Pension De-Risking junior. PQ Actuary recruitment

Their offering -
 
•Investment advice on the use of derivatives to hedge out interest rate, credit and inflation risks.
•Buy-in/buy-out solutions (advice on LDI /longevity swaps).
•Advising clients on scheme funding, with particular focus on the use of contingent assets (parental guarantees, letters of credit, special purpose vehicles) as part of an alternative financing solution.
•Advising trustees and corporate clients on appropriate techniques for assessing the pension scheme sponsor covenant.
•Developing bespoke solutions for corporate clients, including use of captives and special purpose vehicles for managing and transferring pension risks.
•Assessing financial implications of implementing a pension buy-in/longevity swap transactions for pension schemes, including impact on accounting, funding and credit risk mitigation through use of a collateralised structure
•The use of bulk purchase annuities.
 
 
As an Assistant Manager you will be expected to support the senior team with analysis relating to a pension scheme  - using  your pension/asset liability modeling (Ortec) experience to arrive at a valuation of a pension scheme’s liabilities.
 
Useful experience
 
•Pension de-risking.
•Actuarial experience – ideally in the insurance industry.
•Understanding of the valuation of the liabilities of pension schemes.
•CFA or IMC qualifications.
•VBA spreadsheet familiarity
•Solvency II