Graduate role within Actuarial & Funding Risk Team  …

Local Pensions Partnership Ltd
in London, England, United Kingdom
Permanent, Full time
Last application, 30 Mar 20
Local Pensions Partnership Ltd
in London, England, United Kingdom
Permanent, Full time
Last application, 30 Mar 20
Graduate role within Actuarial & Funding Risk Team

Reports to: In-house Actuary


The graduate will:

  • Work within, assist and support the actuarial and funding risk team
  • Contribute to the development of in-house funding (asset and liability) risk modelling
  • Produce and continue to develop actuarial and funding risk reporting for LPPI clients
  • Assist to enhance overall solvency, investment and funding risk management analysis and reporting
  • Provide support to the wider risk, investment risk and investment strategy teams to maintain and enhance risk data, models, systems and reporting processes
  • Assist the risk team working with clients’ Fund Actuaries; including for example with analysis, design and implementation of risk adjusted contribution requirements, where required
  • Abide by any training agreements issued by LPP Training and Development

Key Responsibilities:

  • Work with team members to deliver actuarial and funding risk modelling, analysis and reporting for LPPI’s pension fund clients and stakeholders
  • Assist with and support the maintenance and continual development of funding risk modelling, analysis, processes and reporting
  • Assist the team to maintain funding risk data, systems and reporting infrastructure 
  • Keep up to date with relevant actuarial, regulatory and financial markets matters; in particular, LGPS regulations and developments
  • Assist as required with communication of relevant matters to clients and stakeholders
  • Develop technical skills and knowledge in relation to the role
  • Gain knowledge of systems and processes through application on the job
  • Carry out tasks and responsibilities with accuracy and efficiency, demonstrating high levels of productivity and attention to detail
  • Participate in debate, not only following but understanding direction and carrying out tasks in a business context
  • Participation in wider industry experiences, such as external briefings on industry matters, business line specific events with peers and subject matter experts
  • Develop confidence and skill in building relationships; being approachable, flexible and displaying high levels of interest and engagement


Person Specification:

The successful candidate should be committed to LPP’s values and will demonstrate the following qualities:

  • At least a 2(i) degree in Mathematics/Finance/Actuarial Science/Sciences or equivalent
  • To have started the actuarial qualifications would be attractive but not essentialDemonstrable interest in working within risk management function in pension fund industry 
  • Ability to work under pressure to tight deadlines, prioritise work effectively, evidence strong time management and deliver work to a consistent standard of excellence
  • Demonstrable lateral thinking, problem solving, communication and organisational skills including the ability to build good working relationships
  • Capability to perform research and analysis, and present clear and actionable summaries of findings
  • Well-developed numerical, analytical and report writing skills
  • Adaptable and flexible
  • A proactive, self-motivated team player

Reasonable adjustment will be made to working arrangements to accommodate a person with a disability who otherwise would be prevented from undertaking the work.

LPP will consider supporting the completion of recognised Actuarial Qualifications and support for relevant Continuing Professional Development