Job Information
WTW Senior Retirement Actuarial Specialist in Taguig, Philippines
As a Retirement Specialist for Consulting supports the delivery of quality Retirement solutions covering plan valuations, design & review including plan conversions, plan administration, and other retirement benefit services. The Retirement Specialist/Consultant may also get involved in insurance, health, and other risk projects requiring actuarial support.
Performance Objectives:
Provides technical assistance to the Consultant/Senior Consultant in the following areas:
Data preparation, validation & reconciliation
Assumption setting
Actuarial valuation of retirement plans, including the use of WTW standard valuation software.
Analysis of valuation results
Plan benchmarking, design, and costing
Retirement plan set-up, review, and harmonization
Benefit projections and individual benefit calculations
Other projects requiring actuarial skills (other employee benefits, insurance, HMO, etc.)
Prepares the following reports:
Actuarial valuation reports for local funding and accounting standards (local and international) purposes
Comparative plan summaries upon request of clients
Drafting of plan rules
Presentation and sales materials
Assists the Consultant/Senior Consultant in the presentation of results.
May act as the lead and client’s main contact person within WTW.
The Requirements:
+3 years experience conducting core valuation work in a client-service-oriented environment with large corporate defined benefit plans; defined contribution plan experience a plus
Proven experience managing multiple projects within prescribed project guidelines
Strong client relationship, interpersonal, and team skills
Strong written and verbal communication skills
Ability to ask the right questions and seek help where appropriate
Ability to respond to all communications effectively and on time
Flexibility and proven ability to diagnose and resolve issues; strong client service orientation
Demonstrated leadership qualities
Ability to work both independently and on client teams and enjoy a fast-paced environment
Sense of accountability; owning one’s work and taking pride in it
Self-starter; interest in continually challenging oneself and willing to step outside of one’s comfort zone
Interest and ability to think beyond the task at hand and understand how one’s work fits into the broader landscape
Strong analytical and integrative skills including the ability to draw conclusions and identify trends from data in a logical, systematic way
Excellent Microsoft Office skills, particularly Excel.
Bachelor’s Degree in Actuarial Science, Mathematics, Statistics, or other related fields
Significant actuarial exam progress toward AASP/ASA credentials
Background in accounting, finance, investment, and economics
WTW is an Equal Opportunity Employer
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