Overview
Key Duties (Including but not limited to):
1. Review of pension scheme reports/data to put together data schedules and benefit specifications between the Company and Scheme Trustees. To ensure data and benefit specifications are complete and accurate in all respects including legislative requirements
2. Using your understanding of actuarial concepts and models to calculate premiums and/or premium true-ups, trivial commutations and other member options using actuarial processes, modelling systems, spreadsheets, and reporting tools
3. Create quality reports to ensure strong understanding of results, analysis and to allow the appropriate processing of downstream activities for example, administration updates, reinsurance accounting ,premium changes, project plans and resource tracking
Experience required:
4. Strong technical skills with an awareness of Defined Benefit pension schemes and the legislative requirements of pension schemes
5. Awareness and basic understanding of the UK regulatory environment
6. Able to build relationships and gain trust and respect at all levels