Actuarial Analyst

Who are Just?

We’re a FTSE 250 Financial Services company who specialize in retirement solutions. Just continues to grow its business annually by over £4bn of assets. We help people achieve a better later life by providing competitive and innovative products, services, financial advice, and guidance to ensure security and peace of mind in retirement.

Purpose

Support the Head of Internal Model and Senior Actuaries in maintaining and developing the Internal Model used to calculate the regulatory capital requirement for the firm. The role covers all aspects of capital management and modeling, compliance with regulatory standards, and changes in regulatory guidance and emerging industry practice.

Job Role Accountabilities

• Design, implementation, and documentation of changes planned for the Internal Model
• Regular risk calibration to ensure assessment of risks meets Solvency II tests and standards
• Conducting capital impact assessments for Group projects and business initiatives
• Regular recalibration of key risks such as credit, property, and interest rates
• Ad-hoc financial analysis to assess the impact of management actions
• Contribute to responses to PRA requests related to the Internal Model
• Propose and implement process improvements

Skills and Knowledge

• Excellent problem analysis and resolution skills
• Strong verbal, written communication, and interpersonal skills
• Understanding of products and services provided by the Group
• Understanding of business processes
• Strong technical and analytical skills
• Experience of Solvency II as applied to UK life insurers
• Ability to assess the materiality of issues and determine appropriate courses of action
• Previous experience of statistical and stochastic models would be an advantage

Why Just?

We are committed to building a more sustainable business and have publicly committed to reduce our emissions. Diversity, Equity, and Inclusion (DE&I) is a key priority for Just. We have joined initiatives to improve outcomes for employees from underrepresented backgrounds. We care about our customers, our purpose, our environment, inclusivity, wellbeing, and each other.