Job Summary

People Consulting Actuarial Services - Staff:

You will be responsible for executing tasks with increasing autonomy, applying sound judgment within defined parameters, and contributing to team outcomes. You are expected to demonstrate initiative, resolve routine issues independently, and support junior colleagues.

You will anticipate and identify risks within engagements and share any issues with senior members of the team.

In line with EY's commitment to quality, you'll confirm that work is of high quality and is reviewed by the next-level reviewer.

Within our talented and dynamic Insurance & Actuarial Advisory Services (IAAS) team, the member works on multiple client engagement teams that perform actuarial model building and validations, actuarial funding and accounting liability calculations, due diligence, and other related actuarial projects for retirement businesses. The team member also receives on-the-job training to acquire practical experience in addressing business/technical issues and in applying industry knowledge and EY policies/procedures on client engagements. The position is designed to enable the member to pursue actuarial exams while developing the basic skills needed to be a successful actuarial consultant, combining both excellent learning and career opportunities.

Your Key Responsibilities

- Should have a thorough understanding of US pension and retirement benefits
- Carry out end to end actuarial valuations process of defined benefit pension schemes plans and for various compliance related reporting.
- Experience in cleaning, processing, working with large data sets, identifying inconsistencies in the data and preparing it for valuation process.
- Configuring the valuation system (ProVal) in accordance with the various assumptions for each individual client (interest rates/demographic/regulatory and other related) to generate liability for regulatory or financial disclosure.




- Documentation and communication of steps and processes used to arrive at the result and maintaining a high quality of deliverables.
- Familiarity with various US government forms and filings related to qualified DB pension funds and related accounting standards (such as ASC 715, ASC960 and IAS19) and preparation of final deliverable report.
- Familiarity of IAS19 and US GAAP accounting standards.
- Carry out all other reasonable requests and objectives to an acceptable standard within agreed timescales
- Ensure that all statutory and company regulations are followed while processing work to protect clients and the business interests
- Maintain an up-to date knowledge of legislative changes and actuarial procedures
- Contribute ideas and suggestions for improvements to process templates
- Training and sharing of knowledge with colleagues
- Make steady progress with appropriate professional examinations as agreed with line manager with the support of the company.

Skills and attributes for success

- 1-2 years of work experience in US pensions in actuarial domain
- A Bachelor's or Master's degree with an emphasis in Actuarial Science, Mathematics, Statistics, or a related financial field
- Credit for at least three Actuarial Examinations from IAI, SOA or IFOA.
- Familiarity with actuarial and statistical techniques
- Valuation software - ProVal (preferred)
- Sound programming knowledge is a plus - VBA, R, Python, SQL
- Good analytical skills. Strong written and verbal communication skills

- Ideally, you will also have the chance to work on a variety of retirement-related projects aligned with current U.S. market requirements.

What we look for

A self-motivated individual with a proactive attitude and the ability to work independently while engaging with various EY stakeholders.

Disclaimer: This job description has been sourced from a public domain and may have been modified by Naukri.com to improve clarity for our users. We encourage job seekers to verify all details directly with the employer via their official channels before applying.

📌 Actuarial Services - Staff (Noida)
🏢 EY
📍 Noida