Hymans Robertson makes longevity swap hire from Mercer

Independent pensions consultancy Hymans Robertson has hired Baljit Khatra, an actuary with significant experience in longevity swap and reinsurance arrangements, from Mercer, as the firm looks to expand its capabilities to help pensions with their longevity risk transfer needs.

Khatra joins Hymans Robertson as a Risk Transfer Consultant and will be based at the firm’s Birmingham office.

He is a qualified actuary and Financial Conduct Authority regulated, and most recently spent 7 years at Mercer where he worked in their strategic solutions group.

In his time with Mercer, Khatra worked on a number of multi-million and multi-billion risk transfer transactions, including most of the longevity swap transactions that Mercer has advised on in recent years.

James Mullins, Head of Risk Transfer Solutions at Hymans Robertson commented on the hire, “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. We expect 2018 to be a record breaking year for risk transfer and Baljit’s addition to the team will enable us to continue building upon the high-quality, independent consulting that pension schemes know and choose us for.”

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.”

Read about many historical longevity swap and reinsurance transactions, in our Longevity Risk Transfer Deal Directory.