Company: The Actuary Group
Location:
Posted: May 1st, 2026
Our client has a proud heritage in helping people secure their financial futures. They're continuing to build on that foundation and are growing their thriving bulk annuity business, partnering with pension schemes to protect members’ retirement benefits. This is a fantastic opportunity to join them in an exciting period of exponential growth and be part of a trusted business, where your work makes a real difference and you can accelerate your career.
This position reports to the Head of BPA Operations and plays an integral role in the Bulk Purchase Annuity team. Working independently, you'll undertake a variety of different tasks to enable the department to meet its objectives, including:
• Support the Head of BPA Operations with the successful execution and onboarding of Bulk Purchase Annuity business and the transition of schemes onto our clients' administration platform, deputising as required at all points of the transition journey.
• Build and drive project plans for each proposed buy-in execution.
• Build and drive project plans for each transition to buy-out, including the true-up.
• Manage the operational relationships with EBCs/Trustees/ceding administrators throughout the transition processes.
• Represent Utmost in Trustee and EBC meetings.
• Work collaboratively and manage the operational relationships with Trustees and ceding administrators during the post-buy-in period.
• Ensure operational readiness is achieved for each new transition.
• Support the preparation of contractual documents and individual policy documents.
• Support the data cleansing and data true up process.
• Keep abreast of industry issues and developments.
• Identify and escalate emerging issues.
• Any other task or activity as may be reasonably expected within this role.
• Maintain competence and fitness and propriety standards to the level required by the Company’s regulators.
• Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards.
Core competencies:
• Knowledge of UK Defined Benefit Pensions and the BPA market.
• Excellent knowledge of the BPA process, from deal execution to buy-out.
• Strong project management and stakeholder management skills.
• Advanced MS Excel skills.
• Strong data analytical skills.
• Able to build productive relationships at all levels.
• Good presentation, communication, negotiation skills.
• Proactive, pragmatic, adaptable and flexible.
Experience and qualifications:
• Experience of the BPA market and the transition process.
• Proven project management and stakeholder management experience.
If you think these skills align well with your own and you're keen to join a progressive company involved in one of the most robust and mature insurance markets globally, please apply today.