![]() |
A large corporation asked Milliman to help reassess its pension plan investment strategy. At the time, the client maintained a traditional policy: 70% equity and 30% fixed income. While common, this strategy allowed for significant tracking risk between the plan's assets and liabilities, leaving investors vulnerable to declines in interest rates and increases in liabilities. To mitigate this risk, the company wanted to fully fund its plan and lock it away. Instead, Milliman suggested an approach that would better align the company's assets with its liabilities. This liability-driven investment (LDI) strategy would enable the company to gain sufficient assets to meet all of its liabilities, both current and future. Now, the value of liabilities tracks the value of assets as interest rates rise and fall, and the plan's funded status remains stable. This approach is especially useful in light of new laws like the Pension Protection Act of 2006, which requires that plans be fully funded. |
|
|
|
|
Consultancy Bonanza! | ||
UK-wide / London / hybrid - Negotiable |
Service Delivery Manager - Pensions | ||
Scotland / remote / 2 dpm in the office - Negotiable |
Life Actuarial Student – Risk | ||
Glasgow / hybrid 2 dpw office-based - Negotiable |
Senior Investment Analyst | ||
London / hybrid - Negotiable |
ALM Strategy Specialist | ||
Bermuda - Negotiable |
Senior Casualty Reinsurance Actuary | ||
London - £140,000 Per Annum |
Senior Pensions Administrator - Midlands | ||
Birmingham / hybrid - Negotiable |
Senior Pensions Administrator - Scotland | ||
Scotland / hybrid 2 days per month office-based - Negotiable |
Investment Analyst | ||
South East / hybrid - Negotiable |
International Capital Management Actuary | ||
Bermuda - Negotiable |
VP Reserving Actuary | ||
London - £150,000 Per Annum |
Calling all BPA analysts! | ||
North West / hybrid 50/50 - Negotiable |
Financial Planning & Analysis Actuary | ||
London/Hybrid - Negotiable |
Apply Your Doctorate to Technical Pri... | ||
Fully remote / nationwide / hybrid working options all available - Negotiable |
Senior Investment Manager | ||
London / hybrid - Negotiable |
P&C Consultant | ||
London / hybrid 3dpw office-based - Negotiable |
Senior Pricing Actuary | ||
London - £140,000 Per Annum |
Actuarial Pensions Manager | ||
Flex / hybrid 2-3 dpw office-based - Negotiable |
Financial Reporting in beautiful Bermuda | ||
Bermuda - Negotiable |
Make a difference within BPA Administ... | ||
North West / hybrid 50/50 - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.