Job Description

About WTW:

Our distinct, connected perspective across talent, assets and ideas unlocks potential for our clients.
While many just look at mitigating the downside, we see how a unified approach to people and risk is a path to growth. Powered by market analytics and behavioral insight, our integrated teams reveal hidden value within the critical intersections of our clients\xe2\x80\x99 organizations. We design and deliver solutions that manage risk, optimize benefits, cultivate talent, and expand the power of capital to protect and strengthen institutions and individuals.

Role:

As a trainee, you will have an opportunity to support core valuation projects for diverse plans related to funding and expense valuations for pension and welfare plans. It involves data reconciliation, asset / liability calculations, special projects, government forms and responses to auditor\xe2\x80\x99s requests.

Responsibilities:

• Prepare actuarial valuations and reports in conjunction with consulting colleagues with minimal supervision on standard assignments
• Complete analysis and reconciliation of plan participant data and plan assets
• Prepare government reporting forms and annual employee benefit statements
• Complete other special projects related to plans such as cost and contribution forecasting, experience studies and plan design studies
• Develop a trusted advisor relationship with service center client teams through effective communication and efficient, quality execution of projects.
• Manage expectations and raise appropriate issues to internal and consulting office project managers.
• Manage and prioritize own workload efficiently to fulfil commitments in a timely manner
• Contribute to profitability by completing budget spreadsheets, monitoring own time spent on project, seeking ways to enhance efficiency and maintaining accurate time records
• Work independently and utilize available resources to develop technical skills, asking for assistance when required
• Participate and actively engage in training sessions
• 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
• Meet required production hours as expected by the business
• Manage projects and leverage resources to produce quality deliverables on time and within budget

• Graduation / Post Graduation Degree required, in a program with heavy emphasis on mathematics, statistics or economics
• 1 \xe2\x80\x93 5 CT papers, nil experience. 1 \xe2\x80\x93 5 CT papers\xe2\x80\x99 means they should have at least cleared actuarial entrance exam of India and 1 actuarial paper

Willis Towers Watson