In-Force Management Actuary

Miryco Consultants are working with a market-leading BPA providers in the pension insurance market to hire a senior actuary into their in-force management team, focusing on pension risk transfer deals post-transaction.

This team is a crucial part of the deal lifecycle and enables the continued high-performance of the PRT function. Team members have a great deal of autonomy, with responsibility for their own project portfolio. The role will be perfect for technical actuaries with commercial awareness and the capacity to work independently.

Responsibilities

• Work closely with the New Business Pricing and Transitions functions to ensure the accurate transferral of liabilities, leading the conversation around ‘In Force’ policies.
• Help lead the longevity swap data cleansing process, making updated data files and amending fixed cashflows to reflect adjusted data.
• Work with the scheme transition and pension scheme advisors to action issues or queries relating to scheme transfer.
• Improve the internal valuation system, and associated data feed.
• Due diligence on new business transactions.

Requirements

• Qualified Pensions actuary with experience within a top consultancy or relevant firm.
• Strong understanding of GMP equalisation, Longevity Swap or risk transfer.
• Excellent stakeholder skills and ability to lead/drive projects.
• A tenacity to ‘get stuff done’ and find ways to make themselves/the team more efficient.

Location

Location: London

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