- Understanding US pension system, IRS regulations and through knowledge on their segment of the pension operation
- Process, validate and update data in the actuarial and financial models.
- Prepare and analyze actuarial and financial reports for US Pension clients.
- Prepare the reports and share observations with the checker.
- Liaison with onshore consultants for any data or project related queries resolution along with checker.
- Participate and contribute in any special project requirements.
- Carryout pension benefit calculations and valuations.
- Master’s degree or equivalent qualification in Actuarial Sciences
- Should have a good knowledge on basic actuarial concepts
- Excellent interpersonal skills, strong oral and written communication skills.
- Ability to prioritize and handle multiple tasks in a demanding work environment
- Ability to multitask, self-starter.
- Actuarial Exam progress is required.
- Excellent analytical, problem solving and interpretational skills.
- Sound knowledge of mathematics, statistics and possess good modeling skills
- Good command on MS office applications (MS-Excel, MS-Word)
- Working knowledge in retirement tools such as “Relius”, “And ProVal” is an added advantage – for experienced candidates only
- Preparation of AFTAP & Annual Valuation Report
- Preparation of PBGC government filing
- Preparation of Annual Funding Notice
- Prepare signature-ready IRS Form 5500
- Form 5500 Schedules
- FASB / ASC 715 reporting
- Preparing Disclosure on IAS 19R/US GAAP
- Should have some knowledge of OPEB/PRM plans (added advantage)
- TV/Retirees Cash out Calculations
- Age 70½ required minimum distribution requests
- Process Special accounting calculations
Compensation and benefits
On top of a competitive salary, great teams and exciting career opportunities, we also offer a wide range of benefits.
Below are the minimum core benefits you’ll get, depending on your job level, these benefits may improve:
- Medical Insurance and Parental Medical Insurance
- Accidental Insurance and Life Insurance
- Retirals - Employee Gratuity, Future Service Gratuity benefit - Group Term Life, Employee Provident Fund, National Pension Scheme
- Flexi Benefits Plan – Tax Savings Plans
- Annual Leave/ Maternity & Paternity Leave/ Additional paid ML, Mental Health Day
Other benefits include:
- Employee Wellness Programs
- Training programs
- And more..
We value inclusion and diversity
Inclusion and diversity (I&D) is a core part of our business, and it’s embedded into the fabric of our organization. For more than 95 years, Gallagher has led with a commitment to sustainability and to support the communities where we live and work.
Gallagher embraces our employees’ diverse identities, experiences and talents, allowing us to better serve our clients and communities. We see inclusion as a conscious commitment and diversity as a vital strength. By embracing diversity in all its forms, we live out The Gallagher Way to its fullest.
Equal employment opportunity will be extended in all aspects of the employer-employee relationship, including, but not limited to, recruitment, hiring, training, promotion, transfer, demotion, compensation, benefits, layoff, and termination.