Actuarial Calculations Analyst - Defined Benefits

Contract Actuarial Calculations Analyst - Defined Benefits

Our client is looking for an Actuarial Calculations Analyst with Defined Benefits experience. The assignment has been initially scoped for 3 - 6 months with potential to extend beyond long term thereafter. The role has been deemed Inside IR35.

Fully remote working

Inside IR35

Market rates

Skills & experience

• Solid Actuarial experience
• Defined Benefit experience
• Calculations
• Experience of completing member options calculations.
• Able to provide calculation support for standard and non-standard member option calculations
• Analyse new scheme benefit data and enable automated tool (to run and maximise outputs in order to remove manual calculations support).
• Strong IT skills, particularly Excel
• Knowledge of technical actuarial concepts, specifically principles underlying bulk annuity pricing
• Awareness of DB buy in/buy out market, life insurance/relevant regulation.
• Any experience of GMP would be a distinct advantage
• Support Head of True up, DB Actuary and DB Senior Actuarial Analyst in accurate and timely delivery of data true ups.
• Carry out all necessary BAU work for in force business which includes scheme valuations.
• Prepare individual member calculations and ensure they are delivered in a timely and accurate manner.

Due to the volume of applications received for positions, it will not be possible to respond to all applications and only applicants who are considered suitable for interview will be contacted.

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