Actuarial/Pensions Analyst – Special Projects

Actuarial/Pensions Analyst – Special Projects
Home Based
We are looking for someone with DB pensions experience to join our special projects team. You will either be currently working in an actuarial team or come from a technical or administration pensions background with experience of pensions calculations and advanced excel skills (vLookups/Macros).
We can offer full study support if you want to start/continue the actuarial exams and there are salary increments with exam passes
Who are we:
Capita Pensions Consulting are trusted as scheme actuary to over 200 pension schemes, our actuarial services include advice on pensions strategy and funding position, regular valuations, journey planning, de-risking, GMP equalisation and integrated risk management. We partner with our Trustees and are a team that have industry leading actuarial skills and bandwidth to help trustees tackle the core legal and regulatory responsibilities they must meet. Our team tailor sustainable and pragmatic solutions that enable our clients to mitigate risks and plan the future.
What can we offer you?
The team you will be joining tailor sustainable and pragmatic solutions that enable our clients to mitigate risks and plan for the future. You will be supported to learn and grow in a team of actuarial professionals. Your study for the actuarial exams will be supported financially, with study and exam leave and support for your colleagues and line manager.

Job title:

Actuarial/Pensions Analyst – Special Projects

Job Description:

What will you be doing:

• Taking a significant role on a wide range of DB pensions projects for occupational DB pension clients, public sector DB pension clients and bulk annuity providers and may include any/all of the below plus other project types as they arise:
• Benefits and data due diligence
• Benefit calculation audits
• Data validation and improvement/creation projects
• 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
• Attending client meetings or calls
• Acting as the client’s primary point of contact on some projects
• Documenting issues/results with clear communication style by email and phone
• Producing/reviewing consulting reports on projects, as required

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:
• Supervising and checking work of junior team members, providing timely feedback and development support as appropriate
• Working directly with actuaries within the special projects team and, if required, more widely within the actuarial department
• Ensuring a robust audit trail is produced for all work activities
• Liaising with administration onboarding teams and/or live administration teams to resolve identified issues in a pragmatic yet technically accurate way
• 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?

• Experience in a technical or administration role in DB pensions or currently working in an actuarial team this could be part qualified or qualified by experience
• Advanced Microsoft Excel
• Pensions calculations
• Experience with public sector pensions is an advantage
• A practical, wide/deep knowledge of occupational DB pensions
• Flexibility to work on different types of DB pensions projects, sometimes simultaneously
• Ability to deliver to tight timescales
• Clear communication with actuaries and non-actuaries
• Meticulous attention to detail
• Ability to work both independently and as part of a team
• Experience of supporting and developing analysts through project work
• Good team player, with excellent attitude and flexible approach to work

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 2024 and beyond and in support of that we are seeking applications for two very important roles.

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.  

Location:

Home-Based - GBR

,

United Kingdom

Time Type:

Full time

Contract Type:

Permanent