DB Pricing Actuary

Role Overview

This is a fantastic newly created opportunity for someone with good DB pensions experience to join a dynamic team with huge potential for growth. We are looking for a recently qualified actuary to price Bulk Purchase Annuity transactions and support the DB Solutions Team’s growth ambitions.

Key Responsibilities

• Support Senior DB Pricing Actuaries in accurate and timely delivery of new business quotations, including cashflow production, premium calculation and external documentation.
• Provide final pricing review/sign off for new business quotations
• Take lead role in completing ad hoc projects
• Actively assist in development of junior team members

Key Skills

• Strong knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.
• Likely to be recently IFoA qualified
• Strong technical skills, deep technical knowledge of actuarial concepts particularly those underlying bulk annuity pricing.
• Strong IT skills, particularly Excel, coding experience desirable
• Good interpersonal, team working and leadership skills
• Excellent verbal, and written communication, with the ability to present complex financial concepts in a clear and concise manner

Overview of Company

We’re a specialist UK financial services group focusing on attractive segments of the UK retirement income market but guess what, we’re not your traditional financial services company and we’re not just looking for traditional financial services people.

We need agile operators, who can quickly find solutions and are committed to doing the right thing for our customers. To fulfil our purpose to help people achieve a better later life.

In 2021 we were named as one of the UK’s 100 Best Large Companies to work for and accredited as a 2-star organisation, representing outstanding levels of engagement. Alongside these we were also recognised as one of the Financial Services’ 30 Best Companies to Work For, London’s 75 Best Large Companies to Work For, South East’s 100 Best Companies to Work For and Northern Ireland’s 10 Best Companies to Work For. We’re extremely proud to have achieved this against the backdrop of the pandemic and the many challenges it posed to our colleagues and customers.

Benefits

• Competitive Salary, Pension Scheme and Life Assurance
• Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
• Private Medical Cover and Income Protection, just in case
• A Bonus Scheme that takes a balanced approach and looks at both 'in role performance' but also 'the behaviours and attitudes you exhibit at work'
• FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
• Plus, we have a variety of Employee Funded Benefits available to our Employees via our Online Benefits Portal