DB Actuarial Analyst

Actuarial Analyst - Defined Benefit True Up Team

Location: London or Reigate (Hybrid - 50%)

Contract: Permanent

Hours: 35 hours

Purpose

The DB Actuarial Analyst will undertake pricing and actuarial input required to support delivery of DB Data True Ups and other tasks relating to in-force business.

Key Responsibilities

• Support Head of True up, DB Actuary and DB Senior Actuarial Analyst in accurate and timely delivery of data true ups.

• Prepare internal sign off documentation produced for each quotation, ensuring results are presented in a clear manner, outlining all material areas of judgement and limitations.

• Prepare drafts of client deliverables / data true up letters to be issued externally.

• Carry out all necessary BAU work for in force business which includes scheme valuations.

• Prepare scheme valuations and ensure they are delivered in a timely and accurate manner.

• Prepare individual member calculations and ensure they are delivered in a timely and accurate manner.

• Develop a deep knowledge of all systems and tools used by the True up team.

• Proactively help to drive projects forward to ensure they are progressed in line with expected timescales.

• Proactively work to promote a culture of collaboration and engagement within the True up team.

• We seek individuals enthusiastic about leveraging new technologies to drive innovation and efficiency.

What we’re looking for 

• Actuarial or Maths related degree is desirable, and / or working towards FIA qualification with some relevant experience.

• Desire for an Actuarial career.

• Understanding of actuarial principles and techniques.

• Familiarity with DB pension scheme benefits, and regulation is desirable.

• Familiarity with life insurance principles and regulation is desirable.

• Good IT skills, particularly Excel

• Strong analytical and problem-solving skills.