Deliver robust risk management and governance

• Ensure transactions are delivered in line with relevant risk management and governance requirements.
• Take responsibility for relevant audits, documentation and annual reviews.
• Maintain high standards of accuracy, quality and governance across all areas of transaction delivery.

Provide technical and strategic expertise

• Act as an actuarial subject matter expert on strategic business and Group-level projects.
• Provide specialist technical input to support business decision-making and the delivery of strategic priorities.
• Apply knowledge of pension liabilities, complex benefit structures and Bulk Purchase Annuity pricing to support transaction development and execution.
• Use external market developments and internal information to provide meaningful insight and inform commercial decision-making.

Build trusted relationships and communicate with impact

• Build and maintain strong relationships with trustees, sponsors and advisers to UK Defined Benefit pension schemes.
• Communicate complex actuarial and technical information clearly and credibly to specialist audiences.
• Develop trusted relationships across the business, including with Senior Leadership, Finance, Capital Management, Asset Management and Line 2.
• Contribute to relevant pipeline, marketing, brand and PR activity where required.

Lead, develop and collaborate

• Lead, coach and mentor actuarial trainees and analysts, helping individuals to maximise their contribution and develop their careers.
• Support recruitment activity and the development of a strong internal talent pipeline.
• Work collaboratively across Capital Management and Asset Management to support workload prioritisation and the effective delivery of transactions.
• Identify opportunities to improve processes, ways of working and the use of technology across the transaction process.
• Promote a collaborative, inclusive and high-performing culture across the team and wider business.

What are we looking for?

We are looking for an experienced pensions professional with a strong track record of leading and managing the execution of Bulk Purchase Annuity transactions, or similar work gained within an Employee Benefit Consultancy, bulk annuity provider or reinsurer.

You will bring strong technical expertise, including experience valuing pension liabilities and working with complex pension benefit structures. You will also have experience working directly with trustees, sponsors and advisers to UK Defined Benefit pension schemes, either within an insurer or DB pensions consultancy.

Commercially minded and results-focused, you will be comfortable overseeing pricing, applying commercial judgement and making effective decisions in a fast-moving transaction environment. You will be able to balance commercial objectives with the need for robust governance, risk management, accuracy and positive customer outcomes.

You will be a confident relationship manager and communicator, able to convey technical actuarial information clearly to specialist audiences while making complex issues accessible to broader business stakeholders. You will also have experience training, managing and developing more junior colleagues.

Knowledge of the Solvency UK regulatory regime and the pricing of Bulk Purchase Annuity transactions would be beneficial, as would an established network across the Defined Benefit pensions market, including Employee Benefit Consultants, legal firms and professional trustees.

Personal Attributes

This role would suit someone who is;

• Commercially astute, applying sound judgement to pricing, negotiation and transaction decision-making.
• Technically strong, with the ability to analyse complex pension liabilities, benefit structures and transaction considerations.
• An influential communicator, able to present complex issues and recommendations clearly to stakeholders at all levels.
• Relationship-led, building credibility and trusted relationships with clients, advisers and internal stakeholders.
• Results-focused, delivering accurate and high-quality outcomes within demanding transaction timescales.
• Risk-aware, maintaining strong governance and professional standards throughout the transaction process.
• Collaborative, working effectively across organisational boundaries to deliver shared outcomes.
• Improvement-focused, identifying opportunities to strengthen processes, technology and ways of working.
• A supportive leader, coaching and developing colleagues while contributing to a strong team culture.

Qualifications & Certifications

• Fellow of the Institute and Faculty of Actuaries.
• Applicants will ideally hold a university degree, or equivalent qualification, in a relevant field.

We Want To Hire The Whole Version Of You.

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.

We’re reviewing applications as they come in, so apply early to avoid missing out.

Find out more about working at Standard Life

• Guide for Candidates: standardlifeplc.pagetiger.com/guideforcandidates
• Find or get answers from our colleagues: www.standardlifeplc.com/careers/talk-to-us