Job Title

Actuarial Analyst / Senior Analyst – UK Pensions (India Delivery Team)We are expanding our UK Pensions actuarial delivery team and are looking for Actuarial Analysts / Senior Analysts to support high-impact UK pension projects across bulk annuity, scheme reporting, and individual member calculations.This role offers strong exposure to UK DB pension schemes, global stakeholder interaction, and long-term career growth in UK pensions actuarial consulting.Key ResponsibilitiesYou will work on UK Pensions actuarial services related to companies that sponsor private and public sector occupational pension schemes reporting under IAS19 / US GAAP (or equivalent), including:Review data, methodologies, assumptions, and actuarial results; benchmark against market practicesReconcile pension data from previous years and compare results with client outputsPrepare clear commentary on findings and develop structured summary reportsDiscuss results with other members of the pensions actuarial teamSupport interaction with client management and UK stakeholdersWork on pension scheme reports and accounts, including:Complex asset valuations (annuities, longevity swaps, asset-backed funding arrangements)Member benefit testingContribute to technical research areas such as:Assumption settingLongevity analysisTechnical accountingAnnuities and longevity swapsAsset-backed funding structuresBenefit testingSupport individual member calculations, including:Retirement calculationsTransfer value calculationsCommutation factor analysisQualificationsEducational QualificationsGraduate / post-graduate with a strong background in Mathematics, Statistics, or related quantitative disciplinesPursuing actuarial sciences from the Institute of Actuaries (UK or India)1–6 actuarial exams passedWork Experience1–3 years of relevant actuarial experienceExperience of providing actuarial services to UK Defined Benefit pension schemes preferred, including exposure to:IAS19 financial reportingCash funding valuationsDe-risking exercisesBulk annuity supportMember benefit calculationsSkills & CompetenciesStrong MS Excel skills (data handling, reconciliation, modelling)Good analytical and problem-solving abilitiesHigh attention to detail and quality orientationStrong written and verbal communication skillsAbility to work with global stakeholders and UK clientsStructured approach to documentation and reportingWhy Join Us?Exposure to UK pension schemes and bulk annuity projectsOpportunity to work with global actuarial teams and UK clientsStrong learning curve in:UK pensionsBulk annuity transactionsIndividual member calculationsData verification and reconciliationClear career path into specialist UK pensions actuarial rolesLong-term offshore center-of-excellence opportunity