They are looking for, a key member of the Bulk Purchase Annuity (BPA) Pricing team undertaking a variety of different tasks
Overview
Key duties (including, but not limited to):
- Leading the pricing of BPA transactions from initial triage through to deal execution
- Checking the preparation and analysis of Defined Benefit (DB) pension scheme data for pricing, including methods and assumptions for addressing data gaps
- Checking the modelling of DB pension scheme cashflows using valuation systems
Qualifications required:
- Qualified Actuary or nearly qualified with relevant experience either continuing exams or stopped
Experience required:
- Over 4 years of experience of working in DB pensions at an Employee Benefit Consultancy (EBC) or in the BPA team at an insurer / reinsurer
- Experience of DB pension modelling
- Experienced in insurance BPA cashflow modelling and pricing or experience of pension scheme buy-outs in a risk transfer team at an EBC is desirable