Actuarial Analyst GMP

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Job Description:

Work includes:

• Benefit calculation audits
• Data validation/audits and improvement/creation projects 
• Benefits and data due diligence
• Benefit correction/rectification exercises
• Benefit calculation proforma for administration teams to use on smaller clients
• Calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
• Benefit summary specification creation or review
• Documenting issues/results with clear communication style by email and phone
• Liaising with internal contacts across the wider pensions business
• Drafting consulting reports on projects, as required

Key Duties/Responsibilities:

• Working directly with actuaries and consultants within the team and, if required, more widely within the actuarial department
• Liaising with administration teams to resolve identified issues in a pragmatic yet technically accurate way
• Providing an audit trail on all work activities
• Supporting the management of the team’s workflow to achieve client delivery
• Taking responsibility for own learning and development, keeping up to date with pensions’ regulatory developments  

Who are we looking for?

• Currently working in a pensions actuarial team or someone with DB pensions experience looking to move into an actuarial career that has worked on DB pensions calculations, has strong excel and ideally worked on pensions projects.
• Excel skills – vlookups and macros
• Good team player, with excellent attitude and flexible approach to work
• Experience in using PFaroe actuarial software (preferable)

About Capita Pension Solutions

At Capita Pension Solutions (CPS) we continue to grow and evolve our Strategy & Product function.  We are at another exciting point in that evolution, defining and executing CPS’s strategic goals as well as developing the next generation of market leading Products and Services.  We have ambitious objectives and plans for 2026 and beyond.

What’s in it for you?

•  23 days’ holiday (rising to 27) with the opportunity to buy extra leave
• Company matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks…and plenty more
• Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology
• The opportunity to take a paid day out of the office, volunteering for our charity partners or a cause of your choice
• Access to our Employee Network Groups, which represent every strand of diversity and allow colleagues to connect and learn from each other on an open, inclusive platform

What we hope you’ll do next:

Choose ‘Apply now’ to fill out our short application, so that we can find out more about you.

We’re an equal opportunity and Disability Confident employer, which means we recruit and develop people based on their merit and passion. We’re committed to providing an inclusive, barrier-free recruitment process and working environment for everyone. If you need the job description or application form in an alternative format (such as large print or audio), or if you’d like to discuss other changes or support you might need going forward, please email Iqbal at [email protected] or call 07784 237318 and we’ll get back to you. For more information about equal opportunities and process adjustments, please visit the Capita Careers website.

As part of our commitment to building an inclusive and diverse workforce, we would particularly welcome applications from people who are from Black, Asian and other ethnic minority backgrounds  

Access to Work can help candidates with a physical or mental health condition or disability to get support in the hiring process, including communication support at interviews such as a British Sign Language interpreter. If you require this support you can apply for this support at https://www.gov.uk/guidance/apply-for-communication-support-at-a-job-interview-if-you-have-a-disability-or-health-condition-access-to-work . 

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