Actuarial Valuation Analyst

The Role

 
Excellence

• Prepare valuations of pension plans and retiree welfare plans for consulting offices
• Respond to queries from consultants with respect to plan provisions and valuation results and resolve/escalate any problems or issues
• Complete work in accordance with accounting standards and government regulations applicable to the plan
• Utilize detailed tasks and steps to produce quality projects
• Complete analysis and reconciliations of plan participant data
• Reconcile plan assets
• Manages the timeline for some small projects or components of larger projects.
• Performs technical review of standard/complex projects.
• Identifies and communicates technical/analytical issues to project teams.
• Supervises new hires and less-experienced associates on project basis.
• Allocates/co-ordinates work among project hires, interns and new associates
• Actively participate in team and project planning and suggests improvements based on observed best practices.
• Serve as primary doer and liaise effectively with consultants and actuaries regarding data collection and project execution required for global accounting consolidation projects
• Prepare the first draft of deliverables for review by the consultant in accordance to project deadlines

People

• Build relationships internally and collaborate effectively on cross-functional teams
• Demonstrate natural ease and effectiveness when dealing with associates in other Towers Watson offices
• Provides (ongoing) on-the-job training to project hires, interns and junior associates on routine projects, including basic tools, issues and concepts.
• Mentors and manages junior associates in regards to budgets, timelines and Excellence standards.
• Act as feedback provider on performance review of junior associates and new associates for regularization.

Clients

• Work with Project Leader to ensure that each project is completed on time and meets quality standards
• Respond to all requests and communications effectively and efficiently
• Identifies and leads communication with consulting team on project results, providing analysis of results, potential issues and responding to inquiries.

Financial

• Meet chargeable hours targets
• Contribute to profitability by preparing project budgets, monitoring own time spent on project and maintaining accurate time records
• Ensures projects are consistently correct, on-time and within budget. Notifies project manager of potential write-offs and identifies need to modify scope on a project to address unanticipated issues.
• Increase efficiency within teams by identifying ways to improve processes
• Allocates/co-ordinates work among project hires, interns and new associates
• Actively participate in team and project planning and suggests improvements based on observed best practices.

The Requirements

• Bachelor’s Degree required, preferably in a program with heavy emphasis on mathematics, statistics or engineering
• Fresh Graduates are welcome to apply
• Or those with at least 2 years of work experience in a Senior Actuarial role
• Proven mathematical aptitude
• Advanced proficiency in Microsoft Office (Word, Excel and PowerPoint)
• Previous defined benefit pension experience required
• Well organized and detail oriented, effective time management skills
• Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels
• Strong analytical and integrative skills including the ability to draw conclusions and identify trends from data in a logical, systemic way
• Ability to ask the right questions and seek help where appropriate, good problem solving
• Strong client service orientation
• Ability to apply newly acquired knowledge to future assignments
• Ability to work both independently and on client teams
• Sense of accountability and ability to display initiative in self development
• Actuarial exams/designation, a plus

WTW is an Equal Opportunity Employer.