The job requirements are detailed below. Where applicable the skills, qualifications and memberships required for this job have also been included.
Role title: Senior Actuarial Modeller
TPR grade & pay group: Grade 7 & Advisory – Lead Specialist
Directorate: Strategy, Policy & Analysis
Salary: £63,299 Per Annum
Contract type: Permanent
Location: Brighton/hybrid 6 days per month in the office
Closing date: 02 July 2026
The role and responsibilities
As a Lead Specialist in Actuarial Modelling, you’ll play a key role in helping The Pensions Regulator protect savers and support a resilient pensions system. You’ll use your actuarial and financial modelling expertise to support the production of clear, reliable insights that shape how we understand risks in pension schemes and financial markets. Your work will directly inform strategic decisions, policy development and regulatory action, helping us spot emerging issues early and act in the interests of millions of savers.
You’ll take ownership of the design and maintenance of actuarial and financial models, ensuring data is fit for purpose and our tools are robust, well‑evidenced and comply with all governance requirements. Collaboration is central to this role: you’ll work closely with specialists across TPR, partner organisations, academia and the wider industry to develop new approaches and share knowledge. You’ll also support and mentor modellers within the team, helping to build capability and encourage learning. This is a role where your technical strengths, curiosity and judgement will make a meaningful difference to the wider pensions landscape.
This role is ideal for someone who:
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Enjoys solving complex problems and finding practical ways to turn data into insight
- Likes working collaboratively with specialists from different disciplines
- Takes pride in creating clear outputs that help others make informed decisions
- Is motivated by public value and wants their work to support better outcomes for savers
- Values learning and sharing knowledge across a supportive team
The role criteria
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Current or past IFoA membership (or exam exemptions) with pensions and modelling experience
- Comprehensive knowledge of assumptions and markets including investment asset classes, statistical and mathematical theories
- Experience designing and maintaining models for DB and DC pension schemes
- Strong communication skills with the ability to explain technical analysis clearly
- Experience applying governance standards to large actuarial or investment datasets
- Ability to work across multidisciplinary teams and engage confidently with stakeholders
- Excellent Excel and VBA skills and willingness to learn new software
- Proven analytical and problem solving ability including testing and validating models
The team
The Pensions Insights and Modelling team provides clear insight, expert advice and practical solutions to support TPR’s work in protecting savers. The team contributes to key areas including DB funding, the DB Funding Code, superfunds, CDC authorisation, DC value for money and climate‑related risk. A dedicated modelling function uses data and analytics to identify emerging issues and help target regulatory action. Collaboration is central, with close working across TPR, industry specialists and other government bodies. The team maintains strong professional standards, shares knowledge widely and stays connected to developments across the pensions landscape to support effective decision‑making for colleagues and savers.
TPR offers:
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Genuine opportunities for learning and development.
- A values-led, inclusive environment.
- Hybrid working and flexible shift patterns.
- A vibrant workplace with employee networks (Disability, Family, LGBT+, Minority Ethnic, Mental Health, Women’s).
Reward and benefits
We offer 25 days annual leave plus bank holidays, a hybrid working model, 35 hour working week (full-time), flexible working patterns, and flexitime. We also provide competitive parental leave, as well as a Civil Service Pension with an average employer contribution of 28.97%. Our dedicated benefits portal (Edenred) offers retail, gym, tech and restaurant discounts, and a cycle to work scheme.
Our culture
TPR strives to be a high-performing organisation, and we prioritise our people's growth and well-being. We offer various learning, secondment and development opportunities, support flexible working, and foster a diverse and inclusive environment.
Equality, diversity and inclusion is very important to us and we strive to make sure everyone has an equal opportunity to succeed. Our modern Brighton offices are in Telecom House overlooking Preston Park, they are over two floors of a shared building facility and when designed in 2023 we followed the government’s workplace design guide to ensure accessibility by design was achieved for our section.
We're proud to have a range of networks and opportunities to bring people together with supportive and safe spaces to connect with one another.
About The Pensions Regulator
With a career at TPR, you’ll be joining an organisation with real purpose and who are proud of their diverse range of skills and experience that positively impact on millions of people. Everyone at TPR plays an important role in helping to keep more than £2trn of savings safe.
Our Corporate Strategy outlines a bold and challenging vision of how pensions regulation should continue to evolve to keep pace with a change in the scale and nature of the pensions landscape. We believe diversity and inclusion are vital to good decision-making for positive saver outcomes. We’re committed to creating a supportive, inclusive, and dynamic work environment where everyone can thrive; understanding the link between the work we do and its positive impact on society.
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Applications
To avoid disappointment, we would invite you to submit your application as soon as possible, as we reserve the right to close the vacancy early if a high volume of applications are received. This is to ensure that we can continue to provide a positive candidate experience, with each application being reviewed and considered. Unfortunately, once a vacancy has closed, we are unable to consider further applications.
Current TPR employees who want to apply for this vacancy should first contact their line manager to discuss their application.
We welcome applications on a part time and job share basis.
Please note that TPR is unable to offer visa sponsorship. All applicants must already hold Right to Work in the UK for the duration of their employment. For more information on Right to Work, please visit Prove your right to work to an employer: Overview - GOV.UK.
Selection and interview
If you are shortlisted for interview, we’ll be in contact with you shortly after the closing date. We aim to respond to every application however due to the large volume of applications this is not always possible. If you have not heard from us within 21 days of submitting your application, please assume you have been unsuccessful on this occasion.
As a Disability Confident Employer, we’re committed to the recruitment, employment, retention, and development of people with disabilities, and to improving their employment opportunities. Candidates who declare that they have a disability and who meet the essential criteria will be an offered an interview. Please note that if we receive a high volume of Disability Confident applicants, we reserve the right to offer an interview to those who best meet the essential criteria.
Diversity and inclusion
TPR is committed to promoting diversity, inclusion and equality in the workplace, creating an environment where everyone is encouraged to be themselves, enabling our people to feel supported, represented and do their best work.
We encourage applicants from all backgrounds and with different identities and experiences to apply for roles with TPR.
Further information
Please visit our website to find out what it is like to work at TPR, our culture, interview process and our commitment to our employees.
If you have any queries about this role, or if you have a disability and wish to request a reasonable adjustment at any stage of the recruitment process, please email [email protected].
