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 70½ 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

Education

Master of Science (MS / M.Sc)

Skills Required

Financial Reports, fasb, Ms Excel, Ms Word, relius , proval