This role will bring many opportunities to develop your career, there will be potential future opportunities to own and run strands of work within the team, people manage, become a technical systems expert and contribute to team learning and development.
* Location: Edinburgh/Glasgow/London
* Category: Life Actuarial
* Type: Permanent
Key duties (including, but not limited to):
* Perform all necessary data processing, including validation and manipulation at a scheme level. This will involve occasional coding work using their in-house data manipulation system
* Calculating and checking individual member liabilities
* Review scheme information, i.e. benefit summary, benefit changes and discuss anomalies with client teams
* Use Firm’s bespoke valuation systems to perform actuarial valuations. Performing individual and scheme level checks on the output
* Work with the other members of the technical team and people in the wider business on ad-hoc projects to improve efficiency and develop processes
* Carrying out self checks on all of your work
* Take responsibility for maintaining knowledge on relevant industry changes which impact on day to day work
* Educated to at least a Scottish Higher Grade / A level or equivalent in Math
* Support for those sitting the IFoA examinations is available for those who wish to continue sitting these exams
* An understanding of the legislative framework and structure of defined benefit pension schemes
* Proven defined benefit actuarial experience. This role would also be an option for actuarial students who might be looking to move away from a consultancy role and focus on more technical aspects
* Good/advance knowledge of Microsoft Excel
* An understanding of the legislative framework and structure of defined benefit pension schemes, commensurate with the level of experience in pensions actuarial work
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