At a Glance
- Tasks: Transform internal processes and support DC operations with actuarial guidance.
- Company: Join a leading investment firm focused on building better financial futures.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Access to external actuarial support and a chance to drive operational excellence.
- Why this job: Make a real impact in the DC pension business while working with a dynamic team.
- Qualifications: Chartered actuary with strong Excel/VBA skills and a passion for collaboration.
The predicted salary is between 43200 - 72000 £ per year.
Responsibilities
Fidelity previously has relied on external actuaries for specific Defined Contribution (DC) illustration and modelling tasks, but our strong business growth means we are looking for an in‑house actuary to help us transform our internal processes, provide continuous support in maintaining operational excellence across our DC pension business and help us establish robust audit processes. You will be providing your actuarial and technical guidance to support DC operations teams in setting growth rate assumptions, testing DC illustrations and projections, leading internal project teams to handle system improvements or regulatory change, and resolving day‑to‑day illustration issues and discrepancies. As a Senior Manager within the Operational Architecture department, you will be a central voice within our internal DC business forums that drive our operational excellence. You will also manage our relationships with illustration software providers. For key functions, you will also have access to external actuarial support in terms of guidance and consulting, and production of key tasks.
We are seeking a chartered actuary with the following characteristics and skills:
Qualifications
- A team player with a can‑do attitude who can quickly build effective relationships with key stakeholders across a DC provider business.
- Passion to work with people from a diverse range of abilities, backgrounds and disciplines, across a range of business functions such as marketing, compliance and operations.
- Confidence and enthusiasm when dealing with complexity and ambiguity within the DC world.
- Good knowledge of the UK DC pensions environment, including, but not limited to:
- Actuarial and technical requirements; in particular deep knowledge on the legislation governing ASTM1, and SMPI/FCA illustrations.
- Fund investments and charging structures.
- Illustration systems and software providers.
- Business modelling.
- Strong skills in Excel/VBA and experience with other Microsoft applications such as Word, Access, PowerPoint.
- Our GPS business provides individuals, advisers and employers with access to world‑class investment choices, third‑party solutions, administration services and pension guidance. Together with our Investment Solutions & Services business, we invest over $600 billion on behalf of our clients. By combining our asset management expertise with our solutions for workplace and personal investing, we work together to build better financial futures. Find out more about what we do, our history, and how you could be a part of our future at careers.fidelityinternational.com/about-us.
Model & Illustrations Actuary employer: Fidelity International
Fidelity International is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. As a Model & Illustrations Actuary, you will play a pivotal role in transforming our internal processes while enjoying access to world-class resources and support for your professional growth. Our inclusive culture fosters diverse perspectives, ensuring that every team member can contribute meaningfully to our mission of building better financial futures.
StudySmarter Expert Advice🤫
We think this is how you could land Model & Illustrations Actuary
✨Tap into Campus Networks
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We think you need these skills to ace Model & Illustrations Actuary
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Fidelity International.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
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How to prepare for a job interview at Fidelity International
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Fidelity International.
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Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Fidelity International will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Fidelity International employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
