At a Glance
- Tasks: Perform complex DB member option calculations and support technical oversight.
- Company: A growing UK-based life insurer with a focus on Defined Benefit functions.
- Benefits: Competitive salary, career progression, and opportunities for mentoring.
- Other info: Exciting opportunities for growth in a high-performing operations environment.
- Why this job: Join a dynamic team and influence processes while developing your actuarial skills.
- Qualifications: Experience in DB pensions and strong Excel skills; coding knowledge is a plus.
The predicted salary is between 60000 - 80000 £ per year.
A growing UK-based life insurer is expanding its Defined Benefit (DB) function and is looking for a DB Actuary to support member option calculations and technical oversight within a high-performing operations environment. This role offers a strong mix of technical work, stakeholder interaction, and process improvement, with clear opportunities for progression as the team continues to scale.
Responsibilities
- Perform and review complex DB member option calculations, including non-standard cases
- Act as a technical subject matter expert to support wider teams
- Contribute to the development and enhancement of calculation tools
- Support onboarding of new schemes and ensure calculation accuracy
- Assist in mentoring and developing junior team members
Requirements
- Experience in DB pensions (consultancy or insurer)
- Exposure to bulk annuities or DB de-risking is highly desirable
- Part/near/fully qualified actuary (or equivalent experience)
- Strong Excel skills; coding (Python/VBA etc.) beneficial but not essential
- Strong problem-solving and communication skills
Why apply
- Join a growing and well-invested DB business
- Opportunity to move beyond BAU calculations and influence processes/tools
- Clear career progression within an expanding team
Applicants must have the right to work in the UK. Visa sponsorship is not available for this role.
DB Actuary employer: Oliver James Associates Ltd.
Join a dynamic and expanding UK-based life insurer that prioritises employee development and offers a collaborative work culture. As a DB Actuary, you'll benefit from a strong mix of technical challenges and stakeholder engagement, with clear pathways for career progression in a supportive environment. Enjoy the unique advantage of working within a high-performing team that values innovation and continuous improvement.
Contact Details:
Oliver James Associates Ltd. Recruitment Team
