Hymans Robertson hires risk specialist Baljit Khatra

18 January 2018 Authored by Consultancy.uk

Actuarial consulting firm Hymans Robertson has enhanced its pensions and benefits consultancy with the hire of Baljit Khatra. The former Mercer employee will shore up Hymans Robertson’s offering, as the firm prepares for heightened demand in 2018.

Baljit Khatra has joined Hymans Robertson, one of the longest established actuarial firms in the UK, as a Risk Transfer Consultant in the company’s Pensions and Benefits Consultancy. Khatra is one of 16 consultants who will advise pension scheme trustees and sponsoring employers on the best approaches to insuring risks. He will be based in the firm’s Birmingham office, arriving from his previous engagement at Mercer.

During his 7 years with the consultancy, Khatra was made a Risk Transfer Consultant in 2014 – joining Mercer’s Financial Strategy Group as part of a newly formed Midlands team. Working amid a national headcount of 70 professionals, Khatra was deployed on a number of multi-million and multi-billion risk transfer transactions, including the majority of longevity swap transactions that Mercer advised on in recent years. He initially joined the firm in 2010, as an Actuarial Trainee, alongside his studies in FIA and Actuarial work with the Institute & Faculty of Actuaries, becoming FCA regulated in 2015.

Baljit Khatra - Risk Transfer Consultant at Hymans Robertson

James Mullins, Head of Risk Transfer Solutions at Hymans Robertson, said, “We are delighted to welcome Baljit to our growing and expert risk transfer team at Hymans Robertson. His significant risk transfer experience will be a great benefit to the rapidly increasing number of pension schemes who are looking to capture competitive pricing for buy-ins and longevity swaps.” 

Remarking on his appointment, Baljit Khatra, Risk Transfer Consultant, added, “I’m thrilled to join the innovative team at Hymans Robertson, especially as we approach such a record-breaking time for risk transfer.  I look forward to helping our pension scheme clients to capture opportunities to reduce risk and meet their long term objectives in a tailored and efficient manner.”

Hymans Robertson, which was founded in 1921, delivers a range of services including actuarial, investment consulting, enterprise risk management, third-party pensions administration and communications consulting. The bulk annuity market is currently set to beat all records with new transactions reaching £30 billion for the first time, and as Hymans Robertson’s client base, which includes numerous FTSE 100 and FTSE 250 financial institutions, prepares for a variety of challenges this year, the organisation expects that 2018 will be a busy year in the risk transfer field, following strong demand already.

Last year also saw the firm grow significantly. Hymans Robertson expanded its Partner team by eight in 2017 along with promoting Karen Brolly as the company’s new Head of Products.

News

More news on