Pensions/Actuarial Analyst in London

We are looking for a Pensions/Actuarial Analyst to join the Special Projects team within the Consulting business of Capita Pensions Solutions. The team provides excellence to clients in relation to varied pension projects both for ongoing pension schemes and those heading towards or in the process of buy in/out or wind up, mainly working on DB schemes but also on some DC schemes.

In this role you will enable clients to undertake transactions and derisking exercises by confirming the quality, consistency and reliability of pensions data and work on projects that include:

• Rectifying benefits where rules/legislation were not interpreted correctly
• Improving/correcting the automated retirement calculations for administration clients
• Undertaking pre-deal due diligence for bulk annuity providers
• Providing governance work for trustees including testing application of rules to benefits

Responsibilities:

• Working on a wide range of DB pensions projects for DB pensions clients and bulk annuity providers and may include any/all of the below plus other project types as they arise.
• Benefit correction/rectification exercises.
• Benefit creation exercises, such as contingent spouse pensions.
• Benefit calculation audits.
• 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).
• Drafting consulting reports on projects.

Qualifications:

Essential:

• Experience in a DB pensions consulting/technical environment.
• Practical, wide/deep knowledge of occupational DB pensions.
• Flexibility to work on different types of DB pensions projects.
• 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.
• Experienced user of Microsoft Excel.

Desirable:

• Making good progress with the Institute and Faculty of Actuaries exams (if have an actuarial background - option to start if not already progressing, not compulsory).

Benefits:

• 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.
• Voluntary benefits designed to suit your lifestyle - from discounts on retail and socialising, to health & wellbeing, travel and technology.
• 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.

Employment Details:

• Location: Home-Based - United Kingdom.
• Time Type: Full time.
• Contract Type: Permanent.

Equal Opportunity:

We’re an equal opportunity and Disability Confident employer, which means we recruit and develop people based on their merit and passion. We’re committed to providing an inclusive, barrier-free recruitment process and working environment for everyone. As part of our commitment to building an inclusive and diverse workforce, we would particularly welcome applications from people who are from Black, Asian and other ethnic minority backgrounds. Access to Work can help candidates with a physical or mental health condition or disability to get support in the hiring process, including communication support at interviews such as a British Sign Language interpreter.