DB Senior Actuarial Analyst

Date Posted: 26/06/2025

Location: London

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.

Senior Pricing Actuarial Analyst

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

Full Time – 35 hours

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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 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?

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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