Pension Pricing Lead (Actuary)

Due to growth my client, a leading financial services company, are currently seeking a nearly or newly qualified actuary to join their pricing team

The role involves checking the preparation and analysis of Defined Benefit (DB) pension scheme data for pricing, including methods and assumptions for addressing data gaps – duties will include:

• Checking the modelling of DB pension scheme cashflows using valuation systems.
• Supporting and mentoring junior members of the team.
• Investigating factors affecting pricing assumptions.
• Carrying out BPA pricing, including Solvency II, UK GAAP and IFRS17 reporting.
• Provide appropriate support to managers and colleagues to implement recommendations/facilitate change in the pricing models.
• Ad hoc tasks as required.
• Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards as expected.

Applicants are likely to be nearly or newly qualified Actuaries with knowledge of defined benefit pension schemes, annuity pricing, and bulk purchase annuities. Experience of pension / cashflow modelling would be advantageous.

This is a great opportunity to join an award winning company offering a great working environment and excellent prospects for career development.