Actuarial Consultant (Retirement)

Required Education and Certifications Critical for the Role:

• Graduation or Post Graduation in Mathematics/Statistics/Economics/Actuarial Science
• Member of any recognized Actuarial Society like - IAI, IFOA or SOA and actively pursuing actuarial exam

Required Years of Experience:

• Relevant industry knowledge and minimum work experience of 3.5 years (Employee Benefits, Retirement and Health Benefits preferably)

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.

As a leader in pension and retirement strategies, we partner with clients to create solutions that aim to enhance financial security and deliver better outcomes. Aon's actuarial professionals deliver accurate and timely advice to trustee and company of defined benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.

General Description of Role:

Review the work done by junior colleagues on pension actuarial - Valuations, Accounting, GMP equalization, and Individual member calculation. Support the Scrutineer / Actuary on technical calculation and project management to deliver results to end clients.

Job Responsibilities:

• Actuarial Calculations: review actuarial calculations, such as funding update, accounting disclosures, GMP equalization, and member queries. Use actuarial software and tools to perform actuarial valuations and projections.
• Drive usage of various processes, templates, precedents, and models compliance guidelines as a competent checker.
• Develop your understanding of the wider context, big picture view of the technical calculations and primary drivers of the results
• Demonstrate a very good understanding of defined benefit plans/schemes operating and regulatory environment and actuarial professional requirements
• Maintaining and building learning resources for the team, such as best practices sharing or involve in training materials updates
• Actively participate in delivering training and mentoring of junior colleagues

Skills/Competencies Required:

• Logical and problem-solving skills
• Proficiency in MS office tools such as MS Excel and MS Word
• Strong analytical and mathematical skills, with a keen eye for detail
• Ability to communicate effectively with internal and external stakeholders
• Strong organizational skills to manage multiple projects and deadlines efficiently
• Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds
• Act as a role-model for junior colleagues, coach new analysts on professional conduct and good work ethics

In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.

Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!

Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant, and more valued.