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We are looking for a talented Pensions Actuary to join our Onboarding Calculations Team within our Pension Risk Transfer (PRT) Client Services function. In this pivotal role, you will help ensure the efficient and accurate delivery of manual calculations and essential claims work, whilst also providing technical expertise across the team on complex benefit structures and other specialist aspects of Defined Benefit pension schemes. If you have a strong background in Defined Benefit pensions, enjoy leading projects, coaching and supporting junior colleagues, and thrive when working on complex, detail‑oriented tasks, we would be delighted to hear from you. This is a hybrid working opportunity, which gives you the flexibility to split your week between home and our Glasgow offices to help you achieve a work‑life balance that works for you.
Job Responsibility:
Providing technical oversight to the work done by the Onboarding Calculations Team
Producing and checking individual Defined Benefits quotations
Leading and supporting projects to enhance and improve our processes
Acting as a Subject Matter Expert for the team, and providing technical support as required
Supporting Team Managers with the ongoing development and coaching of the wider team
Producing and analysing regular MI to ensure the quality of our customer outcomes
Working closely with other internal teams to optimise the delivery of operational outcomes
Facilitating the operation of any additional activities (as required)
Requirements:
Qualified Actuary with significant DB pension administration experience
Detailed understanding of defined benefit pension scheme structures and regulations
Extensive experience with manual individual quotations and complex DB benefit structures
Proven ability to deliver solutions to technical and business problems
Strong customer and client focus with excellent relationship management and leadership skills
Ability to manage tight timescales and prioritise work effectively
Excellent communication skills and ability to support team development
Knowledge of relevant legislation and compliance requirements
What we offer:
The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
Generous pension contribution
Life assurance
Healthcare Plan
At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
Competitive family leave
Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
There are the many discounts we offer – both for our own products and at a range of high street stores and online
In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart