DB Pricing Actuary
Date Posted: 26/06/2025
Location: London
Job Type: Full time
Apply NowPricing Actuary
Location: London – hybrid 50%
Contract: Permanent
Hours: 35 hours
Purpose
We are recruiting a DB Pricing Actuary to join our DB (Defined Benefit) Pricing team. The role will involve supporting the DB team in their objectives to deliver a market leading Bulk Annuity service and grow in line with our business plan.
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
- Be a key member of the DB Pricing team, responsible for reviewing and delivering new business quotations in an accurate and timely manner.
- Mange projects and project teams, proactively driving them forward to ensure they are progressed in line with expected timescales.
- Develop a deep technical and operational knowledge of all systems and tools used in DB. Continuously look for areas where we can improve – our people have a proactive approach to integrating technology into daily tasks and processes in order to drive innovation and efficiency.
- Be curious, proactive and open to new ideas - applicants should demonstrate a track record of adapting to change, embracing technology, learning from experience, and showing resilience in the face of obstacles.
- Proactively promote a culture of collaboration and engagement within the DB Pricing team, set an example for junior team members and help with coaching/training of the team.
- Work closely and collaborate with our DB Reinsurance and Commercial teams in order to ensure effective delivery of competitive, market leading propositions.
What we’re looking for
- Good knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.
- Strong numeracy skills
- Sound knowledge of technical actuarial concepts, particularly principles underlying bulk annuity pricing
- Strong IT skills including Excel and programming languages, and a keen attitude to learn where these skills don’t exist
- Experience of working within a related field (pensions, insurance, finance) is desirable.
- Coding experience is desirable, for example Julia, Python and/or VBA.
Qualifications
- 2.1 or above in a technical/mathematical degree is desirable
- FIA qualification or equivalent.
Our behaviours
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.
What’s in it for you
A competitive salary, pension scheme and life assurance
25 days annual leave plus an additional day on us for your birthday
Private medical cover and income protection, just in case
A generous and highly achievable bonus scheme
Opportunities to progress your career in-role and within the company
Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
A variety of employee funded benefits available via our online benefits portal
Plus, several additional purchase options available for you and your loved ones
Explore our full range of benefits on our dedicated benefits page.
Belonging at Just
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.
Application details
To apply, please submit your CV through our careers website. 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