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Senior Retirement Actuarial Specialist

2 months ago

Taguig, National Capital Region, Philippines Willis Towers Watson Full time
Job Description

As a Retirement Specialist for Consulting supports the delivery of quality Retirement solutions covering plan valuations, design & review including plan conversions, plan administration, and other retirement benefit services. The Retirement Specialist/Consultant may also get involved in insurance, health, and other risk projects requiring actuarial support.

Performance Objectives:
  • Provides technical assistance to the Consultant/Senior Consultant in the following areas:
    • Data preparation, validation & reconciliation
    • Assumption setting
    • Actuarial valuation of retirement plans, including the use of WTW standard valuation software.
    • Analysis of valuation results
    • Plan benchmarking, design, and costing
    • Retirement plan set-up, review, and harmonization
    • Benefit projections and individual benefit calculations
    • Other projects requiring actuarial skills (other employee benefits, insurance, HMO, etc.)
  • Prepares the following reports:
    • Actuarial valuation reports for local funding and accounting standards (local and international) purposes
    • Comparative plan summaries upon request of clients
    • Drafting of plan rules
    • Presentation and sales materials
  • Assists the Consultant/Senior Consultant in the presentation of results.
  • May act as the lead and client's main contact person within WTW.
Qualifications

The Requirements:
  • +3 years experience conducting core valuation work in a client-service-oriented environment with large corporate defined benefit plans; defined contribution plan experience a plus
  • Proven experience managing multiple projects within prescribed project guidelines
  • Strong client relationship, interpersonal, and team skills
  • Strong written and verbal communication skills
  • Ability to ask the right questions and seek help where appropriate
  • Ability to respond to all communications effectively and on time
  • Flexibility and proven ability to diagnose and resolve issues; strong client service orientation
  • Demonstrated leadership qualities
  • Ability to work both independently and on client teams and enjoy a fast-paced environment
  • Sense of accountability; owning one's work and taking pride in it
  • Self-starter; interest in continually challenging oneself and willing to step outside of one's comfort zone
  • Interest and ability to think beyond the task at hand and understand how one's work fits into the broader landscape
  • Strong analytical and integrative skills including the ability to draw conclusions and identify trends from data in a logical, systematic way
  • Excellent Microsoft Office skills, particularly Excel.
  • Bachelor's Degree in Actuarial Science, Mathematics, Statistics, or other related fields
  • Significant actuarial exam progress toward AASP/ASA credentials
  • Background in accounting, finance, investment, and economics
WTW is an Equal Opportunity Employer