexible and asynchronous
Duration: ~6 weeks
Role Responsibilities
- Funding Valuations: Conduct annual funding valuations under IRC 430 using ProVal or SLOPE.
- Accounting Valuations: Complete ASC 715 accounting valuations aligned with fiscal year-end reporting.
- Benefit Calculations: Execute benefit calculations and prepare participant statements based on plan formulas.
- Nondiscrimination Testing: Perform nondiscrimination testing (401(a)(4), 410(b), ADP/ACP, top-heavy).
- PBGC Premium Calculations: Calculate PBGC flat and variable premiums using prescribed interest rates.
- Regulatory Filings: Prepare Schedule SB and PBGC Form 1 filings for electronic submission.
- Data Analysis: Analyze census and asset data for reasonableness and completeness.
- Documentation: Document assumption basis, data validations, and regulatory compliance steps.
Ideal Qualifications
- Strong experience in defined benefit pension valuations and compliance.
- Proficiency with actuarial tools such as ProVal, SLOPE, or PensionSoft.
- Solid understanding of IRS regulations, ERISA funding rules, and PBGC requirements.
- Familiarity with ASC 715 and 10-K/10-Q footnote disclosures.
- Strong attention to detail and experience working with large census datasets.
- ASA or FSA designation preferred but not required.
Application Process (Takes 20 min)
- Upload resume.
- AI interview based on your resume (15 min).
- Submit form.