Actuarial Systems Development Analyst

DB Systems Development Analyst

Date Posted: 03/09/2024

Location: London

Job Type: Full time

Who are Just? We’re a FTSE 250 Financial Services company who specialise in retirement solutions. Our world is moving quickly, 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 goals, helping people achieve a better later life through competitive and innovative products, services, financial advice, and guidance.

Purpose To support the company's ambitious growth plans, we are recruiting a DB Systems Analyst to join our DB (Defined Benefit) System Development team. This role supports Just’s DB Pricing platform by building, developing, and maintaining databases and models used for pricing calculations of defined benefit bulk annuities. Your contributions will enhance the scalability of our Pricing platform, supporting the DB team to provide reliable, comprehensive, and market-leading solutions to our clients.

Key Accountabilities:

• Contribute as a member of the DB System Development team responsible for developing and maintaining our Pricing platform.
• Continuously seek opportunities to improve and enhance the processes of the DB Core Pricing team.
• Develop a deep technical knowledge of all systems, tools, and coding languages used in DB Systems Development.
• Work closely with the DB Core Pricing team to gather requirements and specifications for model development, testing, and validation.
• Ensure model developments are embedded effectively.
• Collaborate with the DB Strategic Development team to ensure interoperability of the Pricing and Data platforms.
• Work collaboratively with colleagues in Finance and Reporting, the DB Data and Transitions, and DB Operations teams.
• Work with key internal stakeholders to ensure delivery timescales are communicated effectively.
• Promote a culture of collaboration and engagement across the DB Pricing & Reinsurance team.
• Be curious, proactive, and open to new ideas, demonstrating a track record of adapting to change and embracing technology.

Qualifications, Skills and Experience

Essential:

• Enthusiasm and a keenness to learn and collaborate with the team and wider business.
• Familiarity with programming languages for financial modelling, for example: Julia, Python, R, or VBA.

Desirable:

• 2.1 or above in a technical/mathematical degree.
• Familiarity with databases, i.e. SQL, Access.
• Understanding of automated testing and continuous integration.
• Knowledge of UK Defined Benefit pension schemes and the DB buy in/buy out market.
• Sound knowledge of technical actuarial concepts or financial economics.
• Experience working within the financial or professional services industry.
• Experience of working with cloud-based or distributed computing.

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. We have joined initiatives designed to improve outcomes for employees from underrepresented backgrounds and run a Reciprocal Mentoring scheme for employees from diverse backgrounds.

At Just, we encourage a flexible and agile working environment for the majority of our opportunities.