Actuarial Valuation Analyst
Willis Towers Watson
As an Actuarial Analyst, you will have the opportunity to enhance your core skills and your retirement plan knowledge by working on different retirement plans, preparing large complex client data, addressing questions, resolving data and plan issues, and preparing client deliverables. Over time, you will get opportunities to serve as a project manager on more complex assignments, lead internal meetings, and mentor junior staff.
Excellence
Prepare valuations of pension plans and retiree welfare plans for consulting officesRespond to queries from consultants for plan provisions and valuation results and resolve/escalate any problems or issuesComplete work following accounting standards and government regulations applicable to the planUtilize detailed tasks and steps to produce quality projectsComplete analysis and reconciliations of plan participant dataReconcile plan assetsManages the timeline for some small projects or components of larger projects.Performs technical reviews of standard/complex projects.Identifies and communicates technical/analytical issues to project teams.Supervises new hires and less-experienced associates on a project basis.Allocates/co-ordinates work among project hires, interns, and new associatesActively participate in team and project planning and suggest improvements based on observed best practices.Serve as a primary doer and liaise effectively with consultants and actuaries regarding data collection and project execution required for global accounting consolidation projectsPrepare the first draft of deliverables for review by the consultant per project deadlinesPeople
Build relationships internally and collaborate effectively on cross-functional teamsDemonstrate natural ease and effectiveness when dealing with associates in other Towers Watson officesProvides (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 regarding budgets, timelines, and Excellence standards.Act as feedback provider on a 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 standardsRespond to all requests and communications effectively and efficientlyIdentifies and leads communication with consulting team on project results, providing analysis of results, and potential issues, and responding to inquiries.Financial
Meet chargeable hours targetsContribute to profitability by preparing project budgets, monitoring own time spent on the project and maintaining accurate time recordsEnsures projects are consistently correct, on time, and within budget. Notifies the project manager of potential write-offs and identifies the need to modify the scope of a project to address unanticipated issues.Increase efficiency within teams by identifying ways to improve processesAllocates/co-ordinates work among project hires, interns, and new associatesActively participate in team and project planning and suggest improvements based on observed best practices.The Requirements
Bachelor’s Degree required, preferably in a program with a heavy emphasis on mathematics, statistics, or engineeringFresh Graduates are welcome to applyOr those with at least 2 years of work experience in a Senior Actuarial roleProven mathematical aptitudeAdvanced proficiency in Microsoft Office (Word, Excel, and PowerPoint)Previous defined benefit pension experience requiredWell-organized and detail-oriented, effective time management skillsStrong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levelsStrong analytical and integrative skills including the ability to draw conclusions and identify trends from data in a logical, systemic wayAbility to ask the right questions and seek help where appropriate, good problem-solvingStrong client service orientationAbility to apply newly acquired knowledge to future assignmentsAbility to work both independently and on client teamsSense of accountability and ability to display initiative in self-developmentActuarial exams/designation, a plusWTW is an Equal-Opportunity Employer
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