20 Aug
|
Anonymous
|
Gurugram
20 Aug
Anonymous
Gurugram
Job Description – DB Pensions Actuarial Valuation, Pro Val Pro Admin
Exp Required - 5-7yrs
Notice - Early Joiner
Location - Gurgaon, Hybrid 2 days
Work Timings - 12-9 PM IST
EXL’s 15+ years old ACTUARIAL practice is a multi-disciplinary group with an industry focus on the insurance sector (like Property & Casualty, Life Insurance, Health care, Retirement Benefits, Reinsurance). Our actuarial practice has a reputation for strong quantitative expertise and thought leadership in the industry. Through these years, our experienced practitioners have helped clients turn risk into chance by pairing science and art to develop solutions to their most pressing challenges around risk and insurance. We allow organizations to optimally balance their key business objectives in the context of their long-term business outlook.
Job Description
The candidate will be responsible for executing projects in the Pensions Actuarial Space, provide clear and helpful actuarial advice and support to the clients on various engagements.
Typical responsibilities of the candidate will include playing a proactive role within a multi-disciplinary team in supporting the various client engagements which may span across pension’s team and actuarial liability calculation for US pension plans. Candidate is required to have extensive hands-on experience either on Proval or Pro Admin
Pro Val (DB Pension Valuation Tool)
· Should have strong data-handling skills in Excel and Word.
· Hands-on experience on Pro Val.
· Ability to code expressions in Pro Val to modify and transform valuation data.
· Perform valuation of U. S. Defined Benefit (DB) pension plans.
· Set asset–funding policies and reconcile income and disbursements (Benefit payment) for DB plans.
· Convert pension plans into Pro Val based on plan documents or plan scoping guide (Must).
· Code system logic as per scheme rules/benefit formulas for valuation runs and validate results through manual liability checks.
· Prepare funding updates (Asse
📌 Sr Actuarial Specialist (Gurugram)
🏢 Anonymous
📍 Gurugram