BPA Senior Actuarial Analyst – 28401

As a Senior Actuarial Analyst in the BPA team you will contribute to the success of the business through an accountable role in one of the BPA sub-teams

• Location: London
• Category: Pensions Actuarial
• Type: Permanent

Key Duties (Including but not limited to):

• Using your understanding of actuarial concepts and models to calculate premiums and/or premium true-ups, trivial commutations and other member options using actuarial processes, modelling systems, spreadsheets and reporting tools
• Review of pension scheme reports/data to agree data schedules and benefit specifications between the Company and scheme trustees. To ensure data and benefit specifications are complete and accurate in all respects including legislative requirements
• Regular use, maintenance & testing of actuarial models and processes for sign off by senior management, ensuring strong governance of models, maintaining up to date processes and control documentation for audit purposes
• Able to operate actuarial systems to produce results including the ability to change parameters and assumptions
• Ability to understand actuarial & financial concepts and their application to their work
• Intermediate to advanced MS excel skills demonstrating efficient use of spreadsheets and advanced data manipulation skills
• Role-specific knowledge such as: experience with actuarial model software, modelling best practices, bulk annuity product knowledge, Solvency II/LICAT knowledge, defined benefit pensions knowledge and modelling cashflows & capital projections

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