UK Pension Actuarial

3 days ago

Bengaluru, Karnataka, India Promaynov Advisory Services Pvt. Ltd Full time ₹ 12,00,000 - ₹ 36,00,000 per year

Hi

Please find the JD below for
Consultant /Senior Consultant – UK Pension Actuarial

Experience: 5+ Years

Location: Hyderabad and Bangalore

  • Relevant experience
    working with UK Defined Benefit pension schemes, including actuarial valuations and pension scheme accounting.
  • Familiarity with UK pension legislation
    , including tranches (e.g., GMP, Excess), and statutory increases.
  • Experience supporting financial reporting
    under IAS 19 and/or FRS 102.
  • Basic understanding of UK pension scheme types
    , especially Defined Benefit schemes.
  • Awareness of typical options
    for UK DB pension schemes, such as:
  • Transfer Values
  • Early Retirement
  • Late Retirement
  • Pension Increases
  • Augmentation
  • Additional dependent pension
  • Guarantees
  • Basic understanding of surplus recognition
    in pension schemes.

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