DB Actuarial Analyst

Job Title: DB Actuarial Analyst

Location: Reigate (Hybrid)

The Role

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 produced for each quotation, ensuring results are presented in a clear manner, 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 which includes scheme valuations and individual member calculations.
• Develop a deep knowledge of all systems and tools used by the True up team.
• Proactively work to promote a culture of collaboration and engagement within the True up team.

Key Skills

• 2.1 or above in an 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.
• Familiarity with life insurance principles and regulation is desirable.
• Good IT skills, particularly Excel.
• Strong analytical and problem-solving skills.

Overview of Company

We're a specialist UK financial services group focusing on attractive segments of the UK retirement income market. 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.

Company Benefits

• Competitive Salary, amazing Pension Scheme and Life Assurance.
• 25 Days Annual Leave plus an Additional Day on us for your Birthday.
• Private Medical Cover and Income Protection.
• A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets.
• Opportunity to progress within your career both in-role and within the company.
• FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site).
• A variety of Employee Funded Benefits available to you via our Online Benefits Portal.
• Plus, several additional purchase options available for you and your loved ones.