Senior Pricing Actuarial Analyst

Just Group plc; Greater London; Hybrid; GBP 70,000 - 100,000; Full time

Job summary

Just Group plc is seeking a Senior Pricing Actuarial Analyst to support the Defined Benefit (DB) Business Plan through pricing and actuarial input. This role involves timely delivery of business quotations and developing a deep understanding of pricing systems. The ideal candidate will possess strong analytical skills, progress towards FIA qualification, and experience in pensions or investment consultancy.

Benefits

Competitive Salary

Pension Scheme

Life Assurance

25 Days Annual Leave

Additional Birthday Leave

Private Medical Cover

Income Protection

Generous Bonus Scheme

Career Progression Opportunities

Access to Headspace App

Qualifications

• Working towards FIA qualification desirably.
• Coding experience (e.g., Julia, Python, VBA) is appreciated.
• Good experience in pensions or investment consultancy or life insurance.

Responsibilities

• Support DB Pricing Actuary with new business quotations.
• Run pricing models to calculate premiums and metrics.
• Drive projects to ensure progress as expected.

Skills

Analytical skills

Problem solving

IT skills, particularly Excel

Interpersonal skills

Communication skills

Ability to work without supervision

Knowledge of actuarial concepts

Knowledge of DB buy in/buy out market

Education

Working towards FIA qualification

Tools

Coding experience (e.g., Julia, Python, VBA)

Job description

Join to apply for the Senior Pricing Actuarial Analyst role at Just Group plc

1 week ago Be among the first 25 applicants

Join to apply for the Senior Pricing Actuarial Analyst role at Just Group plc

Direct message the job poster from Just Group plc

Leading recruitment across Just Group's Capital Management, Investments and Defined Benefit Pensions Teams

Location: London – Hybrid working – 50% office-based

Full Time – 35 hours

_____________________________________________________

Who are Just?

We’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly. With the defined benefit buy in / buy out space growing each year, Just continues to annually grow its business by over £4bn of assets.

We are a purpose driven company with compelling and credible goals. Quite simply, we help people achieve a better later life. We achieve this by providing competitive and innovative products, services, financial advice and guidance to help our customers achieve security, certainty and provide them with peace of mind in retirement.

That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry. Because we believe everyone deserves a fair, secure, and fulfilling retirement.

Purpose

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

Job Role Accountabilities

• Support DB Pricing Actuary 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.
• Check drafts of internal sign off documentation produced by DB Actuarial Analysts for each quotation, ensuring results are presented to the DB Pricing Actuary in a clear manner, outlining all material areas of judgement and limitations.
• Check initial drafts of quotation documents to be issued externally.
• For quotes that are outsourced, work with DB Actuarial Analyst and DB Pricing Actuary to transition scheme to outsourcer and produce final deliverables for the quotation.
• Proactively drive projects forward to ensure they are progressed in line with expected timescales.
• Develop a deep 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.
• Assist in development of junior team members.
• Proactively work to promote a culture of collaboration and engagement within the DB Pricing team

Qualifications

• Working towards FIA qualification and making good progress with the actuarial exams is desirable, but we are also interested in someone who has ceased working towards an actuarial qualification.

Skills and Knowledge

• Strong analytical and problem solving skills
• Strong IT skills, particularly Excel
• Good interpersonal and team working skills
• Excellent verbal and written communication skills, with the ability to present complex financial concepts in a clear and concise manner
• Ability to work without close supervision
• Sound knowledge of technical actuarial concepts, particularly principles underlying bulk annuity pricing
• Good knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.

Experience

• Good experience of working within a pensions or investment consultancy, life insurer or reinsurer.
• Coding experience is desirable, for example Julia, Python and/or VBA.

Company Benefits

• A Competitive Salary, Pension Scheme and Life Assurance
• Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
• Private Medical Cover and Income Protection, just in case
• A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets
• Opportunity to progress within your career both in-role and within the company
• FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
• A variety of Employee Funded Benefits available to you via our Online Benefits Portal
• Plus, several additional purchase options available for you and your loved ones

Why Just?

We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050 and our scope 1 and 2 emissions to Net Zero by 2025. We’ve made good progress so far and encourage our people to make small and meaningful changes in their everyday lives, so that we can protect our planet for future generations.

Diversity, Equity and inclusion (DE&I) is a key priority for Just as part of our overall strategy and ensuring all of our people feel proud to work at Just. We have joined a number of initiatives including the Race at Work Charter, designed to improve outcomes for employees from underrepresented backgrounds. We also run a Reciprocal Mentoring scheme for employees from a BAME background, those with a disability and those who identify as LGBTQ+. There are multiple employee network groups, which champion issues including race, gender, social mobility and neurodiversity.

What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly - each other.

At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Project Management

• Industries

  Financial Services, Pension Funds, and Insurance and Employee Benefit Funds

Referrals increase your chances of interviewing at Just Group plc by 2x

Get notified about new Actuarial Analyst jobs in Greater London, England, United Kingdom.

London, England, United Kingdom 1 month ago

London, England, United Kingdom 1 month ago

Calling all Pricing Actuaries looking to move to Bermuda

London, England, United Kingdom 3 days ago

London, England, United Kingdom 2 months ago

London, England, United Kingdom 1 month ago

Greater London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 2 weeks ago

Greater London, England, United Kingdom 2 weeks ago

London, England, United Kingdom 1 day ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 21 hours ago

London, England, United Kingdom 3 weeks ago

London, England, United Kingdom 1 week ago

City Of London, England, United Kingdom 3 days ago

London, England, United Kingdom 2 months ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 day ago

London, England, United Kingdom 2 weeks ago

Actuary Band 2 - 3 (Fixed Term Contract)

London, England, United Kingdom 2 weeks ago

Pricing Actuary - (Specialty Lines, Lloyd's Syndicate)

London, England, United Kingdom 1 day ago

London, England, United Kingdom 3 days ago

London, England, United Kingdom 1 week ago

London, England, United Kingdom 1 day ago

London, England, United Kingdom 1 month ago

London, England, United Kingdom 16 hours ago

London, England, United Kingdom 1 day ago

London, England, United Kingdom 1 week ago

City Of London, England, United Kingdom £70,000.00-£100,000.00 2 weeks ago

London, England, United Kingdom 3 weeks ago

London, England, United Kingdom 1 week ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.