Actuarial Specialist

Are you ready to chart your own career path? With our refreshed strategy, we’re building on our rich heritage and transforming our business to be more scalable and efficient, unlocking the capabilities needed for future success. This includes significantly investing in technology, streamlining the way we work and creating an environment where colleagues feel engaged, empowered and accountable; where they can show up, speak up and perform - because we believe in the difference our work makes.

At a glance:

Location: Cirencester Office

Workplace Type: Hybrid

Employment Type: Permanent

Seniority: Associate

The role:

The role of Group Products (“the Division”) is to develop and oversee the suite of products and services available to clients of St. James's Place, ensuring they are fairly priced, support business growth and deliver good client outcomes.

The main purpose of the role is to provide actuarial expertise and product technical support to both stakeholders across the SJP Group and on Divisional projects.

What you'll be doing:

• Provide product technical and actuarial support to the SJP Group, including the Partnership, on areas such as Capital Gains Tax calculations, Critical Yield Calculations, product functionality, illustrations and other calculations.
• Provide support to Actuarial Managers, Actuarial Consultants and different Leads across the Division who may be leading projects or project workstreams. Example projects may include implementation of enhancements to our investment proposition, annual charges reporting to clients or annual reviews of manufactured products.
• Carry out checking of the work of Actuarial Analysts and provide them with guidance and support.
• Maintain product documentation and our suite of advice tools to auditable standards.
• Ensure the accuracy of Illustrations, terms and conditions, advice tools and product documentation.
• Provide figures and analysis to support business decisions.
  
  

Who we're looking for:

We're looking for a detail-oriented and supportive professional with strong analytical and communication skills. The ideal candidate will collaborate across teams, provide clear technical guidance, ensure accuracy in product information, and mentor others while contributing valuable insights to business decisions.

Essential Criteria

• Degree in a numerate or analytical subject (e.g. Maths, Economics, Engineering, Physics, Actuarial Science), preferably grade 2:1 or above.
• Must be a part-qualified actuary with financial services and/or commercial experience (not strictly UK experience, consider other regions).
• Proven understanding of key actuarial concepts such as financial projections and modelling.
• Foundational knowledge of Excel and other IT skills, with some coding knowledge (e.g. VBA, R, Python).
  
  

Desirable Criteria

• A strong track record of delivery with a "can do" attitude.
• Good interpersonal skills to effectively communicate with the Partnership and colleagues from across the business.
  
  

Special Requirements:

• Commitment to continue progress through the actuarial exams with the aim of qualifying as a Fellow of the Institute and Faculty of Actuaries. An enjoyment of study and the ability to self-manage your time are important
• This role is based in Cirencester- we operate a hybrid working approach, with an expectation to attend the office regularly.
  
  

What's in it for you?

We reward you for the work you do, whether that’s through our discretionary annual bonus scheme that reflects both personal and company performance, competitive annual leave allowance (28 days plus bank holidays, with the option to purchase an additional 5 days), or online rewards platform with a variety of discounts.

We also have benefits to support whatever stage of life you are in, including:

• Competitive parental leave (26 weeks full pay)
• Private medical insurance (optional taxable benefit)
• 10% non-contributory pension (increasing with length of service)
  
  

Reasonable Adjustments We're an equal opportunities employer and want to ensure our recruitment process is accessible and inclusive for all, if you require reasonable adjustment(s) at any stage please let us know by emailing us at [email protected]

Research tells us that applicants (especially those from underrepresented groups) can be put off from applying for a role if they do not meet all the criteria or have been on an extended career-break. If you think you would be a good match for this role and can demonstrate some transferable experience please apply, regardless of whether you tick every box.

What's next?

If you're excited about this role and believe you have the skills and experience we're looking for, we'd love to hear from you! Please submit an application by clicking ‘apply’ below and our team will be in touch.

As a business regulated by the FCA we would advise you to familiarise yourself with the conduct regulations and in particular consumer duty obligations prior to an interview with SJP.