|
| |  Posted 8/7/2008 1:25:31 PM | |
| Supreme Being
Group: Administrators
Last Login: 1/29/2007 9:04:03 AM
Posts: 4,199, Visits: 95 |
| Position: Actuarial Student
Company:Consulting Company
Location: Texas
Job ID: 14967
RESPONSIBILITIES:
- Pass actuarial exams (minimal requirement of one course per year)
- Develop rapport with staff-level client contacts and administrators
- Direct client questions to the appropriate team member as needed
- Validate and reconcile participant/member data
- Develop strong use of computer systems (e.g. valuation systems and spreadsheets)
- Update valuation runs for minor changes
- Perform basic pension benefit calculations
- Demonstrate flexibility to work additional hours on occasion when client needs dictate
- Draft basic responses to client queries
- With supervision, provide assistance to others on all basic and some more complex pensions related work (specific examples are set out in the Technical Competency/Skills Required section below)
QUALIFICATIONS:
- Academic background in or aptitude for Actuarial Science, Mathematics, Economics or Statistics
- Generally, 0-3 years of actuarial work experience
- Completion of 1 or more exams
Competencies/Skills
- Calculation of liability gains and losses
- Funding Standard Account amortization schedules
- Schedule B with guidance
- PBGC Schedule A with guidance
- Very basic knowledge of funding methods
- Use of valuation software
- Validation and reconciliation of data
- Ability to read and interpret basic plan documents in order to calculate benefits
- Calculation of benefits and factors with guidance
- Basic knowledge of internal guidance
- Excel actuarial add-in functions and PC Annuity Calculator
Reference Code: 014112
For this entry level position, Hewitt Associates LLC is not accepting resumes from recruiting companies. We therefore recommend that you apply directly for this position at Hewitt Associates LLC. |
| |
|
|