Entity:
Customers & Products
Job Family Group:
Finance Group
Job Description:
BP Pension Trustees Limited (the Trustee or BPPTL) is the corporate trustee that handles the BP Pension Fund (the Fund), bps UK defined benefit pension fund. The Fund, with assets of c.£18bn and c.57,000 members, is one of the UKs largest private sector pension funds.
The Fund is developing its long-term strategy for delivering members benefits taking into consideration recent regulatory developments, including the DB Funding code and impending changes to surplus release legislation, and the evolution of its investment strategy.
In addition, the Fund is implementing strategic decisions already made, including the partial buy-in accomplished in September 2025.
Reporting to the Senior Manager, Actuarial, Fund Operations & Projects, the Senior Analyst, Strategic & Actuarial projects will be responsible for:
1. Supporting the development and implementation of Funds long term strategic objectives, through provision of actuarial input and project planning and co-ordination across multi-disciplinary teams (internal and external)
2. Supporting the Funds compliance with the regulatory requirements for its triennial actuarial valuations, the next one being as at 31 December 2026
3. Supporting the implementation of strateg...