Senior Actuarial Analyst

About Us

We believe that every candidate brings something special to the table, including you! So, even if you feel that you're close but not an exact match, we encourage you to apply. We'd be thrilled to receive applications from exceptional individuals like yourself.

Gallagher, a global industry leader in insurance, risk management, and consulting services, boasts a team of over 50,000 professionals worldwide. Our culture, known as The Gallagher Way, is driven by shared values and a passion for excellence. At the heart of our global operations, the Gallagher Center of Excellence (GCoE) in India, founded in 2006, upholds the values of quality, innovation, and teamwork. With 10,000+ professionals across five India locations, GCoE is where knowledge-driven individuals make a significant impact and build rewarding, long-term careers.

Responsibilities

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.

Qualifications

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 70 required minimum distribution requests

Process Special accounting calculations

Full time