Ascensus - Manager - Defined Benefit/Actuarial (12-17 yrs)

Job Title: Manager

Department/Group: Defined Benefit/Actuarial

Position Type:Full Time

Location: Hyderabad/Chennai (Onsite) Experience: 12+ Year

About Ascensus:

We are the largest independent recordkeeping services partner, third-party administrator, and government and health savings facilitator in the United States. Were also one of the savings plan industrys leading providers of outsourced services. Our combination of purpose-built technology and deep expertise enables our partners to deliver industry-leading solutions that help people save for what matters: retirement, education, and healthcare. We support qualified retirement plans and Individual Retirement Accounts (IRAs) through partnerships with top financial institutions, banks, credit unions, and advisors.

About Ascensus (India):

We have great growth strategy and looking forward to development and achieve organization objectives. We are setting an Operations in Hyderabad and looking at growth prospects. We have loans and distributions, Compliance (DC) and Defined Benefit Process in India currently. We are also looking to grow in other departments as well.

Roles & Responsibility:

- Motivate, lead and support team members to provide excellent customer service and help transition work from onshore, training team members

- Coordinate with processes and procedures with other managers to provide consistent professional services across teams.

- Develop staffing strategies for appropriate allocation of resources to meet business needs and client

service commitments/objectives.

- Prepare valuation data using Excel or ProVal

- Perform detailed gain/loss analysis and write commentaries

- Code, update ProVal to program assumptions and benefits related changes

- Update report writer tool using summary of results from ProVal

- Prepare valuation reports for full valuations and interim valuations

- Act as reviewer for the team and manage team activities on daily basis

Education and skill Requirement:

- Bachelors degree in Actuarial Science/Statistics/Mathematics with 60%+ marks

- At least 5-7 Actuarial exam pass will be an advantage

- Proven Project Management Skills

- Coordinate the successful training and instruction of new associates

- Excellent communication and problem-solving skills

- Ability to work in a collaborative team environment, ask right questions, and seek help when appropriates

- Flexibility in work culture (Example - She/he should be flexible in Day/Night shift based on business requirement)