In-Force Management

The role

This person will perform scheme transition work, longevity swap data cleansing, and GMP equalisation. They will also handle ad-hoc projects relating to backbook liability, reinsurance deals, and individual calculations.

What you will do

• Review data from pension scheme
• Work with the transition team and pension scheme advisers to resolve issues or queries
• Ensure compliance with contractual requirements for data cleansing actions
• Calculate premium adjustment in line with contract approach
• Work with third party administrators and in-house teams to set up scheme database
• Set up RL valuation system to receive data and update modelling
• Explain move in value as a result of data or modelling updates
• Work with pricing team to understand benefit and data complications
• Monitor monthly updates to ensure accurate modelling and administration
• Provide input to transition team in production of Individual Policy documents

Required qualifications

• Experienced pensions actuarial work
• Mature decision-maker
• Problem solver
• Eye for detail
• Happy to take on big projects
• Persistent
• Self-motivated
• Likes to improve efficiency

Nice to have

• Actuarial qualification

About the company

Rothesay is the UK’s largest pensions insurance specialist, purpose-built to protect pension schemes and their members’ pensions. They secure the pensions of nearly one million people.