Actuarial Analyst/Senior Actuarial Analyst

Responsibilities

? Understanding the US pension system, IRS regulations, and through knowledge of their segment of the pension operation

? Process, validate, and update data in the actuarial and financial models.

? Prepare and analyze actuarial and financial reports for US Pension clients.

? Prepare the reports and share observations with the checker.

? Liaison with onshore consultants for any data or project-related queries resolution, along with the checker.

? Participate and contribute to any special project requirements.

? Carry out pension benefit calculations and valuations.

Strong knowledge in the following areas is required.

? Actuarial Ancillary Services

o Preparation of AFTAP & Annual Valuation Report

o Preparation of PBGC government filing

o Preparation of Annual Funding Notice

o Prepare signature-ready IRS Form 5500

o Form 5500 Schedules

o FASB / ASC 715 reporting

o Preparing Disclosure on IAS 19R/US GAAP

o Should have some knowledge of OPEB/PRM plans (added advantage)

? Other Special Services

o TV/Retirees Cash out Calculations

o Age 70 required minimum distribution requests

o Process Special accounting calculations

Essential Qualifications:

? Master's degree or equivalent qualification in Actuarial Sciences

? Should have a good knowledge of basic actuarial concepts

? Excellent interpersonal skills, strong oral and written communication skills.

? Ability to prioritize and handle multiple tasks in a demanding work environment

? Ability to multitask, self-starter.

? Actuarial Exam progress is required.

Technical Qualifications:

? Excellent analytical, problem-solving solving and interpretational skills.

? Sound knowledge of mathematics, statistics, and possess good modeling skills

? Good command of MS Office applications (MS-Excel, MS-Word)

? Working knowledge in retirement tools such as Relius, And ProVal is an added advantage for experienced candidates only