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Jobtailor is seeking an actuarial professional to work on defined benefit pensions projects, perform benefit calculation audits, and contribute to data validation and due diligence. You will collaborate with actuaries and consultants to deliver accurate results and draft consulting reports.
The role involves testing calculations, creating proformas, and ensuring an auditable trail of all activities while staying up to date with regulatory developments in pensions.
Work on a wide range of defined benefit pensions projects for DB pensions clients and bulk annuity providers
Conduct benefit calculation audits
Perform data validation, audits, and data improvement or creation projects
Support benefits and data due diligence
Carry out benefit correction and rectification exercises
Create benefit calculation proformas for administration teams
Test calculations against automated results and use pensions knowledge to identify or improve calculation errors
Create or review benefit summary specifications
Document issues and results clearly by email and phone
Liaise with internal contacts across the wider pensions business
Draft consulting reports as required
Work directly with actuaries and consultants within the team and wider actuarial department
Liaise with administration teams to resolve issues pragmatically and accurately
Provide an audit trail for all work activities
Support team workflow management to achieve client delivery
Take responsibility for learning and development and stay current with pensions regulatory developments
Demonstrates expertise in defined benefit pensions projects, including benefit calculation audits, data validation, and collaboration with actuarial teams. Proficient in Excel and familiar with PFaroe actuarial software to support accurate calculations and reporting.