Date Posted: 06/05/2026
Location: London
Job Type: Full time
Actuarial Defined Benefit Calculations Specialist
Location: London or Reigate
Contract: Permanent
Hours: 35 hours
Purpose
This actuarial role is key to support the growth and development of the DB area and primarily our member experience activities. The purpose of this role is to assess calculation requirements, provide technical support and guidance alongside completion of member options calculations utilising varying inputs required.
This role will also involve working collaboratively to develop capabilities and test bespoke, automated member option tools within the DB Business.
The role holder will also be able to provide other actuarial calculations which may include, but not limited to, new business and true up activities to support our growth agenda.
About Just
We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.
This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.
Key responsibilities
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Provide calculation support for standard and non-standard member option calculations which require actuarial referral
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Test and sign off the onboarding of new schemes onto our automated member option tools.
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Act as an actuarial defined benefit subject matter expert to assist with queries from the wider Operations function and with new scheme triage
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Development and refinement of features of our member option calculation tools.
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Ongoing updates to tools for market conditions and basis changes
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Ongoing monitoring of our member options basis
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Support the development of junior staff .
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Experience gained in within an actuarial team in a DB Pensions consultancy, Life insurer or equivalent
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Experience in the bulk annuity market or within a pensions consultancy.
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Defined benefit experience is essential.
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Coding experience is desirable but not essential, for example in Julia, Python and/or VBA.
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Part/newly/nearly qualified Actuary or not qualified/taking exams but has the required equivalent experience.
At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture - we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.
Explore our full range of benefits on our dedicated benefits page.
Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just.
We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.
Please submit your CV using the '’ button. Shortlisted candidates will be contacted regarding next steps which may include an initial phone interview and in-person assessment.
Be Bold. Be Brilliant. Be Just
