Actuarial Analyst

at  Just Group

QUALIFICATIONS

• Degree in a maths related subject is desirable
• Working towards FIA qualification

SKILLS AND KNOWLEDGE:

• Strong numeracy skills
• Good IT skills, particularly Excel and programming
• Strong analytical and problem solving skills
• Good interpersonal and team working skills
• Strong communication skills
• Understanding of actuarial principles and techniques
• Familiarity with DB pension scheme benefits and regulation is desirable
• Familiarity with life insurance principles and regulation is desirable

EXPERIENCE

Experience of working within a pension consultancy or life insurance company is desirable but not essential

PURPOSE

The purpose of this role is to undertake pricing and actuarial input required to support delivery of the DB Business Plan. This will include all aspects of BAU delivery and other ad hoc requirements.

JOB ROLE:

• Support senior DB pricing team members in accurate and timely delivery of new business quotations.
• Populate and run pricing models to calculate premiums, including manipulation of data, assumption setting and calculation of all associated pricing metrics in line with the agreed pricing basis and governance processes in place.
• Produce initial draft of internal sign off documentation required for each quotation.
• Produce initial draft of quotation documents to be issued externally
• Develop sound knowledge of all systems and tools used in DB pricing.
• Provide support in ad hoc tasks such as data analysis, proposition developments, systems testing and process improvements.
• Proactively work to promote a culture of collaboration and engagement within the DB Pricing team