At a Glance
- 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, generous leave, private medical cover, and career progression opportunities.
- 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 - 65000 £ 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 Reigate employer: Just
Just is an exceptional employer, offering a vibrant work culture that prioritises collaboration, ambition, and curiosity. With a strong focus on employee growth, you will have access to numerous career progression opportunities, alongside a competitive salary and comprehensive benefits package, including private medical cover and generous annual leave. Located in London, this hybrid role allows for a balanced work-life dynamic while contributing to meaningful projects that enhance the retirement experience for customers.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial DB Calculations Specialist in Reigate
✨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 your passion for helping others achieve a better later life. In your conversations and interviews, highlight how your values align with Just's mission and how you 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 noticed. Plus, it shows you're serious about joining our team and being part of our exciting journey.
We think you need these skills to ace Actuarial DB Calculations Specialist in Reigate
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences 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 helping people achieve a better later life. Share specific examples of how your previous work aligns with our mission and the responsibilities of the role.
Showcase Your Collaborative Spirit:Since this role involves working closely with others, emphasise your teamwork skills. Mention any past experiences where you successfully collaborated on projects or supported junior staff, as this aligns with our culture at StudySmarter.
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 the role. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at Just
✨Know Your Numbers
As an Actuarial DB Calculations Specialist, it's crucial to brush up on your technical knowledge. Familiarise yourself with the specific calculation methods and tools mentioned in the job description. Be ready to discuss how you've applied these in previous roles or projects.
✨Showcase Your Collaboration Skills
This role involves working closely with various teams. Prepare examples of how you've successfully collaborated in the past, especially in developing or refining tools. Highlight your ability to communicate complex actuarial concepts to non-specialists.
✨Prepare for Technical Questions
Expect questions that test your understanding of defined benefit schemes and actuarial principles. Review common scenarios you might encounter in the role, such as member option calculations, and be ready to explain your thought process clearly.
✨Emphasise Continuous Learning
Whether you're part-qualified or have equivalent experience, show your commitment to professional development. Discuss any ongoing studies or relevant coding skills you’re acquiring, like Python or VBA, and how they can enhance your contributions to the team.
