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Retirement Actuary - Associate Experienced

Company: Aon
Location: New York
Posted on: September 14, 2019

Job Description:

Job Family US-NY-New York

POSTING DESCRIPTION

Aon Is Looking For a Retirement Actuary - Associate Experienced



As part of an industry-leading team, you will help empower results for our clients by delivering innovative and effective solutions as part of our Retirement and Investment Consulting business group within Aon's New York, NY office.



Your Impact as a Retirement Actuary - Associate Experienced



Job Responsibilities:

* Pass actuarial exams (minimal requirement of one course per year)

* Solid administration and staff-level client relationships; developing some relationships with higher level client contacts

* Able to answer some client questions without reliance on lead actuary

* Completes some work through others (i.e. delegation)

* Beginning to play a role in client meetings

* Prepare contribution requirements and accounting costs, with some oversight

* Update valuation runs for any changes and program provisions from scratch

* Interpret valuation results and provide initial recommendations to lead actuary

* Perform more complicated or review more simple pension benefit calculations

* Coach/train entry level students

* Demonstrate flexibility to work additional hours on occasion when client needs dictate

* Draft original materials (e.g. letters, reports, discussion guides) with some guidance



You Bring Knowledge and Expertise

* Pass actuarial exams (minimal requirement of one course per year)

* Solid administration and staff-level client relationships; developing some relationships with higher level client contacts

* Able to answer some client questions without reliance on lead actuary

* Completes some work through others (i.e. delegation)

* Beginning to play a role in client meetings

* Prepare contribution requirements and accounting costs, with some oversight

* Update valuation runs for any changes and program provisions from scratch

* Interpret valuation results and provide initial recommendations to lead actuary

* Perform more complicated or review more simple pension benefit calculations

* Coach/train entry level students

* Demonstrate flexibility to work additional hours on occasion when client needs dictate

* Draft original materials (e.g. letters, reports, discussion guides) with some guidance



Technical Competencies/Skills

* Valuation programming on ProVal system

* Basic knowledge of funding methods

* Use of valuation software, tailoring, and programming

* Minimum and/or maximum funding calculations

* Reconciliation of liability gains and losses



Education:

* Academic background or aptitude in Actuarial Science, Mathematics, Economics or Statistics

* 2+ years of actuarial work experience and completion of several exams, possibly an ASA or EA



Aon provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, or domestic partner status. Aon is committed to a diverse workforce and is an affirmative action employer.

Keywords: Aon, New York , Retirement Actuary - Associate Experienced, Accounting, Auditing , New York, New York

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