Actuarial Analyst/Pensions Analyst
England
Corporate Functions
Full Time
From GBP 48000.00 per annum
Contact
Posted Date
16/12/2024
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