In this role you will be responsible for ensuring the actuarial review and testing of their new tool for calculating member options, including the design and review of the underlying actuarial factors.
- Location: London
- Category: Life Actuarial
- Type: Permanent
Key Duties (Including but not limited to):
- Providing actuarial input into the design of the testing framework surrounding a new tool being developed to calculate member options.
- Applying actuarial techniques to ensure the cost neutrality of all options, incorporating GMP equalisation.
- Working closely with colleagues across PRT to agree timescales for the review of system developments – for example, to value new benefit structures or recognise legislative change.
- Ensuring the highest standards of rigour and robustness are applied to ensure the accuracy of their automated systems in different circumstances.
- Conducting an annual review of the actuarial methods employed in the determination of actuarial factors.
- Excellent knowledge of Defined Benefit pension schemes and associated valuation techniques.
- Strong experience in technical actuarial roles and/or system development.
#J-18808-Ljbffr