The WealthActuarial team supports Actuaries and Consultants of UK Occupational Pension Schemes with a broad range of actuarial & financial management services like Funding Valuation, Accounting (FRS102/IAS19R), Actuarial reports, Individual member calculations, de-risking projects, etc. We have a client base of 450+ clients, providing more than 50k+ hours of deliverables annually.
Wealth Actuarial is seeking candidates for the following position based in the Mumbai / NCR office:
Lead Specialist – Wealth Actuaria
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We will count on you t
- o:As a releaser of processes, ensure the quality of delivery of all EB actuarial work released to UK actuaries is of high standar
- d.Meeting all service level agreements at least 95% of the tim
- e.Maintaining a high quality of deliverables, ensuring a 95% QC positive trac
- k.Ensuring not more than 2 audit failures within the team. Ensure workflow owners follow the cons ops guidelines and are not subject to audit failure
- s.Maintaining minimum team productivity of 105% and agreed client utilisation targets (in the range of 65%-70%
- ).Ensure constructive and timely feedback is provided for all work completed by self and team member
- s.Initiate and implement improvements to existing processes to bring about greater efficiencie
- s.Implement ideas agreed by the internal management team or the cons ops exe
- c.As owners of templates and portfolio guides, ensure these are regularly update
- d.Through automation, provide suggestions to reduce should take time
- s.Contribute to EB / KS wide projects. As an individual, work on one project within the tea
- m.Provide bandwidth to team members to meaningfully contribute to project wor
- k.Regular, structured and documented 1-1s to provide clear direction on performance levels and career path
- s.Appropriately reward and recognise contribution of team members, creating the right level of visibility for their contributions. Actively represent the team's and employee's success stories to larger platform
- s.Highlight and escalate people issues through the right channels. Ensure solutions are identified and communicated bac
- k.Ensure team attrition is limited to 10% per year, proactively suggest and implement steps to keep this under contro
- l.Work together with the cons ops management team to identify training needs and plans for the tea
- m.Conduct training sessions for the team. Regular follow up and on floor support to team members on technical query resolution, problem solving, soft skill developmen
- t.Provide adequate support through internal and external training sessions for skill development – at least 3 days of training per individual in the year. Liaise with the Technical Manage
- r.Ensure timely delivery of management reports to stakeholders, with 100% compliance to monthly timelin
- esDue diligence, follow up on escalations, negative feedback
s.
What you need to ha
- ve:Graduation in any stream. Should be a member of the Actuarial profession (enrolled to complete actuarial studies at lea
- st)Masters in statistics / maths / Actuarial science (preferr
- ed)Should have successfully cleared 2 to 5 actuarial papers (preferably CT1, C
- T5)Should have undertaken the responsibility of coaching / mentoring team membe
- rs.Essential: 3-5 years of relevant experience in the areas on valuation of pension schemes. Demonstrated track record of providing high quality work, good technical know-how and ability to work on bespoke projects with a te
am.
What makes you stand
- outMasters in Statistics / Mathematics / Actuarial sci
- enceShould have cleared CT1,
- CT5Prior experience in team training / manage
- mentExposure to process automations, MI related activi
- tiesGood communication and interpersonal ski
- lls.Adaptive to organisational culture and business environ
- mentKnowledge of other forms of employee benef
its.
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