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: Clear career progression, mentoring opportunities, and a supportive team environment.
- Other info: Exciting opportunity to grow within a well-invested business.
- 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.
Key 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
Unfortunately, visa sponsorship is not available for this role. Applicants must have the right to work in the UK.
We think you need these skills to ace DB Actuary
DB Pensions Experience
Technical Subject Matter Expertise
Complex Calculation Review
Calculation Tool Development
Onboarding Support
Mentoring and Development Skills
Excel Proficiency
