Team Leader / Asst. Manager - Pension Calculations

The role requires the Team Leader  to:

  • Develop, manage, implement, and deliver KPI’s in line with the prescribed targets
  • Prioritize and organize work on a daily basis according to business priorities
  • Manage resources efficiently through peaks and troughs in the business cycle
  • Facilitate smooth knowledge transfer within the team via well documented and updated training materials
  • Communicate regularly with team members via 1-2-1 meetings and team meetings
  • Interpret pension’s technical documentation and member data. Work on a large portfolio of DB, DC and hybrid schemes
  • Interact with the external client facing self-service administration teams and the systems teams based in the UK and Manila
  • Perform detailed technical analysis of Trust Deeds and Rules and other scheme documentation
  • Collaborate with the Lead System Consultant team during data migration to ensure consistency between the data and calculation project streams
  • Interact with scheme actuaries (onshore and client) and solicitors to clarify complex queries
  • Assist in due diligence exercises by analysing data quality, identifying data issues and proposing solutions
  • Keep onshore partners up to date, share concerns and propose solutions where appropriate
  • Provide an efficient, professional service to meet all client needs and to promote the Company's brand
  • SPOC from Mumbai on the production of calculation automation business requirements and software user acceptance testing.

Apply your skills as a team leader of a focused, technically competent calculation automation team that prides themselves on excellence. This position requires a passion for technical pension domain knowledge together with effective analysis and problem solving skills.

For a team leader no two days are the same as they work on many different schemes, often simultaneously, and on all types of calculations. A typical day might be the interpretation of scheme rules in line with current legislation, producing specifications based on this work and transposing the information into a requirements document. The next day might involve peer review of team members test packs or of the developer’s outputs in a test environment. Overall the role is dynamic and ideal for a candidate who enjoys working with systems software and with a portfolio of schemes.


The essential skills/experience for this position are:

  • Prior experience of handling actuarial/Maths/Stats grad team. Candidate with 4-6 actuarial papers would be preferable.
  • Prior Team Lead experience is essential (2-3 years on paper a must)
  • Good working knowledge of the Microsoft office is essential, particularly Word & Excel
  • Excellent written and verbal communication skill
  • Possesses a keen eye for details
  • Ability to work under pressure
  • Should be handling Performance Appraisal independently
  • Should have independently handled partners
  • Experience of dealing with DB and DC occupational pension schemes
  • Detailed understanding of retirement, transfer and death calculations
  • Full pensions legislative knowledge: both current and historic
  • Proven problem solving and analytical skills

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