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    DB Operational Development Actuarial Specialist - London, United Kingdom - Just Group plc

    Just Group plc
    Just Group plc London, United Kingdom

    1 week ago

    Default job background
    Full time
    Description
    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'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
    This is a key role in the innovation and development of our actuarial services that focus on our member and operational services. The opportunity this role presents is one which combines the rigour of an actuarial approach and skill set to build an efficient, progressive and ambitious member operational service provision.
    This role provides opportunities to shape, build and assist in the deployment of longer term strategic and tactical actuarial and data led builds to support the growth ambitions of the DB Operational Service Area's.

    Job Role Accountabilities
    • Manage the actuarial testing and sign-off for new schemes loaded to automation
    • Data Quality and Governance: Maintain data quality and integrity throughout the calculation process, follow data governance standards and procedures, escalate and resolve data issues and risks, liaise with internal and external parties to ensure data accuracy.
    • Process Improvement and Innovation: Improve and innovate the calculation process, enhance efficiency, quality and customer experience, support the automation tool and other systems and tools, provide feedback and suggestions, test and validate new or updated calculation functionality and methodologies.
    • Provide direction for standard and non-standard member option calculations
    • Prepare/check internal sign off documentation for each quotation as required following agreed sign off process
    • Provide checking support for manual member option calculations
    • Develop a deep knowledge of all systems and tools used our actuarial and operational teams.
    • 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 FIA qualification
    Skills and Knowledge
    • Strong analytical and problem solving skills
    • Strong IT skills, particularly Excel
    • Good interpersonal, team working and leadership skills
    • Excellent verbal, and written communication, with the ability to present complex financial concepts in a clear and concise manner
    • Ability to work without supervision
    • Strong technical skills, deep technical knowledge of actuarial concepts particularly those underlying bulk annuity pricing.
    • Strong knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.
    Experience
    • Good experience of working within a pension consultancy or life insurance company
    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.

    About Us

    We're a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly.

    How people work, save, and plan for the future is all changing. A new generation of retirees needs a new kind of retirement company. A company who will look for new ways of doing things - and will always put the customer first.

    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. And with you on our team, we're going to make sure they get it.

    We've built our sustainability strategy around the United Nations Sustainable Development Goals (SDG) and have selected goals where we believe we can make the most difference. By aligning our activity with these global goals, we can make sure we play our part in addressing the wider issues facing the planet and leave a positive legacy to the world. You can read more about our sustainability strategy here.

    Diversity, equity and inclusion are priorities for us. Having a diverse, talented workforce with colleagues of different backgrounds, world views and experiences is the right thing to do. It's also the most effective way to succeed, innovate and better serve our customers now and in the future. We are committed to our targets on gender and ethnicity and run a number of successful mentoring and sponsorship programmes for our colleagues from diverse backgrounds. We have multiple active employee network groups which champion issues including gender, ethnicity, sexual orientation, disability and neurodiversity. You can read more about our DE&I strategy and commitments here.

    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. We look forward to welcoming you to the team soon.
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