Proposition Development Senior Actuarial Analyst

Just Group PLC
London (Central), London (Greater), Reigate, Flexible
Competitive + Bonus & Benefits
Closing date
22 Dec 2021

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Job Details

At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.

Our actuaries lead the way here at Just and none more so than within our Defined Benefit team. As we scale up to grow our evolving DB proposition we have a great opportunity to join us on a permanent basis as a Proposition Development Senior Actuarial Analyst. 

Based from either our London or Reigate offices you’ll work alongside our Proposition Development Actuary in the delivery of DB proposition developments.

This will include the working up of options and requirements, potential solutions and refinement, assessment, analysis and delivery into business.

Developments will include product developments, pricing enhancements and reviews, systems and process development, and other capability.

This role will suit a part to nearly qualified actuary with a strong commercial understanding of the life insurance industry, DB market the broader markets in which Just operates.

You Will

  • Develop, maintain and provide support on sub-set portfolio of the innovations/developments which is consistent and supports delivery of DB’s business plan, aspirations and strategy. You will lead and be responsible for the delivery on the subset of developments.
  • Agree direction and priority of developments with the Proposition development team and Director of Commercial.
  • Formulate ideas consistent with the strategy and business plan after liaison with the DB business development, DB Pricing and Director DB Solutions and others as required.
  • For each development engage all other parts of the business (e.g. actuarial, IT etc) as needed so that they are providing input and assistance and that the developments can integrate into the business.
  • Deliver each development into the DB business as a fully working model.
  • Produce required research, models, analysis as required.
  • Produce required product and pricing paper as required and meet all governance.
  • Use pragmatic and commercial approach, balancing timing, resources and delivery.


  • Nearly/Part qualified actuary making a good progress through Actuarial exams (or equivalent experience)
  • Experience gained within the Life Insurance industry
  • Strong commercial understanding of UK life/annuity market and understanding of the products and services provided by Just Group
  • Excellent communication, interpersonal and influencing skills
  • Experience of pricing and/or product development
  • Proficiency in Excel and VBA (or similar coding experience)

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


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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