At a Glance
- Tasks: Review pension reports, calculate premiums, and create insightful analysis.
- Company: Dynamic firm expanding its BPA business with a collaborative team.
- Benefits: Competitive salary, career development, and flexible working options.
- Other info: Exciting opportunities for growth in a supportive environment.
- Why this job: Join a growing team and make a real impact in the pensions sector.
- Qualifications: Analytical skills and understanding of pension schemes required.
The predicted salary is between 30000 - 40000 £ per year.
As part of growing their BPA business, they are looking for a number of analyst roles to support their Operations, Pricing, and Proposition & Projects teams.
Location: Hertfordshire/Bristol/London
Category: Actuarial / Pensions
Type: Permanent
Key Duties (Including but not limited to):
- Review pension scheme reports and data to compile data schedules and benefit specifications between the Company and Scheme Trustees, ensuring completeness and accuracy, including legislative compliance.
- Utilize actuarial concepts and models to calculate premiums, premium true-ups, trivial commutations, and other member options using actuarial processes, modeling systems, spreadsheets, and reporting tools.
- Create quality reports to facilitate understanding of results and analysis, supporting downstream activities such as administration updates, reinsurance accounting, premium adjustments, project planning, and resource tracking.
- Maintain strong technical skills with an understanding of Defined Benefit pension schemes and legislative requirements.
- Develop awareness of the UK regulatory environment.
- Build relationships and earn trust and respect at all organizational levels.
Pensions Actuarial Analyst – Projects & Pricing in Bristol employer: The Emerald Group
Join a dynamic and supportive team as a Pensions Actuarial Analyst, where you will have the opportunity to work on impactful projects within a growing BPA business. Our company fosters a collaborative work culture that prioritises employee development, offering extensive training and growth opportunities in the heart of vibrant locations like Hertfordshire, Bristol, and London. With a commitment to excellence and innovation, we provide a rewarding environment for those looking to make a meaningful contribution in the actuarial field.
StudySmarter Expert Advice🤫
We think this is how you could land Pensions Actuarial Analyst – Projects & Pricing in Bristol
✨Tip Number 1
Network like a pro! Reach out to current employees in the pensions and actuarial field on LinkedIn. A friendly chat can give us insights into the company culture and maybe even a referral!
✨Tip Number 2
Prepare for those interviews by brushing up on your technical skills. Make sure we can confidently discuss Defined Benefit pension schemes and relevant legislation. Practice common actuarial scenarios to show off our expertise!
✨Tip Number 3
Showcase our analytical skills! Bring examples of past projects where we’ve used actuarial models or data analysis. This will help us stand out and demonstrate our ability to contribute to the Pricing and Projects teams.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure our application gets noticed. Plus, it shows we’re genuinely interested in being part of the team!
We think you need these skills to ace Pensions Actuarial Analyst – Projects & Pricing in Bristol
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Pensions Actuarial Analyst role. Highlight relevant experience and skills that match the job description, especially around actuarial concepts and pension schemes.
Showcase Your Technical Skills:We want to see your strong technical skills in action! Include specific examples of how you've used actuarial processes, modelling systems, or reporting tools in your previous roles.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our Operations, Pricing, and Projects teams. Keep it concise but impactful!
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at The Emerald Group
✨Know Your Numbers
Brush up on your actuarial concepts and models before the interview. Be ready to discuss how you would calculate premiums and handle data schedules. This shows you’re not just familiar with the theory but can apply it practically.
✨Legislation is Key
Make sure you understand the legislative requirements surrounding Defined Benefit pension schemes. Being able to talk about compliance and regulatory environments will demonstrate your technical knowledge and commitment to accuracy.
✨Showcase Your Reporting Skills
Prepare examples of reports you've created in the past. Discuss how these reports facilitated understanding and supported downstream activities. This will highlight your ability to communicate complex information clearly.
✨Build Relationships
Think about how you’ve built trust and respect in previous roles. Be ready to share specific examples of how you’ve collaborated with teams or stakeholders, as this role requires strong interpersonal skills across various organisational levels.