Implementation and Administration Lead

17 hours ago


Liverpool, Liverpool, United Kingdom The Actuary Group Full time
Overview

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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