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Actuarial Assistant

2 months ago

Greater Guildford Area, United Kingdom IDEX Consulting Ltd Full time

Job Summary

IDEX Consulting Ltd is seeking an experienced Actuarial Assistant to join our team in a specialist role focused on insurance pricing in pensions. As an Actuarial Assistant, you will be responsible for carrying out cashflow valuations of funds, preparing data and actuarial bases, and producing complex actuarial models and calculations.


Key Responsibilities

  • Carry out cashflow valuations of funds considering buyout/buy-in insurance contracts
  • Prepare data and actuarial bases using in-house standard approaches and software
  • Produce complex actuarial models and calculations, including individual benefit and transfer value calculations
  • Develop a basic understanding of relevant technical issues, including scheme documentation, regulatory frameworks, and technical advice
  • Report to the team leader on tight deadlines and/or budgets
  • Prioritize and plan personal workflow


Requirements

  • Previous experience in pensions valuations is required
  • Strong IT skills, expertise in MS Excel is essential
  • Good analytical skills and ability to work through tasks in a logical manner
  • A keen interest in actuarial concepts
  • A high level of numeracy
  • Ability to work well under time pressure and communicate findings with clarity
  • An inquisitive and analytical mind
  • Outstanding accuracy and attention to detail
  • Excellent written and verbal communication
  • Highly organized with the ability to prioritize effectively
  • Broad understanding of how the UK pensions schemes operate, with an understanding of the UK Pensions Act and ability to interpret rules