THE PENSIONS REGULATOR

Actuarial Modeller

TPR Grade & Group: Advisory 8 - Specialist

Directorate: Regulatory Policy, Analysis and Advice

Salary: £43,672 - £57,974 per annum dependent on skills and experience, plus excellent benefits package

Closing date: 9 October 2022.

About us

More than half the UK working population rely on The Pensions Regulator (TPR) to regulate their retirement savings. With a career at TPR, you’ll be joining an organisation that will impact on millions of lives for decades to come.

Everyone at TPR plays an important role in helping to keep more than £2trn of savings safe. We’re committed to bringing people into TPR who are ready to make a difference and put UK savers at the heart of what we do.

It is important to us that TPR remains a great place to work. We do all we can to help our people reach their full potential with learning, secondment, and development opportunities. We put our 900+ employees first, supporting flexible working and offer a diverse, lively, and inclusive environment. This includes our Disability Network, Family Network, LGBT+ Network (Proud), and Women’s Network, which offer spaces to connect.

Our new corporate strategy outlines a bold and challenging vision of how pensions regulation should evolve to keep pace with a change in the scale and nature of the industry. We are at the start of that journey. Join us to find out what part you can play.

We operate a hybrid working model, subject to government guidelines, where regular attendance in our Brighton office is required. Attendance in the office is team and role dependent.

Role

We’re looking for a qualified or part-qualified actuary, to be responsible for the provision of specialist actuarial and other financial modelling. Primarily the role entails:

• Responsibility and ownership for the running, maintenance and updating of ongoing actuarial models
• The key actuarial models are:
• The DB scheme funding universe models
• Financial market model
• Analysis for the DB Annual Funding Statement
• Risk assessment of DB valuations model
• Time recording model
• Provide modelling support to the actuarial team with other ad-hoc modelling projects.

Salary and benefits

As well as a salary between £43,672 and £57,974 we offer:

• Civil service pension arrangements, which are recognised as some of the best in the pensions world
• Discretionary bonus arrangements
• Access to performance related pay progression
• 25 days annual leave provision
• Flexible working arrangements
• Development opportunities
• Enhanced parental leave arrangements
• A free employee assistance programme
• An excellent office location in Brighton.

How to apply

To apply please email recruitmentteam@tpr.gov.uk quoting role reference number 134255 along with:

• A covering letter with details of how your skills and experience meet the role requirements
• A copy of your CV
• Details of your notice period.

Current employees in their first 12 months of employment who want to apply for this vacancy should first contact their line manager to discuss their application.

We are an inclusive employer and offer equal opportunities regardless of an individual’s age, disability, gender identity, marriage or civil partnership status, pregnancy or maternity, race, religion or belief, sex, and sexual orientation.

As a Disability Confident employer, we’re committed to the recruitment, employment, retention, and development of people with disabilities, and to improving their employment opportunities. Candidates who declare that they have a disability and who meet the essential criteria for the job will be offered an interview.

Applications will be considered on a part time and job share basis.

Please be aware, as we work within a hybrid environment, unless specified we will be holding interviews through Microsoft Teams for the foreseeable future.

In accordance with Home Office guidance, the successful candidate will be required to provide their right to work in the UK before they start employment. Unfortunately, TPR is not able to offer sponsorship at the time. TPR is a UK-based organisation with a working location in Brighton, candidates must live in the UK to be employed by us.

The Pensions Regulator is an arm’s length government body and part of the public service.

Any offer of employment will be subject to the receipt of satisfactory background screening checks and criminal record checks (BPSS).

If you have any queries about this role, or if you have a disability and wish to request a reasonable adjustment at any stage of the recruitment process, please email recruitmentteam@tpr.gov.uk