The Defined Benefit Consultant will conduct pension plan benefit calculations, draft data requests, prepare valuation data, carry out actuarial analysis, and assist in training junior team members. Responsibilities also include preparing valuation reports and participating in special actuarial projects.
Roles & Responsibility:
- Conduct benefit calculations for pension plans.
- Performs special actuarial projects as assigned.
- Draft data requests, perform data analysis and assess inconsistencies
- Prepare valuation data using Excel or Software application
- Perform detailed actuarial gain/loss analysis and analyze changes in the liability
- Determine valuation assumptions, apply/update on valuation system
- Prepare valuation reports, Forms for regulatory reporting
- Assist with other special ad hoc projects
- Assist junior team members in their work and help grooming them
- Review work completed by junior colleagues
- Involve in work transition, help develop training materials and deliver training to team members
Education and skill Requirement:
- Bachelor’s degree in Actuarial Science/Statistics/Mathematics with 60%+ marks
- Actuarial exam progress will be an advantage
- Would be able to manage a team and train the Juniors
- Excellent communication and problem-solving skills
- Excellent cognitive ability, analytical skills, organization, and recall
- Ability to work in a fast-paced environment
- Ability to adapt to changes in the work environment
- Flexibility in work culture (Example – She/he should be flexible in Day/Night shift based on business requirement)
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Top Skills
Excel
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