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For Companies At a Glance
- Tasks: Join our DB Pricing team to deliver accurate and timely business quotations.
- Company: Dynamic company focused on innovative Bulk Annuity services.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Be part of a team driving innovation in the insurance industry.
- Qualifications: Strong analytical skills and a passion for problem-solving.
- Other info: Collaborative environment with mentorship opportunities and career advancement.
The predicted salary is between 36000 - 60000 £ per year.
To support Just’s ambitious growth plans, we are recruiting a DB Pricing Actuary to join our DB (Defined Benefit) Pricing team. The role will involve supporting the DB team in their objectives to deliver a market leading Bulk Annuity service and grow in line with our business plan.
Job Role Accountabilities
- Be a key member of the DB Pricing team and ensure that new business quotations are delivered in an accurate and timely manner.
- Manage projects and project teams, proactively driving them forward to ensure they are progressed in line with expected timescales.
- Have an area of specialism within the team or be a subject matter expert and share that expertise by providing insights, supporting decision making and enhancing processes and accuracy.
- Develop a deep technical and operational knowledge of all systems and tools used in DB. Continuously look for areas where we can improve – our people have a proactive approach to integrating technology into daily tasks and processes in order to drive innovation and efficiency.
- Provide support in ad hoc tasks such as data analysis, proposition developments, systems testing and process improvements. Take the lead on these and seek out opportunities to contribute to the wider DB team and the Group.
- Be curious, proactive and open to new ideas - applicants should demonstrate a track record of adapting to change, embracing technology, learning from experience, and showing resilience in the face of obstacles.
- Develop strong technical skills, for example by learning new coding languages, in order to support the development of models, tools and processes in the team.
- Proactively promote a culture of collaboration and engagement within the DB Pricing team, set an example for junior team members and help with coaching/training of the team.
- Work closely and collaborate with our DB Reinsurance and Commercial teams in order to ensure effective delivery of competitive, market leading propositions.
- Be self-reliant and proactive with solving problems when faced with a challenge by using available resources, knowledge bases or internal documentation and knowing when it is appropriate to ask for help or leverage the strengths of your teammates.
- Conduct line management responsibilities where necessary.
Examples of Key Activities
- Have responsibility for leading our pricing processes – reviewing technical pricing and managing project teams to ensure that our bulk annuity quotations are completed to a high standard. Act as a peer reviewer for other project teams.
- Produce and review internal sign off documentation for each quotation, ensuring results are communicated to the DB Pricing Actuary in a clear manner, outlining all material areas of judgement and limitations. Present these to governance committees as necessary.
- Produce and review quotation documents to be issued externally, work with the DB Commercial team to ensure that our propositions are market leading.
- Ensuring audit trails are maintained on every transaction and that our risk and control processes are adhered to.
- Assist with development and refinement of pricing models and process – through building, reviewing, testing and deploying updates.
- Work with other DB teams and business units on new propositional features, considering all technical and operational elements.
DB Pricing Actuary employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land DB Pricing Actuary
✨Tip Number 1
Network like a pro! Reach out to current employees at Just or in the DB Pricing field on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Make sure you can discuss your experience with pricing models and data analysis confidently. We want to see that you're not just a fit on paper but also in practice!
✨Tip Number 3
Show off your curiosity! During interviews, share examples of how you've embraced new technologies or adapted to changes in your previous roles. This will highlight your proactive approach, which is key for the DB Pricing team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Just.
We think you need these skills to ace DB Pricing Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the DB Pricing Actuary role. Highlight relevant experience and skills that match the job description, especially your technical skills and project management experience.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for our team. Share specific examples of how you've embraced technology and driven innovation in your previous roles.
Showcase Your Curiosity: We love candidates who are curious and proactive! In your application, mention instances where you've adapted to change or learned new skills, especially in coding or data analysis.
Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Just Group plc
✨Know Your Numbers
As a DB Pricing Actuary, you'll be dealing with complex data and pricing models. Brush up on your technical skills and be ready to discuss specific examples of how you've used data analysis in previous roles. Show them you can handle the numbers!
✨Project Management Prowess
This role involves managing projects and teams, so be prepared to share your experiences in leading projects. Highlight any tools or methodologies you've used to keep things on track and how you’ve driven projects forward in a timely manner.
✨Embrace Technology
The job description mentions a proactive approach to integrating technology. Be ready to talk about any coding languages or tech tools you’ve learned and how they’ve improved your work processes. Show that you're not just keeping up but are eager to innovate!
✨Collaboration is Key
You'll need to work closely with various teams, so demonstrate your ability to collaborate effectively. Share examples of how you've fostered teamwork in the past and how you plan to promote a culture of engagement within the DB Pricing team.
