Pension Corporation
Overview 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. We achieve our purpose by setting Company-wide strategic objectives and driving a healthy culture based on our PIC Values of Resilient, Adaptable, and Loyal. At PIC, we have a fantastic opportunity for a Senior Investment Actuary to join us. The purpose of this role is to generate value by leveraging deep understanding of the insurance business model combined with investment expertise to: Responsibilities Take the lead on investment initiatives within PIC Capital that can include any or all aspects of identification, analysis, origination, structuring and management of assets that are within our risk appetite, and partner with internal stakeholders to deliver strong business outcomes aligned to PIC's strategic objectives. Provide expertise and market insight to our internal stakeholders on asset origination and management Take ownership of the design and implementation of strategic initiatives aligned to the investment strategy and partner with the Head of Technical Investment Strategy and other senior Investment Department members to effectively incorporate it into PIC's strategic objectives. Experience Recognised qualification in the relevant field of study or a strong employment record in Actuarial, Economics, Asset Management, Capital Modelling, Investment Management Strong demonstrable experience of investment and balance sheet management Experience of working within a regulated environment would be an advantage Strong demonstrable experience of applying effective analysis, structure and management of a business model that can be easily transferred into management information packs for circulation to senior leadership and Committee meetings Knowledge Expert knowledge of the Solvency II regulatory framework and its applicability within financial services, within the context of life insurance Expert knowledge of insurance business model as it applies to asset management Expert knowledge of Asset Liability Management and capital principles within an insurance context Knowledge of various asset classes to include but not limited to Mortgages and Private Assets with a degree of competency level across each asset within an insurance context Strong knowledge of actuarial concepts and techniques applied to asset management and capital modelling Skills Strong problem solving skills, interpersonal skills, organisational skills and communication skills Ability to persuade and influence both directly and indirectly Aptitude for preparing comprehensive reports to suit different audiences Ability to conceptualise and lead others in solving specific problems Ability to organize work to meet deadlines Ability to work within defined procedures as recommended by functional teams Strategic and innovative thinker with strong commercial judgement Advanced knowledge of MS Excel, and good working knowledge of MS Access, MS PowerPoint, MS Word In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.
Overview 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. We achieve our purpose by setting Company-wide strategic objectives and driving a healthy culture based on our PIC Values of Resilient, Adaptable, and Loyal. At PIC, we have a fantastic opportunity for a Senior Investment Actuary to join us. The purpose of this role is to generate value by leveraging deep understanding of the insurance business model combined with investment expertise to: Responsibilities Take the lead on investment initiatives within PIC Capital that can include any or all aspects of identification, analysis, origination, structuring and management of assets that are within our risk appetite, and partner with internal stakeholders to deliver strong business outcomes aligned to PIC's strategic objectives. Provide expertise and market insight to our internal stakeholders on asset origination and management Take ownership of the design and implementation of strategic initiatives aligned to the investment strategy and partner with the Head of Technical Investment Strategy and other senior Investment Department members to effectively incorporate it into PIC's strategic objectives. Experience Recognised qualification in the relevant field of study or a strong employment record in Actuarial, Economics, Asset Management, Capital Modelling, Investment Management Strong demonstrable experience of investment and balance sheet management Experience of working within a regulated environment would be an advantage Strong demonstrable experience of applying effective analysis, structure and management of a business model that can be easily transferred into management information packs for circulation to senior leadership and Committee meetings Knowledge Expert knowledge of the Solvency II regulatory framework and its applicability within financial services, within the context of life insurance Expert knowledge of insurance business model as it applies to asset management Expert knowledge of Asset Liability Management and capital principles within an insurance context Knowledge of various asset classes to include but not limited to Mortgages and Private Assets with a degree of competency level across each asset within an insurance context Strong knowledge of actuarial concepts and techniques applied to asset management and capital modelling Skills Strong problem solving skills, interpersonal skills, organisational skills and communication skills Ability to persuade and influence both directly and indirectly Aptitude for preparing comprehensive reports to suit different audiences Ability to conceptualise and lead others in solving specific problems Ability to organize work to meet deadlines Ability to work within defined procedures as recommended by functional teams Strategic and innovative thinker with strong commercial judgement Advanced knowledge of MS Excel, and good working knowledge of MS Access, MS PowerPoint, MS Word In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.
Pension Corporation
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. A newly created role has arisen within our Origination function at PIC: we are recruiting for a Transition Programme Manager to join our Transitions department, which plays a critical role in the management and delivery of transition projects for clients. This involves delivering efficient project management processes, standards, and governance frameworks to reduce cost, mitigate risks and drive value across the Company. The purpose of this role is to engage and develop strong working relationships with stakeholders at all levels to ensure key internal departments (Operations, Origination, Finance, Finance Actuarial, IT, Longevity Risk Management, Information Management, Legal and Risk) and PIC's third parties (Administration, Legal, Communications, Actuarial) to ensure that transition processes deliver on our commitments to clients and quality into the business. You will partner with our Co-Heads of Transition Management to deliver strong business outcomes relating to systems, processes, and technology improvements and automation as appropriate, which deliver positive outcomes for the Company brand and market reputation as well as for our policyholders on a consistent basis. Responsibilities Programme Leadership: Lead and manage a programme comprising multiple, concurrent client-facing transition projects, ensuring cohesive delivery and oversight. Project Governance: Establish and maintain appropriate project governance, including reporting, documentation, and controls in line with internal standards. Escalation: Act as a primary escalation point for clients, transition managers or third parties, ensuring a professional and responsive service that meets or exceeds expectations. Planning and Scheduling: Oversee detailed programme planning, project scheduling, and resource allocation to ensure timely delivery across all workstreams. Budget Management: Manage the overall programme budget (multi-million-pounds), including individual project cost tracking, forecasting, and reporting. Ensure cost efficiency and accountability. Stakeholder Management: Collaborate with internal stakeholders (Origination, Operations, HR, Finance, etc.) and external partners to align project objectives and deliverables with financial and human resource capacity. Risk and Issue Management: Proactively identify and manage programme risks, issues, and dependencies, ensuring effective resolution or escalation. Team Leadership: Provide leadership, guidance, and development support to Transition Managers and connected internal teams and third parties across the programme. Quality Assurance: Monitor the quality of project deliverables to ensure they meet business requirements and client satisfaction standards. Keeps informed of industry trends, market developments, regulatory changes in insurance/financial services as well as best practices relating to the Transition. Experience Proven track record of successfully delivering large, complex programmes, ideally across insurance, financial services. Demonstrated experience of managing multi-million-pound departmental budgets. Experience in leading client facing onboarding programmes at scale. Track record of delivering measurable outcomes in terms of client satisfaction, operational efficiency and commercial performance. Significant experience working with executive stakeholders and cross-functional teams. Demonstrated ability to introduce and embed governance frameworks and risk management processes. Evidence of fostering a high-performance culture and developing strong project managers. Experience in budget management, and performance reporting. Experience in developing effective monitoring and quality control processes. Knowledge Deep understanding of programme and project management methodologies. Strong knowledge of insurance operations, client onboarding and transition processes. Awareness of governance, compliance and risk frameworks. Familiarity with change management principles and application to complex client projects. Skills Exceptional leadership and people management skills, able to inspire, coach and motivate a diverse team. Excellent stakeholder management and influencing skills, with the ability to engage credibly at Senior Executive levels Strong analytical and problem-solving abilities, with structured approach to issue resolution. Highly effective communication skills (written, verbal and presentation) with the ability to distil complex information into clear, actionable insights. Ability to balance strategic vision with hands-on delivery oversight. Skilled at driving continuous improvement, innovation and best practice adoption. Commercial judgement and analytical mindset with the ability to analyse data and make informed decisions. Good working knowledge of MS Excel, MS PowerPoint, MS Word and Power BI. In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.
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. A newly created role has arisen within our Origination function at PIC: we are recruiting for a Transition Programme Manager to join our Transitions department, which plays a critical role in the management and delivery of transition projects for clients. This involves delivering efficient project management processes, standards, and governance frameworks to reduce cost, mitigate risks and drive value across the Company. The purpose of this role is to engage and develop strong working relationships with stakeholders at all levels to ensure key internal departments (Operations, Origination, Finance, Finance Actuarial, IT, Longevity Risk Management, Information Management, Legal and Risk) and PIC's third parties (Administration, Legal, Communications, Actuarial) to ensure that transition processes deliver on our commitments to clients and quality into the business. You will partner with our Co-Heads of Transition Management to deliver strong business outcomes relating to systems, processes, and technology improvements and automation as appropriate, which deliver positive outcomes for the Company brand and market reputation as well as for our policyholders on a consistent basis. Responsibilities Programme Leadership: Lead and manage a programme comprising multiple, concurrent client-facing transition projects, ensuring cohesive delivery and oversight. Project Governance: Establish and maintain appropriate project governance, including reporting, documentation, and controls in line with internal standards. Escalation: Act as a primary escalation point for clients, transition managers or third parties, ensuring a professional and responsive service that meets or exceeds expectations. Planning and Scheduling: Oversee detailed programme planning, project scheduling, and resource allocation to ensure timely delivery across all workstreams. Budget Management: Manage the overall programme budget (multi-million-pounds), including individual project cost tracking, forecasting, and reporting. Ensure cost efficiency and accountability. Stakeholder Management: Collaborate with internal stakeholders (Origination, Operations, HR, Finance, etc.) and external partners to align project objectives and deliverables with financial and human resource capacity. Risk and Issue Management: Proactively identify and manage programme risks, issues, and dependencies, ensuring effective resolution or escalation. Team Leadership: Provide leadership, guidance, and development support to Transition Managers and connected internal teams and third parties across the programme. Quality Assurance: Monitor the quality of project deliverables to ensure they meet business requirements and client satisfaction standards. Keeps informed of industry trends, market developments, regulatory changes in insurance/financial services as well as best practices relating to the Transition. Experience Proven track record of successfully delivering large, complex programmes, ideally across insurance, financial services. Demonstrated experience of managing multi-million-pound departmental budgets. Experience in leading client facing onboarding programmes at scale. Track record of delivering measurable outcomes in terms of client satisfaction, operational efficiency and commercial performance. Significant experience working with executive stakeholders and cross-functional teams. Demonstrated ability to introduce and embed governance frameworks and risk management processes. Evidence of fostering a high-performance culture and developing strong project managers. Experience in budget management, and performance reporting. Experience in developing effective monitoring and quality control processes. Knowledge Deep understanding of programme and project management methodologies. Strong knowledge of insurance operations, client onboarding and transition processes. Awareness of governance, compliance and risk frameworks. Familiarity with change management principles and application to complex client projects. Skills Exceptional leadership and people management skills, able to inspire, coach and motivate a diverse team. Excellent stakeholder management and influencing skills, with the ability to engage credibly at Senior Executive levels Strong analytical and problem-solving abilities, with structured approach to issue resolution. Highly effective communication skills (written, verbal and presentation) with the ability to distil complex information into clear, actionable insights. Ability to balance strategic vision with hands-on delivery oversight. Skilled at driving continuous improvement, innovation and best practice adoption. Commercial judgement and analytical mindset with the ability to analyse data and make informed decisions. Good working knowledge of MS Excel, MS PowerPoint, MS Word and Power BI. In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.