DB Strategic Projects Analyst

DB Strategic Projects Analyst

Full-Time 50000 - 65000 £ / year (est.) Home office (partial)
Just Group

At a Glance

  • Tasks: Support strategic projects and collaborate on actuarial system enhancements.
  • Company: Dynamic company focused on DB Transformation with a commitment to innovation.
  • Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
  • Other info: Hybrid work model with a focus on diversity and inclusion.
  • Why this job: Join a team making impactful changes in the actuarial field while developing your skills.
  • Qualifications: Working towards FIA qualification with strong analytical and IT skills.

The predicted salary is between 50000 - 65000 £ per year.

The Strategic Projects Analyst supports the strategic vision of the Defined Benefit (DB) Transformation Programme by collaborating with DB business areas, DB Development Teams, and DB Data & Integration focusing on actuarial system enhancements and development.

Key Responsibilities

  • Support the Head of Strategic Projects and DB Strategic Projects Actuary on DB Transformation initiatives.
  • Collaborate with the DB Strategic Development team to ensure interoperability of the Pricing and Data platforms.
  • Work collaboratively with colleagues in DB Pricing and Reinsurance, DB Data and Transitions, and DB Operations teams to ensure model and data structure changes flow through effectively to the wider DB ecosystem.
  • Provide ad-hoc support and expertise on business processes and queries.
  • Work alongside senior developers to implement and enhance solutions.
  • Assist with application implementation and support business users in using solutions appropriately.

Qualifications & Skills

  • Working towards FIA qualification.
  • Strong analytical and problem solving skills.
  • Strong IT skills, particularly Excel.
  • Keen interest in development of coding skills.
  • Good interpersonal and team working skills.
  • Excellent verbal and written communication, with ability to present complex financial concepts clearly.
  • Ability to work without supervision.
  • Strong technical skills, deep technical knowledge of actuarial concepts, particularly those underlying bulk annuity pricing.
  • Strong knowledge of DB buy‑in/buy‑out market, life insurance and relevant regulation.
  • Understanding of projects in design‑build‑test phases beneficial.

Benefits

  • Competitive salary, pension scheme and life assurance.
  • 25 days annual leave plus an additional day for birthday.
  • Private medical cover and income protection.
  • Generous and highly achievable bonus scheme.
  • Opportunities to progress career in‑role and within the company.
  • Free access to Headspace app, 24/7 employee assistance helpline, and trained physical and mental health first aiders.
  • Various employee funded benefits via online portal.

We are an equal opportunity employer and committed to diversity, equity, and inclusion.

DB Strategic Projects Analyst employer: Just Group

As a DB Strategic Projects Analyst in London, you will thrive in a dynamic and inclusive work environment that prioritises employee well-being and professional growth. With competitive salaries, generous leave policies, and a strong focus on mental health support, our company fosters a culture of collaboration and innovation, ensuring that you have the resources and opportunities to excel in your career while contributing to meaningful transformation initiatives in the Defined Benefit sector.

Just Group

Contact Details:

Just Group Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land DB Strategic Projects Analyst

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Just Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace DB Strategic Projects Analyst

Analytical Skills
Problem-Solving Skills
IT Skills
Excel
Coding Skills
Interpersonal Skills
Team Working Skills

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Just Group.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Just Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Just Group

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Just Group.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Just Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Just Group employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.