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- Tasks: Join us to innovate and develop actuarial services for our member operations.
- Company: Just is a fast-growing FTSE 250 company focused on enhancing retirement experiences.
- Benefits: Enjoy competitive salary, flexible working, private medical cover, and generous annual leave.
- Why this job: Make a real impact while developing your career in a collaborative and ambitious environment.
- Qualifications: FIA qualification required; strong analytical and IT skills are essential.
- Other info: Be part of a diverse team committed to sustainability and social impact.
The predicted salary is between 36000 - 60000 £ per year.
DB Operational Development Actuarial Specialist
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
Who are Just?
We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing FTSE 250 company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.
This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.
Purpose
This is a key role in the innovation and development of our actuarial services that focus on our member and operational services. The opportunity this role presents is one which combines the rigour of an actuarial approach and skill set to build an efficient, progressive and ambitious member operational service provision.
This role provides opportunities to shape, build and assist in the deployment of longer term strategic and tactical actuarial and data led builds to support the growth ambitions of the Defined Benefit (DB) Operational Service Area’s.
Your contributions will enhance the scalability of our operational platforms, supporting the DB team to provide reliable, comprehensive and market leading solutions to our clients
In this role you will:
- Work closely with the DB Member and Operational Serve teams to gather requirements and specifications for platform and tool development, testing, and validation. Ensure model developments are embedded effectively.
- Manage the actuarial testing and sign-off for new schemes loaded to existing member options factor automation when required.
- Prepare and/or check internal sign off documentation for each development as required following agreed sign off process
- Develop a deep knowledge of all systems and tools used our actuarial and operational teams.
- Proactively drive projects forward to ensure they are progressed in line with expected timescales.
- Actively assist in development of junior DB team members through training and knowledge sharing
- Collaborate with the DB Strategic Development team to ensure the interoperability of the developed tools and platforms.
- Collaborate with the DB Pricing and Proposition Development teams to new or enhanced tools can be supported with our Pricing platform if required
- Work collaboratively with colleagues across DB to ensure that tool and data structure changes flow through effectively to the wider DB ecosystem.
Skills and Knowledge
- Strong analytical and problem solving skills
- Strong IT skills, particularly Excel
- Good interpersonal, team working and leadership skills
- Excellent verbal, and written communication, with the ability to present complex financial concepts in a clear and concise manner
- Ability to work without supervision
- Strong technical skills, deep technical knowledge of actuarial concepts particularly those underlying bulk annuity pricing.
Qualifications
Obtained FIA qualification
Company Benefits
- 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 generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
- Opportunity to progress within your career both in-role and within the company
- FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
- A variety of Employee Funded Benefits available to you via our Online Benefits Portal
- Plus, several additional purchase options available for you and your loved ones
Why Just?
At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctiveculture – we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.
We’re committed to building a more sustainable business, and we’re working hard to make progress against ourNet Zero targets . We\’re reducing our reliance on fossil fuels in our offices, switching to more sustainable sources of energy and we\’re investing more of our money in green and social assets.
Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work onDEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just. We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.
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DB Operational Development Actuarial Specialist employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land DB Operational Development Actuarial Specialist
✨Tip Number 1
Familiarise yourself with the specific actuarial tools and platforms mentioned in the job description. Understanding how these systems work will not only help you during interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Network with current or former employees of Just, especially those in the DB Operational Service Area. They can provide valuable insights into the company culture and expectations, which can be beneficial for your application and interviews.
✨Tip Number 3
Prepare to discuss your experience with project management and collaboration, as these are key aspects of the role. Think of examples where you've successfully driven projects forward or worked effectively within a team.
✨Tip Number 4
Stay updated on industry trends related to defined benefit schemes and actuarial practices. Being knowledgeable about current developments will show your commitment to the field and your ability to contribute to Just's growth ambitions.
We think you need these skills to ace DB Operational Development Actuarial Specialist
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly read the job description for the DB Operational Development Actuarial Specialist position. Understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience that aligns with the role's requirements, such as actuarial services, data analysis, or project management. Use specific examples to demonstrate your skills and achievements.
Showcase Your Qualifications: Make sure to mention your FIA qualification prominently in your application. This is a key requirement for the role, so ensure it stands out to the hiring team.
Tailor Your Communication: Given the importance of clear communication in this role, ensure your application reflects your ability to present complex concepts simply. Use concise language and structure your documents logically to showcase your communication skills.
How to prepare for a job interview at Just Group plc
✨Understand the Company Culture
Before your interview, take some time to research Just's company culture. They value ambition, curiosity, and collaboration, so be prepared to discuss how your personal values align with theirs.
✨Showcase Your Analytical Skills
As a DB Operational Development Actuarial Specialist, strong analytical skills are crucial. Be ready to provide examples of how you've used these skills in past roles, particularly in problem-solving scenarios.
✨Prepare for Technical Questions
Expect questions related to actuarial concepts and bulk annuity pricing. Brush up on your technical knowledge and be prepared to explain complex financial concepts clearly and concisely.
✨Demonstrate Team Collaboration
This role involves working closely with various teams. Prepare to discuss your experience in team settings, highlighting how you’ve contributed to projects and supported junior team members in the past.
