David Watt
About David Watt
David Watt is the Director of Pension Risk Transfer at Legal & General, where he has worked since 2015. With nearly 30 years of experience in pensions, insurance, and investments, he specializes in providing de-risking solutions for defined benefit schemes.
Work at Legal & General
David Watt has served as the Director of Pension Risk Transfer at Legal & General since 2015. In this role, he focuses on providing de-risking solutions for defined benefit schemes, which enhances benefit security for members. He collaborates closely with pension scheme trustees, sponsoring employers, and their advisers to effectively manage pension risks. Prior to his current position, he held the role of International Annuities Development Manager for a year and worked as a Reporting Actuary for three years at the same organization. His extensive experience at Legal & General has contributed to structuring large-scale annuity and longevity deals.
Education and Expertise
David Watt is a Fellow of the Institute and Faculty of Actuaries, reflecting his advanced knowledge in actuarial science. He studied Actuarial Science and Statistics at Heriot-Watt University from 1997 to 2001. His foundational education includes attending Coltness Secondary School from 1990 to 1997. With nearly 30 years of experience in pensions, insurance, and investments, he possesses a comprehensive understanding of the complexities involved in pension risk management.
Background
David Watt began his career as a Consulting Actuary at Aon Hewitt, where he worked for a decade from 2001 to 2011. He then transitioned to Legal & General, where he held various actuarial roles before becoming the Director of Pension Risk Transfer. His career path reflects a strong commitment to the actuarial profession and a focus on pension-related services.
Achievements
Throughout his career, David Watt has been instrumental in structuring large-scale annuity and longevity deals at Legal & General. His work in the Pension Risk Transfer sector has significantly contributed to enhancing the security of benefits for members of defined benefit schemes. His ability to work closely with various stakeholders in the pension sector demonstrates his expertise and commitment to effective risk management.