Associate Retirement Benefits Officer

Join Our Mission to Foster Prosperity in Asia

Are you ready to make a lasting impact on the future of Asia and be a catalyst for positive change? We are thrilled to offer a unique opportunity to become an important part of the prestigious Asian Development Bank (ADB). At ADB, our mission is simple yet powerful: to alleviate poverty and promote sustainable development in the Asia-Pacific region.

Organizational Setting and Reporting Relationship

The position is assigned to the Retirement Benefits and Investment Unit (BPOD-RIU) within the Budget, People and Management Systems Department (BPMSD). You will be based at our Headquarters in Manila, Philippines.

You will report to designated International Staff.

Your Role

As Associate Retirement Benefits Officer, you will provide analytical and technical support in benefits policy development and administration, plan analysis, modelling and valuation, and secretariat functions for the Staff Retirement Plan (SRP), Defined Contribution Plan (DCP), and post-retirement benefits programs. You will contribute to data analysis, reporting, and coordination with internal and external stakeholders to support plan governance and operations.

You Will

• Conduct quantitative, legal, or financial analysis and support the development, justification, and implementation of SRP/DCP policy proposals, including related instructions.
• Support stakeholder discussions and prepare materials for approval.
• Perform actuarial, financial, and demographic modelling and analysis of the SRP, DCP, and post‑retirement medical programs.
• Collect, reconcile, and prepare data for actuarial valuations and prepare ad-hoc reports, data submissions, benchmarking and scheme reviews.
• Support SRP/DCP secretariat work, including preparation of analyses, studies, policies, memoranda, reports, minutes, and materials for committee and bilateral meetings.
• Support actuarial valuation processes and prepare membership, discretionary benefits (XB), and disbursement data; respond to actuaries/auditors; analyze movements; contribute to DCP administrator and fund reviews.
• Support delivery of benefit information sessions and preparation annual reports, knowledge articles, announcements, and other communications for staff and retirees.
• Provide support to Pension Administration (data requests, reviews, complex calculations, policy interpretation, cost-of-living adjustments) and Investment Team (asset‑liability management software, cashflow projections and actuarial studies).
• Provide operational and administrative support (liquidity management, audits, budgets, forecasts, workforce analysis), improve IT processes, calculation procedures and coordinate with internal and external stakeholders.
• Perform other duties as assigned, as reflected in the incumbent's workplan.
  
  

You Will Need

• Bachelor's degree in Actuarial Science, Mathematics, Statistics, Physics, Computer Science, Business Administration, Finance, Accounting or related fields; actuarial training or Master's degree is preferred.
• At least 5 years of relevant professional experience in actuarial functions, pension fund, international (re)insurance, risk management firms, banking operations, administration or accounting. Experience in relevant fields may also be considered.
• Experience in quantitative analysis and in preparing, reviewing, and editing reports, policy, memoranda, and other written outputs in English.
• Proficiency in digital tools for data entry, extraction, validation, reconciliation, and reporting, with advanced Excel skills (custom formulas, Pivot tables, data model, Power Query). Experience with actuarial, risk management, or asset-liability management systems, and coding or scripting for automation and modeling.
• Experience identifying process gaps and implementing improvements, including streamlining workflows, introducing automation, and documenting controls to strengthen robustness and auditability.
• Project management skills, including defining scope, timelines, and priorities; manage stakeholder engagement and communications; track progress; prepare documentation; and delivering outputs within agreed timelines.
• Knowledge of business protocols, formats and standards relevant to the role.
• Experience managing multiple workstreams and stakeholders, handling confidential information, and escalating issues with clear supporting recommendations.
• Good general understanding of our organization's purpose.
• Please refer to the link for ADB Competency Framework for Technical Local Staff grade 4.
  
  

Benefits

ADB offers competitive compensation and a comprehensive benefits package . The salary will be based on ADB’s standards and comparator markets, taking into account your qualifications and experience.

• Paid leave (including parental)
• Medical and health benefits
• Life and other insurance plans
• Staff development
• Retirement plan
  
  

Additional Information

This appointment is open to internal and external applicants.

This is a fixed-term appointment for an initial fixed period of 3 years. At the end of the initial period, this appointment may, at the option of ADB, be extended once for up to 2 years, converted to a regular appointment, or ended on its expiration date. This decision will be made in the overall interest of ADB that: (a) it will require Staff’s particular blend of skills and experience in the foreseeable future; and (b) Staff’s performance is satisfactory and they are suitable for further employment.

About Us

ADB is a leading multilateral development bank supporting inclusive, resilient, and sustainable growth across Asia and the Pacific. Working with its members and partners to solve complex challenges together, ADB harnesses innovative financial tools and strategic partnerships to transform lives, build quality infrastructure, and safeguard our planet. Founded in 1966, ADB is headquartered in Manila and owned by 69 members—50 from the region.

ADB only hires nationals of its 69 members .

To view ADB Organizational Chart, please click here .

ADB seeks to ensure that everyone is treated with respect and given equal opportunities to work in an inclusive environment. ADB encourages all qualified candidates to apply regardless of their racial, ethnic, religious and cultural background, gender, sexual orientation or disabilities. Women are highly encouraged to apply.

Visit ADB Careers FAQ for more information.


Primary Location: Asian Development Bank Headquarters-Philippines-Manila

Department: Budget, People, and Management Systems Department

Staff Category: Technical Local - HQ

Position Level: TL4

Job Posting: 01-Jul-2026, 5:50:57 PM15-Jul-2026, 11:59:00 PM

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