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WTW Actuarial Valuation Analyst in Manila, Philippines

The Role

Excellence

  • Prepare valuations of pension plans and retiree welfare plans for consulting offices

  • Respond to queries from consultants with respect to plan provisions and valuation results and resolve/escalate any problems or issues

  • Complete work in accordance with accounting standards and government regulations applicable to the plan

  • Utilize detailed tasks and steps to produce quality projects

  • Complete analysis and reconciliations of plan participant data

  • Reconcile plan assets

  • Manages the timeline for some small projects or components of larger projects.

  • Performs technical review of standard/complex projects.

  • Identifies and communicates technical/analytical issues to project teams.

  • Supervises new hires and less-experienced associates on project basis.

  • Allocates/co-ordinates work among project hires, interns and new associates

  • Actively participate in team and project planning and suggests improvements based on observed best practices.

  • Serve as primary doer and liaise effectively with consultants and actuaries regarding data collection and project execution required for global accounting consolidation projects

  • Prepare the first draft of deliverables for review by the consultant in accordance to project deadlines

People

  • Build relationships internally and collaborate effectively on cross-functional teams

  • Demonstrate natural ease and effectiveness when dealing with associates in other Towers Watson offices

  • Provides (ongoing) on-the-job training to project hires, interns and junior associates on routine projects, including basic tools, issues and concepts.

  • Mentors and manages junior associates in regards to budgets, timelines and Excellence standards.

  • Act as feedback provider on performance review of junior associates and new associates for regularization.

Clients

  • Work with Project Leader to ensure that each project is completed on time and meets quality standards

  • Respond to all requests and communications effectively and efficiently

  • Identifies and leads communication with consulting team on project results, providing analysis of results, potential issues and responding to inquiries.

Financial

  • Meet chargeable hours targets

  • Contribute to profitability by preparing project budgets, monitoring own time spent on project and maintaining accurate time records

  • Ensures projects are consistently correct, on-time and within budget. Notifies project manager of potential write-offs and identifies need to modify scope on a project to address unanticipated issues.

  • Increase efficiency within teams by identifying ways to improve processes

  • Allocates/co-ordinates work among project hires, interns and new associates

  • Actively participate in team and project planning and suggests improvements based on observed best practices.

The Requirements

  • Bachelor’s Degree required, preferably in a program with heavy emphasis on mathematics, statistics or engineering

  • Fresh Graduates are welcome to apply

  • Or those with at least 2 years of work experience in a Senior Actuarial role

  • Proven mathematical aptitude

  • Advanced proficiency in Microsoft Office (Word, Excel and PowerPoint)

  • Previous defined benefit pension experience required

  • Well organized and detail oriented, effective time management skills

  • Strong written and verbal communication skills and a demonstrated ability to interact with colleagues at all levels

  • Strong analytical and integrative skills including the ability to draw conclusions and identify trends from data in a logical, systemic way

  • Ability to ask the right questions and seek help where appropriate, good problem solving

  • Strong client service orientation

  • Ability to apply newly acquired knowledge to future assignments

  • Ability to work both independently and on client teams

  • Sense of accountability and ability to display initiative in self development

  • Actuarial exams/designation, a plus

WTW is an Equal Opportunity Employer.

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