Hybrid Defined Benefit Actuarial Services Lead

Banner-Life-Family-of-Companies

Hove

Hybrid

GBP 90,000 - 120,000

Full time

14 days+
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Benefits offered by this job

Annual bonus plan
Share schemes
Generous pension contribution
Life assurance
Healthcare Plan
27 days holiday
Electric car scheme

Job summary

Legal & General (L&G) seeks an experienced Actuarial Services Manager for its Defined Benefit area within Pension Risk Transfer. You will translate complex pension scheme benefits into precise calculation specifications and collaborate with actuarial, technology and client services teams to ensure accurate, secure system delivery.

The role supports hybrid working between home and office in the UK, with opportunities to influence system design and operational readiness across retirement products.

Qualifications

  • Qualified actuary or strong actuarial systems/development experience
  • Strong knowledge of defined benefit pensions, including scheme benefits and calculation rules
  • Experience interpreting pension scheme requirements and turning them into clear technical or calculation specifications
  • Confidence working with complex integrated systems, including calculation engines, databases, web-based applications and connected services
  • Strong analytical judgement, attention to detail and problem-solving ability
  • Ability to work autonomously while collaborating well with technical and non-technical stakeholders
  • Understanding of testing, change delivery, Agile, Lean or business analysis principles
  • Familiarity with Java, SQL or similar languages would be advantageousalthough hands on development experience is not required

Responsibilities

  • Translating defined benefit pension scheme rules into detailed system and calculation specifications
  • Supporting the development and release of changes to integrated calculation systems, applications and supporting servicesWorking with developers and technical partners to explain calculation logic and expected system behaviours
  • Reviewing system outputs and testing results to make sure calculations are accurate and fit for purpose
  • Applying actuarial judgement to complex pensions, systems and testing queries
  • Collaborating with stakeholders across Institutional Retirement, Group IT and operational teams
  • Identifying opportunities to improve processes, controls, documentation and customer outcomes
  • Supporting operational readiness for system changes, releases and wider business needs

Skills

Actuarial qualification
Defined benefit pensions knowledge
Systems analysis
Java/SQL familiarity
Stakeholder collaboration

Tools

Java
SQL

Job description

Legal & General (L&G) seeks an experienced Actuarial Services Manager for its Defined Benefit area within Pension Risk Transfer. You will translate complex pension scheme benefits into precise calculation specifications and collaborate with actuarial, technology and client services teams to ensure accurate, secure system delivery.

The role supports hybrid working between home and office in the UK, with opportunities to influence system design and operational readiness across retirement products.

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