This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
Support the Head of BPA Operations with the successful transition of Bulk Purchase Annuity business.
Job Responsibility:
Perform analysis of defined benefit datasets and benefit specification and report on accuracy, integrity and completeness of data from both pricing and administration perspectives
Perform reconciliation and analysis of updated/cleansed data sets received from ceding pension scheme administrators to ensure that our future policyholders will receive their correct benefit entitlement
Create calculation spreadsheets for revaluation, pension increases, pension payroll including taking account of GMP equalisation for reconciliations against data sets and system set up for schemes
Analyse, reconcile and record data changes for movement and cleansed data and keep a full audit trail of all benefit and data items throughout the lifecycle of the onboarding process
Requirements:
A good understanding of defined benefit pensions/bulk purchase annuities or risk transfer transactions
A detailed understanding of pension administration processes
Hands on experience of performing and checking defined benefit calculations