Actuarial Consultant- UK Pension

Position type- Full Time

Work Location- Gurugram, Noida, Bengaluru

Working style- Hybrid

Cab Facility- Yes

Shift Time 12:00 pm 9:00 pm / 12:30 to 9:30 pm (Bengaluru)

People Manager role: People Manager/Individual Contributor

Required education and certifications critical for the role-

• Graduation in Mathematics\Statistics\Actuarial Science or any other with relevant actuarial background
• Member of any recognized Actuarial Society like - IAI, IFOA or SOA, actively pursuing actuarial exam or a qualified actuary

Required years of experience

• Relevant industry knowledge and minimum work experience of 3 years (Employee Benefits, Retirement and Health Benefits preferably)

GENERAL DESCRIPTION OF ROLE:

Manages end to end delivery of projects, makes sure all deliverables are completed timely as per scope of work and leverages junior colleagues to complete different projects. Operate as competent scrutineer and subject matter expert on - Valuation / Accounting / GMP equalisation / Data solution team. Support training leads on delivery of technical sessions and mentor competent doer to move to checker role

JOB RESPONSIBILITIES:

• Readiness to the role as per the Retirement career path / skill blocks
• Spent at least 80% of target client hours in a 'scrutineer' role.
• Role model for junior colleagues in 'scrutineer' behaviours, following all required calculation processes and promoting full adherence to QRC guidance
• Build and develop relationships with key UK colleagues and seek out opportunities to present work to them.
• Lead project kick off effectively. Plan out the required work, setting appropriate review points and milestones to monitor progress.
• Full responsibilities to review big projects & manage delivery independently.
• Prepares original materials (letters, reports, discussion guides) for the lead actuary including first draft of commentary on results
• Fully understands UK pensions legislation, work as starter scrutineer on one of major work types Actuarial Valuation / Accounting / Consulting support services / GMP equalisation
• Ability to stand back from detailed calculations, sense-check, draw conclusions and see the work in a broader context of the client's needs and the legislative framework.
• Answers client questions without reliance on the lead actuary and is a strong backup to lead actuary
• Ensures own work and work of junior colleagues is complete and thorough, requiring minimal review from lead actuary
• Identifies and implements improvements to the various processes
• Champions of new ideas and initiatives that deliver strategic results
• Plan and execute technical meetings and training as per the team's requirement for the Individual contributor roles
• Create an open, collaborative, and engaging team environment
• Has built and maintained a network of stakeholders, including appropriate decision-makers and represents the India team in various forums

SKILLS/COMPETENCIES REQUIRED

• Strong analytical and mathematical skills, with a keen eye for detail
• Ability to effectively communicate the team goals and drive business results
• Understands the professional requirements and quality standards for UK work
• Strong organizational skills to manage multiple projects and deadlines efficiently
• Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds
• An expert in one or more of the specialist areas valuation, accounting, client extension work, risk & modelling, GMP equalisation, cash equivalent transfer value but will have a general understanding of all the work and the ability to adapt to new work.