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- Tasks: Support DB calculations and develop automated tools for member options.
- Company: Join a fast-growing company dedicated to improving retirement experiences.
- Benefits: Competitive salary, 25 days leave, private medical cover, and career progression.
- Other info: Diverse and inclusive culture with strong support for personal development.
- Why this job: Make a real impact on people's lives while advancing your actuarial career.
- Qualifications: Experience in DB pensions and coding skills are a plus.
The predicted salary is between 50000 - 60000 £ per year.
This actuarial role is key to support the growth and development of the DB area and primarily our member experience activities. The purpose of this role is to assess calculation requirements, provide technical support and guidance alongside completion of member options calculations utilising varying inputs. This role will also involve working collaboratively to develop capabilities and test bespoke, automated 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.
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.
What we’re looking for
- Experience gained in within 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 is desirable but not essential, for example in Julia, Python and/or VBA.
- Part/newly/nearly qualified Actuary or not qualified/taking exams but has the required equivalent experience.
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.
Belonging at Just
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.
Application details
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.
Be Bold. Be Brilliant. Be Just.
Actuarial DB Calculations Specialist in London employer: Just
Contact Detail:
Just Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial DB Calculations Specialist in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work at Just or similar companies. A friendly chat can lead to insider info about job openings and even referrals.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since this role involves member option calculations and tools, make sure you can discuss your experience with DB pensions and any coding you've done, even if it's just a bit of Python or VBA.
✨Tip Number 3
Show off your collaborative spirit! During interviews, highlight examples of how you've worked with teams to solve problems or improve processes. Just loves a team player who can contribute to their growth agenda.
✨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 being part of our mission to help people enjoy a better later life.
We think you need these skills to ace Actuarial DB Calculations Specialist in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Actuarial DB Calculations Specialist role. Highlight your experience in defined benefit calculations and any relevant coding skills, even if they're not essential.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this role and how you can contribute to our mission of helping people achieve a better later life. Be genuine and let your personality shine through!
Showcase Your Collaborative Spirit: Since this role involves working closely with others, mention any past experiences where you've successfully collaborated with teams. We love seeing how you can work together to develop capabilities and tools.
Apply Through Our Website: Don't forget to hit that 'apply now' button on our website! It’s the best way for us to receive your application and get you started on this exciting journey with Just.
How to prepare for a job interview at Just
✨Know Your Numbers
Brush up on your actuarial knowledge, especially around defined benefit calculations. Be prepared to discuss specific examples from your experience that demonstrate your understanding of the technical aspects of the role.
✨Showcase Your Collaboration Skills
Since this role involves working collaboratively, think of instances where you've successfully worked in a team. Be ready to share how you contributed to projects and supported colleagues, particularly in developing tools or processes.
✨Prepare for Technical Questions
Expect questions related to coding and actuarial tools. Even if coding experience isn't essential, having a basic understanding of languages like Python or VBA can set you apart. Consider preparing a few examples of how you've used technology in your previous roles.
✨Emphasise Your Growth Mindset
The company values ambition and curiosity, so be sure to express your desire to learn and grow within the role. Share any relevant courses or certifications you're pursuing, and how they align with the company's growth agenda.