Vick Singh ***** ***a Avenue, Surrey M: 604-***-**** Email: admyft@r.postjobfree.com
Profile
Real Estate Representative – Nationwide Realty Corp.
Submortgage Broker - Jerry Brar Mortgages
Previous - Actuarial Consultant with experience in providing actuarial, investment and de-risking services on Defined Benefit (DB) Pension and Insurance Plans.
Professional Qualifications
Realtor – July 2017 to date
2007 – 2017 Member of the Institute & Faculty of Actuaries, United Kingdom
Exams passes - P, FM, MFE, MLC, C, VEE’s for Corporate Finance, Economics, and Applied Statistics, FAP Modules 1-5, and the FAP Interim Assessment from Society of Actuaries (SOA)
Diploma in Actuarial Techniques
Certificate in Finance and Investment – solid understanding of capital markets and portfolio management and evaluation
2006 Glasgow Caledonian University, Scotland - MSc Actuarial Science – Best student award
2000 Panjab University, Chandigarh – MSc Math
IT Skills: Excellent working knowledge of MS Excel and various pension software
Experience - Real Estate and Mortgage Business
Used innovation, new business models and people skills for marketing in Abbotsford, Mission, Chilliwack and Surrey
Worked with over 50 buyer clients in last 9 months and Listed over 6 properties
Acquired sound inventory knowledge across the full spectrum of residential properties
Expert in market valuation of properties based on comparative market analysis and cost approach to valuation
Self-trained on the mortgage products and tools and their application to the needs to clients depending on their job/self-employed or other financial status
Mortgage advice to clients and worked with co-brokers on mortgages for clients
Employment History
Morneau Shepell, Vancouver – Senior Pension Analyst
August 2016 to November 2017
Joined the team to provide senior support for post-acquisition DB pension administration of a major client’s pension Plan
Initial involvement was to transition the client’s existing Defined Benefits administrative processes to Morneau Shepell following Morneau Shepell’s best practices without impacting the results and quality of the services.
Review termination, retirement and death benefits for the allocated Plan members
Monitor and review queries received from the client and plan members through various portals
Responsible for monthly peer reviewing of financial and non-financial data updates
Financial reporting to the client for each month for reconciliation purposes
Capita Employee Benefits, London, England – Team Manager and Senior Actuarial Analyst
February 2011 - December 2015
Pension and investment work
Highly developed skills in checking triennial actuarial valuations and providing annual updates to the clients on rollover basis
Assistance to actuaries in asset analysis of pension Plans to provide de-risking advice
Checking year end accounting work including FRS17 and IAS19 disclosures for plan sponsors
Sourcing, reviewing membership and asset data for valuations and liaising with fund managers for queries
Preparing S179 valuations for the purpose of calculating government levies on plans
For major clients - Daily checks on the returns on asset classes of Pension fund to monitor the internal rate of return triggers for de-risking purposes
Checking quarterly monitoring reports for DB Plans and investment funds performance
Shared responsibility for signing off Statutory money purchase illustrations (SMPI) advice to trustees of defined contribution plans
Drafting of pre-valuation letters, assumption papers, valuation reports, schedule of contributions, recovery plans etc.
Liaising with actuary, trustees and DB pension admin ensuring that critical steps in actuarial valuations, accounting or other projects are met within desired timescales
Deal with the Pension regulator and submit Plan related certificates includes Contribution plans and levy certificates
Always received excellent periodic feedback from Head of Actuarial Practice for in-depth understanding of DB pensions, thoroughly covering the grounds for any project undertaken and delivering in timely manner.
Responsibilities as a team manager of 13 actuarial and investment analysts including a reporting line of 2 line managers.
The people management part of the role involved:
Workflow management i.e. planning, allocating tasks to team, setting and monitoring cost and time spent on each valuation against allocated time and budget.
Responsibility for preparing management information every month and explaining any issues with the time and cost and agreeing resolves with the team for future.
Responsible for identifying and eliminating inefficient practices within the team by developing clear and defined processes to help achieve high quality and high profit margin work delivered to our clients.
Dealing with the team related matters including recruitments, appraisals and interaction with other parts of the business for resources
Continuous development of central processes and tools to improve business output for example developing spreadsheets for repetitive calculations
Ensuring that the team gets all the support and training from the business to help progress their technical and commercial skills
JLT Benefit Solutions Ltd, Glasgow - Actuarial Analyst (Consulting and Delivery work)
May 2007– January 2011
Preparing actuarial valuation reports, reconciling members’ data, Plan assets and liaise with pension administration for queries and corrections
Working on year end accounting work including FRS17, IAS19 and US GAAP
Interpreting pension plan rules for valuation and other Plan related exercises for example surplus distribution exercises