About the role
FuturePlan is the nation’s largest third-party administrator (TPA) of retirement plans, partnering with advisors in all 50 states. FuturePlan delivers the best of both worlds: high-touch personalized service from local TPAs backed by the strength and security of a large national firm, Ascensus. Our roots go back decades, with nearly 30 outstanding legacy firms now joined together to deliver unmatched levels of service, innovation and expertise to a fast-growing client base from coast to coast. The FuturePlan team includes more than 500 credentialed plan professionals, 60 actuaries, and one of the industry’s largest in-house ERISA teams. Learn more at FuturePlan.com.
At FuturePlan by Ascensus, we consult on Defined Benefit and Healthcare plans. Both require a great deal of effort and knowledge to administer. Each plan is unique and can have thousands of participants, each with individual data and needs.
Ascensus is dedicated to maximizing the potential of our greatest asset - our employees. Our summer internship program is designed to allow you to experience your prospective career path. You will be involved in the same projects as our actuaries. You will learn actuarial techniques, how to best communicate your work to others, how to research various issues related to the industry, and other skills needed to begin a successful actuarial career.
***This internship is for the summer of 2026. Applications will not be reviewed until the October - November time frame***
Responsibilities:
- Develop a strong understanding of benefit plan operations across a variety of clients and designs
- Apply analytical skills to prepare and review individual benefit calculations
- Organize and analyze participant data, checking for inconsistencies and identifying next steps
- Learn to interpret plan documents – a legal document which governs the administration of the plan
- Assist with special projects, such as plan terminations, lump sum windows, and software conversions
- Analyze and improve internal processes and procedures to increase accuracy, consistency, and efficiency
- Consult with clients regarding benefit administration, including regulations, plan documents, data, and calculations
Ascensus’s paid Internship Program includes SOA exam fees and materials.
Requirements:
- Pursuing a Bachelor's degree in Mathematics, Statistics, Economics or Actuarial Science
- Proficiency in Microsoft Office Excel
- Strong mathematics skills, analytical and problem solving skills.
- Ability to think strategically by innovating, initiating and understanding how one’s work connects to others. Ability to plan and prioritize work towards the achievement of personal and corporate objectives.
- Proven ability to collaborate and build relationships.
- Society of Actuaries (SOA) examinations success preferred, but not required
Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting, we strongly encourage you to apply directly through our website.
Aplyr's read
Ascensus empowers individuals to secure their financial future through innovative savings solutions, attracting professionals dedicated to personalized service and technological advancement.
What's promising
- •Ascensus is a leader in retirement and college savings, providing stability in the financial services sector.
- •The company invests in innovative technology, enhancing its service offerings and operational efficiency.
- •Employees benefit from a culture focused on personalized service, fostering strong client relationships.
What to watch
- •The financial services sector is highly competitive, posing challenges for market differentiation.
- •Regulatory changes in retirement savings can impact business operations and strategy.
- •Limited public information about Ascensus's diversity and inclusion initiatives.
Why Ascensus
- •Ascensus specializes in both retirement and college savings, offering a dual focus uncommon in the industry.
- •The company emphasizes personalized service, setting it apart in a tech-driven financial landscape.
- •Ascensus's commitment to innovative technology supports its leadership in savings solutions.
Aplyr’s read is generated by AI from public sources. Was it useful?
About Ascensus
Ascensus is a leading provider of retirement and college savings solutions, dedicated to helping individuals save for their future through innovative technology and personalized service.
