Actuary - Defined Benefit Pensions
UK Visa Sponsorship Analytics
Above analytics are generated algorithmically based on job titles and may not always be the same as the company's job classification. You can also check detailed occupation eligibility, and salary criteria on our UK Visa Eligible Occupations & Salary Thresholds page.
Disclaimer: Hunt UK Visa Sponsors aggregates job listings from publicly available sources, such as search engines, to assist with your job hunting. We do not claim affiliation with Just Group plc. For the most up-to-date job details, please visit the official website by clicking "Apply Now."
Actuary - Defined Benefit Pensions
Location: London or Reigate – hybrid 50%
Contract: Permanent
Hours: 35 hours
Purpose
This role is key to support the growth and development of the Defined Benefit (DB) area and primarily our member option calculation function.
The purpose of this role is to assess member option calculation requirements, scope and develop calculation requirements and ensure the accuracy of our solutions.
This role will also involve working collaboratively to develop capabilities and test bespoke, automation member option tools within the DB Business.
The role holder will also be able to provide other actuarial calculations which may include, but not limited to, new business and true up activities to support our growth agenda.
About 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 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.
Key responsibilities
- Drive development and refinement of features of the member option calculation tool.
- Test and review automated member calculation results for accuracy and complete UAT on the tool.
- 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 Pricing and Proposition Development teams to ensure our tools reflect insured benefits and meet benefit design briefs
- Work collaboratively with colleagues across DB to ensure that tool and data structure changes flow through effectively to the wider DB ecosystem.
What we’re looking for
- Experience of working within a pension consultancy or life insurance company
- Strong technical skills, deep technical knowledge of actuarial concepts particularly those underlying bulk annuity pricing.
- Strong knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.
- Obtained/part FIA qualifications or experienced professionals without FIA qualifications, but with pensions and model development experience but will also be considered
- Strong analytical and problem solving skills
- Strong IT skills, particularly Excel and VBA
What’s in it for you
- 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.
Be Bold. Be Brilliant. Be Just.