Due to continued growth in our award-winning Pension Risk Transfer business, we are seeking a number of Qualified Pensions Actuaries to join our PRT Client Services function as a Calculations Manager.
As a Calculations Manager, your main responsibility will be to provide subject matter expertise and support to the team in relation to manual calculations, complex benefit structures, and other technical aspects crucial for the smooth administration and ongoing management of our Defined Benefit Pension schemes.
This role is ideal for someone with demonstrable technical DB pensions experience who is a strong communicator and enjoys working as part of a high-functioning team delivering great outcomes for our customers daily.
This is a hybrid working opportunity, allowing you to split your week between home and our Hove offices for a better work/life balance.
What you'll be doing:
* Checking individual Defined Benefits quotations and non-standard communications to ensure efficient administration and claims service
* Leading projects, initiatives, and process improvements using your technical expertise
* Facilitating activities such as valuations, data updates, and bulk transfers
* Managing onboarding of new DB Pension schemes as a Subject Matter Expert
* Supporting growth by creating efficient, compliant processes that ensure reliable outcomes
* Producing and analyzing MI to monitor customer outcomes quality
* Training and guiding the Calculations Team to develop their skills
Who we're looking for:
* A Qualified Pensions Actuary with experience and knowledge of DB Pension Schemes
* Understanding of DB scheme structures, administration, and legislation
* Excellent customer orientation and relationship management skills
* Ability to prioritize workload and meet deadlines across projects and BAU
* Awareness of risks faced by the calculations team and proactive risk mitigation
* Strong communication skills (written and verbal)
* Ability to deliver accurate, cost-effective solutions and train others
Benefits:
* Participation in performance bonuses and share schemes
* Generous pension contributions
* Life assurance and healthcare
* 27 days holiday plus public holidays, with buy/sell options
* Family leave policies
* Electric car scheme via salary sacrifice
* Discounts on products and services
* Modern, wellbeing-focused office spaces
Additional Information
At L&G, we foster an inclusive culture with flexible working options. We value your strengths and potential, even if you don't meet every criterion. Join us to be part of a purpose-driven team committed to positive outcomes and your development.
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