1 Mercer Senior Manager Job
2-3 years
Gurgaon / Gurugram
Mercer - Senior Manager - Annuity Placement/Investment Solutions (2-3 yrs)
Mercer
posted 2mon ago
What can you expect?
- Project manage annuity placements from the initial bidding and price discovery process through execution and post deal transition of pension liabilities
- Liaise with the insurance marketplace of providers offering group annuity products to ensure that the required deliverables are received.
- Analyze pricing to provide unique solutions and support strategy for annuity buyouts.
- Determine how to show breakdown of accounts to clients and leverage internal resources to execute.
- Create decks, coordinate meetings, respond to questions from insurers, liaise with actuarial team to gather plan and participant data, lead work streams and ensure the process is executed in a timely manner.
- Facilitate the preparation of insurance market due diligence material to support our consulting process around the Department of Labor guidelines for annuity buyout transactions in compliance with interpretive bulletin 95-1
- Consultant on 5-7 clients at a given time; performing modeling, running reports, preparing decks on pension risk transfer and journey planning projects
- Work with spreadsheets and various modeling tools to produce detailed numerical analysis of the client's risk profile and the impact of risk on key financial metrics
- As needed, provide ad hoc support on new business pursuits and proposals
- Understand strategy leading up to the annuity placement project, assisting colleagues to identify areas of constraints, solving problems and doing analysis to help support client deliverables
- Ensure all professionalism / compliance standards and processes are understood and followed.
- Scope projects, develop budgets, and follow project plans and perform such project management and recordkeeping as needed to ensure projects are delivered on time and on budget.
What is in it for you?
As a Marsh McLennan Company colleague, you will also receive additional benefits such as:
- A competitive salary
- Employee friendly policies
- Health care and insurance for you and your dependents
- Healthy Work life balance
- A great working environment
- Flexible benefits packages to suit your needs and lifestyle
- Future career opportunities across a global organization
What you need to have:
- Minimum Bachelor's/Master's degree in mathematics, economics, finance or other business-related areas with strong quantitative and analytical course content or direct relevant experience.
- Minimum 2-3 years of experience within an insurance company, financial strategy, investment, and/or actuarial consulting environment
- Strong analytical skills and attention to detail
- Overall good technical skills including proficiency in Microsoft Office, with a high proficiency in Excel
- Active pursuit of Actuarial and/or CFA designations a plus
- Familiarity with investment principles and actuarial calculations
- Previous experience in the insurance or group annuity market is a plus
- Self-motivation and an ability to work well in a highly collaborative team environment
- Excellent organizational, interpersonal, verbal and written communication skills
- Ability to multitask, manage multiple priorities and work in a rapidly changing and dynamic environment
- Willingness to obtain Life, Accident & Health Insurance licensing (if applicable)
Functional Areas: Other
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Prons: They provide exquisite work life balance, good appraisal, both side free cabs, health insurance. Cons: - Organizations are way to ahead on technologies and AI - Learning and development dept needs to improvise and cater more people
I do not dislike anything, just need to improve.
Read 12 reviews2-3 Yrs
Gurgaon / Gurugram