DB Actuarial Analyst

Actuarial Analyst - Defined Benefit Member Services Team

Location:

London (Hybrid - 50%)

Contract:

Permanent

Hours:

35 hours

The DB Actuarial Analyst will undertake pricing and actuarial input required to support delivery of DB Data True Ups and other tasks relating to in-force business.

We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,200 purpose-led colleagues who genuinely put the customer at the heart of everything we do.

This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.

• Support Head of True up, DB Actuary and DB Senior Actuarial Analyst in accurate and timely delivery of data true ups.
• Prepare internal sign off documentation produced for each quotation, ensuring results are presented in a clear manner, outlining all material areas of judgement and limitations.
• Prepare drafts of client deliverables / data true up letters to be issued externally.
• Carry out all necessary BAU work for in force business which includes scheme valuations.
• Prepare scheme valuations and ensure they are delivered in a timely and accurate manner.
• Prepare individual member calculations and ensure they are delivered in a timely and accurate manner.
• Develop a deep knowledge of all systems and tools used by the True up team.
• Proactively help to drive projects forward to ensure they are progressed in line with expected timescales.
• Proactively work to promote a culture of collaboration and engagement within the True up team.
• We seek individuals enthusiastic about leveraging new technologies to drive innovation and efficiency.

• Actuarial or Maths related degree is desirable, and / or working towards FIA qualification with some relevant experience.
• Desire for an Actuarial career.
• Understanding of actuarial principles and techniques.
• Familiarity with DB pension scheme benefits, and regulation is desirable.
• Familiarity with life insurance principles and regulation is desirable.
• Good IT skills, particularly Excel.
• Strong analytical and problem-solving skills.

At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive† culture‐‐we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.

• A competitive salary, pension scheme and life assurance
• 25 days annual leave plus an additional day on us for your birthday
• Private medical cover and income protection, just in case
• A generous and highly achievable bonus scheme
• Opportunities to progress your career in-role and within the company
• Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
• A variety of employee funded benefits available via our online benefits portal
• Plus, several additional purchase options available for you and your loved ones

Explore our full range of benefits on our dedicated benefits page.

Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on†DEIB (Diversity, Equity, Inclusion and Belonging)†aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work  remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.

Be Bold. Be Brilliant. Be Just