Actuarial Specialist - Defined Benefit Development

DB Development Actuarial Specialist

Location: London or Reigate – hybrid 50%

Full time – 35 hours

____________________________________________________

Who are Just?

We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing FTSE 250 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 1,400 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.

Purpose

This is a key role in the innovation and development of our actuarial services that focus on our member and operational services. The opportunity this role presents is one which combines the rigour of an actuarial approach and skill set to build an efficient, progressive and ambitious member operational service provision.

This role provides opportunities to shape, build and assist in the deployment of longer term strategic and tactical actuarial and data led builds to support the growth ambitions of the Defined Benefit (DB) Operational Service Area’s.

Your contributions will enhance the scalability of our operational platforms, supporting the DB team to provide reliable, comprehensive and market leading solutions to our clients

In this role you will:

• Work closely with the DB Member and Operational Service teams to gather requirements and specifications for platform and tool development, testing, and validation. Ensure model developments are embedded effectively.
• Manage the actuarial testing and sign-off for new schemes loaded to existing member options factor automation when required.
• Prepare and/or check internal sign off documentation for each development as required following agreed sign off process
• Develop a deep knowledge of all systems and tools used our actuarial and operational teams.
• Proactively drive projects forward to ensure they are progressed in line with expected timescales.
• Actively assist in development of junior DB team members through training and knowledge sharing
• Collaborate with the DB Strategic Development team to ensure the interoperability of the developed tools and platforms.
• Collaborate with the DB Pricing and Proposition Development teams to new or enhanced tools can be supported with our Pricing platform if required
• Work collaboratively with colleagues across DB to ensure that tool and data structure changes flow through effectively to the wider DB ecosystem.

Skills and Knowledge

• Strong IT skills, particularly Excel
• Strong technical skills, deep technical knowledge of actuarial concepts particularly those underlying bulk annuity pricing.

Qualifications

• Obtained FIA qualification

Company Benefits

• A Competitive Salary, Pension Scheme and Life Assurance
• Along with 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 – paid annually based on individual and company performance against targets
• Opportunity to progress within your career both in-role and within the company
• FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
• A variety of Employee Funded Benefits available to you via our Online Benefits Portal
• Plus, several additional purchase options available for you and your loved ones

Why Just?

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.

We’re committed to building a more sustainable business, and we’re working hard to make progress against our Net Zero targets. We're reducing our reliance on fossil fuels in our offices, switching to more sustainable sources of energy and we're investing more of our money in green and social assets.

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 at Just. We 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.

At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.