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- Tasks: Support actuarial calculations and enhance member options tools for a better customer experience.
- Company: Join Just, a fast-growing company dedicated to improving retirement for all.
- Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
- Why this job: Make a real impact in the retirement sector while developing your skills in a supportive environment.
- Qualifications: Strong analytical skills, IT proficiency, and knowledge of actuarial concepts required.
- Other info: Collaborative team culture with a focus on personal and professional growth.
The predicted salary is between 36000 - 60000 £ per year.
Location: London – hybrid 50%
Contract: Permanent
Hours: 35 hours
Purpose of role
The purpose of this role is to complete and review member options calculations requiring actuarial input, support actuarial testing of member options tools, and contribute to the growth of the DB area and improvements to member experience. The role will work collaboratively to develop and test bespoke automated member options solutions and provide additional actuarial calculations, including new business and true-up activities, to support the wider 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
- Provide actuarial calculation support for standard and non-standard member option cases.
- Analyse, upload and test scheme benefit data to ensure member options tools run accurately and efficiently.
- Support ongoing maintenance, monthly updates, troubleshooting and enhancement of member options tools.
- Prepare and review internal sign-off documentation in line with agreed governance processes.
- Deliver BAU actuarial work for in-force business, including scheme valuations where required.
- Build and maintain strong working knowledge of all systems and tools used by the Actuarial Member Services team.
- Drive projects to agreed timelines while supporting the development of junior team members through training and knowledge sharing.
What we’re looking for
- Good knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.
- Strong analytical and problem-solving skills.
- Strong IT capability, particularly in Excel.
- Sound understanding of actuarial concepts, especially bulk annuity pricing principles.
- Clear and effective verbal and written communication, able to explain complex financial concepts.
- Strong interpersonal skills with the ability to work well in a team.
- Ability to work independently with minimal supervision.
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.
Explore our full range of benefits on our dedicated benefits page.
Senior Actuarial Analyst - Actuarial Member Services employer: Just Group plc
Contact Detail:
Just Group plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst - Actuarial Member Services
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the lookout for opportunities. You never know who might have the inside scoop on a role that’s perfect for you.
✨Tip Number 2
Prepare for interviews by brushing up on your knowledge of the DB buy in/buy out market and relevant regulations. Be ready to discuss how your analytical skills can contribute to improving member experiences.
✨Tip Number 3
Showcase your IT skills, especially in Excel, during interviews. Bring examples of how you've used technology to solve problems or enhance processes in previous roles.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our mission to help people achieve a better later life.
We think you need these skills to ace Senior Actuarial Analyst - Actuarial Member Services
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Actuarial Analyst role. Highlight your knowledge of DB buy in/buy out markets and any relevant actuarial concepts 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 your analytical skills and problem-solving abilities have made a difference in your previous roles.
Showcase Your IT Skills: Since strong IT capability, especially in Excel, is key for this role, don’t forget to mention any relevant software or tools you’ve used. If you've developed automated solutions before, we want to hear about it!
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 knowledge of DB buy in/buy out markets and bulk annuity pricing principles. Be ready to discuss how these concepts apply to the role and share any relevant experiences you've had.
✨Show Off Your Analytical Skills
Prepare to demonstrate your strong analytical and problem-solving skills. Think of specific examples where you've tackled complex issues, especially those involving actuarial calculations or data analysis, and be ready to explain your thought process.
✨Excel is Your Best Friend
Since strong IT capability, particularly in Excel, is crucial for this role, make sure you're comfortable discussing your experience with Excel functions and tools. You might even want to practice a few common tasks or scenarios that could come up in the job.
✨Communicate Clearly
Practice explaining complex financial concepts in simple terms. The interviewers will appreciate your ability to communicate effectively, especially when it comes to working collaboratively with team members and stakeholders.
