Divyang Varsani
About Divyang Varsani
Divyang Varsani is an Actuarial Analyst at Milliman in Wayne, Pennsylvania, with nine years of experience in the field. He specializes in pension analysis, non-discrimination testing, and compliance with various regulatory requirements.
Work at Milliman
Divyang Varsani has been serving as an Actuarial Analyst at Milliman since 2015. Based in Wayne, Pennsylvania, he is part of the Employee Benefits team, focusing on pensions analysis and calculations. His responsibilities include performing non-discrimination testing for Defined Benefit and Defined Contribution plans, as well as GASB valuations for OPEB plans using ProVal. He also prepares essential government forms such as 5500, 990, and NOPBs, along with PBGC filings. His work ensures compliance with various regulations, including ERISA and the Pension Protection Act.
Previous Experience
Before joining Milliman, Divyang Varsani worked at Aon as an Actuarial Analyst from 2012 to 2014 in Noida Area, India. He also held a position as a Pension Analyst at Lane Clark & Peacock for 9 months in London, United Kingdom, from 2014 to 2015. His previous roles contributed to his expertise in actuarial practices and pension analysis.
Education and Expertise
Divyang Varsani earned a Bachelor of Science (BSc) in Actuarial Science and Mathematics from The University of Manchester, studying from 2008 to 2011. He furthered his education by obtaining a Master of Science (MSc) in Investment Management from Cass Business School, completing his studies in 2015. His educational background provides a strong foundation for his work in actuarial analysis.
Professional Qualifications
Divyang Varsani has demonstrated his actuarial expertise by passing several key exams. He has completed the Enrolled Actuary exams EA-1, EA-2L, and EA-2F, which cover basic mathematics, pension law, and funding methods. Additionally, he has passed multiple Society of Actuaries exams, including Exam P, FM, STAM, and SRM, along with VEE requirements in Economics and Mathematical Statistics.
Specialized Skills
In his role, Divyang Varsani handles withdrawal liability calculations for multi-employer plans, ensuring compliance with various regulatory frameworks, including FASB, GASB, and the Department of Labor. His specialized skills in actuarial funding and accounting valuations for both single and multi-employer plans enhance his contributions to the field of employee benefits.