Actuarial Analyst

4 weeks ago

Bengaluru, Karnataka, India Lux Actuaries & Consultants Full time

Job Title: Actuarial Analyst (IAS-19)

Summary: As an Actuarial Analyst focusing on IAS-19, you will play a crucial role in our organization's financial strategy by analyzing and interpreting data related to employee benefits. You will work in teams to ensure compliance with accounting standards. Success in this position requires meticulous attention to detail, strong analytical skills, and the ability to communicate concepts effectively.

Responsibilities:

  • Conduct IAS-19 Valuations: Perform regular valuations of gratuity plans and other post-employment benefits in accordance with International Accounting Standards (IAS-19). This involves analyzing historical data, forecasting future trends, and calculating present values of liabilities.
  • Data Analysis and Modeling: Utilize advanced Excel skills to manipulate large datasets and enhance complex actuarial models.
  • Financial Reporting: Prepare accurate and timely financial reports related to employee benefits for the clients. Ensure compliance with relevant accounting standards and provide explanations for any deviations or variances.
  • Collaboration and Communication: Work closely with team members to gather information, validate assumptions, and reconcile discrepancies in data.

Qualifications:

  • Bachelor's Degree: Minimum requirement of a bachelor's degree in actuarial science, mathematics, statistics, finance, or a related field.
  • Experience: 6-12 months of prior job experience in actuarial analysis, preferably with exposure to gratuity/pension valuations and financial reporting. Familiarity with International Financial Reporting Standards (IFRS) is a plus.
  • Analytical Skills: Strong analytical and problem-solving skills, with the ability to interpret complex data and draw meaningful conclusions. Proficiency in Excel for data manipulation and modeling is essential.
  • Communication Skills: Excellent verbal and written communication skills, with the ability to convey technical information to clients.

This role offers a unique opportunity in gaining valuable experience in actuarial analysis and accounting principles. If you are a detail-oriented individual with a passion for numbers and a desire to make an impact, we encourage you to apply.

Please complete the below Google Form to submit your application and be considered for shortlisting:

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