Actuarial Analyst

Found in: Talent UK C2 - 1 week ago

London, United Kingdom Hymans Robertson LLP Full time

The Role:

We are looking to recruit an actuarial analyst to join our firmwide Actuarial Technical Team, to be based in either our Glasgow, Edinburgh or London office. This person will be responsible for completing actuarial calculations and communicating results to team members and members of the client teams as well as contributing to improving the efficiency of our processes as well as developing junior members of the team. Typical work might include actuarial valuation calculations, funding updates, transfer values, accounting disclosures, risk transfer calculations and GMP equalisation.

This role will bring many opportunities to develop your career, there will be potential future opportunities to own and run strands of work within the team, people manage, become a technical systems expert and contribute to team learning and development.

Job Responsibilities:

  • Perform all necessary data processing, including validation and manipulation at a scheme level. This will involve occasional coding work using our in-house data manipulation system.
  • Calculating and checking individual member liabilities.
  • Review scheme information, i.e. benefit summary, benefit changes and discuss anomalies with client teams.
  • Use Firm’s bespoke valuation systems to perform actuarial valuations. Performing individual and scheme level checks on the output.
  • Work with the other members of the technical team and people in the wider business on ad-hoc projects to improve efficiency and develop processes.
  • Carrying out self checks on all of your work.
  • Take responsibility for maintaining knowledge on relevant industry changes which impact on day to day work.
  • Take ownership and responsibility of your own workload and effectively communicate progress with colleagues.
  • Flexibility to travel to other Hymans Robertson offices on an occasional basis.
  • Adhering to the firm’s Information Security standards, policies and procedures

Skills and Qualifications Required:

Qualifications:

  • Educated to at least a Scottish Higher Grade  / A level or equivalent in Math
  • An understanding of the legislative framework and structure of defined benefit pension schemes
  • Proven defined benefit actuarial experience. This role would also be an option for actuarial students who might be looking to move away from a consultancy role and focus on more technical aspects.
  • Support for those sitting the IFoA examinations is available for those who wish to continue sitting these exams.
  • Good/advance knowledge of Microsoft Excel
  • An understanding of the legislative framework and structure of defined benefit pension schemes, commensurate with the level of experience in pensions actuarial work

Personal characteristics:

  • Technical ability to follow, understand and develop processes
  • Active team player who can communicate effectively
  • Keenness to enhance and refine processes where necessary
  • Accurate and organised
  • Ability to monitor, prioritise and deliver own workload
  • Proactive in raising conflicting demands on time and adaptable in these situations
  • Strong written and verbal communication skills
  • Logical thinker
  • The ability to support and train more junior members of the team

Reward and Support

Hymans Robertson prides itself in offering a refreshing, stimulating work environment where independent thinking and new ideas are actively encouraged and where every member of the team genuinely makes a difference. Candidates can expect a highly competitive salary and comprehensive benefits package, including full study support for the IFoA exams, where appropriate. The firm is committed to the personal and career development of all employees and this position offers excellent growth potential within a dynamic and growing organisation.

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