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DB Actuarial Analyst – Actuarial Member Services

Date Posted: 22/08/2025

Location: Reigate

Job Type: Full time

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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.

Who are Just?

We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing FTSE 250 company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.

This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.

Purpose

The purpose of this role is to complete member options calculations that require actuarial input and support actuarial testing of the member options tool.  In addition, the role is key to support the growth and development of the DB area and our member experience activities.

Key Responsibilities

  • Provide calculation support for standard and non-standard member option calculations that require actuarial input

  • Analyse, upload and test new scheme benefit data to enable member options tools to run correctly and efficiently

  • Support the monthly update of member options tools

  • Ongoing troubleshooting, developing solutions and supporting the development of member options tools  

  • Prepare/check internal sign off documentation for each quotation as required following agreed sign off process

  • Carry out all necessary BAU work for in force business which includes scheme valuations when required

  • Develop a deep knowledge of all systems and tools used by the Actuarial Member Services team.

  • Proactively drive projects forward to ensure they are progressed in line with expected timescales.

  • Actively assist in development of junior DB team members through training and knowledge sharing

Skills and Experience

  • Experience of working within a pensions or investment consultancy, life insurer or reinsurer or a graduate with a suitable degree.

  • 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.

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?

At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you.  You’ll be part of a company with a strong and distinctive culture - we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.

We’re committed to building a more sustainable business, and we’re working hard to make progress against our Net Zero targets. We're reducing our reliance on fossil fuels in our offices, switching to more sustainable sources of energy and we're investing more of our money in green and social assets.


Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just. We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.

Be Bold. Be Brilliant. Be Just.

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