Actuarial Associate

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Full time
Location: Romford
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Job offered by: HCLTech
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Category:
Job Description

Job Title:

Actuarial Administrator Location:

Romford Job Overview:

Delivering accurate and compliant actuarial calculations and technical support to internal operational teams and external clients. Experience: Good knowledge of Microsoft Office, particularly Microsoft Excel Working in the financial services sector Working within the insurance or pensions industry Experience with Structured Query Language (SQL) Qualifications: Maths A-Level at grade B or above BSc in a mathematical or financial subject About Us:

HCL Insurance BPO Services Limited provides business process outsourcing services. We offer life and pension administration services, including policy administration and claims handling on behalf of our clients. Key Tasks and Responsibilities: Deliver accurate and compliant actuarial support to Operational Teams and external clients to achieve or exceed service standards. Calculate both complex lifecycle and non-lifecycle referrals. Provide support for Operations on a wide range of technical actuarial queries. Review system specifications and test calculation functionality when necessary. Ensure that all enquiries are recorded correctly on the Company Work Management System for proper scheduling and audit trails. Complete regular actuarial support tasks. Ensure full procedures are in place. Process work (ALPS & Non-ALPS) in line with agreed BPO formats and exceed quality standards for correctness and fairness. Participate fully in departmental and team meetings to relay information, promote effective communication, and suggest process improvements. Work within industry compliance and legislative requirements under the guidance of the Team Leader, ensuring compliance with controls and procedures. Customer Commitment: Demonstrate commitment to treating customers fairly through behaviours and results, including managing expectations and communicating in clear, plain English. Ensure business operating systems are used correctly and professionally. Be aware of the company complaint and incident identification procedures and act upon them immediately to minimize regulatory breaches and customer/client detriment. Ensure regulatory and audit requirements are met. Be aware of data security from a customer and business perspective, taking responsibility for preventing fraudulent activity. Undertake any other duties as deemed appropriate by your Team Leader. Ensure personal and business objectives align with the departmental business plan and monitor success.

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Industry: IT Services and IT Consulting
Employees: 10,001+
Annual Revenue: €11.54B
Founded: 1998
Address: 70 Gracechurch Street, 6th Floor, London, England, GB, EC3V 0XL

HCLTech is a global technology company, home to more than 218,000 people across 59 countries, delivering industry-leading capabilities centered around digital, engineering, cloud and AI, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, Technology and Services, Telecom and Media, Retail and CPG, and Public Services. Consolidated revenues as of 12 months ending June 2024 totaled $13.7 billion. To learn how we can supercharge progress for you, visit hcltech.com.

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