Senior Model Development Actuary

London - Hybrid (minimum 50% office based)

About the role

We have an exciting opportunity for a Senior Model Development Actuary to join our Retail Actuarial & Reinsurance (RAR) team, to support on a major transformation focused on our pricing system and actuarial models for our Retail products

This is a great opportunity to work with Python and software engineering and grow your knowledge and experience, but also for someone to shape, build and assist in the deployment of a longer term and data led build, which supports the ambitious growth plans for our Retail business

Key Responsibilities

• Support the development and maintenance of pricing systems and models in Retail Actuarial, including the development of systems to make them more efficient, automated and robust
• Identify and specify pricing system developments needed to support all Retail products and improve the operational efficiency and capability of the team.
• Ensure pricing models are tested and documented fully and comply with the Group Model Risk policy
• Contribute to the maintenance of coding standards for Retail models, in line with any Group standards, and develop code in-line with these standards
• Collaborate with the Engineering and Architecture teams to ensure the interoperability of the pricing models within the wider Retail systems architecture
• Act as a senior member of the Retail Model Development team, reviewing the work of more junior members and providing feedback when required
• Collaborate closely with the wider RAR and engineering teams, to gather requirements and specifications for platform and tool development, testing, and validation

Skills and Experience

• Part qualified or qualified FIA, FFA or equivalent.
• Degree in a mathematical subject, or computer science or equivalent
• Significant experience gained in the life insurance industry, with a focus on actuarial modelling
• Significant experience building models in Python, utilising Git
• Excellent IT skills, particularly in Excel and Python programming
• Excellent attention to detail with a curiosity and drive to understand complex systems
• Experience with IT development processes and delivery lifecycles; development methodology; release strategy and configuration management; development tools, and applications across full project lifecycles
• Experience with DevOps tools and practices including CI/CD pipelines, version control and test automation (desirable but not essential)
• Experience developing in alignment with core non-functional requirements inc. performance, security, maintainability, and observability (desirable but not essential)

Company Benefits

• A Competitive Salary, Pension Scheme and Life Assurance
• Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
• Private Medical Cover and Income Protection, just in case
• A generous and highly achievable bonus scheme - paid annually based on individual and company performance against targets
• Opportunity to progress within your career both in-role and within the company
• FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
• A variety of Employee Funded Benefits available to you via our Online Benefits Portal
• Plus, several additional purchase options available for you and your loved ones

Why Just?

At Just you'll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You'll be part of a company with a strong and distinctive culture - we're ambitious, curious and collaborative - and every decision we make centres around being Just and delivering the best outcomes for our customers.

We're committed to building a more sustainable business, and we're working hard to make progress against our Net Zero targets. We're reducing our reliance on fossil fuels in our offices, switching to more sustainable sources of energy and we're investing more of our money in green and social assets.

Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just. We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.