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retirement plan administration · defined contribution plans

Senior Actuarial Analyst

ChennaiPosted 3 months ago
Actuarial ScienceSeniorFull Time; Regular
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Role Overview: FuturePlan, the nation's largest third-party administrator of retirement plans, is seeking actuarial professionals to join their team. As a part of Ascensus, you will have the opportunity to work alongside seasoned professionals and gain valuable insights and experience in the retirement industry. Key Responsibilities: - Conduct benefit calculations for pension plans - Perform special actuarial projects as assigned - Draft data requests, perform data analysis, and assess inconsistencies - Prepare valuation data using Excel or software applications - Perform detailed actuarial gain/loss analysis and analyze changes in liability - Determine valuation assumptions and apply/update them on the valuation system - Prepare valuation reports and forms for regulatory reporting - Assist with other special ad hoc projects - Mentor and assist junior team members in their work - Review work completed by junior colleagues Qualification Required: - Bachelor's degree in Actuarial Science, Statistics, or Mathematics with 60%+ marks - Actuarial exam progress will be an advantage - Excellent communication and problem-solving skills - Strong cognitive ability, analytical skills, organization, and recall - Ability to work in a fast-paced environment and as a team player - Ability to adapt to changes in the work environment - Flexibility in work culture, including the ability to work Day/Night shifts based on business requirements Additional Details: Ascensus is committed to providing a supportive environment for professional growth, work-life balance, and inclusivity. They encourage you to contribute to their noble purpose of helping people save for important milestones in their lives. Be aware of employment fraud and ensure that all email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. Ascensus will never ask for payment or require you to purchase any equipment. If you have any suspicions or uncertainties about the validity of a job posting, it is recommended to apply directly through their website. Role Overview: FuturePlan, the nation's largest third-party administrator of retirement plans, is seeking actuarial professionals to join their team. As a part of Ascensus, you will have the opportunity to work alongside seasoned professionals and gain valuable insights and experience in the retirement industry. Key Responsibilities: - Conduct benefit calculations for pension plans - Perform special actuarial projects as assigned - Draft data requests, perform data analysis, and assess inconsistencies - Prepare valuation data using Excel or software applications - Perform detailed actuarial gain/loss analysis and analyze changes in liability - Determine valuation assumptions and apply/update them on the valuation system - Prepare valuation reports and forms for regulatory reporting - Assist with other special ad hoc projects - Mentor and assist junior team members in their work - Review work completed by junior colleagues Qualification Required: - Bachelor's degree in Actuarial Science, Statistics, or Mathematics with 60%+ marks - Actuarial exam progress will be an advantage - Excellent communication and problem-solving skills - Strong cognitive ability, analytical skills, organization, and recall - Ability to work in a fast-paced environment and as a team player - Ability to adapt to changes in the work environment - Flexibility in work culture, including the ability to work Day/Night shifts based on business requirements Additional Details: Ascensus is committed to providing a supportive environment for professional growth, work-life balance, and inclusivity. They encourage you to contribute to their noble purpose of helping people save for important milestones in their lives. Be aware of employment fraud and ensure that all email communications from Ascensus or its hiring managers originate from @ascensus.com or @futureplan.com email addresses. Ascensus will never ask for payment or require you to purchase any equipment. If you have any suspicions or uncertainties about the validity of a job posting, it is recommended to apply directly through their website.

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