Purpose

In this Role you will:

• Provide calculation support for standard and non-standard member option calculations
• Analyse and upload new scheme benefit data to enable automated tool to run to maximise outputs and remove manual calculations Support 
• Assist Head of True up and DB Actuary in accurate and timely delivery of data true ups.
• 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 True up 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
   

Qualifications

• Obtained or working towards the FIA qualification and making good progress with the actuarial exams; or
• 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
• Experience of working within a pensions or investment consultancy, life insurer or reinsurer.