Actuary

Pension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders.

PIC is recruiting for an Actuary to join its Assumptions (Line 1) team, a sub-team within the Capital, Insight and Actuarial (CIA) department, which is managed by the Chief Actuary. The team is responsible for maintaining the assumptions used in the production of PIC’s external results, as well as in other applications across the business, including in the policyholder options basis, and maintaining elements of PIC’s Internal Model calibrations with respect to longevity and expense risks.

Working closely with PIC's Head of Assumptions, in this role you will:

• Support the team in the regular assumption setting process across all relevant reporting bases (i.e. SUK best estimate an...