Bpa Actuarial Analyst – 28836

Emerald Group; Aston End; On-site; GBP 42,000 - 64,000; Full time

Job summary

Emerald Group is seeking an actuarial analyst to review pension scheme reports and assemble data schedules and benefit specifications with Scheme Trustees. The role uses actuarial concepts and modelling systems to calculate premiums, true-ups, and member options, supported by spreadsheets and reporting tools.

You will create quality reports to ensure clear understanding of results and enable downstream administration updates, reinsurance accounting, premium changes, and project planning.

Qualifications

• Strong technical skills with an awareness of Defined Benefit pension schemes and the legislative requirements of pension schemes.
• Awareness and basic understanding of the UK regulatory environment.
• Able to build relationships and gain trust and respect at all levels.

Responsibilities

• Review of pension scheme reports/data to put together data schedules and benefit specifications between the Company and Scheme Trustees.
• Using actuarial concepts to calculate premiums and/or premium true-ups, trivial commutations and other member options using actuarial processes, modelling systems, spreadsheets, and reporting tools
• Create quality reports to ensure understanding of results and support downstream administration updates, reinsurance accounting, premium changes, project plans and resource tracking.

Skills

DB pensions

Actuarial modelling

Data analysis

UK regulations

Stakeholder relations

Tools

Spreadsheets

Reporting tools

Modelling systems

Job description

Key Duties (Including but not limited to):

• 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
• 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
• 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:

• Strong technical skills with an awareness of Defined Benefit pension schemes and the legislative requirements of pension schemes
• Awareness and basic understanding of the UK regulatory environment
• Able to build relationships and gain trust and respect at all levels