Pension Insurance Corporation plc
Ajay Dave is an accomplished investment accountant and internal audit relationship manager at Pension Insurance Corporation, where responsibilities include overseeing investment information for regulatory submissions and ensuring accurate accounting for pension scheme assets. With a history of improving credit risk analysis and participating in significant strategic projects, Ajay has also managed relationships with custodians and auditors, and contributed to gaining PRA approval for Solvency II initiatives. Previously, Ajay served as a vice president at Bank of America, managing international initiatives and compliance, and held various senior roles at JP Morgan, focusing on finance management, controls, and business analysis within investment banking technology.
Pension Insurance Corporation plc
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 half year 2023, PIC had insured 339,900 pension scheme members and had £44.9 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 almost £12 billion to its policyholders. 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