Enter a job title or keyword

Associate Retirement Benefits Officer


Job Location:

Manila - Philippines

Monthly Salary: Not provided by the employer
Posted: 2 July 2026 (30+ days ago)
Application Deadline: 30 October 2026
Vacancies: 1 Vacancy

Job Summary

You will need:

  • Bachelors degree in Actuarial Science Mathematics Statistics Physics Computer Science Business Administration Finance Accounting or related fields; actuarial training or Masters degree is preferred.

  • At least 5 years of relevant professional experience in actuarial functions pension fund international (re)insurance risk management firms banking operations administration or accounting. Experience in relevant fields may also be considered.

  • Experience in quantitative analysis and in preparing reviewing and editing reports policy memoranda and other written outputs in English.

  • Proficiency in digital tools for data entry extraction validation reconciliation and reporting with advanced Excel skills (custom formulas Pivot tables data model Power Query). Experience with actuarial risk management or asset-liability management systems and coding or scripting for automation and modeling.

  • Experience identifying process gaps and implementing improvements including streamlining workflows introducing automation and documenting controls to strengthen robustness and auditability.

  • Project management skills including defining scope timelines and priorities; manage stakeholder engagement and communications; track progress; prepare documentation; and delivering outputs within agreed timelines.

  • Knowledge of business protocols formats and standards relevant to the role.

  • Experience managing multiple workstreams and stakeholders handling confidential information and escalating issues with clear supporting recommendations.

  • Good general understanding of our organizations purpose.

  • Please refer to the link for ADB Competency Framework for Technical Local Staff grade 4.


Benefits
ADB offers competitive compensation and a comprehensive benefits package. The salary will be based on ADBs standards and comparator markets taking into account your qualifications and experience.

  • Paid leave (including parental)

  • Medical and health benefits

  • Life and other insurance plans

  • Staff development

  • Retirement plan


Additional Information

This appointment is open to internal and external applicants.

This is a fixed-termappointment for an initial fixed period of 3 years. At the end of the initial period this appointment may at the optionof ADBbe extended once for up to 2 yearsconverted to a regular appointment or ended on its expirationdate. This decision will be made in the overall interestof ADBthat: (a) it will requireStaffs particular blend of skills and experience in the foreseeable future; and (b) Staffs performance is satisfactory and they are suitable for further employment.



About Us
ADB is a leading multilateral development bank supporting inclusive resilient and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together ADB harnesses innovative financial tools and strategic partnerships to transform lives build quality infrastructure and safeguard our planet. Founded in 1966 ADBis headquartered in Manila and owned by 69 members50 from the region.

ADBonlyhiresnationalsofits69 members.

ToviewADBOrganizationalChartpleaseclickhere.

ADB seeks to ensure that everyone is treated with respect and given equal opportunities to of their racial ethnic religious and cultural background gender sexual orientation or disabilities. Women are highly encouraged to apply.

VisitADBCareersFAQformoreinformation.

Join Our Mission to Foster Prosperity in Asia
Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.


Organizational Setting and Reporting Relationship
The position is assigned to the Retirement Benefits and Investment Unit (BPOD-RIU) within the Budget People and Management Systems Department (BPMSD). You will be based at our Headquarters in Manila Philippines.

You will report to designated International Staff.


Your Role
As Associate Retirement Benefits Officer you will provide analytical and technical support in benefits policy development and administration plan analysis modelling and valuation and secretariat functions for the Staff Retirement Plan (SRP) Defined Contribution Plan (DCP) and post-retirement benefits programs. You will contribute to data analysis reporting and coordination with internal and external stakeholders to support plan governance and operations.


You will:

  • Conduct quantitative legal or financial analysis and support the development justification and implementation of SRP/DCP policy proposals including related instructions.

  • Support stakeholder discussions and prepare materials for approval.

  • Perform actuarial financial and demographic modelling and analysis of the SRP DCP and postretirement medical programs.

  • Collect reconcile and prepare data for actuarial valuations and prepare ad-hoc reports data submissions benchmarking and scheme reviews.

  • Support SRP/DCP secretariat work including preparation of analyses studies policies memoranda reports minutes and materials for committee and bilateral meetings.

  • Support actuarial valuation processes and prepare membership discretionary benefits (XB) and disbursement data; respond to actuaries/auditors; analyze movements; contribute to DCP administrator and fund reviews.

  • Support delivery of benefit information sessions and preparation annual reports knowledge articles announcements and other communications for staff and retirees.

  • Provide support to Pension Administration (data requests reviews complex calculations policy interpretation cost-of-living adjustments) and Investment Team (assetliability management software cashflow projections and actuarial studies).

  • Provide operational and administrative support (liquidity management audits budgets forecasts workforce analysis) improve IT processes calculation procedures and coordinate with internal and external stakeholders.

  • Perform other duties as assigned as reflected in the incumbents workplan.


Required Experience:

IC


About Company

Company Logo

The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. It assists its members and partners by providing loans, technical assistance, grants, and equ ... View more

View Profile View Profile