Senior Actuarial Analyst - DB Member Options

Senior Actuarial Analyst - Pension Member Services - Calculation Tool Improvement

Location: London or Reigate – hybrid 50%

Contract: Permanent

Hours: 35 hours

Purpose of role

The purpose of this role is to complete and review member options calculations requiring actuarial input, support actuarial testing of member options tools, and contribute to the growth of the DB area and improvements to member experience. The role will work collaboratively to develop and test bespoke automated member options solutions and provide additional actuarial calculations, including new business and true-up activities, to support the wider 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

• Provide actuarial calculation support for standard and non-standard member option cases.
• Analyse, upload and test scheme benefit data to ensure member options tools run accurately and efficiently.
• Support ongoing maintenance, monthly updates, troubleshooting and enhancement of member options tools.
• Prepare and review internal sign-off documentation in line with agreed governance processes.
• Deliver BAU actuarial work for in-force business, including scheme valuations where required.
• Build and maintain strong working knowledge of all systems and tools used by the Actuarial Member Services team.
• Drive projects to agreed timelines while supporting the development of junior team members through training and knowledge sharing.

What we’re looking for

• Good knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.
• Strong analytical and problem-solving skills.
• Strong IT capability, particularly in Excel.
• Sound understanding of actuarial concepts, especially bulk annuity pricing principles.
• Clear and effective verbal and written communication, able to explain complex financial concepts.
• Strong interpersonal skills with the ability to work well in a team.
• Ability to work independently with minimal supervision.

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