At a Glance
- Tasks: Develop and test member option calculation tools for accurate financial solutions.
- Company: Join a fast-growing company dedicated to improving retirement experiences.
- Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
- Why this job: Make a real impact on people's lives while advancing your career in a supportive environment.
- Qualifications: Experience in pensions and model development, strong analytical and IT skills.
- Other info: Collaborative culture focused on diversity, inclusion, and personal growth.
The predicted salary is between 36000 - 60000 £ per year.
This role is key to support the growth and development of the Defined Benefit (DB) area and primarily our member option calculation function. The purpose of this role is to assess member option calculation requirements, scope and develop calculation requirements and ensure the accuracy of our solutions. This role will also involve working collaboratively to develop capabilities and test bespoke, automation member option tools within the DB Business. The role holder will also be able to provide other actuarial calculations which may include, but not limited to, new business and true up activities to support our growth agenda.
About 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 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.
Key responsibilities:
- Drive development and refinement of features of the member option calculation tool.
- Test and review automated member calculation results for accuracy and complete UAT on the tool.
- 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 by 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 Pricing and Proposition Development teams to ensure our tools reflect insured benefits and meet benefit design briefs.
- Work collaboratively with colleagues across DB to ensure that tool and data structure changes flow through effectively to the wider DB ecosystem.
What we’re looking for:
- Experienced professionals without FIA qualifications, but with pensions and model development experience will also be considered.
- 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.
Our behaviours: 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 distinctive culture - we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.
What’s in it for you:
- A competitive salary, pension scheme and life assurance.
- 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.
- Opportunities to progress your career in role and within the company.
- Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders.
- A variety of employee funded benefits available via our online benefits portal.
- Plus, several additional purchase options available for you and your loved ones.
Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (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.
Please submit your CV using the 'apply now' button. Shortlisted candidates will be contacted regarding next steps which may include an initial phone interview and in-person assessment.
DB Calculation Development and Test Specialist in London employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land DB Calculation Development and Test Specialist in London
✨Tip Number 1
Network like a pro! Reach out to current employees at Just or in the pensions industry on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for those interviews! Brush up on your knowledge of Defined Benefit calculations and be ready to discuss how your experience aligns with the role. We want to see your analytical skills in action!
✨Tip Number 3
Show off your teamwork skills! Be ready to share examples of how you've collaborated on projects in the past. At Just, we value collaboration, so let us know how you can contribute to our team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our awesome team at Just.
We think you need these skills to ace DB Calculation Development and Test Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the DB Calculation Development and Test Specialist role. Highlight your analytical skills and any relevant pensions or model development experience to catch our eye!
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about helping people achieve a better later life. Share specific examples of how you've driven projects forward or collaborated with teams in the past.
Showcase Your Communication Skills: Since this role involves presenting complex financial concepts, make sure your written application is clear and concise. We want to see your ability to communicate effectively right from the start!
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It’s the best way to ensure your application gets into the right hands and shows us you're keen to join our team!
How to prepare for a job interview at Just Group plc
✨Know Your Numbers
As a DB Calculation Development and Test Specialist, you'll need to be comfortable with numbers and calculations. Brush up on your actuarial knowledge and be ready to discuss specific examples of how you've developed or tested calculation tools in the past.
✨Showcase Your Collaboration Skills
This role involves working closely with various teams. Prepare to share experiences where you successfully collaborated with others, particularly in developing or refining tools. Highlight your ability to communicate complex concepts clearly to non-technical colleagues.
✨Demonstrate Problem-Solving Prowess
Expect questions that assess your analytical and problem-solving skills. Think of scenarios where you've faced challenges in model development or testing, and be ready to explain how you approached and resolved those issues.
✨Prepare for Technical Questions
Given the technical nature of this role, anticipate questions about your IT skills, especially in Excel. Be prepared to discuss any specific tools or software you've used in previous roles and how they relate to the member option calculation function.