As an Actuarial Analyst, you will work on retirement plans, prepare complex client data, address questions, resolve data and plan issues, and prepare client deliverables. Opportunities to serve as a project manager, lead internal meetings, and mentor junior staff are available.
Requirements
- Prepare valuations of pension plans and retiree welfare plans
- Respond to queries from consultants for plan provisions and valuation results
- Complete work following 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 reviews of standard/complex projects
- Identifies and communicates technical/analytical issues to project teams
- Supervises new hires and less-experienced associates on a project basis
- Allocates/co-ordinates work among project hires, interns, and new associates
- Actively participate in team and project planning and suggest improvements based on observed best practices
- Serve as a 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 per project deadlines
- 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 regarding budgets, timelines, and Excellence standards
- Act as feedback provider on a performance review of junior associates and new associates for regularization
- 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, and potential issues, and responding to inquiries
- Meet chargeable hours targets
- Contribute to profitability by preparing project budgets, monitoring own time spent on the project and maintaining accurate time records
- Ensures projects are consistently correct, on time, and within budget
- Notifies the project manager of potential write-offs and identifies the need to modify the scope of 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 suggest improvements based on observed best practices
