IND Manager Retirement

3 weeks ago

Bengaluru, Karnataka, India Aon Corporation Full time
Job Title- Manager - Retirement Actuarial

ARL- 6.1

Solution Line- UK Retirement

Position type- Full Time

Work Location- Noida

Working style- Hybrid

Cab Facility- Yes

Shift Time - 12:00 pm - 9:00 pm

Required education and certifications critical for the role-
  • Graduation in MathematicsStatisticsActuarial Science or any other with relevant actuarial background
  • Member of any recognized Actuarial Society like - IAI, IFOA or SOA, actively pursuing actuarial exam or a qualified actuary
Required years of experience -
  • Relevant industry knowledge and minimum work experience of 8 years (Employee Benefits, Retirement and Health Benefits preferably)
AON IS IN THE BUSINESS OF BETTER DECISIONS

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.

INFORMATION ABOUT THE BUSINESS

As a leader in pension and retirement strategies, we partner with clients to create solutions that aim to enhance financial security and deliver better outcomes. Aon's actuarial professionals deliver accurate and timely advise to trustee and company of define benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.

GENERAL DESCRIPTION OF ROLE:

Manages end to end delivery of projects, makes sure all deliverables are completed timely as per scope of work and leverages junior colleagues to complete different projects

JOB RESPONSIBILITIES:
  • Full responsibilities to review big projects & manage delivery independently.
  • Prepares original materials (letters, reports, discussion guides) for the lead actuary including first draft of commentary on results
  • Fully understands UK pensions legislation, work as an experienced reviewer or scrutiniser on all major work types - Actuarial Valuation / Accounting / Consulting support services / GMP equalisation
  • Ability to stand back from detailed calculations, sense-check, draw conclusions and see the work in a broader context of the client's needs and the legislative framework.
  • Answers client questions without reliance on the lead actuary and is a strong backup to lead actuary
  • Ensures own work and work of junior colleagues is complete and thorough, requiring minimal review from lead actuary
  • Identifies and implements improvements to the various processes
  • Champions of new ideas and initiatives that deliver strategic results
  • Drive annual appraisals and proactively addresses performance issues for people manager roles
  • Plan and execute technical meetings and training as per the team's requirement for the Individual contributor roles
  • Create an open, collaborative, and engaging team environment
  • Has built and maintained a network of stakeholders, including appropriate decision-makers and represents the India team in various forums
SKILLS/COMPETENCIES REQUIRED
  • Strong analytical and mathematical skills, with a keen eye for detail
  • Ability to effectively communicate the team goals and drive business results
  • Understands the professional requirements and quality standards for UK work
  • Strong organizational skills to manage multiple projects and deadlines efficiently
  • Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds
  • An expert in one or more of the specialist areas - valuation, accounting, client extension work, risk & modelling, GMP equalisation, cash equivalent transfer value - but will have a general understanding of all the work and the ability to adapt to new work.
HOW WE SUPPORT OUR COLLEAGUES

In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.

Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it

Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant and more valued.

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