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Actuarial Valuation Analyst

Actuarial Valuation Analyst

myGworkHybrid / , Philippines
24 days ago
Job description

This job is with WTW, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly.

Description

The Role

Excellence

  • Prepare valuations of pension plans and retiree welfare plans for consulting offices
  • Respond to queries from consultants with respect to plan provisions and valuation results and resolve / escalate any problems or issues
  • Complete work in accordance with accounting standards and government regulations applicable to the plan
  • Utilize detailed tasks and steps to produce quality projects
  • Complete analysis and reconciliations of plan participant data
  • Reconcile plan assets
  • Manages the timeline for some small projects or components of larger projects.
  • Performs technical review of standard / complex projects.
  • Identifies and communicates technical / analytical issues to project teams.
  • Supervises new hires and less-experienced associates on project basis.
  • Allocates / co-ordinates work among project hires, interns and new associates
  • Actively participate in team and project planning and suggests improvements based on observed best practices.
  • Serve as primary doer and liaise effectively with consultants and actuaries regarding data collection and project execution required for global accounting consolidation projects
  • Prepare the first draft of deliverables for review by the consultant in accordance to project deadlines

People

  • Build relationships internally and collaborate effectively on cross-functional teams
  • Demonstrate natural ease and effectiveness when dealing with associates in other Towers Watson offices
  • Provides (ongoing) on-the-job training to project hires, interns and junior associates on routine projects, including basic tools, issues and concepts.
  • Mentors and manages junior associates in regards to budgets, timelines and Excellence standards.
  • Act as feedback provider on performance review of junior associates and new associates for regularization.

    • Clients

  • Work with Project Leader to ensure that each project is completed on time and meets quality standards
  • Respond to all requests and communications effectively and efficiently
  • Identifies and leads communication with consulting team on project results, providing analysis of results, potential issues and responding to inquiries.

    • Financial

  • Meet chargeable hours targets
  • Contribute to profitability by preparing project budgets, monitoring own time spent on project and maintaining accurate time records
  • Ensures projects are consistently correct, on-time and within budget. Notifies project manager of potential write-offs and identifies need to modify scope on a project to address unanticipated issues.
  • Increase efficiency within teams by identifying ways to improve processes
  • Allocates / co-ordinates work among project hires, interns and new associates
  • Actively participate in team and project planning and suggests improvements based on observed best practices.

    • Qualifications

    The Requirements

  • Bachelor’s Degree required, preferably in a program with heavy emphasis on mathematics, statistics or engineering
  • Fresh Graduates are welcome to apply
  • Or those with at least 2 years of work experience in a Senior Actuarial role
  • Proven mathematical aptitude
  • Advanced proficiency in Microsoft Office (Word, Excel and PowerPoint)
  • Previous defined benefit pension experience required
  • Well organized and detail oriented, effective time management skills
  • Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels
  • Strong analytical and integrative skills including the ability to draw conclusions and identify trends from data in a logical, systemic way
  • Ability to ask the right questions and seek help where appropriate, good problem solving
  • Strong client service orientation
  • Ability to apply newly acquired knowledge to future assignments
  • Ability to work both independently and on client teams
  • Sense of accountability and ability to display initiative in self development
  • Actuarial exams / designation, a plus

    • WTW is an Equal Opportunity Employer.