At a Glance
- Tasks: Develop and enhance DB member calculation tools while ensuring accuracy through testing.
- Company: Established and growing DB pensions business focused on innovation.
- Benefits: Opportunity to work on exciting projects with a focus on development and collaboration.
- Other info: Be part of a growing platform with long-term investment opportunities.
- Why this job: Join a dynamic team and make a real impact in the pensions industry.
- Qualifications: 3+ years in DB pensions, strong Excel skills, and interest in model development.
The predicted salary is between 50000 - 60000 £ per year.
An established and growing DB pensions business is seeking a technically strong actuarial professional to focus on the development, testing, and optimisation of member calculation tools. This is an ideal opportunity for someone who enjoys building and improving models/processes, rather than purely performing calculations.
Key Responsibilities
- Develop and enhance DB member option calculation tools
- Perform testing, validation, and UAT to ensure accuracy of automated calculations
- Collaborate with pricing, proposition, and operations teams
- Translate calculation requirements into scalable solutions
- Support continuous improvement of systems and data processes
Requirements
- 3+ years of experience in DB pensions (consultancy or life insurance)
- Strong understanding of DB calculations and actuarial concepts
- Experience or interest in model/tool development
- Part/qualified actuary (or strong non-qualified candidate with relevant experience)
- Strong Excel skills; coding experience advantageous
Why Apply?
- Focus on development and innovation, not just BAU.
- Work closely with pricing and proposition teams.
- Be part of a growing DB platform with long-term investment.
Please note: visa sponsorship is not available for this role. Applicants must have the right to work in the UK.
Contact Details:
Oliver James Associates Ltd. Recruitment Team
We think you need these skills to ace DB Actuary (Testing & Development)
DB Pensions Knowledge
Actuarial Concepts
Model Development
Testing and Validation
User Acceptance Testing (UAT)
Collaboration Skills
Excel Proficiency
