Actuarial Analyst - UK Pension - Big4

Roles & responsibilities

- Work on pensions actuarial audits related to companies that sponsor private and public sector occupational pension schemes reporting under IAS19 or equivalent, which typically includes the following areas :

- Review data, methodologies, assumptions, results and benchmark against market

- Reconcile IAS19 results from previous year and compare with clients' results

- Make proper commentary on the results/findings and prepare the summary report

- Discuss findings with other members of the pensions actuarial and audit engagement team, and agree on any follow up actions

- Interaction with client management on all of the above

- Work on the audits of pension schemes reports and accounts, which includes work on complex asset valuations (annuities, longevity swaps and asset backed funding arrangements) and member benefit testing .

- We also expect all team members to contribute to some of our technical research areas, which include: assumption setting, longevity, technical accounting, annuities, longevity swaps, asset backed funding arrangements and benefit testing.

This role is for you if you have the below

Educational qualifications:

- Qualifications: Graduate/Post Graduate with a strong background in mathematics and statistics,

- Pursuing actuarial sciences from Institute of Actuaries (UK or India) and passed 1-4 exams already.

Work experience:

- 1-3 years of relevant actuarial experience

- Experience of providing actuarial services to UK defined benefit pension schemes is preferred, for example around IAS19 financial reporting, cash funding, de-risking and/or member