DB Pension Loading Actuary | Flexible Working Options

Legal And General Group; England; On-site; GBP 90,000 - 120,000; Full time

Benefits offered by this job

Generous pension contribution

Life assurance

Healthcare Plan

At least 25 days holiday

Electric car scheme

Discounts

Job summary

Legal & General Group in the UK seeks a Qualified Actuary with a strong technical DB background. You will help onboard increasingly complex Defined Benefit pension schemes, provide actuarial assurance and contribute to how pension rules and calculations are implemented within our administration platforms.

What you’ll be doing includes overseeing loading and validation, interpreting scheme rules, reviewing calculations, supporting GMP Equalisation, translating requirements into system specs, and

Qualifications

• Strong DB pension schemes knowledge and interpretation of complex benefit structures.
• Experience interpreting complex benefit structures and scheme documentation.
• Experience with administration systems (ALPS/PPS desirable).
• Confidence reviewing actuarial calculations and providing professional assurance.
• Ability to explain complex actuarial requirements clearly to technical and operational colleagues.
• Interest in pension technology, systems, testing or platform development.

Responsibilities

• Overseeing the actuarial loading and validation of complex DB pension schemes.
• Interpreting scheme rules, benefit specifications, factors and calculation methodologies.
• Reviewing and signing off actuarial rules, assumptions, calculations and system outputs.
• Supporting the design and testing of GMP Equalisation functionality.
• Translating actuarial requirements into practical system specifications and calculation logic.
• Providing clear decisions and guidance on complex actuarial issues.
• Improving governance, controls, testing and auditability across the loading process.
• Working with Loading, Technical, Actuarial, PRT and Client Services colleagues.

Skills

DB pension knowledge

Benefit structures

Actuarial calculations

Technical communication

Team collaboration

Pension technology interest

Education

FIA qualification or equivalent status

Tools

ALPS

PPS

Job description

Legal & General Group in the UK seeks a Qualified Actuary with a strong technical DB background. You will help onboard increasingly complex Defined Benefit pension schemes, provide actuarial assurance and contribute to how pension rules and calculations are implemented within our administration platforms.

What you’ll be doing includes overseeing loading and validation, interpreting scheme rules, reviewing calculations, supporting GMP Equalisation, translating requirements into system specs, and