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Actuary (DB)

Employer
Just Group PLC
Location
London (Central), London (Greater), Reigate, Flexible
Salary
Competitive + Bonus & Benefits
Closing date
8 Dec 2021
Reference
R1859

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Job Details

Our actuaries lead the way here at Just and none more so than within our Defined Benefit Pricing team. As we scale up to grow our evolving DB proposition we have a great opportunity for a nearly/newly qualified actuary to join us on a 12 month FTC as a DB Actuary.

Based from either our Reigate or London offices you’ll work alongside a collaborative and dedicated team, undertaking pricing and actuarial input required to support delivery of the DB Business Plan which includes all aspects of BAU delivery and project requirements.

We’re passionate about providing a platform for people to grow and that’s why we provide study support to all our student actuaries. This role is no different and should you be close to qualifying we’ll provide the support to get you to FIA status.

We’re interested in hearing from talented individuals with a DB / Annuity Pricing / BPA background from either a life insurer or pensions consultancy. You will ideally be close to qualifying or have recently qualified. If this sounds like you then do reach out to us to find out more.

You Will

  • Support our DB Actuaries in the accurate and timely delivery of new business quotations.
  • Populate and run pricing models to calculate premiums, including manipulation of data, assumption setting and calculation of all associated pricing metrics.
  • Support the accurate and timely delivery of data true ups
  • Check drafts of internal or external sign off documentation produced by the team for each quotation or true up, ensuring results are presented in a clear manner, outlining all material areas of judgement and limitations.
  • Proactively drive projects forward to ensure they are progressed in line with expected timescales.
  • Check individual member calculations carried out, to ensure they are delivered in a timely and accurate manner.
  • Develop a deep knowledge of all systems and tools used in DB pricing.
  • Provide support in ad hoc tasks such as data analysis, proposition developments, systems testing and process improvements.

You

  • Have experience of working within a pension consultancy or life insurer
  • Nearly / Newly qualified
  • Sound knowledge of technical actuarial concepts, particularly principles underlying bulk annuity pricing
  • Good knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.
  • Strong analytical and problem solving skills
  • Good interpersonal and team working skills

Working for us, you get your Just Rewards…

  • Such as a Competitive Salary, Pension Scheme and Life Assurance
  • Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
  • Private Medical Cover and Income Protection, just in case
  • A Bonus Scheme that takes a balanced approach and looks at both `in role performance’ but also `the behaviours and attitudes you exhibit at work’
  • FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
  • Plus we have a variety of Employee Funded Benefits available to our Employees via our Online Benefits Portal

Company

We’re a new kind of Retirement Company. But we have decades of experience helping people to prepare for retirement and protect their income in later life. Formed in 2016 we combine the strengths of two leading retirement providers, each with their own expertise: the Partnership Assurance Group and the Just Retirement Group. Between us, we’ve already helped over a quarter of a million people get more from later life, and together, we’re ready to help even more.

We’re difference makers and we’re committed to helping everyone achieve a fair, secure, and fulfilling retirement, so when you join us, you’re not joining just another financial services company.  You’re joining a company on a mission.

We create possibilities.  Our people have the opportunity to make an impact in their career while making a difference to the lives of those around us.  We work together as a team and are passionate about what we do.  And we know how important our people are to making this mission happen. That’s why we aim to provide an inspirational and supportive place to work, whatever your role. 

We reward people who make a difference. Because we care about our people and their wellbeing, we’re committed to ensuring that we all feel personally supported and professionally inspired at every stage.  Everyone has access to our wellbeing programme, professional qualifications, and specialist training.

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Location
GB
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