Actuary (Group Pricing)

Actuary - Group Pricing

Location: London

Job Type: Full time

Who are Just? We’re a FTSE 250 Financial Services company who specialise in retirement solutions. 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: To support the Head of Group Pricing in ensuring all product pricing is accurate and aligned to the Group’s risk appetite and financial objectives, and to support the development of new products.

Role Accountabilities:

• Lead the production of Group Pricing BAU processes, including bi-weekly/monthly MI, Pricing Yield Curves, and Business Planning.
• Support the Head of Group Pricing in maintaining up-to-date pricing frameworks for all products.
• Maintain close relationships with related departments to ensure a consistent understanding of financial metrics and impacts.
• Support the development and maintenance of the data, processes, and systems used by the Group Pricing team.
• Support the delivery of projects and BAU activity for the Chief Actuary team.
• Integrate new technologies into existing workflows to streamline processes.
• Develop and maintain data, processes, and systems used by the Chief Actuary team.
• Maintain own competence and personal development.
• Support the Chief Actuary team as required.

Activities will include:

• Carrying out or checking the work of others on key Chief Actuary team development projects and BAU work.
• Liaising with stakeholders to communicate outcomes and insights.
• Implementing modern technology to automate and improve efficiency of processes and tools.
• Ensuring data, tools, models, and documentation are complete and robust.
• Collaborating across the Chief Actuary team to ensure consistency of pricing, reinsurance, and reserving.

Skills and Knowledge:

• Strong data handling, analytical, and modelling skills.
• Excellent time management skills.
• Excellent verbal, written communication, and interpersonal skills.
• Ability to deal with multiple projects and change.
• Ability and willingness to supervise analysts in the team.
• Excellent IT skills, including Power BI and coding languages (e.g., Python, Julia).
• Knowledge of the products and services provided by the Group.
• Understanding of the industry and the Group’s target markets.
• Understanding of the operating systems and processes within the Group.
• Propensity to maintain competence and up-to-date knowledge.

Experience:

• Experience in the UK life industry.
• Pricing and product development experience of annuities and/or lifetime mortgages.
• Experience in capital management, actuarial reporting, ALM, and Pricing is preferred.
• Nearly qualified FIA, FFA, or equivalent.

Company Benefits:

• A competitive Salary, Pension Scheme, and Life Assurance.
• 25 Days Annual Leave plus an Additional Day for your Birthday.
• Private Medical Cover and Income Protection.
• A generous and highly achievable bonus scheme.
• Opportunity to progress within your career.
• FREE access to the Headspace App and a 24/7 Employee Assistance Helpline.
• A variety of Employee Funded Benefits available via our Online Benefits Portal.

We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050. Diversity, Equity, and inclusion (DE&I) is a key priority for Just as part of our overall strategy.

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.