Lead Specialist - Claims, Rectification & SWAT Team

Aptia Group India; Mumbai; On-site; INR 1,500,000 - 2,300,000; Full time

Job summary

Aptia Group India is seeking a Lead Specialist - Claims, Rectification & SWAT Team to join our actuarial team in India. You will support a diverse client base with high-quality actuarial analysis and regulatory guidance on UK Defined Benefit pension schemes, including complex valuation and rectification work.

The role requires pursuing actuarial qualifications, strong Excel capabilities, and the ability to translate complex findings into clear insights for stakeholders.

Qualifications

• Degree in Actuarial Science or pursuing actuarial studies.
• Strong numerical, analytical, and problem-solving abilities.
• Proficiency in Excel and Word with attention to accuracy.

Responsibilities

• Perform actuarial calculations for DB scheme valuations and GMP equalisation.
• Support rectification projects and draft third-party communications.
• Deliver actuarial analyses and insights for UK DB pension schemes.
• Prepare reports and calculation summaries for client meetings.
• Stay updated on UK pensions legislation and industry practices.

Skills

Actuarial calculations

Data analysis

Excel proficiency

Communication skills

Education

Actuarial Science

Tools

Excel

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 i.e.: 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.