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Actuarial Assistant - Insurance Pricing

Job description

IDEX Consulting is working with one of the UK's leading pension consulting firms in the search for an Actuarial Assistant who has experience in Insurance pricing in Pensions.

This is a non-client with ab opportunity to work on specialist work and be a part of an expanding team with a great culture and work life balance.

This firm has an excellent staff retention rate, clear progression plans and opportunities in different teams, so you can future proof your career. They also offer a market leading financial & benefits package.

Role Responsibilities

  • Carry out cash-flow valuations of funds considering buyout/buy-in insurance contracts
  • Be involved in data and actuarial bases preparation using in-house standard approaches and the use of (MS-based) in-house developed software
  • Produce complex actuarial models and calculations (Individual benefit and transfer value calculations)
  • Develop a basic understanding of relevant technical issues, including scheme documentation, the supporting regulatory framework as well as TASs and Codes of Practice
  • Report to the team leader where tight deadlines and/or budgets have been imposed
  • Prioritise and plan personal work-flow


You must have:

  • Previous experience in pensions valuations is required
  • Strong IT skills, expertise in MS Excel is essential
  • Good analytical skills and ability to work through tasks in a logical manner
  • A keen interest in actuarial concepts
  • A high level of numeracy
  • Ability to work well under time pressure and communicate findings with clarity will be necessary attributes
  • An inquisitive and analytical mind
  • Outstanding accuracy and attention to detail
  • Excellent written and verbal communication
  • Highly organised with the ability to prioritise effectively
  • Broad understanding of how the UK pensions schemes operate, with an understanding of the UK Pensions Act with the ability to interpret rules and awareness of what they mean for client work

If you are keen on the above role then Please get in touch if you are interested or send your CV to rehana.sadiq@idexconsulting.com

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At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.