Lead Specialist - Claims, Rectification SWAT Team

No. of position: 2

Role Summary

We are seeking a motivated and analytically strong candidate pursuing an actuarial qualification with knowledge and experience of the UK defined benefit (DB) pension schemes to join our Aptia Team. The successful candidate will support a diverse portfolio of corporate and trustee clients, delivering high-quality actuarial analysis, consulting insights, and regulatory guidance.

The role involves supporting actuarial analysis and delivery of complex pension projects across UK Defined Benefit (DB) pension schemes. The successful candidate will perform, review complex pension calculations, support rectification projects, draft third party communication, and deliver high-quality actuarial and pension project solutions while ensuring compliance with scheme rules and UK pensions legislation.

Key Responsibilities

- Perform Actuarial calculations like valuation of DB Scheme, complex member calculations, GMP equalisation, member options etc.
- Conduct research on pension industry/regulatory developments that affect loss liabilities to determine the impact on our projects.
- Translate complex actuarial findings into clear, actionable insights for stakeholders.
- Support project presentations, proposals, and strategic recommendations.
- Perform, review detailed benefit calculations and recalculations to support data analysis and rectification exercises.
- Analyse data, historical records, and calculation outputs to identify and quantify financial impact trends as part of project risk management.
- Apply scheme rules, actuarial principles, and legislative requirements when determining project tasks.
- Prepare reports, exhibits, dashboards, and calculation summaries to communicate findings, remediation project outcomes.
- Drive actuarial improvements, sample testing,



and knowledge-sharing initiatives to enhance project efficiency.
- Stay informed on UK pensions legislation and industry best practices

Required Experience and Qualifications

- Degree in Actuarial Science/ Pursuing Actuarial Studies, Mathematics, Statistics, Economics, Engineering, or a related quantitative discipline.
- Minimum 3 to 5 years of experience in actuarial services, consultancy, pension or related analytical roles.
- Understanding of UK Defined Benefit (DB) pension schemes and member benefit calculations.
- Qualification or progress towards actuarial qualification (Institute and Faculty of Actuaries or equivalent) is required.
- Strong proficiency, advanced level in Microsoft Excel and Word.

Technical and Professional Skills

- Strong numerical, analytical, and problem-solving abilities.
- Ability to perform and review complex pension calculations with a high degree of accuracy.
- Knowledge of UK pensions legislation and scheme actuarial requirements.
- Ability to analyse large data sets and investigate inconsistencies systematically.
- Excellent written and verbal communication skills.
- Robust project management and organizational skills with the ability to manage multiple priorities and meet deadlines.
- Commitment to quality, governance, and continuous process improvement.

Desirable

- Experience working on pension projects i.e.: GMP equalisation rectification, data cleanse, remediation or Buy in / Buy out / wind up projects.
- Familiarity with actuarial valuation systems pension administration platforms.
- Knowledge of project management and data visualisation tools.

Disclaimer: This job posting has been aggregated from external source. Role details, content, and availability are subject to change. Applicants are advised to confirm the latest information directly on the company website before applying.

📌 Lead Specialist - Claims, Rectification & SWAT Team (Mumbai)
🏢 Aptia Group India
📍 Mumbai