Actuarial Analyst/Pensions Analyst

England

Corporate Functions

Full Time

From GBP 48000.00 per annum

Contact

[email protected]

Posted Date

18/11/2024

Job Ref.

BBBH16424

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Our client has an opportunity for an Actuarial Analyst to join them on a permanent basis. We are looking for someone with DB pensions experience to join the Special Project’s team, and ideally you will come from a technical or administration pensions background with experience of pensions calculations and advanced excel skills (vLookups/Macros).

Role: Actuarial Analyst
Location: Fully Remote
Hours: Monday to Friday, 09:00-17:30
Salary: Up to £48,000 DoE

Responsibilities:

  • Taking a significant role on a wide range of DB pensions projects for occupational DB pension clients, public sector DB pension clients and bulk annuity providers and may include any/all of the below plus other project types as they arise:
  • Benefits and data due diligence
  • Benefit calculation audits
  • Data validation and improvement/creation projects
  • Calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
  • Benefit summary specification creation or review
  • Attending client meetings or calls
  • Acting as the client’s primary point of contact on some projects
  • Documenting issues/results with clear communication style by email and phone
  • Producing/reviewing consulting reports on projects, as required

Work includes:

  • Benefit calculation audits
  • Data validation/audits and improvement/creation projects
  • Benefits and data due diligence
  • Benefit correction/rectification exercises
  • Benefit calculation proforma for administration teams to use on smaller clients
  • Calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
  • Benefit summary specification creation or review
  • Documenting issues/results with clear communication style by email and phone
  • Liaising with internal contacts across the wider pensions business
  • Drafting consulting reports on projects, as required

Requirements:

  • Experience in a technical or administration role in DB pensions or currently working in an actuarial team this could be part qualified or qualified by experience
  • 18-24 months experience working at a checking level
  • Advanced Microsoft Excel
  • Pensions calculations
  • Experience with public sector pensions is an advantage
  • A practical, wide/deep knowledge of occupational DB pensions
  • Flexibility to work on different types of DB pensions projects, sometimes simultaneously
  • Ability to deliver to tight timescales
  • Clear communication with actuaries and non-actuaries
  • Meticulous attention to detail
  • Ability to work both independently and as part of a team
  • Experience of supporting and developing analysts through project work
  • Good team player, with excellent attitude and flexible approach to work

What’s in it for you?

  • 23 days’ holiday (rising to 27) with the opportunity to buy extra leave
  • Company matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks…and plenty more
  • Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology
  • The opportunity to take a paid day out of the office, volunteering for our charity partners or a cause of your choice
  • Access to our Employee Network Groups, which represent every strand of diversity and allow colleagues to connect and learn from each other on an open, inclusive platform

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