BPA Implementation Operations Leader

1 day ago


London, Greater London, United Kingdom The Actuary Group Full time

Bulk Purchase Annuities Operations Manager



The Actuary Group is seeking a skilled professional to oversee the implementation and ongoing administration of Bulk Purchase Annuity business. As a key member of our growing Bulk Annuities team, you will be responsible for managing a range of activities from implementation through buy-in and transition to buy-out.



Our ideal candidate will have experience in BPAs, a strong understanding of defined benefit pensions administration, and comfort with actuarial spreadsheet models. You will also have a credible financial background and be able to appreciate the operational challenges that arise from data migration and ongoing management.



In this role, you will:




  • Manage pre-execution data and operational complexity due diligence
  • Support scheme trustee and administrator management
  • Oversee shadow administration, including buy-in payroll and member option validation
  • Ensure data flow and control
  • Conduct data cleanse and true-up
  • Lead transition to buy-out, including policyholder communication and admin and payroll transition
  • Produce and review ongoing reporting, including management information and valuation extracts


Our client offers a competitive package, including 28 days annual leave, an up to 14% employer matching pension scheme, and private medical insurance. We are committed to inclusion, diversity, and belonging.



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