drjobs Sr Actuarial Consultant

Sr Actuarial Consultant

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1 Vacancy
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Job Location drjobs

Chennai - India

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Ascensus is looking for actuarial professionals who possess the technical expertise in US pensions that align with our commitment to delivering exceptional quality through a customercentric approach. Youll have an enriching experience collaborating with seasoned professionals and gaining invaluable insights and experience in the retirement industry. Our teams are empowered by our comprehensive study policy designed to support your career journey in obtaining actuarial credentials through IAI IFOA SOA and ASPPA. With our structured training programs you will be wellprepared to integrate and manage Defined Benefit plans within broader retirement products and strategies across our organization.

Joining Ascensus means embracing a unique opportunity to grow professionally having worklife balance and a place you can bring your whole self to work every day. We look forward to welcoming you to contribute to our success and make a meaningful impact to our noble purpose helping people save for those important miles stones in their lives.

About Ascensus:

We are the largest independent recordkeeping services partner thirdparty administrator and government and health savings facilitator in the United States. Were also one of the savings plan industrys leading providers of outsourced services. Our combination of purposebuilt technology and deep expertise enables our partners to deliver industryleading solutions that help people save for what matters: retirement education and healthcare. We support qualified retirement plans and Individual Retirement Accounts (IRAs) through partnerships with top financial institutions banks credit unions and advisors.

About Ascensus (India) We have great growth strategy and looking forward to development and achieve organization objectives. We are setting an Operations in Hyderabad and looking at growth prospects. We have loans and distributions Compliance (DC) and Defined Benefit Process in India currently. We are also looking to grow in other departments as well.

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 Government 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

  • Think critically about process flow identify opportunity/gaps to streamline/improvement and take lead.

  • Involve in work transition help develop training materials and deliver training to team members.

Education and skill Requirement:

  • Bachelors 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 problemsolving skills

  • Excellent cognitive ability analytical skills organization and recall

  • Ability to work in a fastpaced 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)

Be aware of employment fraud. All email communications from Ascensus or its hiring managers originate from @ascensus or @futureplan email addresses. We will never ask you for payment or require you to purchase any equipment. If you are suspicious or unsure about validity of a job posting we strongly encourage you to apply directly through our website.


Required Experience:

Senior IC

Employment Type

Full-Time

Company Industry

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