At a Glance
- Tasks: Lead actuarial modelling to protect savers and enhance the pensions system.
- Company: The Pensions Regulator, committed to public value and inclusivity.
- Benefits: 25 days leave, hybrid work, competitive pension, and discounts on various services.
- Other info: Join a supportive team focused on learning and professional growth.
- Why this job: Make a real impact on millions of savers while collaborating with industry experts.
- Qualifications: IFoA membership, strong modelling skills, and excellent communication abilities.
The predicted salary is between 63299 - 63299 £ per year.
As a Lead Specialist in Actuarial Modelling, you’ll play a key role in helping The Pensions Regulator protect savers and support a resilient pensions system. You’ll use your actuarial and financial modelling expertise to support the production of clear, reliable insights that shape how we understand risks in pension schemes and financial markets. Your work will directly inform strategic decisions, policy development and regulatory action, helping us spot emerging issues early and act in the interests of millions of savers.
You’ll take ownership of the design and maintenance of actuarial and financial models, ensuring data is fit for purpose and our tools are robust, well-evidenced and comply with all governance requirements. Collaboration is central to this role: you’ll work closely with specialists across TPR, partner organisations, academia and the wider industry to develop new approaches and share knowledge. You’ll also support and mentor modellers within the team, helping to build capability and encourage learning. This is a role where your technical strengths, curiosity and judgement will make a meaningful difference to the wider pensions landscape.
This Role Is Ideal For Someone Who:
- Enjoys solving complex problems and finding practical ways to turn data into insight
- Likes working collaboratively with specialists from different disciplines
- Takes pride in creating clear outputs that help others make informed decisions
- Is motivated by public value and wants their work to support better outcomes for savers
- Values learning and sharing knowledge across a supportive team
The Role Criteria:
- Current or past IFoA membership (or exam exemptions) with pensions and modelling experience
- Comprehensive knowledge of assumptions and markets including investment asset classes, statistical and mathematical theories
- Experience designing and maintaining models for DB and DC pension schemes
- Strong communication skills with the ability to explain technical analysis clearly
- Experience applying governance standards to large actuarial or investment datasets
- Ability to work across multidisciplinary teams and engage confidently with stakeholders
- Excellent Excel and VBA skills and willingness to learn new software
- Proven analytical and problem solving ability including testing and validating models
The Team:
The Pensions Insights and Modelling team provides clear insight, expert advice and practical solutions to support TPR’s work in protecting savers. The team contributes to key areas including DB funding, the DB Funding Code, superfunds, CDC authorisation, DC value for money and climate-related risk. A dedicated modelling function uses data and analytics to identify emerging issues and help target regulatory action. Collaboration is central, with close working across TPR, industry specialists and other government bodies. The team maintains strong professional standards, shares knowledge widely and stays connected to developments across the pensions landscape to support effective decision-making for colleagues and savers.
TPR Offers:
- Genuine opportunities for learning and development.
- A values-led, inclusive environment.
- Hybrid working and flexible shift patterns.
- A vibrant workplace with employee networks (Disability, Family, LGBT+, Minority Ethnic, Mental Health, Women’s).
Reward and Benefits:
We offer 25 days annual leave plus bank holidays, a hybrid working model, 35 hour working week (full-time), flexible working patterns, and flexitime. We also provide competitive parental leave, as well as a Civil Service Pension with an average employer contribution of 28.97%. Our dedicated benefits portal (Edenred) offers retail, gym, tech and restaurant discounts, and a cycle to work scheme.
Equality, Diversity and Inclusion:
Equality, diversity and inclusion is very important to us and we strive to make sure everyone has an equal opportunity to succeed. Our modern Brighton offices are accessible and we encourage applications from all backgrounds and identities.
Senior Actuarial Modeller in Brighton employer: The Pensions Regulator
The Pensions Regulator is an exceptional employer, offering a vibrant and inclusive work culture in Brighton that prioritises employee growth and collaboration. With a strong commitment to public value, employees enjoy genuine opportunities for learning and development, flexible working arrangements, and a comprehensive benefits package, including generous annual leave and a robust pension scheme. Join us to make a meaningful impact on the pensions landscape while being part of a supportive team dedicated to excellence.