Systems Actuary
Department: Actuarial & Investment - Actuarial
Employment Type: Permanent - Full Time
Location: Belfast
Description
The role reports to the Head of Actuarial, Investment and Spence Consulting and the Spence Operations Board. You would be responsible for leading in the delivery of technological solutions and improving the efficiency of our services through our use of technology, including the following:
- Define and manage the technology vision and strategy for our actuarial, investment and consulting services, aligning with customer needs and business goals (Mantle, and potentially including Club Vita, Conning, VaR calculations and ALM).
- Lead change management initiatives in our use of technology β for example, recommending and implementing new technologies, in particular our use of AI, new processes and quality control frameworks to optimise our operations.
- Drive and deliver developments of Mantle that are necessary to the efficient delivery of our current and future service offerings, liaising as needed with key individuals in Mantle.
- Leverage actuarial expertise to ensure our use of technology aligns with industry best practices, regulatory and professional requirements, and provide innovative solutions to complex actuarial and investment challenges.
- Act as subject matter expert, taking a lead role in providing guidance on our use of technology in solving complex actuarial calculations and consulting scenarios.
- Monitor technology performance, gather user feedback, and use data-driven insights to develop and prioritise technology improvements.
- Provide key support in the delivery of actuarial and investment project services that have solutions that are technology orientated, e.g. GMPE, DC, Installations.
- Act as key actuarial liaison within Spence for external parties on administration only cases to develop processes and ensure efficiency in the flow of information needed by, for example external actuaries, investment consultants, insurers.
- Manage stakeholder relationships, serving as a primary point of contact for matters related to our use and development of technology, for example, with our IT team, Mantle, and Club Vita (and potentially Conning and Morningstar).
- Develop and deliver effective training to individuals in the use of our technology
- Identify, develop and lead a group of individuals to support the achievement of the above objectives where needed
- Report to, and attend meetings of, the Spence Operations Board as necessary.
- Undertake client work that supports the above plus, potentially, lead on a small number of BAU clients (Trustee and corporate). While it will vary over time, split of hours expected to be approximately 2/3rds on Technology Lead role and 1/3rd on client work.
Responsibilities & Criteria
- Significant experience working within the pensions, actuarial, investment consulting, or wider financial services sector.
- Demonstrable experience leading technology-enabled change programmes and process improvement initiatives.
- Experience defining and implementing technology strategies aligned to business objectives.
- Strong understanding of actuarial processes and how technology can improve efficiency, accuracy, and service delivery.
- Strong understanding of actuarial valuation processes, pension scheme administration, and consulting services.
Circumstances
Working hours: Monday to Friday, 37.5 hours per week with additional hours as and when required.
The role holder may be at times required to travel to other UK locations.
All roles are subject to a six-month probationary period and all prospective employees are required to complete background screening to cover all locations.
As part of the pre-hire process the successful candidate will be subject to reference checking and background security vetting.
Applying with a disability or long-term health condition?
As part of our belief that we benefit from the differences among us we are committed to increasing the representation of disabled colleagues and want to remove any barriers or challenges that get in the way of candidates with a disability or long-term health condition from applying to work with us. As part of this commitment, we guarantee to automatically interview anyone with a disability who meets the minimum criteria.
If there is support or an adjustment that we can provide to enable you to be at your best during the recruitment and selection process, we encourage you to advise us in good time so that we may make suitable arrangements. We understand that being open with us may feel uncomfortable so please only share with us the information that you are comfortable to share, and rest assured that we will use this only to provide you with the right support. Any information you give us will be treated completely confidentially. To discuss this further please call 028 9041 2000 and ask to speak to a member of the People & Culture team.
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Systems Actuary employer: Spence
Spence in Belfast is an exceptional employer, offering a collaborative work culture that prioritises employee development and well-being. With a focus on high service standards in pensions administration, team members benefit from ongoing training opportunities and a supportive environment that fosters professional growth, making it an ideal place for those seeking meaningful and rewarding careers in the pensions sector.