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BPA Senior Actuarial Analyst – 28401

The Emerald Group

London

On-site

GBP 60,000 - 80,000

Full time

30+ days ago

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Join a forward-thinking company as a Senior Actuarial Analyst in London, where you will play a pivotal role in the BPA team. This position offers the opportunity to apply your actuarial expertise to calculate premiums, review pension scheme reports, and ensure compliance with legislative requirements. You will leverage advanced Excel skills and actuarial model software to produce accurate results and maintain strong governance of models. If you are passionate about making a significant impact in the pensions actuarial field, this role is perfect for you, providing a dynamic environment to grow your career.

Strong understanding of actuarial concepts and models.
Intermediate to advanced MS Excel skills for data manipulation.

Calculate premiums and member options using actuarial processes.
Review pension scheme reports to ensure data accuracy.

Actuarial concepts

Data analysis

Financial concepts

Advanced Excel skills

Actuarial Science degree

Relevant professional qualifications

Actuarial model software

Spreadsheets

As a Senior Actuarial Analyst in the BPA team you will contribute to the success of the business through an accountable role in one of the BPA sub-teams

Location: London
Category: Pensions Actuarial
Type: Permanent

Key Duties (Including but not limited to):

Using your understanding of actuarial concepts and models to calculate premiums and/or premium true-ups, trivial commutations and other member options using actuarial processes, modelling systems, spreadsheets and reporting tools
Review of pension scheme reports/data to agree data schedules and benefit specifications between the Company and scheme trustees. To ensure data and benefit specifications are complete and accurate in all respects including legislative requirements
Regular use, maintenance & testing of actuarial models and processes for sign off by senior management, ensuring strong governance of models, maintaining up to date processes and control documentation for audit purposes
Able to operate actuarial systems to produce results including the ability to change parameters and assumptions
Ability to understand actuarial & financial concepts and their application to their work
Intermediate to advanced MS excel skills demonstrating efficient use of spreadsheets and advanced data manipulation skills
Role-specific knowledge such as: experience with actuarial model software, modelling best practices, bulk annuity product knowledge, Solvency II/LICAT knowledge, defined benefit pensions knowledge and modelling cashflows & capital projections

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