EY People Consulting-Actuarial-Staff 

India, Karnataka, Bengaluru 

298204086

Responsibilities

• Should have a thorough understanding of US pension and retirement benefits
• Carry out end to end actuarial valuations process of defined benefit pension schemes plans and for various compliance related reporting.
• Experience in cleaning, processing, working with large data sets, identifying inconsistencies in the data and preparing it for valuation process.
• Configuring the valuation system (ProVal) in accordance with the various assumptions for each individual client (interest rates/demographic/regulatory and other related) to generate liability for regulatory or financial disclosure.
• Documentation and communication of steps and processes used to arrive at the result and maintaining a high quality of deliverables.
• Familiarity with various US government forms and filings related to qualified DB pension funds and related accounting standards (such as ASC 715, ASC960 and IAS19) and preparation of final deliverable report.
• Familiarity of IAS19 and US GAAP accounting standards.
• Carry out all other reasonable requests and objectives to an acceptable standard within agreed timescales
• Ensure that all statutory and company regulations are followed while processing work to protect clients and the business interests
• Maintain an up to date knowledge of legislative changes and actuarial procedures
• Contribute ideas and suggestions for improvements to process templates
• Training and sharing of knowledge with colleagues
• Make steady progress with appropriate professional examinations as agreed with line manager with the support of the company.

Qualifications and Skill Requirements

• 1-4 years of work experience in US Pensions in Actuarial domain
• A Bachelor’s or Master’s degree with an emphasis in Actuarial Science, Mathematics, Statistics, or a related financial field
• Credit for at least three Actuarial Examinations.
• Familiarity with actuarial and statistical techniques
• Valuation software – ProVal (preferred)
• Sound programming knowledge is plus – VBA, R, Python, SQL
• Good analytical skills. Strong written and verbal communication skills

You get to work with inspiring and meaningful projects. Our focus is education and coaching alongside practical experience to ensure your personal development. We value our employees and you will be able to control your own development with an individual progression plan. You will quickly grow into a responsible role with challenging and stimulating assignments. Moreover, you will be part of an interdisciplinary environment that emphasizes high quality and knowledge exchange. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.