Job Title: PRT Benefit Calculations Lead / Actuarial Systems SME (ProAdmin & IntelliPen)
Location: Frederick , MD Onsite
Duration: Long Term
Job Summary:
We are seeking a highly experienced PRT Benefit Calculations Lead / Actuarial Systems SME to support Pension Risk Transfer (PRT) annuity business. This role is responsible for designing, coding, testing, and maintaining complex pension benefit calculations across new and legacy Group Annuity Contracts (GACs).
The role partners closely with Pricing, Legal, Administration, Technology vendors (e.g., Procentia), and Audit teams to ensure accurate, compliant, and audit-ready benefit calculations within ProAdmin and IntelliPen platforms.
This position is ideal for an actuarial or senior calculation professional who acts as a technical authority and SME across PRT administration.
Key Responsibilities:
New GAC Implementation
Design and code new GAC benefit calculations in ProAdmin
Identify and document all data elements required for benefit calculations
Prepare and validate sample calculation requests
Perform sample calculation matching, resolve discrepancies, and lead client Q&A
Review legal plan documents and incorporate learnings into calculation logic
Systems Testing & Certification
Act as ProAdmin Calculation Certification technical expert
Support and review Procentia-developed coding, including independent testing
Design and execute IntelliPen benefit calculation testing
GAC-specific features
Errors, warnings, and validation checks
IntelliPen ProAdmin data linkage
Support GAC 10125+ testing and documentation
Plan Specifications & Documentation
Draft Plan Specifications for new GACs
Maintain and update legacy GAC plan specifications
Design and contribute to BAU calculation administration documentation
issues
Data Migration & Deferred Benefits
Support data migration for deferred benefit populations
Collaborate with Pricing to develop migration data files
Support vendors in interpreting benefit data
Create and review migration milestone date files
Sequence deferred calculation priorities by complexity
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