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Team Manager Analyst

Location:
Surrey, BC, Canada
Posted:
June 05, 2021

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Resume:

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



Contact this candidate