Pensions Actuarial Professional Insurance Analyst

3 weeks ago


Belfast, United Kingdom ENGINEERINGUK Full time

Job Summary:

This role involves pensions valuation experience, IT skills, expertise in MS Excel and actuarial concepts. We are looking for a highly skilled individual to join our team as an Actuarial Pension Specialist in the field of insurance pricing.

  • Cash flow valuations of funds considering buyout/buy-in insurance contracts are crucial to this role.
  • Data and actuarial bases preparation using in-house standard approaches and the use of in-house developed software are essential skills.
  • Producing complex actuarial models and calculations (Individual benefit and transfer value calculations) will be a key responsibility.
  • Developing a basic understanding of relevant technical issues, including scheme documentation, the supporting regulatory framework as well as TASs and Codes of Practice is required.

  • Previous experience in pensions valuations is necessary.
  • Strong IT skills, expertise in MS Excel is fundamental.
  • A keen interest in actuarial concepts is essential.
  • Broad understanding of how UK pensions schemes operate, with an understanding of the UK Pensions Act is required.

Salary and Benefits:

We offer a competitive salary of £55000 per annum, plus participation in our annual discretionary Bonus Scheme. Our benefits package includes 25 days holiday plus flexibility to buy or sell holiday, a pension scheme with matching contribution structure, healthcare cash plan, flexible Benefits Scheme to support you in and out of work, life Assurance cover four times basic salary, Employee Assistance Programme for you and your household, DBS Disclosure check, and satisfactory credit check.



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