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Date Added: Sat 01/02/2025

Actuarial Analyst

Nationwide, BB7, UK
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Company: GUIDANT GLOBAL

Job Type: Permanent, Full Time

Salary: £47000/annum

Job Title- Actuarial Analyst or Pensions Analyst

Job Type- Remote

Duration- Full Time, permanent

Salary- up to 48k, level 3, 2.5% bonus

Home Based

We are looking for someone with DB pensions experience to join our special projects team. You will either be currently working in an actuarial team or come from a technical or administration pensions background with experience of pensions calculations and advanced excel skills (VLOOKUP's/Macros).

About Us

Our client provide actuarial services to over 200 pension schemes, specializing in pensions strategy, funding, valuations, journey planning, de-risking, GMP equalisation, and integrated risk management. Their team collaborates with trustees to offer tailored, sustainable solutions, helping them meet legal and regulatory obligations while mitigating risks and planning.

Job Description:

What will you be doing:

Taking a significant role on a wide range of DB pensions projects for occupational DB pension clients, public sector DB pension clients and bulk annuity providers and may include any/all the below plus other project types as they arise:
Benefits and data due diligence
Benefit calculation audits
Data validation and improvement/creation projects
Calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
Benefit summary specification creation or review
Attending client meetings or calls
Acting as the client's primary point of contact on some projects
Documenting issues/results with clear communication style by email and phone
Producing/reviewing consulting reports on projects, as requiredWork includes:

Benefit calculation audits
Data validation/audits and improvement/creation projects
Benefits and data due diligence
Benefit correction/rectification exercises
Benefit calculation proforma for administration teams to use on smaller clients
Calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
Benefit summary specification creation or review
Documenting issues/results with clear communication style by email and phone
Liaising with internal contacts across the wider pensions business
Drafting consulting reports on projects, as required
Key Duties/Responsibilities:
Supervising and checking work of junior team members, providing timely feedback and development support as appropriate
Working directly with actuaries within the special projects team and, if required, more widely within the actuarial department
Ensuring a robust audit trail is produced for all work activities
Liaising with administration onboarding teams and/or live administration teams to resolve identified issues in a pragmatic yet technically accurate way
Supporting the management of the team's workflow to achieve client delivery
Taking responsibility for own learning and development, keeping up to date with pensions' regulatory developmentsWho are we looking for?

Experience in a technical or administration role in DB pensions or currently working in an actuarial team this could be part qualified or qualified by experience
Advanced Microsoft Excel
Pensions calculations
Experience with public sector pensions is an advantage
A practical, wide/deep knowledge of occupational DB pensions
Flexibility to work on different types of DB pensions projects, sometimes simultaneously
Ability to deliver to tight timescales
Clear communication with actuaries and non-actuaries
Meticulous attention to detail
Ability to work both independently and as part of a team
Experience of supporting and developing analysts through project work
Good team player, with excellent attitude and flexible approach to work
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