Assistant Manager/Deputy Manager - Actuary Pension - Insurance

Assistant Manager/Deputy Manager - Actuary Pension

Job Description : We are currently hiring for AM/DM Actuary Pension role.

Please find the details below :

Client : Global organization in the business of Insurance & Reinsurance

Location : Powai - Mumbai

Timing : 12:30 PM 9:30 PM (centralized pick up and drop available)

Position : AM/DM Actuary Pension

Preferred candidate profile :

AM Pensions :

- Should have successfully cleared 2-4 actuarial papers.

- 2-3 years of relevant experience in the areas on valuation of pension schemes.

DM Pensions :

- Should have successfully cleared 2 to 5 actuarial papers.

- 3-5 years of relevant experience in the areas on valuation of pension schemes.

- Should have a basic understanding of pension benefits and should be able to differentiate between DB and DC schemes (knowledge of UK employee benefits would be an added advantage)

Job Description :

- Carry out actuarial valuations of defined benefit occupational pension schemes

- Carry out member specific benefit value calculations e.g. transfer values, retirement costs

- Carry out all other reasonable requests and objectives to an acceptable standard within agreed timescales

- Prepare reports and letters relating to actuarial advice

- Ensure that all statutory and company regulations are followed while processing work to protect clients and the business interests

- Develop an understanding of technical areas as appropriate to role under the guidance of a senior member of the team

- Maintain an up to date knowledge of legislative changes and actuarial procedures.