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Pension Insurance Corporation plc

Pension Insurance Corporation plc

www.pensioncorporation.com

2 Jobs

673 Employees

About the Company

The purpose of PIC is to pay the pensions of its current and future policyholders. PIC provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. At year end 2023, PIC had insured 339,900 pension scheme members and had £46.8 billion in financial investments, accumulated through the provision of tailored pension insurance buyouts and buy-ins to the trustees and sponsors of UK defined benefit pension schemes. PIC has made total pension payments of £13.6 billion to its policyholders and has invested £13 billion in the UK economy, creating considerable social value. Clients include FTSE 100 companies, multinationals and the public sector. PIC is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority (FRN 454345).

For further information please visit www.pensioncorporation.com

Listed Jobs

Company background Company brand
Company Name
Pension Insurance Corporation plc
Job Title
Executive Assistant
Job Description
Job title: Executive Assistant Role Summary: Provides executive support to senior finance leaders, coordinates administrative operations, and manages cross-functional stakeholder communication. Expactations: Previous Executive Assistant experience in a financial services or corporate environment. People management experience. Proficiency in financial systems and MS Office. Strong discretion, organizational capability, and cross-team collaboration. Key Responsibilities: - Coordinate complex calendars, schedule meetings, and manage travel/expense claims. - Prepare meeting documents, take minutes, and track action items. - Maintain confidential information with discretion and handle purchase orders. - Serve as primary contact for stakeholders, forward communications, and support team events/workshops. - Streamline administrative workflows and provide cover for the EA to CFO. - Manage Team Administration Assistant’s line management responsibilities. Required Skills: Advanced Microsoft Office (Outlook, Excel, Word, PowerPoint). Financial systems knowledge (e.g., Oracle, ServiceNow). Analytical and problem-solving abilities. Interpersonal communication, time management, and organizational skills. Proactive initiative, adaptability, and discretion. Required Education & Certifications: Bachelor’s degree in Business or related field preferred. Financial services certification advantageous.
London, United kingdom
Hybrid
08-01-2026
Company background Company brand
Company Name
Pension Insurance Corporation plc
Job Title
Head of Origination Business Partnering
Job Description
Job Title: Head of Origination Business Partnering Role Summary Lead the Origination Business Partnering function to ensure PIC’s new business pricing is competitive, balanced sheet‑aligned, and compliant with UK regulatory frameworks. Provide technical actuarial oversight, support risk management, and manage a small team to deliver high‑quality business cases and seamless deal onboarding. Expectations - Drive strategic pricing and structuring decisions for new business. - Act as SME on Solvency II, IFRS 17, and UK pension regulations. - Deliver timely, data‑rich business cases to committees. - Lead, develop, and manage a two‑person team, fostering growth and process scalability. Key Responsibilities - Review and challenge new business pricing proposals, assessing balance‑sheet impact and prudential assumptions. - Conduct model reviews and ensure consistency of actuarial assumptions across new business and reserving models. - Support Origination in structuring deals, addressing unusual features and ensuring Master Assurance (MA) eligibility. - Collaborate with Funded Reinsurance, regulatory affairs, and other functions to define risk limits and eligibility criteria. - Provide subject‑matter expertise on Solvency UK and assist regulatory explanations to PRA. - Ensure smooth onboarding of new deals by coordinating with ALM, Legal, Ops, Reporting, Forecasting teams. - Manage cash‑flow matching and liaise with Business Partnering colleagues on portfolio optimization. - Identify and implement process improvements for scalability and efficiency. Required Skills - Advanced quantitative and analytical abilities with strong numerical judgment. - Proven communication, influence, and stakeholder‑management skills. - Experience in risk‑based pricing, model review, and regulatory compliance. - People‑management experience and capability to develop technical and non‑technical talent. Required Education & Certifications - Post‑qualified actuary (Institute & Faculty of Actuaries or equivalent). - Demonstrated experience in pensions or life insurance. - Profound knowledge of UK life insurer balance sheets under Solvency II and IFRS 17, UK defined‑benefit pension schemes, bulk annuities, and matching adjustment regulations.
London, United kingdom
Hybrid
17-02-2026