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Working closely with GM Technical and Employee Benefit Accounting managers to address complex accounting and actuarial issues by providing technical accounting advice and strategic guidance for complex actuarial issues relating to employee benefit plans.  Activities may involve working closely with other groups such as Employee Benefits, Employment Cost Analysis, Legal and Asset Management to obtain required input to support accounting activities for GM's U.S. and global employee benefit plans.  Work involves a high level of independent judgment, decision-making, accuracy, creativity, and initiative.
 
Daily / Monthly job duties will include:

• Assist in setting actuarial assumptions in conjunction with external actuaries


• Analyze actuarial reports to assess reasonableness of results for expense / disclosure


• Assess whether significant accounting events occur as a result of management decisions or workforce events


• Assist GM Employment Cost Analysis group with issues regarding U.S funding rules


• Review annual and interim remeasurement calculations for reasonableness


• Understand current benefit structures / plans and any amendments for current plans


• Interface between external actuaries and GM employee benefit accounting managers


• Identify, interpret, and analyze potential accounting risks and issues


• Develop support for journal entries for special events to document GM's accounting treatment of the events relating to the entries


• Prepare analyses to model the accounting impact of potential workforce events or plan changes


• Develop understanding of and ability to apply U.S. GAAP accounting and financial reporting standards and government rules and regulations  


• Analyze quantitative data or complex problems of various types


• Identify / correct inconsistent data, solve problems and develop new methods of analysis


• Develop and present data to other members of the organization


• Maintain frequent contact with others outside the work group

• Degree in Actuarial Science, Mathematics, Statistics or equivalent


• Completion of some actuarial exams (4-6 years of actuarial experience)


• Technical accounting knowledge and experience with employee benefits, including  pension, OPEB and FAS 112 accounting and valuation techniques & terminology


• Experience in working with union employee benefit plans


• Strong interpersonal skills and strong oral and written skills


• Demonstrated commitment to functional and cross-functional partnerships


• Ability to understand and comply with internal control procedures


• Ability to prioritize assignments/projects and multi-task within restricted time constraints


• Proficient computer skills in Microsoft Office and Lotus Notes


• Demonstrated problem solving and analytical abilities where problems are complex 


• High levels of initiative, creativity, independent judgment, and decision making

• Embrace and manage change


• Previous multinational actuarial experience


• Thorough knowledge of US GAAP and other regulatory standards, especially FAS 87, 88, 158, 106, 112, etc.


• Experience with U.S. funding rules