Systems Actuary

The role reports to the Head of Actuarial, Investment and Spence Consulting and the Spence Operations Board.

You would be responsible for leading in the delivery of technological solutions and improving the efficiency of our services through our use of technology, including the following:

• Define and manage the technology vision and strategy for our actuarial, investment and consulting services, aligning with customer needs and business goals (Mantle, and potentially including Club Vita, Conning, VaR calculations and ALM).
• Lead change management initiatives in our use of technology – for example, recommending and implementing new technologies, in particular our use of AI, new processes and quality control frameworks to optimise our operations.
• Drive and deliver developments of Mantle that are necessary to the efficient delivery of our current and future service offerings, liaising as needed with key individuals in Mantle.
• Leverage actuarial expertise to ensure our use of technology aligns with industry best practices, regulatory and professional requirements, and provide innovative solutions to complex actuarial and investment challenges.
• Act as subject matter expert, taking a lead role in providing guidance on our use of technology in solving complex actuarial calculations and consulting scenarios.
• Monitor technology performance, gather user feedback, and use data-driven insights to develop and prioritise technology improvements.
• Provide key support in the delivery of actuarial and investment project services that have solutions that are technology orientated, e.g. GMPE, DC, Installations.
• Act as key actuarial liaison within Spence for external parties on administration only cases to develop processes and ensure efficiency in the flow of information needed by, for example external actuaries, investment consultants, insurers.
• Manage stakeholder relationships, serving as a primary point of contact for matters related to our use and development of technology, for example, with our IT team, Mantle, and Club Vita (and potentially Conning and Morningstar).
• Develop and deliver effective training to individuals in the use of our technology
• Identify, develop and lead a group of individuals to support the achievement of the above objectives where needed
• Report to, and attend meetings of, the Spence Operations Board as necessary.
• Undertake client work that supports the above plus, potentially, lead on a small number of BAU clients (Trustee and corporate). While it will vary over time, split of hours expected to be approximately 2/3rds on Technology Lead role and 1/3rd on client work.

Spence & Partners (Spence) provides full pension actuarial, consulting, investment consulting and administration services that provide simply smarter solutions for trustees, employers, and members.

We are excited about the future. The industry in which we operate offers a dynamic and challenging environment and our excellent reputation is contributing to the growth of our business from an expanding portfolio of clients. With our unique approach to the provision of services, we aspire to continue to extend our client base and deliver truly integrated solutions across our work through the use of our highly innovative software platform, Mantle.

Spence is part of the 3173 Group of companies, which also includes Dalriada Trustees Limited, one of the UK’s largest professional pension scheme trustee companies, and Mantle, which reimagines the traditional models of defined benefit pensions administration, actuarial valuation and investment consulting software. Joining us as a graduate can open up a wealth of opportunities for you across the group.

We have clients throughout the UK, serviced from offices in London, Belfast, Glasgow, Manchester, Birmingham, Bristol, and Leeds.