DB Pricing Actuary

To support Just’s ambitious growth plans, 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.

• Be a key member of the DB Pricing team and ensure that new business quotations are delivered in an accurate and timely manner.
• Manage projects and project teams, proactively driving them forward to ensure they are progressed in line with expected timescales.
• Have an area of specialism within the team or be a subject matter expert and share that expertise by providing insights, supporting decision making and enhancing processes and accuracy.
• 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.
• Provide support in ad hoc tasks such as data analysis, proposition developments, systems testing and process improvements. Take the lead on these and seek out opportunities to contribute to the wider DB team and the Group.
• 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.
• Develop strong technical skills, for example by learning new coding languages, in order to support the development of models, tools and processes in the team. 
• 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.
• Be self-reliant and proactive with solving problems when faced with a challenge by using available resources, knowledge bases or internal documentation and knowing when it is appropriate to ask for help or leverage the strengths of your teammates.
• Conduct line management responsibilities where necessary.

• Have responsibility for leading our pricing processes – reviewing technical pricing and managing project teams to ensure that our bulk annuity quotations are completed to a high standard. Act as a peer reviewer for other project teams.
• Produce and review internal sign off documentation for each quotation, ensuring results are communicated to the DB Pricing Actuary in a clear manner, outlining all material areas of judgement and limitations. Present these to governance committees as necessary.
• Produce and review quotation documents to be issued externally, work with the DB Commercial team to insure that our propositions are market leading.
• Ensuring audit trails are maintained on every transaction and that our risk and control processes are adhered to.
• Assist with development and refinement of pricing models and process – through building, reviewing, testing and deploying updates.
• Work with other DB teams and business units on new propositional features, considering all technical and operational elements.