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Equiniti - Actuarial Analyst (1-5 yrs)
Equiniti
posted 11d ago
Fixed timing
EQ India is a leading Shareholder Management Fin-tech Company. It specializes in providing top-notch infrastructure, technology, and solutions for shareholder administration, pension, remediation, and credit technology.
EQ India is a Global inhouse centre/ Captive unit of EQ Group -the largest share registrar in the UK and the second largest in the USA,
We are looking for an Actuarial Analyst to be part of our offshore development centre in Bangalore. Please find the below job description.
Job Location : Electronic City - Phase 2, Bangalore
Exp : 1+ Yrs
Notice : Immediate to 60 Days
Mode of Work : Work from Office (5 Days from Office)
Role Summary
Equiniti, one of the UKs largest Pensions & Benefits Consultancies, are looking to appoint a Actuarial Project Consultant to their Data Solutions Team. This is an excellent opportunity for a Part Qualified Actuary with at least 1-3 years experience in UK DB Consulting, seeking to progress towards Institute and Faculty of Actuaries (IFoA) exams.
Core Duties/Responsibilities
- Create complex calculations and write exacting formulae, utilising strong technical actuarial skills
- Good awareness and understanding of pension legislation and be able to accurately documentation of calculation methodology, decisions and assumptions and ensure Quality Assurance checks have been made on completed work
- Guide others in resolving complex issues
- Understand the basic pension scheme concepts and be able to define terms such as ERF/LRF/CF/GMP.
- Carry out basic calculations of leaving service and retirement benefits with support.
- Prepare accurate and clear client reports
- Identify gaps in processes and suggest solutions
- Be able to innovate to improve efficiency or accuracy either by new solutions or in the assisting of building on existing solutions
- Develop effective working relationships with team colleagues and internal and external business contacts, liaising with other departments as required
- Identify own training needs - seek and act on opportunities to develop technical and business understanding and skills.
Skills, Capabilities and Attributes
The successful candidate will demonstrate the following experience, skills and behaviours:
Qualification / skills required:
- Part Qualified Actuary with at least 1-3 years experience in UK DB Consulting, seeking to progress towards Institute and Faculty of Actuaries (IFoA) exams.
- Strong analytical, numerical and decision making skills
- High level of systems proficiency particularly in Excel and Word, with SQL and/or VBA knowledge an advantage (other coding languages experience advantageous)
- Excellent communication skills including written, verbal and face to face
- Able to work independently and use initiative
- Ability to deal with complex issues
- Able to work both in the detail of a complex task or at a higher level, depending on the requirements of the task
- Professional and personable and able to build sustainable working relationships
- Resilient and calm under pressure and able to work flexibly to achieve tight deadlines
- An ability to learn and share learning, and to react positively to change
- Self-motivated and ability to encourage others
- Ideal candidate will have proven experiencing working within the UK pension industry on pension regulatory change or benefit rectification
Benefits:
Being a permanent member of the team at EQ you will be rewarded by our company benefits, these are just a few of what is on offer:
- 3 days of additional leaves on & above statutory requirement along with 2 days of voluntary leaves to pursue the CSR initiatives
- Business related certification expense reimbursement
- Comprehensive Medical Assurance coverage for dependents & Parents
- Cab transport for staff working in UK & US shift
- Accidental & Life cover 3 times of concerned CTC
Functional Areas: Banking/Insurance
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0-5 Yrs
₹ 4 - 5.5L/yr
Bangalore / Bengaluru