Actuarial Calculations Analyst - DB (Defined Benefits)

JR United Kingdom; City Of London; Remote; GBP 40,000 - 70,000; Full time

Job summary

A leading client in the actuarial field seeks an Actuarial Calculations Analyst specializing in Defined Benefits for a remote contract role in London. The successful candidate will work to enhance member options and support the growth of the DB area while utilizing their strong actuarial and IT skills. A short-term contract of 6 months offers competitive market rates under IR35 regulations.

Qualifications

• Solid actuarial experience required.
• Experience with Defined Benefit calculations necessary.
• Strong IT skills including Excel are crucial.

Responsibilities

• Provide calculation support for standard/non-standard member options.
• Analyze scheme benefit data to optimize outputs.
• Enhance member experience in the DB area.

Skills

Actuarial experience

Defined Benefit experience

Manual calculations

Supports DB growth and member experience

Analysis of scheme benefit data

Strong IT skills, especially Excel

Knowledge of actuarial principles

Pensions, investment consultancy experience

Job description

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Actuarial Calculations Analyst - DB (Defined Benefits), London (City of London)

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Client:

Proactive.IT Appointments Ltd.

Location:

London (City of London), United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Views:

4

Posted:

27.06.2025

Expiry Date:

11.08.2025

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Job Description:

Actuarial Calculations Analyst - DB (Defined Benefits)

Job Type - Contract

Location - Remote

Rate - Market rates + Inside IR35

Duration - 6 months

Our client is seeking an Actuarial Calculations Analyst with experience in Defined Benefits. The initial scope of the assignment is 3 to 6 months, with potential for extension. The role is classified as Inside IR35.

Skills & experience

• Solid actuarial experience
• Defined Benefit experience
• Manual calculations
• Experience in completing member options calculations
• Support the growth and development of the DB area and enhance member experience
• Ability to provide calculation support for both standard and non-standard member options
• Analyze new scheme benefit data and enable automated tools to maximize outputs and reduce manual calculations
• Strong IT skills, especially Excel
• Knowledge of technical actuarial concepts, including principles underlying bulk annuity pricing
• Awareness of the DB buy-in/buy-out market, life insurance, and relevant regulation
• Experience in pensions, investment consultancy, life insurance, or reinsurance