Manager Retirement (Actuarial)

Job Title: Manager – UK Retirement Actuarial

Position type: Full Time

Work Location: Gurugram, Noida, Bengaluru

Working style: Hybrid

Cab Facility: Yes

Shift Time: 12:00 pm – 9:00 pm / 12:30 pm – 9:30 pm (Bengaluru)

People Manager role: People Manager/Individual Contributor

Required education and certifications critical for the role:

• Graduation in Mathematics, Statistics, Actuarial Science or any other with relevant actuarial background
• Member of any recognized Actuarial Society like IAI, IFOA or SOA, actively pursuing actuarial exam or a qualified actuary

Required years of experience:

• Relevant industry knowledge and minimum work experience of 8 years in UK Retirement Actuarial (Employee Benefits, Retirement and Health Benefits preferably)

INFORMATION ABOUT THE BUSINESS

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 trustees and companies of defined benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.

GENERAL DESCRIPTION OF ROLE:

Manages end-to-end delivery of projects, ensuring all deliverables are completed timely as per scope of work and leverages junior colleagues to complete different projects.

JOB RESPONSIBILITIES:

• Full responsibilities to review big projects and manage delivery independently.
• Prepares original materials (letters, reports, discussion guides) for the lead actuary including first draft of commentary on results.
• Fully understands UK pensions legislation, working as an experienced reviewer or scrutinizer on all major work types – Actuarial Valuation, Accounting, Consulting support services, GMP equalization.
• Ability to stand back from detailed calculations, sense-check, draw conclusions and see the work in a broader context of the client's needs and the legislative framework.
• Answers client questions without reliance on the lead actuary and serves as a strong backup to the lead actuary.
• Ensures own work and work of junior colleagues is complete and thorough, requiring minimal review from the lead actuary.
• Identifies and implements improvements to various processes.
• Champions new ideas and initiatives that deliver strategic results.
• Drives annual appraisals and proactively addresses performance issues for people manager roles.
• Plans and executes technical meetings and training as per the team's requirements for individual contributor roles.
• Creates an open, collaborative, and engaging team environment.
• Builds and maintains a network of stakeholders, including appropriate decision-makers, and represents the India team in various forums.

SKILLS/COMPETENCIES REQUIRED:

• Strong analytical and mathematical skills, with a keen eye for detail.
• Ability to effectively communicate the team goals and drive business results.
• Understands the professional requirements and quality standards for UK work.
• Strong organizational skills to manage multiple projects and deadlines efficiently.
• Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds.
• An expert in one or more of the specialist areas – valuation, accounting, client extension work, risk & modelling, GMP equalization, cash equivalent transfer value – but will have a general understanding of all the work and the ability to adapt to new work.

HOW WE SUPPORT OUR COLLEAGUES:

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 them to be their authentic selves.

Furthermore, all colleagues enjoy two “Global Wellbeing Days” each year, encouraging them to take time to focus on themselves.

Our continuous learning culture inspires and equips colleagues to learn, share, and grow, helping them achieve their fullest potential.

COMMITMENT TO SUSTAINABILITY:

Aon is dedicated to integrating sustainability into our core business practices. We strive to minimize our environmental impact through innovative solutions and responsible stewardship, ensuring a sustainable future for our clients and communities.