Job Description
You are excited about creating change because your skills can help the greater good of every customer, industry and community. We are hiring a talented
UK Retirement >to join our team. Experience - 1-8 years
Location - Hyderabad Pension Actuarial
Work youll do
Support audit teams in the review and evaluation of UK DB pension schemes, focusing on compliance with IAS 19 and FRS 102.
Test clerical accuracy of actuarial and financial reports.
Review actuarys reports for reasonableness, consistency, and compliance with relevant standards.
Test the appropriateness of actuarial assumptions used in pension scheme valuations.
Participate in planning calls and contribute to the preparation of planning memos.
Perform initial review of all audit materials related to pension schemes.
Collaborate with the audit Owner and Firm Actuary (FA) to resolve technical issues.
Prepare final deliverables, including memos and work papers, for review by senior team members. Preferred
Relevant experience working with UK Defined Benefit pension schemes, including actuarial valuations and pension scheme accounting.
Familiarity with UK pension legislation, including tranches (e.g., GMP, Excess), and statutory increases.
Experience supporting financial reporting under IAS 19 and/or FRS 102.
Basic understanding of UK pension scheme types, especially Defined Benefit schemes.
Awareness of typical options for UK DB pension schemes, such as:
o Transfer Values
o Early Retirement
o Late Retirement
o Pension Increases
o Augmentation
o Additional dependent pension
o Guarantees
Basic understanding of surplus recognition in pension schemes.
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Job Classification
Industry: Software Product
Functional Area / Department: Finance & Accounting
Role Category: Payroll & Transactions
Role: Payroll & Transactions - Other
Employement Type: Full time
Contact Details:
Company: Cirruslabs
Location(s): Hyderabad
Keyskills:
Basic
Financial reporting
Compliance
Accounting
Actuarial
HTTP
GMP
digital transformation
Auditing
Testing