This job has been posted for more than 30 working days and has expired.

Actuarial Analyst

Job Description:

A leading Pensions and Investment firm is seeking an Actuarial Analyst to join their team on a permanent basis.

This is a great opportunity for someone who enjoys actuarial work and would like to focus on more technical aspects.

You will be responsible for completing actuarial calculations and communicating results to team members and members of the client teams.

Typical work might include actuarial valuation calculations, funding updates, transfer values, accounting disclosures, risk transfer calculations and GMP equalisation.

This role can be based in Glasgow, Edinburgh, or London.

Essential Skills/Experience:

  • 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

  • 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

  • Strong written and verbal communication skills

  • The ability to support and train more junior members of the team

Core Responsibilities:

  • Perform all necessary data processing, including validation and manipulation at a scheme level.

    This will involve occasional coding work using 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 work.

  • Take responsibility for maintaining knowledge on relevant industry changes which impact on day-to-day work.

  • Take ownership and responsibility of workload and effectively communicate progress with colleagues.

  • Flexibility to travel to other offices on an occasional basis.

  • Adhering to the firm's Information Security standards, policies, and procedures


  • A highly competitive salary

  • Wider Benefits package

Core-Asset Consulting is an equal opportunities recruiter and we welcome applications from everyone irrespective of age, disability, gender, gender identity or expression, race, colour, ethnic or national origin, sexual orientation, religion or belief, marital/civil partner status or pregnancy.

Job reference: 15534

To apply for this vacancy applicants must be eligible to work in the UK in accordance with the Immigration, Asylum and Nationality Act 2006.

At Core-Asset, we're committed to protecting and respecting your privacy.

Our privacy statement explains when and why we collect personal information about people who engage with our services, how we use it, the conditions under which we may disclose it to others, and how we keep it secure.

We may change this policy from time to time, so please check this policy occasionally to ensure that you're happy with any changes.

By engaging with us (either by applying for a job we're advertising, registering through our website, or getting in touch with our business) you're agreeing to be bound by this policy.

Core-Asset Consulting is committed to protecting the privacy of our candidates, clients and website users.

For further information, please refer to our full Privacy Statement available on our website

Core-Asset Consulting offers specialist recruitment services to asset management, accounting & finance, asset servicing, legal and the wider financial services sector in Scotland.