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Actuarial Analyst / Technician

  • Location: Sheffield, UK
  • Salary: Competitive
  • Hours: Full Time
  • Contract: Permanent
  • Uploaded: 22/01/2019
  • Closing: 31/03/2019

actuarial consulting

Role Purpose

The actuarial Trust Based Pensions team provides a broad range of actuarial and defined benefits pension consultancy services to pension scheme trustees, scheme sponsors and other third parties. The role involves working jointly with colleagues in Actuarial and Investment and other third parties.

Responsibilities may include reviewing data prepared by colleagues or other third parties, preparing and reviewing calculations, preparing and reviewing letters and reports for review by senior colleagues.

Key Accountabilities

  • Liaising with Investment Management colleagues, Broadstone colleagues, external third party administrators, and clients
  • Attendance at some external meetings together with a senior colleague
  • Some direct client communication via email or telephone
  • Ensuring all work is carried out in accordance with Broadstone standards
  • Reviewing data preparation work carried out junior colleagues, and investigating and resolving abnormalities as appropriate
  • Carrying out and reviewing technical calculations relating to individual members of pension schemes for review by colleagues, e.g. early/late retirement quotations, trivial commutations, transfer values
  • Carrying out and reviewing technical calculations relating to pension schemes for review by colleagues, e.g. actuarial valuations, preparation of accounting disclosures under FRS17, IAS19 and FAS87

Technical Knowledge and Professional Qualifications

  • The role assumes prior knowledge of the UK pensions industry
  • Minimum of Mathematics ‘A’ level (or international equivalent) at grade A or B minimum
  • Preferably Mathematics (or other suitable) degree at 2:1 level

Key Skills

  • Highly numerate and literate
  • Ability to readily absorb technical information
  • Strong team-working and communication skills
  • Computer literacy including familiarity with Microsoft Word, Excel and PowerPoint

Overarching Obligations

  • Adhere to all relevant laws & regulations, and Broadstone Policies & Procedures
  • Achieve a good standard of ethical behaviour, i.e. do the right thing at all times
  • Comply with all relevant professional standards
  • Comply with the FCA’s requirements in relation to Conduct Risk & Treating Customers Fairly


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