Actuarial Analyst

Job Title- Actuarial Analyst or Pensions Analyst

Job Type- Remote

Duration- Full Time, permanent

Salary- up to 48k, level 3, 2.5% bonus

Home Based
We are looking for someone with DB pensions experience to join our special projects team. You will either be currently working in an actuarial team or come from a technical or administration pensions background with experience of pensions calculations and advanced excel skills (VLOOKUP's/Macros).
About Us

Our client provide actuarial services to over 200 pension schemes, specializing in pensions strategy, funding, valuations, journey planning, de-risking, GMP equalisation, and integrated risk management. Their team collaborates with trustees to offer tailored, sustainable solutions, helping them meet legal and regulatory obligations while mitigating risks and planning.

Job Description:

What will you be doing:

• Taking a significant role on a wide range of DB pensions projects for occupational DB pension clients, public sector DB pension clients and bulk annuity providers and may include any/all the below plus other project types as they arise:
• Benefits and data due diligence
• Benefit calculation audits
• Data validation and improvement/creation projects
• Calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
• Benefit summary specification creation or review
• Attending client meetings or calls
• Acting as the client's primary point of contact on some projects
• Documenting issues/results with clear communication style by email and phone
• Producing/reviewing consulting reports on projects, as required

Work includes:

• Benefit calculation audits
• Data validation/audits and improvement/creation projects
• Benefits and data due diligence
• Benefit correction/rectification exercises
• Benefit calculation proforma for administration teams to use on smaller clients
• Calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
• Benefit summary specification creation or review
• Documenting issues/results with clear communication style by email and phone
• Liaising with internal contacts across the wider pensions business
• Drafting consulting reports on projects, as required
• Key Duties/Responsibilities:
• Supervising and checking work of junior team members, providing timely feedback and development support as appropriate
• Working directly with actuaries within the special projects team and, if required, more widely within the actuarial department
• Ensuring a robust audit trail is produced for all work activities
• Liaising with administration onboarding teams and/or live administration teams to resolve identified issues in a pragmatic yet technically accurate way
• Supporting the management of the team's workflow to achieve client delivery
• Taking responsibility for own learning and development, keeping up to date with pensions' regulatory developments

Who are we looking for?

• Experience in a technical or administration role in DB pensions or currently working in an actuarial team this could be part qualified or qualified by experience
• Advanced Microsoft Excel
• Pensions calculations
• Experience with public sector pensions is an advantage
• A practical, wide/deep knowledge of occupational DB pensions
• Flexibility to work on different types of DB pensions projects, sometimes simultaneously
• Ability to deliver to tight timescales
• Clear communication with actuaries and non-actuaries
• Meticulous attention to detail
• Ability to work both independently and as part of a team
• Experience of supporting and developing analysts through project work
• Good team player, with excellent attitude and flexible approach to work