Actuarial/Pensions Analyst – Special Projects

Home Based

We are looking for someone with DB pensions experience to join our special projects team. You will either be currently working in an actuarial team or come from a technical or administration pensions background with experience of pensions calculations and advanced excel skills (vLookups/Macros).

We can offer full study support if you want to start/continue the actuarial exams and there are salary increments with exam passes

Who are we:

Capita Pensions Consulting are trusted as scheme actuary to over 200 pension schemes, our actuarial services include advice on pensions strategy and funding position, regular valuations, journey planning, de-risking, GMP equalisation and integrated risk management. We partner with our Trustees and are a team that have industry leading actuarial skills and bandwidth to help trustees tackle the core legal and regulatory responsibilities they must meet. Our team tailor sustainable and pragmatic solutions that enable our clients to mitigate risks and plan the future.

What can we offer you?

The team you will be joining tailor sustainable and pragmatic solutions that enable our clients to mitigate risks and plan for the future. You will be supported to learn and grow in a team of actuarial professionals. Your study for the actuarial exams will be supported financially, with study and exam leave and support for your colleagues and line manager.

Job title:

Actuarial/Pensions Analyst – Special Projects

Job Description:

What will you be doing:

Taking a significant role on a wide range of DB pensions projects for occupational DB pension clients, public sector DB pension clients and bulk annuity providers and may include any/all of the below plus other project types as they arise:Benefits and data due diligenceBenefit calculation auditsData validation and improvement/creation projectsCalculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)Benefit summary specification creation or reviewAttending client meetings or callsActing as the client’s primary point of contact on some projectsDocumenting issues/results with clear communication style by email and phoneProducing/reviewing consulting reports on projects, as required

Work includes:

Benefit calculation auditsData validation/audits and improvement/creation projects Benefits and data due diligenceBenefit correction/rectification exercisesBenefit calculation proforma for administration teams to use on smaller clientsCalculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)Benefit summary specification creation or reviewDocumenting issues/results with clear communication style by email and phoneLiaising with internal contacts across the wider pensions businessDrafting consulting reports on projects, as requiredKey Duties/Responsibilities:Supervising and checking work of junior team members, providing timely feedback and development support as appropriateWorking directly with actuaries within the special projects team and, if required, more widely within the actuarial departmentEnsuring a robust audit trail is produced for all work activitiesLiaising with administration onboarding teams and/or live administration teams to resolve identified issues in a pragmatic yet technically accurate waySupporting the management of the team’s workflow to achieve client deliveryTaking responsibility for own learning and development, keeping up to date with pensions’ regulatory developments

Who are we looking for?

Experience in a technical or administration role in DB pensions or currently working in an actuarial team this could be part qualified or qualified by experienceAdvanced Microsoft ExcelPensions calculationsExperience with public sector pensions is an advantageA practical, wide/deep knowledge of occupational DB pensionsFlexibility to work on different types of DB pensions projects, sometimes simultaneouslyAbility to deliver to tight timescalesClear communication with actuaries and non-actuariesMeticulous attention to detailAbility to work both independently and as part of a teamExperience of supporting and developing analysts through project workGood team player, with excellent attitude and flexible approach to work

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 2024 and beyond and in support of that we are seeking applications for two very important roles.

What’s in it for you?

 23 days’ holiday (rising to 27) with the opportunity to buy extra leaveCompany matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks…and plenty moreVoluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technologyThe opportunity to take a paid day out of the office, volunteering for our charity partners or a cause of your choiceAccess 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 reasonableadjustments@capita.com 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.  

Location:

Home-Based - GBR

,

United Kingdom

Time Type:

Full time

Contract Type:

Permanent