Welcome to Columbia Actuary. The company has been providing actuarial consulting since 1982 as Jess Feinman, F.S.A, Consulting Actuary, and as Columbia Actuary, LLC.
Prior to the formation of Columbia Actuary, Jess was a self-employed consulting actuary, providing actuarial services in the retirement plans field. His clients included small corporations, self-employed individuals, and pension administration firms with plans ranging in size from one to more than six thousand participants. As a consultant to the United States General Accounting Office, he has reviewed the allocation of costs under one of the federal survivors' annuities systems. As a part-time employee of B.L. Seamon & Associates, under a contract with the Division of Cost Allocation & Liaison, to provide support for the Office of Audit Services, Office of Inspector General, United States Department of Health and Human Services, he has reviewed the reasonableness of the actuarial methods and assumptions used in the actuarial valuations of several state and local government pension plans, in one case independently reproducing the valuation. Jess has testified as an expert witness before the courts of many area jurisdictions. He is a Fellow of the Society of Actuaries, a Member of the American Academy of Actuaries, and a former Enrolled Actuary.
Jess taught actuarial science for the Actuaries Club of New York to actuarial trainees preparing for Society of Actuaries examinations, and for Actuarial Study Materials to actuarial trainees preparing for Joint Board for the Enrollment of Actuaries examinations. He has addressed the Enrolled Actuaries Meeting and the Internal Revenue Service Southeast Key District Office Employee Benefits Conference on the subject of maximum benefits and contributions under the Internal Revenue Code. He has addressed negotiators for the Division of Cost Allocation & Liaison, United States Department of Health and Human Services on the subject of funding of government pension plans, and has made presentations before the Middle Atlantic Actuarial Club and several
Prior to establishing his own consulting firm, Jess was Vice President and Actuary for Herget and Company, Inc., a Baltimore-based employee benefits consulting firm. He directed the operations of the Retirement Plans Department, which provided the actuarial and administrative services to all of the pension and profit-sharing clients in the
Before joining Herget and Company, Jess was an Actuary with Kwasha Lipton, where he was responsible for the actuarial valuation of more than forty defined benefit pension plans. His responsibilities included the determination of annual pension costs and the preparation of annual valuation reports, the preparation of cost estimates for plan amendments including proposals in connection with union negotiations, and preparing pension cost and cash flow projections. He was previously Assistant Director of Group Pensions for the Mutual Life Insurance Company Of New York, where his responsibilities included the determination of annual statement reserves for group annuities, the determination of interest rate guarantees and credits, and the design, testing and implementation of new types of pension contracts.
Jess received a Bachelor of Science degree in Physics from the University of Rochester, and a Master of Arts degree and a Master of Philosophy degree in Physics from Columbia University.
8820 Shining Oceans Way
Columbia, Maryland 21045-5964