Implementation and Administration Lead
17 hours ago
The Actuary Group's Bulk Annuities team is seeking a skilled Implementation and Administration Lead to manage the implementation and ongoing administration of Bulk Purchase Annuity business. As a key member of our team, you will play a crucial role in shaping the team's future and contributing to our company's growth.
You will be responsible for overseeing various activities from pre-execution due diligence to transition to buy-out, ensuring seamless communication with policyholders and senior stakeholders. The ideal candidate will have experience in BPAs, defined benefit pensions administration, and contract review. A strong understanding of actuarial spreadsheet models, reinsurance, and operational challenges related to data migration is desirable.
About the Role:
- Manage day-to-day activities associated with BPA implementation and administration
- Oversee scheme onboarding, trustee, and administrator management
- Coordinate shadow administration, data flow, and control
- Ensure transition to buy-out, including policyholder communication and admin/payroll transition
- Produce and review management information and valuation extracts
Requirements:
- Experience in BPAs and defined benefit pensions administration
- Contract review skills with ability to extract relevant information
- Understanding of reinsurance (desirable)
- Actuarial spreadsheet model proficiency
- Candidate should appreciate operational challenges related to data migration
- Strong understanding of the defined benefit pension market (if not direct experience)
Benefits:
- Competitive salary: £95,000 - £120,000 per annum
- Up to 14% employer-matched pension scheme
- Private medical insurance
- 28 days annual leave + bank holidays
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