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Actuarial Assistant
2 months ago
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 - Insurance Pricing Specialist, you will be responsible for carrying out cashflow valuations of funds, preparing data and actuarial bases, and producing complex actuarial models.
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
About IDEX Consulting Ltd
IDEX Consulting Ltd is a leading pension consulting firm with a great culture and work-life balance. We offer a market-leading financial and benefits package, clear progression plans, and opportunities in different teams. Our staff retention rate is excellent, and we are committed to future-proofing our employees' careers.