Lead Actuary, Multi Employer Pension Practice - Philadelphia - Selby Jennings

    Selby Jennings
    Selby Jennings Philadelphia

    1 day ago

    Description

    Our client is a specialized, fast‑growing actuarial consulting firm recognized for delivering highly personalized, technically rigorous solutions across the pension and benefits landscape. They are currently looking to add a Lead Actuary to lead their Multi‑Employer Pension Practice. In this role, you will oversee all actuarial strategy, client delivery, staff development, and operational excellence for the MEP division. This role is ideal for a seasoned actuary who thrives in a high‑impact, client‑facing leadership position and is eager to shape the long‑term direction of a growing consulting practice.

    Key Responsibilities:

    Technical Leadership & Oversight

    • Serve as the firm's senior subject‑matter expert for multi‑employer defined benefit plans.
    • Lead all annual actuarial valuations, projections, and funding studies.
    • Oversee experience studies, assumption-setting, withdrawal liability calculations, zone status certifications, and regulatory filings.
    • Perform high‑level technical reviews to ensure accuracy, consistency, and compliance with ERISA, PBGC, IRS regulations, and industry standards.

    Client Engagement & Consulting

    • Act as the day‑to‑day strategic advisor for trustees, labor unions, and employer groups.
    • Present complex actuarial concepts in clear, actionable terms to a non‑technical audience.
    • Support clients in plan design changes, funding strategy development, and long‑term financial risk assessment.
    • Provide guidance during collective bargaining negotiations and board meetings.

    Practice Management & Team Leadership

    • Manage, mentor, and develop a team of actuarial staff; establish best‑practice review processes and training frameworks.
    • Streamline workflows, enhance documentation, and evaluate tools or software to increase efficiency and quality.
    • Shape division strategy, operational priorities, and long‑term growth initiatives in partnership with executive leadership.

    Innovation & Process Improvement

    • Build or refine actuarial models, valuation processes, and reporting capabilities.
    • Identify opportunities to modernize systems and elevate the firm's consulting methodology.
    • Champion continuous improvement, quality control, and knowledge-sharing across the team.

    Qualifications

    • FSA (Fellow of the Society of Actuaries) designation
    • Enrolled Actuary (EA) designation
    • 10+ years of pension actuarial experience, including substantial work with multi‑employer plans.
    • Deep technical expertise in funding valuations, withdrawal liability, compliance requirements, experience studies, and assumption‑setting.
    • Strong communication skills with demonstrated experience advising senior stakeholders and presenting to trustee boards.
    • Leadership experience managing teams and overseeing complex deliverables.

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