Pensions/Actuarial Analyst
Employer: Capita
Location: Work From Home
Working hours: Full time
Salary: Not listed
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Pensions/Actuarial Analyst - Special Projects team
Home Based
We are looking for a Pensions/Actuarial Analyst to join the Special Projects team within the Consulting business of Capita Pensions Solutions.
The team provides excellence to clients in relation to varied pension projects both for ongoing pension schemes and those heading towards or in the process of buy in / out or wind up, mainly working on DB schemes but also on some DC schemes.
In this role you will enable clients to undertake transactions and derisking exercises by confirming the quality, consistency and reliability of pensions data and work on projects that include:
• Rectifying benefits where rules/legislation were not interpreted correctly
• Improving/correcting the automated retirement calculations for administration clients
• Undertaking pre-deal due diligence for bulk annuity providers
• Providing governance work for trustees including testing application of rules to benefitsJob title:
Pensions/Actuarial Analyst
Job Description:
Responsibilities:
Working on a wide range of DB pensions projects for DB pensions clients and bulk annuity providers and may include any/all of the below plus other project types as they arise:
Benefit correction/rectification exercises
Benefit creation exercises, such as contingent spouse pensions
Benefit calculation audits
Benefit calculation proforma for administration teams to use on smaller clients
calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
Drafting consulting reports on projects
What are we looking for?
Essential
Experience in a DB pensions consulting/technical environment
Practical, wide/deep knowledge of occupational DB pensions
Flexibility to work on different types of DB pensions projects
Ability to deliver to tight timescales
Clear communication with actuaries and non-actuaries
Meticulous attention to detail
Ability to work both independently and as part of a team
Experienced user of Microsoft Excel
Desirable
Making good progress with the Institute and Faculty of Actuaries exams (if have an actuarial background – option to start if not already progressing, not compulsory
About Capita Pension Solutions
At Capita Pension Solutions (CPS) we continue to grow and evolve our Strategy & Product function. We are at another exciting point in that evolution, defining and executing CPS’s strategic goals as well as developing the next generation of market leading Products and Services. We have ambitious objectives and plans for 2026 and beyond.
What’s in it for you?
23 days’ holiday (rising to 27) with the opportunity to buy extra leave
Company matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks…and plenty more
Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology
The opportunity to take a paid day out of the office, volunteering for our charity partners or a cause of your choice
Access to our Employee Network Groups, which represent every strand of diversity and allow colleagues to connect and learn from each other on an open, inclusive platform
What we hope you’ll do next:
Choose ‘Apply now’ to fill out our short application, so that we can find out more about you.
We’re an equal opportunity and Disability Confident employer, which means we recruit and develop people based on their merit and passion. We’re committed to providing an inclusive, barrier-free recruitment process and working environment for everyone.
As part of our commitment to building an inclusive and diverse workforce, we would particularly welcome applications from people who are from Black, Asian and other ethnic minority backgrounds
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