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Consultant/Sr. Consultant Retirement (Actuarial)

Job Title: Consultant/Sr. Consultant 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: No

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 exams

Required years of experience:

  • Relevant industry knowledge and minimum work experience of 4 years (Employee Benefits, Retirement, and Health Benefits preferably)

AON IS IN THE BUSINESS OF BETTER DECISIONS

At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. We are committed as one firm to our purpose, united through trust as one inclusive, diverse team.

INFORMATION ABOUT THE BUSINESS

As a leader in pension and retirement strategies, we partner with clients to create solutions that 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.

GENERAL DESCRIPTION OF ROLE:

Review the work done by junior colleagues on pension actuarial valuations, accounting, GMP equalization, and individual member calculations. Support the Scrutineer/Actuary on technical calculations and project management to deliver results to end clients.

JOB RESPONSIBILITIES:

  • Readiness to the role as per the Retirement career path/skill blocks
  • Actuarial Calculations: Operate as an expert checker in at least 2 specialist areas such as accounting disclosures, client extension tasks, GMP equalization, data solution team, CETV modeling, and demographic horizon. 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 understanding of the wider context and primary drivers of the results.
  • Demonstrate a good understanding of defined benefit plans/schemes operating and regulatory environments and actuarial professional requirements.
  • Maintain and build learning resources for the team, such as best practices sharing or involvement 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, coaching new analysts on professional conduct and good work ethics

HOW WE SUPPORT OUR COLLEAGUES:

In addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. 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. We offer a variety of workstyle options through our Smart Working model, recognizing that flexibility goes beyond just the place of work.

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.

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