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- Tasks: Provide calculation support and refine member option tools in a dynamic actuarial team.
- Company: Join a purpose-led company on a growth journey to become the UK's retirement expert.
- Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
- Other info: Supportive environment with access to mental health resources and employee benefits.
- Why this job: Make a real impact in the pensions industry while developing your actuarial skills.
- Qualifications: Experience in DB pensions consultancy; coding skills are a plus but not essential.
The predicted salary is between 50000 - 60000 £ per year.
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:
- Provide calculation support for standard and non-standard member option calculations which require actuarial referral.
- Test and sign off the onboarding of new schemes onto our automated member option tools.
- Act as an actuarial defined benefit subject matter expert to assist with queries from the wider Operations function and with new scheme triage.
- Development and refinement of features of our member option calculation tools.
- Ongoing updates to tools for market conditions and basis changes.
- Ongoing monitoring of our member options basis.
- Support the development of junior staff.
Qualifications:
- Experience gained in an actuarial team in a DB pensions consultancy, life insurer or equivalent.
- Experience in the bulk annuity market or within a pensions consultancy.
- Defined benefit experience is essential.
- Coding experience desirable but not essential, for example in Julia, Python and/or VBA.
- Part/newly/nearly qualified Actuary or not qualified/taking exams but having the required equivalent experience.
Benefits:
- Competitive salary, pension scheme and life assurance.
- 25 days annual leave plus an additional day on your birthday.
- Private medical cover and income protection.
- 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.
- Several additional purchase options available for you and your loved ones.
We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets.
Actuarial DB Calculations Specialist in Pulborough employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial DB Calculations Specialist in Pulborough
✨Tip Number 1
Network like a pro! Reach out to current employees in the actuarial field, especially those at companies you're interested in. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and industry knowledge. Be ready to discuss your experience with defined benefit calculations and any coding you've done. We want to see your passion for the role!
✨Tip Number 3
Showcase your problem-solving skills! During interviews, be prepared to tackle hypothetical scenarios related to member option calculations. This will demonstrate your analytical thinking and how you approach challenges.
✨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 of purpose-led colleagues.
We think you need these skills to ace Actuarial DB Calculations Specialist in Pulborough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your actuarial experience, especially in defined benefit pensions, to show us you’re the right fit for the role.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you’re excited about joining our team. Share specific examples of your past work that relate to the responsibilities listed, like your experience with member option calculations or tool development.
Showcase Your Technical Skills: If you have coding experience, even if it’s not essential, make sure to mention it! We love seeing candidates who can bring additional skills to the table, so don’t hold back on showcasing your knowledge in Julia, Python, or VBA.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity to join our growing team!
How to prepare for a job interview at Just Group plc
✨Know Your Actuarial Stuff
Make sure you brush up on your defined benefit knowledge and any relevant actuarial principles. Be ready to discuss your experience in DB pensions consultancy or life insurance, as well as any specific projects you've worked on that relate to member option calculations.
✨Showcase Your Problem-Solving Skills
Prepare examples of how you've tackled complex actuarial problems in the past. Think about times when you had to refine tools or adapt to market conditions, and be ready to explain your thought process and the outcomes.
✨Demonstrate Team Spirit
Since this role involves supporting junior staff and collaborating with the wider Operations function, be prepared to talk about your teamwork experiences. Highlight how you've mentored others or contributed to team projects, showing that you can put the customer at the heart of everything you do.
✨Get Familiar with Coding Basics
While coding experience isn't essential, having a basic understanding of languages like Python or VBA can set you apart. If you have any coding experience, be ready to discuss it, and if not, consider mentioning your willingness to learn and adapt.