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: Competitive salary, collaborative environment, and opportunities for professional growth.
- Other info: Be part of a dynamic platform with long-term investment in your career.
- Why this job: Join a team that values development and innovation over routine tasks.
- Qualifications: 3+ years in DB pensions with strong Excel skills; coding experience is a plus.
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’ 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: 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 (Testing & Development)
DB Pensions Knowledge
Actuarial Concepts
Model Development
Testing and Validation
User Acceptance Testing (UAT)
Collaboration Skills
Requirements Translation
