Truist Financial - Greensboro, NC
posted 6 months ago
The Actuarial Analyst position at Truist Bank focuses on retirement and pension plans, specifically defined benefit and cash balance retirement plans. The role involves a variety of tasks including requesting and reconciling participant census and trust assets, reviewing plan documents, and ensuring compliance with pension regulations. The analyst will process pension benefit calculations and support participant communications through a call center. This position requires strong analytical skills and attention to detail, as well as the ability to communicate effectively with clients and team members. Key responsibilities include coordinating participant census and asset requests for defined benefit plan valuation projects, balancing assets, analyzing trust statements, and reconciling payroll information. The analyst will also complete pension benefit calculations, generate Form 5500 information, and support special retirement consulting projects. Additionally, the role involves peer reviewing client deliverables for accuracy and reasonableness before submission. The ideal candidate will possess a Bachelor's degree in Actuarial Science, Mathematics, Finance, Computer Science, Statistics, or a related analytical field. Strong communication and organizational skills are essential, along with the ability to read and interpret legal documents related to pension law. The position requires proficiency in basic computer applications, particularly Microsoft Office products, and the ability to work both independently and as part of a team.