DB Pricing Actuary

Date Posted: 26/06/2025

Location: London

Job Type: Full time

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Pricing Actuary

London- hybrid

Full time - 35 hours

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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

We are recruiting a DB Pricing Actuary to join our DB (Defined Benefit) Pricing team. The role will involve supporting the DB team in their objectives to deliver a market leading Bulk Annuity service and grow in line with our business plan.

Job Role Accountabilities

Be a key member of the DB Pricing team, responsible for reviewing and delivering new business quotations in an accurate and timely manner.
Mange projects and project teams, proactively driving them forward to ensure they are progressed in line with expected timescales.
Develop a deep technical and operational knowledge of all systems and tools used in DB. Continuously look for areas where we can improve – our people have a proactive approach to integrating technology into daily tasks and processes in order to drive innovation and efficiency.
Be curious, proactive and open to new ideas - applicants should demonstrate a track record of adapting to change, embracing technology, learning from experience, and showing resilience in the face of obstacles.
Proactively promote a culture of collaboration and engagement within the DB Pricing team, set an example for junior team members and help with coaching/training of the team.
Work closely and collaborate with our DB Reinsurance and Commercial teams in order to ensure effective delivery of competitive, market leading propositions.

Skills and Knowledge

Good knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.
Strong numeracy skills
Sound knowledge of technical actuarial concepts, particularly principles underlying bulk annuity pricing
Strong analytical and problem solving skills
Strong IT skills including Excel and programming languages, and a keen attitude to learn where these skills don’t exist
Good interpersonal and team working skills
Ability to work without close supervision

Experience

Experience of working within a related field (pensions, insurance, finance) is desirable.
Coding experience is desirable, for example Julia, Python and/or VBA.

Qualifications

2.1 or above in a technical/mathematical degree is desirable
FIA qualification or equivalent.

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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