DB Actuarial Analyst

DB Actuarial Analyst

Location: Reigate (Hybrid)

Who are Just?

We’re a FTSE 250 Financial Services company who specialise in retirement solutions. With the defined benefit buy in / buy out space growing each year, Just continues to grow its business by over £4bn of assets annually.

We are a purpose-driven company with compelling and credible goals. Quite simply, we help people achieve a better later life by providing competitive and innovative products, services, financial advice, and guidance to help our customers achieve security and peace of mind in retirement.

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 for each quotation, ensuring results are presented clearly, 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, including 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.
• 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.

Key Skills

• 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.
• Good IT skills, particularly Excel.
• Strong analytical and problem-solving skills.

Why Just?

We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050 and our scope 1 and 2 emissions to Net Zero by 2025.

Diversity, Equity, and Inclusion (DE&I) is a key priority for Just as part of our overall strategy. We have joined several initiatives designed to improve outcomes for employees from underrepresented backgrounds.

What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing, and most importantly - each other.