Pensions Actuarial Consultant

Location
London (Central), London (Greater)
Salary
£ Excellent + Bonus + Benefits
Posted
08 May 2017
Closes
08 Jun 2017
Experience
Qualified
Contract Type
Permanent
Hours
Full Time

In this role you will:

  • Work with a variety of clients, some trustee and some corporate, for a range of scheme types and sizes
  • Act as a key point of contact for clients on a day-to-day basis and attend client meetings with the Partner.
  • Manage a small team of actuarial staff to produce client work on time and within budget
  • Provide training from time to time to more junior actuarial staff
  • Lead the core work on actuarial valuations for funding purposes, solvency testing and buy-in analysis
  • Review draft trust deeds and rules and member booklets
  • Review individual member calculations including transfers-in, transfers-out, early retirements, benefit augmentations, maximum authorised cash lump sums and taxation limits
  • Produce sets of factors for transfers-in, transfers-out, early retirement, commutation etc and specify benefit calculations for pensions administrators
  • Draft announcements to members and advise on member communications
  • Be involved in calculations for disclosure in company accounts (under IAS19, FRS17 and/or US GAAP)
  • Estimate Pension Protection Fund levies and calculate Actuarial Certificates of Deficit Reduction Contributions
  • Prepare cash flows for use in asset-liability models
  • Monitor pension scheme funding levels on an ongoing basis - this might be used as part of a dynamic investment strategy
  • Take a pro-active role in keeping clients up-to-date on technical developments, anticipating their needs, and keeping the client partner informed of progress
  • Help respond to invitations to tender for new business and potentially being involved in business pitches

For further details, please click "Apply Now" or email your CV to:  parvinder@newtonrecruitment.com

For an initial informal discussion, feel free to call Parvinder on 01689 862937.