Actuarial Consultant

6 days ago

Gurgaon, Haryana, India WTW Full time

The Role

At Willis Towers Watson, we operate a range of outsourced actuarial function projects for various Life Insurance companies in the UK.

Our team delivers these projects through a collaborative approach, working together across WTW India and WTW UK offices.

As a qualified actuary in the Life Actuarial Outsourcing team, you will be part of the financial reporting team for one such project.

This role will cover all areas of actuarial work, including Solvency II valuations, IFRS, ORSA, with-profits, and strategic projects.

You will have the opportunity to be involved in an IFRS17 implementation project and work closely with a strong, diverse, and dedicated team of associates.

Key aspects of the role include:

Actuarial Responsibilities

  • Technical review of all major actuarial work, including quarterly SII reporting, experience investigations, ORSA, IFRS, and with-profits.
  • Involvement in the upcoming IFRS17 implementation.
  • Strong technical and actuarial skills to interpret, challenge, and review a variety of actuarial results.
  • Reviewing of Solvency II reporting and other metrics (IFRS / EV).
  • Reporting into senior actuaries (such as Head of Reporting).
  • Preparing drafts of reports and explaining results appropriately.
  • Advising junior team members on methodology and approach.
  • Ensuring work is completed in accordance with professional excellence and external standards.

Management

  • Delivering work in accordance with financial reporting timetables.
  • Liaising with clients to ensure timetables and deadlines are mutually achievable.
  • Working with the Head of Reporting to ensure the team is suitably resourced and manage upcoming priorities and workflow.

People

  • Building relationships internally and collaborating effectively on cross-functional teams.
  • Demonstrating natural ease and effectiveness when dealing with clients and colleagues at all levels.
  • Taking an active interest in the development of more junior staff, sharing in detail the completion of routine tasks.

Client/Account Management

  • Nurturing and managing the relationship with the client.
  • Delivering on projects to meet or exceed client expectations.

Continuous Improvement

  • Proactively seeking and driving improvements to all aspects of the outsourcing project.
  • Working with the continuous improvement manager to ensure these are delivered and the job and team is operating efficiently and effectively.

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