Actuarial Analyst

Actuarial Analyst

Home Based

We are looking for an experienced Actuarial Analyst to join our Actuarial Consulting Services team. You will assist Scheme Actuaries and Senior Actuarial Analysts/Consultants to provide advice to a portfolio of corporate defined benefit pension schemes. Examples of the areas of work would include triennial valuations and other funding updates, individual member calculations, preparation of accounting numbers, actuarial costings.

You will also have responsibility for reviewing actuarial work of junior colleagues.

Job title: Actuarial Analyst

Job Description:

Responsibilities include:

• Ability to design and provide guidance/ideas on calculations and spreadsheet design for ad hoc tasks.
• Ability to derive possible assumptions basis and justify rationale to senior colleagues.
• Ability to adapt standard spreadsheets and standard report templates for client requirements.
• Individual calculations.
• Actuarial valuations, including data work, liability calculations, analysis of surplus, calculation of future contributions, report and document drafting.
• Accounting disclosures.
• Funding updates.
• Benefit redesigns/costings.

What can we offer you?

The team you will be joining tailor sustainable and pragmatic solutions that enable our clients to mitigate risks and plan for the future. You will be supported to learn and grow in a team of actuarial professionals and your study for the actuarial exams will be supported financially, with study and exam leave and support for your colleagues and line manager. You will receive salary increments with exam passes.

Who are we looking for?

• Currently working in a pensions actuarial team.
• Excel skills – vlookups and macros.
• Member of the Institute and Faculty of Actuaries and working towards becoming a qualified actuary or wanting to start the actuarial exams (with full study support available).
• Good team player, with excellent attitude and flexible approach to work.
• Experience in using PFaroe actuarial software (preferable).

About Capita Pension Solutions

At Capita Pension Solutions (CPS) we continue to grow and evolve our Strategy & Product function. We are at another exciting point in that evolution, defining and executing CPS’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2025 and beyond.

What’s in it for you?

• 23 days’ holiday (rising to 27) with the opportunity to buy extra leave.
• Company matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks…and plenty more.
• Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology.
• The opportunity to take a paid day out of the office, volunteering for our charity partners or a cause of your choice.
• Access to our Employee Network Groups, which represent every strand of diversity and allow colleagues to connect and learn from each other on an open, inclusive platform.

What we hope you’ll do next:

Choose ‘Apply now’ to fill out our short application, so that we can find out more about you.

We’re an equal opportunity and Disability Confident employer, which means we recruit and develop people based on their merit and passion. We’re committed to providing an inclusive, barrier-free recruitment process and working environment for everyone. If you need the job description or application form in an alternative format (such as large print or audio), or if you’d like to discuss other changes or support you might need going forward, please email Iqbal at reasonableadjustments@capita.com or call 07784 237318 and we’ll get back to you.

Access to Work can help candidates with a physical or mental health condition or disability to get support in the hiring process, including communication support at interviews such as a British Sign Language interpreter.

Location: Home-Based - GBR, United Kingdom

Time Type: Full time

Contract Type: Permanent