Diegem

London

Newark NJ

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Health

Pensions

Reporting

Risk

Systems

Python

Modelling

Coding

Bulk Annuities

Pricing

Valuation

Longevity

Consulting

Excel

Julia

DB Transaction Solutions Senior AnalystDate Posted: 17/02/2025Location: LondonJob Type: Full timeWho 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.We aim to become a beacon for the retirement industry, believing that everyone deserves a fair, secure, and fulfilling retirement.PurposeThe purpose of this role is to undertake actuarial input on asset solutions and funded reinsurance to support the delivery of the Defined Benefit (DB) Business Plan and the management of ongoing funded reinsurance contracts.Job Role Accountabilities<ul><li>Support the Head of DB Transaction Solutions with the development of tools, processes, and methodologies for the production of price locks for DB transactions.</li><li>Model pension scheme liquid asset portfolios to create bespoke price locks for larger transactions.</li><li>Monitor aggregate market risk exposure across ongoing DB transactions and summarise for the Pricing Committee and Market Risk Forum.</li><li>Liaise with Derivative Solutions and ALM teams on the implementation of hedges to mitigate market risk.</li><li>Give initial consideration to scheme requests to transfer liquid assets in-specie as part of premium payment.</li><li>Support the Head of DB Transaction Solutions with the continued development of pricing methodologies for larger DB transactions.</li><li>Collateral management for existing funded reinsurance arrangements.</li><li>Develop a deep knowledge of systems and tools used across DB and ensure further developments are efficiently integrated.</li></ul>Qualifications<ul><li>2.1 or above in a technical/mathematical degree is desirable.</li><li>Many of our team are working towards an FIA qualification, but we also consider individuals not pursuing an actuarial qualification or working towards alternatives (e.g., CFA).</li></ul>Skills and Knowledge<ul><li>Strong numeracy skills.</li><li>Strong analytical and problem-solving skills.</li><li>Strong IT skills, including Excel and programming languages.</li><li>Good interpersonal and team working skills.</li><li>Excellent verbal and written communication skills.</li><li>Ability to work without close supervision.</li><li>Sound knowledge of technical actuarial concepts, particularly principles underlying bulk annuity pricing.</li><li>Good knowledge of the DB buy in/buy out market, life insurance, and relevant regulation.</li></ul>Experience<ul><li>Experience working with pension scheme asset portfolios and using Bloomberg is desirable.</li><li>Coding experience is desirable, for example, Julia, Python, and/or VBA.</li></ul>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. We encourage our people to make small and meaningful changes in their everyday lives to protect our planet for future generations.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.We care about our customers, our purpose, our environment, inclusivity, wellbeing, and most importantly - each other.

DB Transaction Solutions ManagerDate Posted: 05/02/2025Location: LondonJob Type: Full timeWho 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 and credible goals. We help people achieve a better later life by providing competitive and innovative products, services, financial advice, and guidance to help our customers achieve security and peace of mind in retirement.PurposeThe purpose of this role is to undertake actuarial input on asset solutions and funded reinsurance to support the delivery of the DB Business Plan and the management of ongoing funded reinsurance contracts.Job Accountabilities<ul><li>Support the Head of DB Transaction Solutions with the development of tools, processes, and methodologies for the production of price locks for DB transactions.</li><li>Work closely with the DB pricing team to streamline BAU price lock production and coordinate with Treasury on bespoke price locks for complex transactions.</li><li>Monitor aggregate market risk exposure across ongoing DB transactions and summarise for the Pricing Committee and Market Risk Forum.</li><li>Liaise with Treasury and ALM on the implementation of hedges to mitigate market risk in “exclusivity”.</li><li>Consider scheme requests to transfer liquid assets in-specie as part of premium payment and coordinate with the Investment Team on detailed analysis.</li><li>Support the continued development of illiquid asset solutions, including deferred premium and in-specie transfers.</li><li>Assist in the development of pricing methodologies for larger DB transactions, including bespoke pricing approaches for specific deals.</li><li>Manage collateral for existing funded reinsurance arrangements and support the DB Reinsurance Development team with new agreements.</li><li>Provide ad hoc support for new features as needed for strategically significant, complex, or large deals.</li><li>Develop a deep knowledge of systems and tools used across DB and ensure efficient integration of further developments.</li><li>Develop proficiency in programming languages utilised in DB, particularly Julia, focusing on scalable coding solutions that limit reliance on Excel.</li></ul>Qualifications<ul><li>Obtained FIA qualification.</li></ul>Skills and Knowledge<ul><li>Strong analytical and problem-solving skills.</li><li>Strong IT skills, particularly in Excel and coding.</li><li>Good interpersonal, team working, and leadership skills.</li><li>Excellent verbal and written communication, with the ability to present complex financial concepts clearly.</li><li>Ability to work without supervision.</li><li>Strong technical skills and deep knowledge of actuarial concepts, particularly those underlying bulk annuity pricing.</li><li>Strong knowledge of the DB buy in/buy out market, life insurance, and relevant regulation.</li></ul>Experience<ul><li>Minimum of 3 years of experience working within a pension consultancy or life insurance company.</li></ul>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. We encourage our people to make small and meaningful changes in their everyday lives to protect our planet for future generations.Diversity, Equity, and Inclusion (DE&I) is a key priority for Just as part of our overall strategy. We ensure all of our people feel proud to work at Just. We have joined initiatives designed to improve outcomes for employees from underrepresented backgrounds. We also run a Reciprocal Mentoring scheme for employees from diverse backgrounds.What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing, and most importantly - each other.Apply Now

Job Classification: Actuarial - ActuarialAt Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions! The current employee work arrangement for this position is Hybrid and requires your on-site presence on a reoccurring basis as determined by your business. Your manager will provide additional details relative to the specific number of days you are expected to be on-site.What you can expect:<ul><li>Price complex Pension Risk Transfer transactions. This work would involve the creation of liability cashflows and reserves, ALM modeling, and financial statement analysis</li><li>Analyze population and contract specific data to determine mortality and other demographic assumptions used in Funded transactions</li><li>Execute modeling and generate analysis of financial projections to drive pricing recommendations</li><li>Contribute to improving existing processes by leveraging best practices and various platforms including Excel, Python & SQL</li><li>Work with a broad group of actuarial and business partners in a fast-paced, customer and deal-focused environment</li></ul>What you'll need:<ul><li>Bachelor's degree required, preferably in Actuarial Science, Mathematics, Statistics, Computer Science, or other STEM field</li><li>Minimum of 2 years of actuarial experience with a minimum of 3 actuarial exams passed, LTAM is preferred</li><li>Strong technical skills to understand complex quantitative concepts and financial projection model</li><li>Deep knowledge of Microsoft Excel and other Office-suite software</li><li>Strong working knowledge of at least one programming language such as Python, C#, SQL, VBA preferred</li><li>Understanding of Life/Annuity products, capital markets, and pension plans</li><li>Highly motivated, innovative problem solver and conceptual thinker that excels in collaborative work environments</li><li>Good verbal & written communication skills, particularly in explaining technical results to non-technical audiences</li><li>Actuarial exam support provided.</li></ul>Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.At Prudential, you can:Take charge of your career. We equip and empower our employees to expand their skills and experience by using powerful learning, gigs, and job opportunities. We offer a suite of services such as on demand resources and networking to propel your career forward. We're a global organization, full of outstandingly dedicated people who aren't afraid to think differently, challenge the status quo and take sensible risks along the way. You will enjoy pushing boundaries as we build innovative technology that helps clients, customers and employees live their best lives. You will have access to leadership and learning opportunities and the resources needed to take your career in any direction. We will help you do your best work, offering flexibility, while delivering on our Purpose.What we offer you:<ul><li>Market competitive base salaries, with a yearly bonus potential at every level</li><li>Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave</li><li>Retirement plans:</li><li>401(k) plan with company match (up to 4%)</li><li>Company-funded pension plan</li><li>Wellness Programs to help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs</li><li>Work/Life Resources to help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.</li><li>Tuition Assistance to help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.</li><li>Employee Stock Purchase Plan: Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.</li></ul>To find out more about our Total Reward package, see our Total Rewards Brochure. Some of the above benefits may not apply to part-time employees scheduled to work less than 20 hours per week.Note: Prudential is required by state specific laws to include the salary range for this role when hiring a resident in applicable locations. The salary range for this role is from $97,300.00 to $144,900.00. Specific pricing for the role may vary within the above range based on many factors including geographic location, candidate experience, and skills. Roles may also be eligible for additional compensation and/or benefits. Eligibility to participate in a discretionary annual incentive program is subject to the rules governing the program, whereby an award, if any, depends on various factors including, without limitation, individual and organizational performance. In addition, employees are eligible for standard benefits package including paid time off, medical, dental and retirement.Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom. Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services. We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals.Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status, medical condition or any other characteristic protected by law. The Prudential Insurance Company of America, Newark, NJ and its affiliates.Note that this posting is intended for individual applicants. Search firms or agencies should email Staffing at staffingagencies@prudential.com for more information about doing business with Prudential.PEOPLE WITH DISABILITIES: If you need an accommodation to complete the application process, which may include an assessment, please email accommodations.hw@prudential.com. Please note that the above email is solely for individuals with disabilities requesting an accommodation. If you are experiencing a technical issue with your application or an assessment, please email careers.technicalsupport@prudential.com to request assistance.

At Prudential, we believe talent is key to achieving our vision. When you join Prudential, you'll unlock a motivating and impactful career - all while growing your skills and advancing your profession at one of the world's leading financial services institutions!The Director, Actuary role on the Retirement Strategies US Funded PRT Pricing team is a position that plays a key part in the overall pricing execution and infrastructure development of Prudential's rapidly growing US Pension Risk Transfer Business.Primary responsibilities include:<ul><li>Lead financial modeling and pricing execution for US Funded PRT transactions.</li><li>Supervise highly motivated and talented quantitative professionals to achieve aggressive business growth goals.</li><li>Collaborate with business and corporate leaders to determine and implement optimal pricing strategies that balance competitiveness and profitability, while ensuring compliance with Enterprise Pricing Standards.</li><li>Collaborate with matrix partners to manage Pricing team capacity.</li><li>Lead the effort in expanding team capabilities in evaluating complex pension plan provisions.</li><li>Analyze population and pension plan specific experience data to determine mortality and other demographic assumptions used in Funded transactions.</li><li>Provide timely, accurate and insightful pricing analytics to facilitate confident decision-making and to achieve business goals.</li><li>Support internal efforts to secure necessary approvals both from Prudential Retirement Strategies' leaders and other governing bodies across the Prudential Enterprise.</li></ul>What you'll need:<ul><li>ASA (EA or FSA Preferred) with 5 plus years of strong actuarial experience (product development, pricing, valuation, GAAP/Stat reporting, financial modeling, asset-adequacy testing, asset/investment/hedging/risk modeling, etc)</li><li>Deep background in US pension plans deferred life provisions</li><li>Working knowledge of Python (e.g. pandas, numpy, sqlalchemy, plotly/dash, xlwings) strongly preferred; knowledge of other coding languages is not required but would be welcomed</li><li>Having investment/ALM experience a big plus</li><li>Strong communication skills, particularly in presenting results to senior executives</li><li>Strong project management skills and ability to juggle multiple urgent priorities</li><li>Creative problem-solver, particularly in areas with very little clarity or precedence</li><li>Mortality underwriting experience preferred but not required</li><li>Highly motivated and ability to thrive in a fast-paced, results-oriented environment</li><li>Fast learner and ability to work in a highly collaborative, multi-functional team</li></ul>Prudential welcomes all applicants, even if you don't meet every requirement. If your skills align with the role, we encourage you to apply.What we offer you:<ul><li>Market competitive base salaries, with a yearly bonus potential at every level</li><li>Medical, dental, vision, life insurance, disability insurance, Paid Time Off (PTO), and leave of absences, such as parental and military leave</li><li>Retirement plans:</li><li>401(k) plan with company match (up to 4%)</li><li>Company-funded pension plan</li><li>Wellness Programsto help you achieve your wellbeing goals, including up to $1,600 a year for reimbursement of items purchased to support personal wellbeing needs</li><li>Work/Life Resourcesto help support topics such as parenting, housing, senior care, finances, pets, legal matters, education, emotional and mental health, and career development.</li><li>Tuition Assistanceto help finance traditional college enrollment toward obtaining an approved degree, many accredited certificate programs, and industry designations.</li><li>Employee Stock Purchase Plan:Shares can be purchased at 85% of the lower of two prices (Beginning or End of the purchase period), after one year of service.</li></ul>Prudential Financial, Inc. of the United States is not affiliated with Prudential plc. which is headquartered in the United Kingdom.Prudential is a multinational financial services leader with operations in the United States, Asia, Europe, and Latin America. Leveraging its heritage of life insurance and asset management expertise, Prudential is focused on helping individual and institutional customers grow and protect their wealth. The company's well-known Rock symbol is an icon of strength, stability, expertise and innovation that has stood the test of time. Prudential's businesses offer a variety of products and services, including life insurance, annuities, retirement-related services, mutual funds, asset management, and real estate services.We recognize that our strength and success are directly linked to the quality and skills of our diverse associates. We are proud to be a place where talented people who want to make a difference can grow as professionals, leaders, and as individuals.Prudential is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, ancestry, sex, sexual orientation, gender identity, national origin, genetics, disability, marital status, age, veteran status, domestic partner status , medical condition or any other characteristic protected by law.

Senior Actuary with knowledge of IAS19Health and Wealth Solutions is a global leading division of Aon that is specialized in providing advice with respect to human capital consultancy and outsourcing. Thanks to our approach, expertise and global network, we can offer solutions for the most important and complex challenges in the field of human resources. Our team consists of professionals who have access to broad and thorough surveys, knowledge platforms and services. We dispose of several offices in Belgium &amp; worldwide. We work for more business sectors than any other consultant in human capital. Apart from being the global leader, we also are the innovative leader in human capital consultancy &amp; outsourcing.You will be part of a dynamic team of actuaries and advisors. The team gives advice about the employee benefit schemes including actuarial valuations for pension funds and group insurances, provides assistance with the accounting and consolidation of employee benefits in accordance with IFRS or USGAAP for multinationals, assists with mergers &amp; acquisition projects, ALM studies for pension funds, etc.The team of Health and Wealth Solutions will give you a thorough training allowing you to take on new responsibilities and offers you the possibility to develop an international career.Your profile<ul><li>You have a master&rsquo;s degree in mathematics, ideally specialized in actuarial sciences;</li><li>You have at least 7 years of experience in a similar role;</li><li>You have an excellent knowledge of Dutch or French and English;</li><li>You are passionate about analyzing data and numbers;</li><li>You are an experienced user of MS Office (a good knowledge of Excel is a must);</li><li>You are a service minded team player;</li><li>You work accurately.</li></ul>Do you want more information about this vacancy? Are you interested in a dynamic career environment with plenty of opportunities for self-development as well as a competitive remuneration package? Apply now!
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Aon is in the business of better decisionsAt Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed.DepartmentHealth and Wealth Solutions is a global leading division of Aon that is specialized in providing advice with respect to human capital consultancy and outsourcing. Thanks to our approach, expertise and global network, we can offer solutions for the most important and complex challenges in the field of human resources. Challenges faced by many organizations today. Our team consists of professionals who have access to broad and thorough surveys, knowledge platforms and services. We dispose of several offices in Belgium &amp; worldwide. Health and Wealth Solutions works for more business sectors than any other consultant in human capital. Apart of being the global leader, we also are the innovative leader in human capital consultancy &amp; outsourcing. Your roleYou will be part of a dynamic team of actuaries and advisors. The team gives advice about the employee benefit schemes including actuarial valuations for pension funds and group insurances, provides assistance with the accounting and consolidation of employee benefits in accordance with IFRS or USGAAP for multinationals, assists with mergers &amp; acquisition projects, ALM studies for pension funds, etc. The team will give you a thorough training allowing you to take on new responsibilities and offers you the possibility to develop an international career. Skills and experience that will lead to success<ul><li>You havea master&rsquo;s degree in mathematics, ideally specialized in actuarial sciences; </li><li>You have at least 7 years of experience in a similar role;</li><li>You have anexcellent knowledge of Dutch or French and English;</li><li>You are passionate about analyzing data and numbers; </li><li>You are an experienced user of MS Office (a good knowledge of Excel is a must); </li><li>You are a service minded team player; </li><li>You work accurately.</li></ul>Interested?Do you want more information about this vacancy? Are you interested in a dynamic career environment with plenty of opportunities for self-development as well as a competitive remuneration package? Apply now!

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