Pension Actuarial Analyst

TN United Kingdom; City of Edinburgh; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is expanding its actuarial consulting and analyst teams in Edinburgh. This role offers a unique opportunity to work within a supportive environment, assisting a diverse portfolio of clients. You will be integral in preparing valuations, supervising disclosures, and providing leadership to actuarial analysts. With a focus on career progression and flexible working arrangements, this position is ideal for those with a strong mathematical background and actuarial experience. Join a collaborative team that values your contributions and supports your professional growth.

Benefits

25 days holiday plus bank holidays

Defined contribution pension scheme

Life insurance (4x basic salary)

Income protection

Health cash plan or private medical insurance

Volunteering days

Employee stock purchase plans

Gym discounts

Season ticket loans

Shopping vouchers

Qualifications

• A good numerical or mathematics-based degree is essential.
• Progress in actuarial exams, typically having completed CT exams and CA1.

Responsibilities

• Prepare valuations and cost estimates for clients.
• Supervise accounting disclosures and verify actuarial work.
• Assist scheme consultants with pension scheme consultancy.

Skills

Actuarial qualifications

Numerical skills

Mathematics

Client management

Education

Numerical or mathematics-based degree

Progress in actuarial exams (CT exams and CA1)

Job description

Overview

Following a period of sustained growth and success, and a host of award wins (including the one mentioned), we are expanding our actuarial consulting and analyst teams in our London, Manchester, Edinburgh, and Ipswich offices. If you have actuarial qualifications and experience in the UK Defined Benefit/Final Salary Pension sector, we invite you to learn about the great opportunities we offer, including a supportive, collaborative culture, genuine career progression, varied work, and diverse clients.

We will support you in obtaining a fully-qualified Actuary status (though this is not mandatory if you prefer not to pursue further exams), and can provide guidance and tools to help you obtain a Scheme Actuary certificate, take on client responsibilities, and act as a client manager. We are flexible regarding working arrangements, including part-time and flexible hours, and will accommodate these requests.

How you'll make an impact

In this role, you will work within an established team of qualified and part-qualified actuaries, serving as an actuarial and consulting assistant for a portfolio of clients. Your responsibilities will include:

1. Preparing valuations and cost estimates
2. Supervising accounting disclosures (FRS17, IAS19, USGAAP)
3. Coordinating data collection, including editing and testing received data
4. Undertaking and verifying all actuarial work related to pension schemes
5. Preparing client letters, reports, and materials
6. Checking calculations as needed
7. Participating in internal projects and handling special assignments
8. Assisting scheme consultants with pension scheme consultancy, including attending client/trustee meetings
9. Providing leadership, feedback, and training to actuarial analysts

About You

Ideal candidates will have:

• A good numerical or mathematics-based degree
• Progress in actuarial exams, typically having completed CT exams and CA1
• Significant experience in the pensions actuarial environment

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Compensation and Benefits

Along with a competitive salary, we offer a range of benefits, including:

• Minimum of 25 days holiday plus bank holidays, with options to purchase extra days
• Defined contribution pension scheme with employer contributions
• Life insurance (4x basic salary, up to 10x available)
• Income protection (up to 50% of income, with top-up options)
• Health cash plan or private medical insurance
• Additional benefits such as volunteering days, employee stock purchase plans, share incentive plans, critical illness cover, gym discounts, season ticket loans, shopping vouchers, family care, and more.