Actuarial Member Services – DB calculations Specialist – 29729

The Emerald Group; Greater London, Reigate; On-site; GBP 55,000 - 85,000; Full time

Job summary

The Emerald Group is seeking an actuarial professional to support our Defined Benefits operations in London/Reigate. The role centers on member option calculations, onboarding schemes to automated tools, and responding to queries from the Operations team.

We welcome part- or newly-qualified actuaries, or those with equivalent experience, and require DB pension experience. You will act as a DB SME, contributing to calculation accuracy and tool development.

Qualifications

• Defined benefit experience is essential.
• Experience in DB pensions consultancy or life insurer or equivalent.
• Actuarial calculations and member option tools knowledge.

Responsibilities

• Provide calculation support for DB member option calculations.
• Test and sign off onboarding of schemes onto automated tools.
• Act as SME for DB questions from Operations and scheme triage.
• Develop and refine features of member option calculation tools.

Skills

Actuarial knowledge

Defined Benefit

Education

Near-qualified Actuary or equivalent experience

Job description

This actuarial role is key to support the growth and development of the DB area and primarily their member experience activities.

• Location: London/Reigate
• Category: Defined Benefits
• Type: Permanent

Key Duties (Including but not limited to):

• Provide calculation support for standard and non-standard member option calculations which require actuarial referral
• Test and sign off the onboarding of new schemes onto our automated member option tools
• Act as an actuarial defined benefit subject matter expert to assist with queries from the wider Operations function and with new scheme triage
• Development and refinement of features of our member option calculation tools
• Part/newly/nearly qualified Actuary or not qualified/taking exams but has the required equivalent experience.
• Experience gained in within an actuarial team in a DB Pensions consultancy, Life insurer or equivalent
• Experience in the bulk annuity market or within a pensions consultancy.
• Defined benefit experience is essential.