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Job Description:
The Trainee Intern position offers an opportunity for professional development and involvement in many areas of Retirement Valuation processing like Gratuity, Leave, LTSA, Provident Fund, Pension, PRMB schemes mainly for Indian Market.
Major responsibilities include:
Works on all stages of the process – from validating data received from the client to liability calculation with the final step of reporting results to the client in the form of actuarial reports
Prepares data validation, preliminary data reconciliation, detailed data query files and sends to reviewer for review
Correctly captures the replies received while formulating the final data to be used for liability valuation
Carries out the valuation run, and cross verifies the results using simple, logical checks
Carefully reviews communication received form the team leader or project manager
Sets up current year directories on network
Adheres to all pre-defined steps while carrying out the work
Projects plan assets if financial statements’ end date is before the valuation date.
Calculates required asset values and rate of return for the inter-valuation period.
Prepares the final valuation report to be shared with the client after collating all the liability results and stats from the software’s
Understands the disclosure requirements and does a broad level analysis to ensure that the numbers entered make sense
Carries out conversion of the valuation runs from the old software to the new software
Demonstrates good understanding of the Indian and International accounting standards
Support in Special Projects (Actuarial and Non-Actuarial) which involve intensive data analytics and client communication.
About Company:
