Associate - Retirement Consulting Actuaries

3 weeks ago

Bengaluru, India Marsh McLennan Companies Full time

Description:

Mercer is seeking candidates for the following position based in the Gurgaon/Mumbai/Bangalore office.

Associate - Retirement Consulting Actuaries(Level E)

What can you expect:

The purpose of this position is to provide technical leadership to the team of actuarial analysts and consultants to deliver directly to clients on issues pertaining to valuation and other actuarial advices (primarily in employee benefits space). Responsibilities include supervising, coaching and mentoring both analysts and valuation specialists with a focus on career progression.This position is involved in numerous competing client projects that require delivering accurate results on time and within budget to global retirement consultants and also be the signing actuary wherever applicable.This position is also responsible for scoping and delivering accurate results on special projects that require understanding complex calculations and concepts.

What is in it for you?

Direct interactions with client on all projects will help build technical, communication and negotiation skills.

Work directly with Qualified actuaries for your assignments. Employee benefit is a vast area and team get a chance to work on complex, non-standard client assignments.

We will count on you to :

1) Review and validate client liabilities produced by the actuarial team. Review the final accounting and funding results for global retirement consultants and also be the signing actuary wherever applicable.

Review the results in global consolidation tool (Mercer Globe or client specific tools) .Main contact for clients related to actuarial consulting. Formulate views and provides inputs to client advice. Delivers directly to clients on issues pertaining to valuation and other actuarial advices. Regularly attend and participate in auditor/client meetings.

2) Direct, coach and guide actuarial analysts and valuation specialists through core valuation work which includes flawless execution with respect to requesting, gathering and reviewing client data for completeness, reconciling data and assets from previous valuations and preparing summaries of data, assets and benefits defined in the plan document.

3) Supervise employees as direct reports, typically upto 4-5. Have full authority for the following people management responsibilities

Assigning, directing and evaluating work

Conducting performance evaluations, progressive counselling and career development discussions

Ensuring appropriate orientation and on-going education/training

4) Provide critical input to the following people management responsibilities

Hiring candidates

Promotion, salary and bonus actions.

5) Provide an effective level of business support for the team’s portfolio of client. Proactively manage the completion and timely delivery of client work and works alongside junior/senior colleagues and with a cross section of people from other businesses. Coordinate and address queries received from auditors/client

Coordinate workflow:

Determine timelines and valuation budget and compare budgeted vs. actual time spent

Plan to determine best methods to increase efficiency/profitability

Attend and present technical work and updates with global/regional consultants

Support key metrics for business like revenue, AR’s and WIP that require regular monitoring by leadership

What you need to have:

Partially qualified actuary with atleast 4-5 actuarial exams with IAI or IFOA

Graduate or Post Graduation with relevant subject of Mathematics / Statistics

Experience in working of employee benefits in India

Overall experience of 8-10 years in actuarial domain

Strong skill in MS Excel and working knowledge of MS Word and Powerpoint.

What makes you stand out:

Problem solving and consultancy skills

Excellent communicator both verbal and written

Ability to assimilate and analyse complex data

Good presenter

Self-motivated with a dynamic approach

Highly collaborative, Team player

Work with colleagues to increase Mercer footprint in Retirement, cross selling with other LOBs

Ability to manage, motivate, and mentor more junior level staff

Project management skills, Ability to organise and prioritise activities

Attention to details

Multi-tasking

  • Associate - Retirement Consulting Actuaries

    6 days ago

    Bengaluru, Karnataka, India Marsh McLennan Companies Full time

    :Mercer is seeking candidates for the following position based in theGurgaon/Mumbai/Bangaloreoffice.Associate - Retirement Consulting Actuaries(Level E)What can you expect:The purpose of this position is to provide technical leadership to the team of actuarial analysts and consultants to deliver directly to clients on issues pertaining to valuation and other...

  • IND Manager Retirement

    3 weeks ago

    Bengaluru, India Aon 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 Mathematics\Statistics\Actuarial Science or any...

  • IND Manager Retirement

    6 days ago

    Bengaluru, Karnataka, India Aon 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 Mathematics\Statistics\Actuarial Science or any...

  • Actuarial Associate

    5 days ago

    Bengaluru, Karnataka, India Assurant Full time

    Associate Actuarial, GCC, India The Actuarial Associate supports various actuarial functions that include pricing, implementation, financial reporting, capital management & forecasting. They provide detailed analysis to standard, defined tasks. This role implements techniques which support Assurant operations in achieving its goals related to revenue and...

  • IND Manager Retirement

    6 days ago

    Bengaluru, Karnataka, India Aon Corporation Full time

    Job Title- Manager - Retirement ActuarialARL- 6.1Solution Line- UK RetirementPosition type- Full Time Work Location- NoidaWorking style- HybridCab Facility- YesShift 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 backgroundMember...

  • IND Manager Retirement

    2 weeks ago

    Bengaluru, Karnataka, India Aon Corporation Full time

    Job Title- Manager - Retirement ActuarialARL- 6.1Solution Line- UK RetirementPosition type- Full Time Work Location- NoidaWorking style- HybridCab Facility- YesShift 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 backgroundMember...

  • APAC Actuarial

    6 days ago

    Bengaluru, Karnataka, India Aon Full time

    APAC Actuarial Associate Director – (GI - P&C)ARL- 5Position type-Full TimeWork Location-BangaloreWorking style-HybridRequired education and certifications critical for the role-Graduate, numerate degree preferred such as Mathematics / Statistics / EconomicsFully qualified or should have cleared atleast 11 actuarial exams as per new curriculum...

  • APAC Actuarial

    6 days ago

    Bengaluru, Karnataka, India Aon Corporation Full time

    APAC Actuarial Associate Director - (GI - P&C)ARL- 5Position type- Full Time Work Location- BangaloreWorking style- HybridRequired education and certifications critical for the role- Graduate, numerate degree preferred such as Mathematics / Statistics / Economics Fully qualified or should have cleared atleast 11 actuarial exams as per new curriculum...

  • APAC Actuarial

    3 weeks ago

    Bengaluru, Karnataka, India Aon Corporation Full time

    APAC Actuarial Associate Director - (GI - P&C)ARL- 5Position type- Full Time Work Location- BangaloreWorking style- HybridRequired education and certifications critical for the role- Graduate, numerate degree preferred such as Mathematics / Statistics / Economics Fully qualified or should have cleared atleast 11 actuarial exams as per new curriculum...

  • APAC Actuarial

    2 months ago

    Bengaluru, India Aon Full time

    APAC Actuarial Associate Director – (GI - P&C) ARL- 5 Position type- Full Time Work Location- Bangalore Working style- Hybrid Required education and certifications critical for the role- Graduate, numerate degree preferred such as Mathematics / Statistics / Economics  Fully qualified or should have cleared atleast 11 actuarial exams...

  • APAC Actuarial

    3 weeks ago

    Bengaluru, India Aon Full time

    APAC Actuarial Associate Director – (GI - P&C) ARL- 5 Position type- Full Time Work Location- Bangalore Working style- Hybrid Required education and certifications critical for the role- Graduate, numerate degree preferred such as Mathematics / Statistics / Economics  Fully qualified or should have cleared atleast 11 actuarial exams...

  • APAC Actuarial

    2 months ago

    Bengaluru, Karnataka, India Aon Corporation Full time

    APAC Actuarial Associate Director - (GI - P&C)ARL- 5Position type- Full Time Work Location- BangaloreWorking style- HybridRequired education and certifications critical for the role- Graduate, numerate degree preferred such as Mathematics / Statistics / Economics Fully qualified or should have cleared atleast 11 actuarial exams as per new curriculum...

  • Associate Pricing Actuary

    3 weeks ago

    Bengaluru, Karnataka, India Swiss Re Full time

    Job Title: Associate Pricing Actuary Corporate Title: AssociateDivision: BOU-CUO P&C ReinsuranceLocation: Bangalore, IndiaAbout Swiss ReThe Swiss Re Group is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk - from natural...

  • Associate Pricing Actuary

    2 months ago

    Bengaluru, Karnataka, India Swiss Re Full time

    Job Title: Associate Pricing Actuary Corporate Title: AssociateDivision: BOU-CUO P&C ReinsuranceLocation: Bangalore, IndiaAbout Swiss ReThe Swiss Re Group is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. It anticipates and manages risk - from natural...

  • Retirement Services Associate

    5 days ago

    Bengaluru, India Voya India Full time

    Role: Associate – Retirement Services, 401K, Defined Contribution.Exp: 1-3 yrsJob Location: Chennai / Delhi / Hyderabad.RS – Retirement Service• Achieve stringent daily productivity targets.• Will be responsible for processing participants plan level transactions.• Strict adherence to non-disclosure of client information by preserving client...

  • Lead, Senior Pricing Actuary

    6 days ago

    Bengaluru, Karnataka, India EXL Full time

    EXL's 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced...

  • Lead, Senior Pricing Actuary

    6 days ago

    Bengaluru, Karnataka, India EXL Full time

    EXL's 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance).Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry.Through these years, our experienced...

  • Retirement Services Associate

    6 days ago

    Bengaluru, Karnataka, India Voya India Full time

    Role: Associate – Retirement Services, 401K, Defined ContributionExp:1-3 yrsJob Location: Chennai / Delhi / Hyderabad. RS – Retirement Service Achieve stringent daily productivity targets. Will be responsible for processing participants plan level transactions. Strict adherence to non-disclosure of client information by preserving client confidentiality....

  • Associate Pricing Actuary

    3 weeks ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the roleAs Associate Pricing Actuary, you will be responsible to help senior team members in analyzing the profitability of the assigned line of business. You will help to identify drivers to portfolio performance and develop to mitigate gaps between what has been costed against actual performance. You will work with Senior team members and...

  • Associate Pricing Actuary

    3 weeks ago

    Bengaluru, Karnataka, India Swiss Re Full time

    About the roleAs Associate Pricing Actuary, you will be responsible to help senior team members in analyzing the profitability of the assigned line of business. You will help to identify drivers to portfolio performance and develop to mitigate gaps between what has been costed against actual performance. You will work with Senior team members and...