Just Group plc
Actuarial Analyst
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Actuarial Analyst - Defined Benefit (DB) Pensions - True Up Team
Location: London or Reigate (Hybrid - 50%)
Contract: Permanent
Hours: 35 hours
Purpose
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.
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
- 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.
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What we’re looking for
- 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.
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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
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