Gain exposure to high-profile BPA transactions within a market-leading business

Are you a part-qualified actuary, looking to apply your technical prowess within one of the UK's leading Bulk Purchase Annuity businesses? Star Actuarial is currently representing an EXCLUSIVE development opportunity for you, joining the award-winning Pension Risk Transfer function of a major retirement services Group. Gaining valuable skills and expertise working alongside more experienced colleagues, you'll help manage in-force bulk annuity transactions, lead cashflow modelling and pricing activities and deliver complex post-transaction projects with genuine commercial impact. This is an exceptional growth opportunity offering the chance to hit the ground running and play a key role in securing better retirements for thousands of pension scheme members.

Responsibilities

Help manage in-force bulk annuity transactions; lead cashflow modelling and pricing activities; deliver complex post-transaction projects with genuine commercial impact; liaise with key internal and external stakeholders such as Client Services in executing data cleanses, including GMP equalisation implementation and the transition to buyout

Requirements

Part-qualified actuary; strong technical knowledge of DB pensions (including understanding of modelling of GMP benefits, franking and deferred member benefit calculations)

Nice to have

Appreciation of financial services companies and the regulatory environment in which they operate, including Solvency II and the Matching Adjustment; experience of bulk annuity modelling and pricing