Pensions/Actuarial Analyst

Pensions/Actuarial Analyst - Special Projects team
Home Based
We are looking for a Pensions/Actuarial Analyst to join the Special Projects team within the Consulting business of Capita Pensions Solutions.
The team provides excellence to clients in relation to varied pension projects both for ongoing pension schemes and those heading towards or in the process of buy in / out or wind up, mainly working on DB schemes but also on some DC schemes.
In this role you will enable clients to undertake transactions and derisking exercises by confirming the quality, consistency and reliability of pensions data and work on projects that include:
• Rectifying benefits where rules/legislation were not interpreted correctly
• Improving/correcting the automated retirement calculations for administration clients
• Undertaking pre-deal due diligence for bulk annuity providers
• Providing governance work for trustees including testing application of rules to benefits

Job title:

Pensions/Actuarial Analyst

Job Description:

Responsibilities:

• Working on a wide range of DB pensions projects for DB pensions clients and bulk annuity providers and may include any/all of the below plus other project types as they arise:
• Benefit correction/rectification exercises
• Benefit creation exercises, such as contingent spouse pensions
• Benefit calculation audits
• 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)
• Drafting consulting reports on projects

What are we looking for?

Essential

• Experience in a DB pensions consulting/technical environment
• Practical, wide/deep knowledge of occupational DB pensions
• Flexibility to work on different types of DB pensions projects
• 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
• Experienced user of Microsoft Excel

Desirable

• Making good progress with the Institute and Faculty of Actuaries exams (if have an actuarial background – option to start if not already progressing, not compulsory

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 . 

Location:

Home-Based - GBR

,

United Kingdom

Time Type:

Full time

Contract Type:

Permanent