Job Description

Posting Description:Job Title- Analyst xe2x80x93 Retirement ActuarialARL- 8Position type- Full TimeWork Location- Gurugram, NoidaWorking style- HybridCab Facility- YesShift Time xe2x80x93 12:00 pm xe2x80x93 9:00 pmPeople Manager role: NoRequired education and certifications critical for the role-

• Graduate in Mathematics\Statistics\ Economics (2024/2025 Batch Only)
• Active student member of the Institute of Actuaries, UK / India and should have cleared at-least one core technical actuarial exams (or equivalently completed an actuarial certification course like ACET)
• Knowledge of CM1 is preferred

Required years of experience xe2x80x93

• Fresher to 12 months experience.

AON IS IN THE BUSINESS OF BETTER DECISIONSAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world.As an organization, we are committed as one firm to our purpose, united through trust as one inclusive, diverse team and we are passionate about helping our colleagues and clients succeed.INFORMATION ABOUT THE BUSINESSAs a leader in pension and retirement strategies, we partner with clients to create solutions that aim to enhance financial security and deliver better outcomes. Aonxe2x80x99s actuarial professionals deliver accurate and timely advise to trustee and company of define benefit pension plans. Our insights guide clients through strategic decisions about plan options, improvements, and possible outcomes.GENERAL DESCRIPTION OF ROLE:Collect and analyze large datasets related to retirement plans, pension schemes, and other relevant financial information. Use statistical techniques and actuarial models to interpret and evaluate the data.JOB RESPONSIBILITIES:

• Actuarial Calculations: Do actuarial calculations, such as funding update, accounting disclosures, GMP equalization and member queriers. Use actuarial software and tools to perform actuarial valuations and projections.
• Regulatory compliance: Stay updated with the relevant regulations, guidelines, and legislation affecting retirement plans and pension schemes in the UK. Ensure compliance with regulatory requirements and assist in preparing reports and documentation for regulatory bodies.
• Communication and reporting: Prepare reports, presentations, and summaries of actuarial findings for internal stakeholders, senior management, and clients. Clearly communicate complex actuarial concepts and results to non-technical audiences.
• Work closely with other members of the retirement team, including actuaries, analysts, and consultants, to support the overall objectives of the team.
• Professional development: Stay updated with the latest developments and best practices in the actuarial field, including attending seminars, workshops, and pursuing relevant professional certifications.

SKILLS/COMPETENCIES REQUIRED

• Logical and problem-solving skills
• Proficiency in MS office tools such as MS Excel and MS Word
• Strong analytical and mathematical skills, with a keen eye for detail
• Ability to communicate effectively with internal and external stakeholders
• Strong organizational skills to manage multiple projects and deadlines efficiently
• Ability to work in a team and collaborate effectively with colleagues from diverse backgrounds

HOW WE SUPPORT OUR COLLEAGUESIn addition to our comprehensive benefits package, we are proud to be an equal opportunity workforce. At Aon, we believe a diverse workforce is an innovative workforce. Our agile, inclusive environment allows colleagues to manage their wellbeing and work/life balance while empowering you to be your authentic self.Furthermore, all colleagues enjoy two xe2x80x9cGlobal Wellbeing Daysxe2x80x9d each year, encouraging them to take time to focus on themselves. We offer a variety of workstyle options through our Smart Working model, but we also recognize that flexibility goes beyond just the place of work... and we are all for it!Our continuous learning culture inspires and equips colleagues to learn, share and grow, helping them achieve their fullest potential. As a result, Aon colleagues are more connected, more relevant, and more valued.COMMITMENT TO SUSTAINABILITYxe2x80x9cAon is dedicated to integrating sustainability into our core business practices. We strive to minimize our environmental impact through innovative solutions and responsible stewardship, ensuring a sustainable future for our clients and communities.xe2x80x9d#LI-SJ1

Aon