Senior Actuarial Trainee (BPA Operations) – 28513

This role would be to join the actuarial student scheme, the first rotation for this role will be within the Data team within Operations of the Bulk Purchase Annuities service line, supporting the analysis of executed bulk annuity policies.Location: LondonCategory: BPA AnalystType: PermanentKey Duties (Including but not limited to):Responsibility for the benefit modelling of schemes and accurate & complete data manipulation. This also includes premium true-up calculations.Provide appropriate support to managers and others to implement recommendations/facilitate change to support the requirements of the business.Support the transition of bulk schemes through to Buy Out including the data verification processes. This includes attending external calls where appropriate.Ensure familiarity with risk management programs, and follow appropriate risk management procedures to control, monitor and report on business activities.Actively study for the qualification as an FIA (or equivalent).Student actuary who has Defined Benefit pensions experience. This could be through a pensions consultancy, an in-house pensions team, or prior Bulk Purchase Annuities experience.Basic knowledge of GMP equalisation is desirable but not essential.Good knowledge of MS Excel.Understanding and ability to implement/maintain an actuarial control framework and meet governance requirements. #J-18808-Ljbffr