Actuarial Manager - 27840

Posted 17 days 23 hours ago by The Emerald Group

Permanent
Not Specified
Banking & Financial Services Jobs
London, United Kingdom
Job Description

In this role, you will be responsible for ensuring the actuarial review and testing of a new tool for calculating member options, including the design and review of the underlying actuarial factors.

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

Key Duties:

  • Providing actuarial input into the design of the testing framework surrounding a new tool being developed to calculate member options
  • Applying actuarial techniques to ensure the cost neutrality of all options, incorporating GMP equalisation
  • Working closely with colleagues across PRT to agree timescales for the review of system developments - for example, to value new benefit structures or recognize legislative change
  • Ensuring the highest standards of rigor and robustness are applied to ensure the accuracy of their automated systems in different circumstances
  • Conducting an annual review of the actuarial methods employed in the determination of actuarial factors
  • Excellent knowledge of Defined Benefit pension schemes and associated valuation techniques
  • Strong experience in technical actuarial roles and/or system development