Actuarial Calculations Analyst - DB (Defined Benefits)

JR United Kingdom; London; Remote; GBP 50,000 - 70,000; Full time

Job summary

A leading company is seeking an Actuarial Calculations Analyst specializing in Defined Benefits to join their team on a contract basis. Strong experience in actuarial calculations and defined benefit schemes is essential. This role offers a competitive salary and the opportunity to contribute to enhancing member experience.

Qualifications

• Experience in completing member options calculations.
• Support growth and development of the DB area and member experience.
• Provide calculation support for standard and non-standard member options.

Responsibilities

• Analyze new scheme benefit data and develop automated tools.
• Reduce manual calculations and enhance outputs.
• Ensure compliance with relevant regulations and market awareness.

Skills

Solid actuarial experience

Defined Benefit experience

Manual calculations

Strong IT skills, particularly Excel

Knowledge of technical actuarial concepts

Awareness of DB buy-in/buy-out market

Job description

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Actuarial Calculations Analyst - DB (Defined Benefits), London

Client: Proactive.IT Appointments Ltd.

Location: London, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views: 4

Posted: 27.06.2025

Expiry Date: 11.08.2025

Job Description:

Actuarial Calculations Analyst - DB (Defined Benefits)

Job Type - Contract

Location - Remote

Rate - Market rates + Inside IR35

Duration - 6 months

Our client is looking for an Actuarial Calculations Analyst with Defined Benefits experience. The assignment is initially scoped for 3 - 6 months with potential for extension. The role is deemed Inside IR35.

Skills & experience

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