
Actuarial Professional
3 weeks ago
Universities Superannuation Scheme (USS) is a leading pension scheme for universities and higher education institutions in the UK. With over 528,000 members and assets of £70 billion, USS works with around 330 employers to build a secure financial future for its members and their families.
About the Role:
The Actuarial Specialist will play a critical role in supporting the Actuarial Manager to oversee and manage the technical and professional requirements of the Funding Strategy team. This includes ensuring the accuracy and compliance of work produced with actuarial standards. The successful candidate will provide technical actuarial support to various teams, including USSIM, and contribute to developing stochastic models to consider asset liability risk and benefit structures.
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 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 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
Required Skills and Qualifications:
* A qualified Fellow of the Faculty and Institute of Actuaries
* Experience of managing both technical and professional aspects of actuarial work with good communication skills to facilitate understanding of issues
Benefits:
* Great starting salary: £80,000 - £100,000 per annum
* 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 personal development to help maintain physical and mental wellbeing
* Access to a range of health and wellbeing services, private healthcare, discounted gym membership
* Learning and development opportunities to develop skills, knowledge, and talent
* Employee Volunteer Day's to support communities where you work and live
* Cycle to Work Scheme
Culture and Values:
Our people are what makes us different. We work together to create a diverse and inclusive culture that embraces individuality, where people feel comfortable being 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.
About Us:
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.
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