Actuarial Specialist
4 weeks ago
We are seeking an experienced Actuarial Specialist to join our team at Universities Superannuation Scheme (USS). As an Actuarial Specialist, you will play a key role in supporting the Actuarial Manager to oversee and manage the technical and professional aspects of the work undertaken by the Funding Strategy Team.
Key Responsibilities- Support the Actuarial Manager to manage and oversee the technical and professional aspects of the work undertaken by the Funding Strategy Team.
- Develop the systems used by the team.
- Develop communication of technical issues.
- Develop professional responsibilities and compliance.
- Provide technical support for the actuarial input to the Scheme's valuation.
- Oversee the technical development of the regular reporting of the Financial Management Plan monitoring, including coordinating inputs in respect of covenant and investment.
- Provide technical support on the actuarial input to support the administration of the Scheme.
- Support the Actuarial Manager in providing technical actuarial support to USSIM.
- Support the Actuarial Manager in managing the relationship with Moody in relation to the valuation software (PFaroe).
- Contribute to managing the working relationship between the Funding Strategy Team and the Scheme Actuary's Team.
- Support the Actuarial Manager in developing actuarial materials for the executive and the Board.
We are looking for a qualified Fellow of the Faculty and Institute of Actuaries with experience of managing both technical and professional aspects of actuarial work. You will have good communication skills to facilitate understanding of the issues.
Why Join Us?At USS, every individual contributes to building a secure financial future for our members and their families. We strive to create a work environment where everyone can thrive professionally while making a meaningful impact on the lives of others.
We're committed to helping you build your career by providing opportunities for development. We put a focus on recognising and supporting each individual's unique career path, driving this forward with the support of an engaged and proactive management team.
Here at USS, we want you to thrive in and out of work with a friendly team, flexible culture, and excellent range of benefits
How We Will Reward You- Great starting salary
- Generous annual leave package
- Access to a high-quality pension scheme provided through Universities Superannuation Scheme
- Supportive people policies (including enhanced occupational sickness pay and family-friendly pay)
- Financial contributions towards your personal development to help you maintain your physical and mental wellbeing
- Access to a range of health and wellbeing services, private healthcare, discounted gym membership
- Learning and development opportunities to develop your skills, knowledge, and talent
- Employee Volunteer Day's to support the communities where you work and live
- Cycle to Work Scheme
Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people are welcomed and feel comfortable in the knowledge that they can be themselves. Our purpose firmly states the importance of members, putting them 'front and centre' of what we do. This is embedded through our values:
- Integrity
- Collaboration
- Excellence
Universities Superannuation Scheme (USS) was established in 1974 as the principal pension scheme for universities and higher education institutions in the UK.
We work with around 330 employers to help build a secure financial future for more than 528,000 members and their families. We are one of the largest pension schemes in the UK, with total assets of around £ (at 31 March 2023). To find out more, please visit
USSL is proud to be an equal opportunity employer. We strive to ensure our recruitment process is as flexible and inclusive as possible so we can attract diverse candidates and recruit the best talent.
We want all candidates to perform at their best during the recruitment process, so if you need any reasonable adjustments or if there is anything we can do to help support you through your recruitment journey, please let us know by contacting .
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