Lead Specialist – Claims, Rectification & SWAT Team

Aptia Group India Private Ltd; Mumbai; On-site; INR 2,500,000 - 4,000,000; Full time

Job summary

Aptia Group India Private Ltd is seeking a Lead Specialist – Claims, Rectification & SWAT Team with actuarial qualifications and UK DB pension expertise. You will support actuarial analyses and deliver high-quality pension project solutions for corporate and trustee clients in a fast-paced environment.

The role requires strong Excel skills, data analysis capabilities, and knowledge of UK pensions legislation.

Qualifications

• Degree in Actuarial Science or pursuing actuarial studies with 3–5 years of actuarial/analytical experience.
• Strong proficiency in Microsoft Excel and Word; capable of complex data handling.

Responsibilities

• Perform actuarial calculations for DB schemes including valuations and GMP equalisation.
• Support rectification projects and prepare third-party communications.
• Deliver high-quality actuarial and pension project solutions while ensuring compliance.
• Prepare reports, dashboards and calculation summaries for stakeholders.
• Stay updated on UK pensions legislation and industry best practices.

Skills

Actuarial analysis

UK DB pension schemes

Excel

Data analysis

Regulatory guidance

Education

Actuarial Science degree

Tools

Actuarial valuation systems

Data visualization tools

Job description

About Aptia Founded to shape the future of pensions, health, and insurance solutions, Aptia is a leading professional services firm dedicated to simplifying complexity for businesses and individuals. We bring together cutting-edge technology and deep industry expertise to help organisations navigate an evolving landscape with clarity and confidence. With a presence in the US, UK, India, and Portugal, we support over six million people and more than 1,100 clients, delivering solutions that drive efficiency, enhance financial security, and provide peace of mind. Our strength lies in the combination of smart technology and expert teams, ensuring that managing pensions, health, and insurance is more effective. By focusing on innovation, accessibility, and client success, we help businesses take care of their people, so they can focus on what they do best. And we are expanding. Aptia Group is not only fueled by our investors' backing but also by our commitment to foster the growth and success of our people. At Aptia, we're investing heavily in learning and development, paving unique career paths for our colleagues. Specialist. Responsive. Thoughtful. Our values aren't just words; they are the backbone of our business. Our team embodies our values daily, to surpass client expectations, evolve constantly and nurture genuine relationships for the long-term.

Job requirements No. of position: 2 Lead Specialist – Claims, Rectification & SWAT Team Role Summary

We are seeking a motivated and analytically strong candidate pursuing an actuarial qualification with knowledge and experience of the UK defined benefit (DB) pension schemes to join our Aptia Team. The successful candidate will support a diverse portfolio of corporate and trustee clients, delivering high-quality actuarial analysis, consulting insights, and regulatory guidance. The role involves supporting actuarial analysis and delivery of complex pension projects across UK Defined Benefit (DB) pension schemes. The successful candidate will perform, review complex pension calculations, support rectification projects, draft third party communication, and deliver high-quality actuarial and pension project solutions while ensuring compliance with scheme rules and UK pensions legislation.

Key Responsibilities

• Perform Actuarial calculations like valuation of DB Scheme, complex member calculations, GMP equalisations, member options etc.
• Conduct research on pension industry/regulatory developments that affect loss liabilities to determine the impact on our projects.
• Translate complex actuarial findings into clear, actionable insights for stakeholders.
• Support project presentations, proposals, and strategic recommendations.
• Perform, review detailed benefit calculations and recalculations to support data analysis and rectification exercises.
• Analyse data, historical records, and calculation outputs to identify and quantify financial impact & trends as part of project risk management.
• Apply scheme rules, actuarial principles, and legislative requirements when determining project tasks.
• Prepare reports, exhibits, dashboards, and calculation summaries to communicate findings, remediation & project outcomes.
• Drive actuarial improvements, sample testing, and knowledge-sharing initiatives to enhance project efficiency.
• Stay informed on UK pensions legislation and industry best practices

Required Experience and Qualifications

Degree in Actuarial Science/ Pursuing Actuarial Studies, Mathematics, Statistics, Economics, Engineering, or a related quantitative discipline. Minimum 3 to 5 years of experience in actuarial services, consultancy, pension or related analytical roles. Understanding of UK Defined Benefit (DB) pension schemes and member benefit calculations. Qualification or progress towards actuarial qualification (Institute and Faculty of Actuaries or equivalent) is required. Strong proficiency, advanced level in Microsoft Excel and Word. Technical and Professional Skills Strong numerical, analytical, and problem-solving abilities. Ability to perform and review complex pension calculations with a high degree of accuracy. Knowledge of UK pensions legislation and scheme actuarial requirements. Ability to analyse large data sets and investigate inconsistencies systematically. Excellent written and verbal communication skills. Strong project management and organizational skills with the ability to manage multiple priorities and meet deadlines. Commitment to quality, governance, and continuous process improvement.

Desirable Experience working on pension projects

GMP equalisation & rectification, data cleanse, remediation or Buy in / Buy out / wind up projects. Familiarity with actuarial valuation systems & pension administration platforms. Knowledge of project management and data visualisation tools.

Aptia is committed to creating a diverse, inclusive and equitable work environment. At Aptia, fostering an equitable and inclusive environment for all our people to flourish is a priority. We are an equal opportunity employer and aim to attract and retain the best people without attention to age, background, disability, ethnic origin, family duties, political affiliation, race, religion, gender and sexual orientation. If there are any reasonable adjustments we can make to the recruitment process to ensure it is accessible to you, we encourage you to reach out to us.

Aptia is a trusted provider of employee benefits and pension administration services, with offices in the U.S. and U.K. supported by shared services in India and Portugal. We manage programs covering over six million people and serving more than 1,100 clients, catering to both B2B purchasers of the administration platform and B2C employees. With our extensive experience in the industry, we will deliver efficient and reliable solutions that ensure the smooth management of employee benefits programs. Our dedicated team of experts will combine in-depth knowledge with leading technology to simplify the administration process for clients.