Overview
In this role you will join the Technical Loading Team to onboard complex Defined Benefit schemes and provide actuarial assurance for in-house administration platforms. You will translate complex scheme rules into practical calculation logic, sign off actuarial outputs, and help shape governance and controls around loading. The role blends actuarial expertise with pension technology, offering a hands-on opportunity to influence GMP equalisation and system design. You’ll work closely with cross-functional teams in a hybrid setup to deliver accurate, well-governed calculations aligned to our pension ambitions.
Pay / Benefits
- annual bonus plan
- share schemes
- generous pension contribution
- life assurance
- Healthcare Plan
- 27 days holiday
Responsibilities
- Oversee actuarial loading and validation of complex Defined Benefit schemes
- Interpret scheme rules, benefit specifications, factors and calculation methodologies
- Review and sign off actuarial rules, assumptions, calculations and system outputs
- Support the design and testing of GMP Equalisation functionality
- Translate actuarial requirements into practical system specifications and calculation logic
- Provide clear decisions and guidance on complex actuarial issues
- Improve governance, controls, testing and auditability across the loading process
- Collaborate across the PRT function with colleagues from relevant teams
Key requirements
- Qualified Pensions Actuary (or equivalent experience)
- Strong technical knowledge of Defined Benefit pension schemes
- Experience interpreting complex benefit structures and scheme documentation
- Strong mathematical and analytical capability
- Confidence reviewing actuarial calculations and providing professional assurance
- Ability to explain complex actuarial requirements clearly to technical and operational colleagues
- Interest in pension technology, systems, testing or platform development
- Sound judgement and a collaborative, customer-focused approach
- collaboration
- clear communication
- customer-focused approach
- Defined Benefit pension schemes
- actuarial calculations and modelling
- GMP Equalisation functionality
Defined Benefit - Technical Loading Actuary/Manager in Hove employer: Legal and General
Legal & General (L&G) is an exceptional employer that prioritises employee growth and well-being, offering a collaborative work culture where innovation thrives. As a Senior Azure Platform Engineer, you'll have the opportunity to work with cutting-edge technologies in a supportive environment that values flexibility and personal development, ensuring you can achieve both professional and personal goals while contributing to meaningful financial solutions for millions of customers.
