Pension Insurance Corporation plc

On Sunday The Observer published this profile of Tracy Blackwell, PIC's CEO. https://lnkd.in/eK6JqMnd

Pension Insurance Corporation plc - Environmental Finance's Sustainable Re/Insurer of the Year 2024 ⭐ https://lnkd.in/ee8qQfH5 ⭐

This week, I’ve had the incredible opportunity to participate in the insight scheme with APR - Actuarial Solutions Throughout the week, I immersed myself in various aspects of actuarial work, gaining a deep understanding of financial mathematics, reserve valuation, and policy modeling. Highlights included hands-on sessions with deterministic and stochastic modeling in Excel, working on complex calculations for pensions and reserves, and applying capital modeling techniques to real-world scenarios. I particularly enjoyed learning about the different types of actuaries—from general assurance to life or pensions showing the variety of opportunities in the industry. Also visiting the offices of Pension Insurance Corporation plc, where I met in-house actuaries, and contrasting that with the consultancy structure of APR, provided a breadth of perspective that was enlightening. One standout moment was working with the chain ladder method and the Bornhuetter-Ferguson technique to predict future claims. This exercise beautifully amalgamated all our Excel skills and actuarial knowledge developed from the week into a comprehensive analysis and projection. The week culminated in a group task where we applied everything we learned to price insurance for a scenario involving a newly built theme park, considering risk mitigation and underwriting procedures - presenting our findings to peers and APR colleagues. This task was challenging as we had to try and handle the multitude of concerns that we needed to consider when pricing a policy in such a short time with very limited data but we worked well to present a cohesive and structured recommendation. This hands-on approach has given me a clear and engaging perspective on actuarial science, and I now feel well informed and equipped as to how to pursue a career as an actuary. Additionally, the insights into graduate recruitment and application strategies were invaluable. I want to extend my heartfelt thanks to Amar Gorania who led the program, and to all other APR colleagues who contributed to the sessions. I truly have learnt so much from you all and felt so welcomed by all the team. #ActuarialScience #CareerInsights #APRActuarial #FinancialMathematics #ExcelModeling #InsurancePricing #CareerDevelopment #InsightWeek

𝗥𝗜𝗖𝗦 𝗔𝗪𝗔𝗥𝗗𝗦 𝟮𝟬𝟮𝟰: New Victoria Manchester awarded in the Residential Development category at RICS North West Awards 2024. Aspex are delighted to have supplied the complete doorset interior fitout package for New Victoria, Manchester. This includes entrance doorsets, internal and communal doorsets, concealed risers and architectural ironmongery. Congratulations to all involved.. Aspex lead: Ashley Burbery, Darren Wetton Contractor: VINCI Construction / Tony Grindrod Joinery sub-contractor: REDS JOINERY LIMITED Architect: Sheppard Robson Pension Insurance Corporation plc HAALO Ltd / Ben Sedgewick and many others

In the current issue of Compound Interest piece we examine the considerable social value created through the early lifecycle of a development, including environmental benefits, jobs and skill development. These are all very important beneficial outcomes. However, equally as important when describing the social value of a regeneration project are the health and community, or social fabric, benefits that these developments enable once the are in operation. Or, as Sam Winnard, Head of Build-to-Rent Operations at PIC describes, 'The creation of vertical villages': https://lnkd.in/eWxMr3Gp #socialvalue #investments #urbanregeneration #policyholders #purpose

🎉 Can you handle even more euphoria for New Victoria? This is what happened when we attended the North West Regional Construction Awards - NWRCA. What a night it was! 🌟 Walker Sime was part of the award-winning project teams that delivered the following: 🏆 Residential project of the year - New Victoria in conjunction with VINCI and Muse 🏆 Sub-regional project winner - Mallory and Irvine in conjunction with Morgan Sindall and Muse 🏆 Sub-regional project winner - Glass Futures in conjunction with Bowmer and Kirkland 🏆 Delivering value award - Mallory and Irvine in conjunction with Morgan Sindall Our Associate Director Viet said: “What a great evening with some great friends from the New Victoria project team. This was a testament to such a collaborative project, and we spent the whole night reminiscing on the stories about our time working together. The team got on so well and we would be really happy to work with the same group of professionals again on another endeavour. The NWRC Awards was a great way to reconnect and celebrate New Victoria – congratulations to all winners and onwards to the UK Awards ceremony in London!” Ben Sedgewick John Roberts Matt Legg Simon Hourihan Pension Insurance Corporation plc Sheppard Robson Futureserv Consulting Engineers #AwardWinning #ConstructionAwards #TeamWork #Celebration

Delighted to have finished my studies at the University of Oxford , receiving a Merit in my MSc in Mathematical Sciences. Onto the next steps, starting with a summer internship at Pension Insurance Corporation plc.

Every year we are delighted to welcome thousands of policyholders to our hugely popular, free-of-charge policyholder events, which are designed to give them the opportunity to meet the people who are responsible for looking after their pensions. Last week we held the third of a series of nine events being held across the UK, at Voco St David’s Cardiff Hotel. Over lunch 170 policyholders and their guests also heard from celebrity speaker and TV doctor, Dr Sarah Jarvis. As well as finding out about how we are managing their pensions, many of our policyholders also use the occasion to reconnect with former colleagues or friends. #policyholders #pensions #directbenefitpensions #investments #socialvalue #purpose

Great opportunity within our Finance team!

Our CEO, Tracy Blackwell, was on LBC Radio with Tom Swarbrick yesterday talking about the Chancellor’s speech and unblocking the planning system to allow more infrastructure and housing projects to be brought forward: https://lnkd.in/ejaBwqwX PIC has invested more than £13 billion to date in these types of projects, to back our policyholders’ pensions over the coming decades. What’s going to be key is working through the regulatory agencies and Arm’s Length Bodies to make sure that everyone understands that growth is the primary mission. You can read more about some of the reforms we see as necessary here: https://lnkd.in/eeQaUQVM #housing #infrastructure