Actuarial Specialist

Actuarial Specialist

The CPS Actuarial Specialist is responsible for the post‑sale pricing process, MAG approval, member option support and wider CPS operations team support.

• Management of the post‑sale pricing process, including compliance with contractual terms, key controls, and validation of pricing outputs.
• Key point of contact for developing methodology for all CPS member option calculations.
• Own the deal Matching Adjustment (MAG) approval process and produce required documentation.
• Provide broader support within CRS Operations to deliver and maintain BPA business.
• Develop scalable solutions with robust processes and controls.
• Coordinate with internal and external stakeholders on assumptions and calculations.
• Drive continuous improvement through innovation and new opportunities.
• Provide management information to governance forums.
• Support delivery of other elements of the CPS business plan.

• Strong analytical actuarial skills.
• Qualified actuary preferred; part‑qualified candidates welcome.
• Problem‑solving skills.
• Financial services and insurance knowledge, especially defined‑benefit pension de‑risking.
• Experience managing internal parties to deliver contractual deliverables.
• Passion for the customer.
• Pension technical knowledge.
• Effective written and presentation skills.
• High degree of honesty, integrity and discretion.

Location:

Reading / London

Work Level: Experienced Colleague

Recruiter:
Amy Curtis

Closing Date: 23/07/2026

• Valuable pension scheme (18% contribution: 13% employer, 5% employee).
• Share Save and Share Incentive Plan.
• 38 days annual leave plus optional purchase of up to 5 additional days and Time Off policy.
• Inspiring Families policy including paid parental leave for maternity, adoption, surrogacy and paternity.
• Health & protection cover: private healthcare, critical illness and life assurance (including family options).
• Access to financial wellbeing and support services.

We welcome applications from diverse candidates, including those from military service and returning from career breaks. We also welcome applicants with long‑term health conditions, disabilities or neuro‑divergent conditions. Please contact us for any accommodation needs at