DB Reinsurance Senior Analyst

DB Reinsurance Senior Analyst

Date Posted: 12/05/2026

Location: London

Job Type: Full time

Defined Benefit (DB) Reinsurance Senior Analyst

Location: London

Contract: Permanent

Hours: 35 hours

Purpose

This role is in the DB Reinsurance pricing team, which is a dedicated reinsurance team within the DB Pricing and Reinsurance function. The purpose of the Reinsurance Pricing team can be broadly split into the following categories:

• Reinsurance pricing for live, large DB quotes
• Execution of new reinsurance contracts
• Analyse and implement changes to existing reinsurance contracts
• Provide actuarial input where required to support management of in-force reinsurance business
• Develop models and processes

About Just

We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve.

This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.

Key Responsibilities

• Analyse open market reinsurance pricing for large DB deals, ensuring the terms are accurately built into the pricing model and reflected in pricing metrics.
• Support Pricing Committee decision making by preparing pricing metrics on various reinsurance scenarios.
• Support execution of new reinsurance contracts, working with internal and external stakeholders to ensure reinsurance terms are agreed and understood.
• Support Senior Reinsurance Actuaries to prepare written reports to relevant internal committees.
• Support Reinsurance Operations and DB Transaction Solutions teams where required with the management of the in-force reinsurance business.
• Check work of junior team members and support with their learning and development.
• Support Senior Reinsurance Actuaries with development projects, proactively driving them forward to ensure they are progressed in line with expected timescales.
• Develop a deep technical knowledge of all systems and tools used in DB.
• Continuously look for areas where we can improve.
• Be curious, proactive and open to new ideas.
• Carry out detailed pricing analyses to develop a deep understanding of different reinsurers’ bases.
• Develop strong technical skills, for example by learning new coding languages, in order to support the development of models, tools and processes in the team.
• Work collaboratively with colleagues in Finance and Reporting and the DB Data and Integration and DB Operations team to ensure that commercial changes flow through effectively to the wider DB ecosystem.
• Proactively look to improve processes and efficiencies within the DB Reinsurance Pricing team.

What We’re Looking For

• Strong technical actuarial knowledge, particularly understanding of bulk annuity pricing and longevity swap reinsurance.
• Problem analysis and resolution skills.
• Capable of working collaboratively.
• Strong IT skills including Excel and programming languages, and a keen attitude to learn where these skills don’t exist.
• Excellent verbal, written communication, and interpersonal skills.
• Open-minded and willing to engage in challenge.
• High degree of understanding of the products and services provided by the Group, the markets, and the regulatory/legal framework that the Group operates within.

Experience

• Experience gained in the Life Insurance or DB Pensions industry.
• Experience in the bulk annuity market.
• Coding experience is desirable, for example Julia, Python, and/or VBA.

Our Behaviours

At Just, you’ll have the opportunity to develop your career while making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture - we’re ambitious, curious, and collaborative.

What’s in it for You

• A competitive salary, 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.
• Opportunities to progress your career in-role and within the company.
• Free access to the Headspace app and 24/7 employee assistance helpline.
• A variety of employee funded benefits available via our online benefits portal.
• Several additional purchase options available for you and your loved ones.

Belonging at Just

Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making.

We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets.

Application Details

Please submit your CV using the 'apply now’ button. Shortlisted candidates will be contacted regarding next steps which may include an initial phone interview and in-person assessment.

Be Bold. Be Brilliant. Be Just.