Raj Parmar
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Raj Parmar Email & Phone Number

Actuarial Trainee at BWCI Group
Location: Edinburgh, Scotland, United Kingdom 3 work roles 3 schools
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Current company
Role
Actuarial Trainee
Location
Edinburgh, Scotland, United Kingdom
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Who is Raj Parmar? Overview

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Raj Parmar is listed as Actuarial Trainee at BWCI Group, a with 99 employees, based in Edinburgh, Scotland, United Kingdom. AeroLeads shows a matched LinkedIn profile for Raj Parmar.

Raj Parmar previously worked as Pension Technician at Wesleyan and Associate at Thanawala Consultancy Services. Raj Parmar holds Master Of Science - Ms, Actuarial Management, 2:1 from Heriot-Watt University.

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BWCI Group

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Profile bio

About Raj Parmar

Starting my journey in numbers and risk, I tackled key papers from IFoA—CT1, CT5, CS1, CS2, CB1, and CB2, setting the stage for my actuarial career.At Thanawala Consultancy Services in Mumbai, I delved into Actuarial Management, handling valuations for various Employee Benefit Schemes, including Defined Contribution (DC), Defined Benefit (DB), and other employee-related benefit plans.Working across different areas, I refined my skills in actuarial calculations and analysis, ensuring accurate and timely reports for a diverse set of clients. This journey provided valuable insights and growth opportunities.With an MSc in Actuarial Management from Heriot-Watt University, securing a 2:1 degree, I gained exemptions for Core Modules (CM2, CP1, CP2, CP3) and Specialist Principle modules (SP2 - Life Insurance & SP4 - Pensions & Other Benefits) from IFoA.At Wesleyan, I maintain accurate databases, handle complex member and third-party queries, and ensure benefits are disbursed according to plan rules and legislation. I also conduct data analysis to identify and correct inaccuracies, collaborating with the administration systems provider for precise calculations.Now armed with a mix of academic knowledge and practical experience, I'm ready to contribute to the world of actuarial excellence. Let's connect and explore mutual growth!

Current workplace

Raj Parmar's current company

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BWCI Group
Bwci Group
Actuarial Trainee
Saint Peter Port, Guernsey
Website
Employees
99
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3 roles

Raj Parmar work experience

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Actuarial Trainee

Saint Peter Port, Guernsey

Pension Technician

Birmingham, England, United Kingdom

As a Pensions Technician at Wesleyan, I maintain accurate databases and systems to reflect scheme members' details. I handle incoming communications from members and third parties, efficiently resolving complex queries. Additionally, I collaborate with the administration systems provider to ensure precise calculations and stay current with all aspects of pensions administration and legislation, sharing this knowledge across the team. My role also involves conducting data analysis to identify and correct inaccurate transactions, and ensuring benefits are disbursed in accordance with plan rules and legislative requirements.

Associate

Thanawala Consultancy Services

Mumbai, Maharashtra, India

As an Actuarial Associate at Thanawala Consultancy Services, I navigated a dynamic role, conducting valuations for diverse Employee Benefit Schemes. Managing a portfolio of 300+ clients, I oversaw liabilities exceeding INR 650 million, spanning DB and DC schemes. My commitment to client satisfaction yielded an 85% retention rate and a notable 50% referral rate.In high-pressure quarters, I exceeded expectations, delivering 10-15 daily actuarial reports with an error rate below 2%. Precision and timeliness were ingrained, with a data accuracy rate exceeding 95%. Beyond technical expertise, I contributed to robust record-keeping systems, ensuring meticulous maintenance of benefit records.A key contributor to the design and implementation of efficient actuarial models, I assumed a mentoring role, training colleagues and fostering a 30% increase in team productivity. Communication skills were honed, explaining complex actuarial approaches to diverse stakeholders.My journey at Thanawala was holistic, providing comprehensive knowledge of Employee Benefit Schemes and practical application in real-world scenarios.

Feb 2021 - Feb 2022
Team & coworkers

Colleagues at BWCI Group

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3 education records

Raj Parmar education

Master Of Science - Ms, Actuarial Management, 2:1

Core Modules: CM2, CP1, CP2, CP3 Specialist Principle modules: SP2(Life Insurance) & SP4(Pensions & Other Benefits)

Bachelor Of Commerce - Bcom, Business/Commerce, General, 1St Class

Concentrations : Commerce, Business Economics, Financial Accounting, Cost Accounting, Direct & Indirect Taxation, Export Marketing

Actuarial Science

Passed : Old curriculum : CT1 & CT5 (CM1) New curriculum : CS1, CS2, CB1 and CB2 Exemptions : CM2 ,CP1, CP2, CP3, SP2 and SP4

FAQ

Frequently asked questions about Raj Parmar

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What company does Raj Parmar work for?

Raj Parmar works for BWCI Group.

What is Raj Parmar's role at BWCI Group?

Raj Parmar is listed as Actuarial Trainee at BWCI Group.

Where is Raj Parmar based?

Raj Parmar is based in Edinburgh, Scotland, United Kingdom while working with BWCI Group.

What companies has Raj Parmar worked for?

Raj Parmar has worked for Bwci Group, Wesleyan, and Thanawala Consultancy Services.

Who are Raj Parmar's colleagues at BWCI Group?

Raj Parmar's colleagues at BWCI Group include Lian Mclaughlin, Gordon Mckee, Megan Wilson, Christopher Ferry, and Tom Paul.

How can I contact Raj Parmar?

You can use AeroLeads to view verified contact signals for Raj Parmar at BWCI Group, including work email, phone, and LinkedIn data when available.

What schools did Raj Parmar attend?

Raj Parmar holds Master Of Science - Ms, Actuarial Management, 2:1 from Heriot-Watt University.

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