BPA Actuarial Analyst – 28836

Emerald Group Ltd; Greater London, Bristol; On-site; GBP 60,000 - 80,000; Full time

Job summary

A financial services company in Greater London seeks an individual skilled in pension scheme analysis and actuarial processes. The ideal candidate will review pension reports, ensure compliance with legislative requirements, and build trusted relationships at all levels. This role emphasizes strong technical skills and quality report generation.

Qualifications

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

Responsibilities

• Review pension scheme reports to create data schedules and specifications.
• Calculate premiums, trivial commutations, and other options using actuarial processes.
• Create quality reports for analysis and administration updates.

Skills

Strong technical skills

Awareness of Defined Benefit pension schemes

Understanding of the UK regulatory environment

Relationship building

Tools

Spreadsheets

Reporting tools

Job description

Overview

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