At a Glance
- Tasks: Join our Special Projects team to work on exciting pension projects and data analysis.
- Company: Capita Pension Solutions, a leader in innovative pension consulting.
- Benefits: Enjoy 23 days holiday, company matched pension, and flexible working options.
- Other info: Inclusive workplace with opportunities for personal and professional growth.
- Why this job: Make a real impact in the pensions industry while developing your skills.
- Qualifications: Experience in DB pensions and strong Excel skills are essential.
The predicted salary is between 40000 - 50000 £ per year.
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
- 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
What are we looking for?
- 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)
About Capita Pension Solutions:
At Capita Pension Solutions (CPS) we continue to grow and evolve our Strategy & Product function. We are at another exciting point in that evolution, defining and executing CPS’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2026 and beyond.
What’s in it for you?
- 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…and plenty more
- Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology
- The 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
What we hope you’ll do next:
Choose ‘Apply now’ to fill out our short application, so that we can find out more about you.
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. If you need the job description or application form in an alternative format (such as large print or audio), or if you’d like to discuss other changes or support you might need going forward, please email Iqbal at reasonableadjustments@capita.com or call 07784 237318 and we’ll get back to you.
For more information about equal opportunities and process adjustments, please visit the Capita Careers website. 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. If you require this support you can apply for this support at this link.
Location: Home-Based - GBR, United Kingdom
Time Type: Full time
Contract Type: Permanent
Pensions/Actuarial Analyst employer: Capita
Capita Pension Solutions is an exceptional employer that prioritises employee well-being and professional growth, offering a flexible home-based work environment. With generous benefits including up to 27 days of holiday, a company-matched pension scheme, and opportunities for community engagement through volunteering, we foster a supportive and inclusive culture that values diversity and encourages career development in the pensions consulting field.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions/Actuarial Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the pensions and actuarial field. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss DB schemes and benefit calculations confidently. We want you to shine when it comes to showcasing your expertise!
✨Tip Number 3
Don’t forget to tailor your approach! Research Capita Pension Solutions and their projects. Show us how your skills align with what they’re looking for, especially in relation to derisking exercises and governance work.
✨Tip Number 4
Apply through our website! It’s quick and easy, and we love seeing applications come directly from motivated candidates like you. Plus, it gives you a better chance to stand out!
We think you need these skills to ace Pensions/Actuarial Analyst
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your application to highlight your experience in DB pensions consulting. We want to see how your skills align with the specific projects we handle, so don’t hold back on showcasing relevant examples!
Show Off Your Attention to Detail:Given the meticulous nature of this role, it’s crucial to demonstrate your attention to detail in your application. We recommend double-checking for any typos or errors before hitting send – it shows us you care!
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate straightforward communication, especially since you'll be working with both actuaries and non-actuaries. Make your key points stand out!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for the role. Plus, it gives you a chance to explore more about what we do!
How to prepare for a job interview at Capita
✨Know Your Pensions Inside Out
Make sure you brush up on your knowledge of defined benefit (DB) pensions and the specific projects mentioned in the job description. Familiarise yourself with common issues like benefit rectification and automated retirement calculations, as these will likely come up during the interview.
✨Showcase Your Analytical Skills
Prepare to discuss your experience with data analysis and how you've used tools like Microsoft Excel in previous roles. Be ready to provide examples of how you've tackled complex pension calculations or audits, as this will demonstrate your technical expertise.
✨Communicate Clearly and Confidently
Since the role involves liaising with both actuaries and non-actuaries, practice explaining complex concepts in simple terms. This will show that you can communicate effectively with a diverse audience, which is crucial for success in this position.
✨Be Ready for Scenario Questions
Expect questions that ask how you would handle specific situations related to pension projects. Think about past experiences where you had to solve problems or make decisions under tight deadlines, and be prepared to share those stories to illustrate your problem-solving skills.
