Willis Towers Watson - Specialist - Actuaries - Pension Valuation

Position : Specialist

Location - Mumbai, Vikhroli/ Thane

Reporting to : Team Leader/Assistant Manager

Job Summary:

Principal Duties/Responsibilities

The Company :

Go beyond. At Willis Towers Watson, we are more than individuals. We are a community focused on helping our colleagues and clients thrive and succeed. Willis Towers Watson is a leading global professional services company that helps organizations improves performance through effective people, risk and financial management. With 16,000 associates around the world, w e offer consulting, technology and solutions in the areas of benefits, talent management, rewards, and risk and capital management.

The Business Willis Towers Watson benefit consultants have deep experience working with organizations of all types and sizes. We've worked closely with clients to develop some of the most advanced benefit design techniques currently in use.

We combine expertise in retirement and investment consulting to support organizations worldwide in designing, managing, administering and communicating all types of retirement plans.

The Role :

- Client teams within Willis Towers Watson are supported by a network of five actuarial service centers across North America. At the Mumbai Centre, you will have the opportunity to support core valuation projects for diverse plans related to funding and expense valuations for pension and welfare plans, accounting for special events, support for plan design and union negotiation projects, government forms, data reconciliations, responses to auditor's requests, etc.

- As a Senior Analyst you will contribute to a range of client projects within an internal service center for the US Retirement Line of Business. You w ill provide a detailed technical review of work performed by analysts and work with the Team Leader to manage projects ensuring they meet or exceed timing and quality expectations. You will assist with training and act as a mentor for junior associates. This position requires strong know ledge of pension regulation and actuarial valuation concepts. This position provides an opportunity to further develop your valuation and project management skills and to progress to a Team Leader position.

Performance Objectives:

Clients :

- Partner with the Team Leader on managing projects and delegating work to others

- Successfully manage own workload while proactively resolving conflicting priorities or other workload issues within the team.

- Develop a trusted advisor relationship with client teams through effective communication and efficient, quality execution of projects. Serve as a contact for the local office client team.

- Manage expectations and raise appropriate issues to internal and consulting office project managers.

Excellence :

- Perform detailed technical review of all work products. Projects include: annual funding and expense valuations for qualified, non-qualified and post retirement welfare plans, reconciling client data and assets, government forms and statements.

- Respond to queries from consultants with respect to plan provisions and valuation results and resolve/escalate any problems or issues

- Contribute to the development of new tools and approaches

- Identify opportunities to enhance quality and/or improve processes to reduce costs

Financial :

- Meet billable hours as described by your manager

- Manage projects and leverage resources to produce quality deliverables on time and within budget

People:

- Build relationships internally and collaborate effectively with client teams in offices across the US

- Serve as mentor and technical resource to junior associates

- Partner with the Team Leader on the training and supervision of junior associates

Required Qualifications, Skills, Knowledge, Experience

Qualifications:

- 4+ years experience performing and checking core valuation work in a client-service oriented environment with large corporate defined benefit plans

- Must have experience with funding pension valuations, accounting expense & disclosure reports and government filings

- Proven experience successfully managing multiple projects within specified guidelines

- Strong client relationship, interpersonal and team skills

- Strong written and verbal communication skills

- Ability to ask the right questions and seek help w here appropriate

- Ability to respond to all communications effectively and in a timely manner

- Demonstrated leadership qualities

- Strong analytical and integrative skills including ability to draw conclusions and identify trends from data in a logical, systematic way

- Excellent Microsoft Office skills, particularly in Access and Excel, Visual Basic experience a plus

- Bachelor's Degree required