Actuarial Analyst

Actuarial Analyst

Location: Home-Based

Are you passionate about pensions and looking to advance your career in a dynamic and supportive team? We're seeking a skilled Actuarial Analyst with Defined Benefit (DB) pensions experience to join a growing team within one of the largest Pension Consultancies in the UK.

What You'll Be Doing

You'll work on diverse DB pension projects, supporting clients and bulk annuity providers. Your responsibilities will include:

• Auditing and Validation: Conduct benefit calculation audits and validate or improve data accuracy.
• Benefit Management: Undertake benefit correction exercises and prepare calculation proformas for smaller clients.
• Automation Testing: Test automated calculations and identify areas for improvement using your pensions expertise.
• Documentation and Reporting: Create benefit summary specifications, draft consulting reports, and clearly document issues and results.
• Collaboration: Liaise with administration teams and internal colleagues to deliver seamless, pragmatic solutions.

Key Responsibilities

• Collaborate with actuaries, consultants, and administration teams to address client challenges.
• Maintain an audit trail for all activities and ensure accuracy in your work.
• Stay updated on pensions regulatory developments and support team workflow management.
• Contribute to consulting reports and ensure clear, professional communication with stakeholders.

What We Offer

Join a firm committed to your growth and development. You'll benefit from:

• Comprehensive Study Support: Financial backing and dedicated study leave for actuarial exams, with salary increments for exam progress.
• Professional Development: Mentorship and training from experienced actuarial professionals.
• Flexible Benefits:
  • 23 days' holiday (increasing to 27) with the option to buy extra leave.
  • Company-matched pension scheme.
  • Life assurance and voluntary benefits tailored to your lifestyle.
  • Generous family leave policies, including 15 weeks fully paid maternity, adoption, and shared parental leave.
• Wellbeing & Inclusion: Paid volunteering days, access to Employee Network Groups, and diverse benefits to support your health and lifestyle.

Who We're Looking For

• Experienced in DB pensions, with ideally some knowledge of GMP.
• Skilled in Excel (vlookups and macros are a must).
• A member of the Institute and Faculty of Actuaries, working towards qualification or looking to begin actuarial exams.
• Team players with a proactive, flexible approach to work.
• Experienced with PFaroe actuarial software (preferred but not essential).

Please quote 51097 when calling Sarah at Alexander Lloyd or email them at . This is only one of many vacancies we are handling, Alexander Lloyd is a specialist within Financial Services recruitment. Areas of expertise include Employee Benefits, Compliance, Pensions, Group Risk, Paraplanners, Sales Support, T&C etc.

Due to the high amount of interest that we receive for each of our roles unfortunately we cannot respond to each application individually, therefore if you do not hear back from one of our consultants you have not been shortlisted for this role. Please continue to check our website www.alexanderlloyd.co.uk for any other roles which may be of interest.