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WTW is hiring an

Actuarial Analyst (Valuation)

The Role

  • 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.

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.

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