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About the Role

This position is responsible for working with junior and senior level actuaries in determining the applicable financial implications associated with employee benefit security programs such as pension plans and post-retirement healthcare plans.

Responsibilities

• Review Actuarial Valuations under required governmental regulations and applicable accounting standards for pension and post-retirement healthcare plans
• Monitor and review items related to annual compliance for qualified pension plans
• Review of pension plan benefits certifications
• Use of standard spreadsheet tools and development of non-standard spreadsheets for special projects
• Review annual update of valuation system software and programming for new plans
• Review and/or draft routine correspondence for review by senior level actuaries
• Respond to client inquiries and attend some meetings with senior level actuaries
• Assist with the development of project work plans, timelines, and budgets to ensure client satisfaction
• Assist team in special consulting projects as needed
• Provide assistance wherever necessary to help the department and the Company in achieving their goals
• Maintain proficient knowledge of, and demonstrate ongoing compliance with all laws and regulations applicable to this position, ensure ongoing adherence to policies, procedures, and internal controls, and meet all training requirements in a timely manner

Requirements

• BA/BS degree in Mathematics, Statistics, Actuarial Science, or Economics
• ASA/FSA/EA designation or significant progress towards credentials
• All applicants must be 18 years of age or older
• Minimum three to five years related work experience
• Well-developed written and oral communication skills
• Ability to be highly organized and show an attention to detail
• Ability to prioritize work assignments and multitask
• Analyze problems and issues and implement solutions or present possible solutions to supervisor
• Display a high level competency with Microsoft Word and Excel, as well as personal computer skills and other industry specific software
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee may be required to stand, walk or sit. Use hands and fingers, handle or feel, reach with hands or arms, and speak and hear. The employee may occasionally be required to lift and or move up to 25 pounds. Specific vision abilities required by this job include close vision, and the ability to focus.

Skills

• Microsoft Word
• Microsoft Excel
• Personal computer skills
• Industry specific software

Experience Level

• Minimum three to five years related work experience

Education Level

• BA/BS degree in Mathematics, Statistics, Actuarial Science, or Economics
• ASA/FSA/EA designation or significant progress towards credentials

Salary/Compensations

• USD $80,000.00/Yr.
• USD $139,633.00/Yr.

Benefits

• 11 paid holidays
• paid vacation
• Medical, Vision & Dental insurance
• 401K with generous match
• Pension
• Tuition Reimbursement
• Banking discounts

About the Company

• At Community Financial System, Inc. (CFSI), we are dedicated to providing our customers with friendly, personalized, high-quality financial services and products.
• Our retail division, Community Bank, N.A., operates more than 200 customer facilities across Upstate New York, Northeastern Pennsylvania, Vermont and Western Massachusetts.
• Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration.
• To ensure our people can enjoy long and successful careers here at CFSI, we offer competitive compensation, great benefits, and professional development and advancement opportunities.

Equal Opportunity

• As an equal-opportunity workplace and affirmative-action employer, we celebrate and support a diverse workplace for the benefit of all: our employees, customers and communities.
• The Company is an Affirmative Action, Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex (including pregnancy, sexual orientation and gender identity), national origin, citizenship status, age, disability, genetic information, veteran status, or any other characteristic protected by applicable federal, state or local law.
• The Company will make reasonable accommodations for qualified individuals with a disability. If you have a physical or mental impairment and would like to request an accommodation with respect to the application process, please contact the Human Resources Department.