Actuarial Analyst GMP

Posted Yesterday
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Basted, Tonbridge and Malling, Kent, England, GBR
In-Office
Entry level
Information Technology • Consulting
The Role
Performs audits, validation, testing, correction, and due diligence for defined benefit pension calculations and data. The role prepares calculation templates and benefit specifications, documents issues, drafts consulting reports, liaises with actuaries and administration teams, maintains audit trails, supports workflow delivery, and develops knowledge of pension regulations. Strong Excel skills and DB pensions experience are required; actuarial exam study support is available.
Summary Generated by Built In
Actuarial Analyst GMP
Home Based
We are looking for an Actuarial Analyst to join the team and work on a wide range of DB pensions projects for DB pensions clients and bulk annuity providers.
This role would suit someone with pensions experience looking to move into an actuarial career that has worked on DB pensions calculations, has strong excel and ideally worked on pensions projects.
If you want to study for the actuarial exams study support is available.

Job title:

Actuarial Analyst GMP

Job Description:

Work includes:

  • Benefit calculation audits
  • Data validation/audits and improvement/creation projects 
  • Benefits and data due diligence
  • Benefit correction/rectification exercises
  • Benefit calculation proforma for administration teams to use on smaller clients
  • Calculations testing (both doing calculations to test against automated results and using pensions knowledge to identify errors in/improve automated calculations)
  • Benefit summary specification creation or review
  • Documenting issues/results with clear communication style by email and phone
  • Liaising with internal contacts across the wider pensions business
  • Drafting consulting reports on projects, as required

Key Duties/Responsibilities:

  • Working directly with actuaries and consultants within the team and, if required, more widely within the actuarial department
  • Liaising with administration teams to resolve identified issues in a pragmatic yet technically accurate way
  • Providing an audit trail on all work activities
  • Supporting the management of the team’s workflow to achieve client delivery
  • Taking responsibility for own learning and development, keeping up to date with pensions’ regulatory developments  

Who are we looking for?

  • Currently working in a pensions actuarial team or someone with DB pensions experience looking to move into an actuarial career that has worked on DB pensions calculations, has strong excel and ideally worked on pensions projects.
  • Excel skills – vlookups and macros
  • Good team player, with excellent attitude and flexible approach to work
  • Experience in using PFaroe actuarial software (preferable)

About Capita Pension Solutions

At Capita Pension Solutions (CPS) we continue to grow and evolve our Strategy & Product function.  We are at another exciting point in that evolution, defining and executing CPS’s strategic goals as well as developing the next generation of market leading Products and Services.  We have ambitious objectives and plans for 2026 and beyond.

What’s in it for you?

  •  23 days’ holiday (rising to 27) with the opportunity to buy extra leave
  • Company matched pension, life assurance, a cycle2work scheme, 15 weeks’ fully paid maternity, adoption and shared parental leave, paternity pay of two weeks…and plenty more
  • Voluntary benefits designed to suit your lifestyle – from discounts on retail and socialising, to health & wellbeing, travel and technology
  • The opportunity to take a paid day out of the office, volunteering for our charity partners or a cause of your choice
  • Access to our Employee Network Groups, which represent every strand of diversity and allow colleagues to connect and learn from each other on an open, inclusive platform

What we hope you’ll do next:

Choose ‘Apply now’ to fill out our short application, so that we can find out more about you.

We’re an equal opportunity and Disability Confident employer, which means we recruit and develop people based on their merit and passion. We’re committed to providing an inclusive, barrier-free recruitment process and working environment for everyone. If you need the job description or application form in an alternative format (such as large print or audio), or if you’d like to discuss other changes or support you might need going forward, please email Iqbal at [email protected] or call 07784 237318 and we’ll get back to you. For more information about equal opportunities and process adjustments, please visit the Capita Careers website.

As part of our commitment to building an inclusive and diverse workforce, we would particularly welcome applications from people who are from Black, Asian and other ethnic minority backgrounds 

Access to Work can help candidates with a physical or mental health condition or disability to get support in the hiring process, including communication support at interviews such as a British Sign Language interpreter. If you require this support you can apply for this support at https://www.gov.uk/guidance/apply-for-communication-support-at-a-job-interview-if-you-have-a-disability-or-health-condition-access-to-work . 

Location:

Home-Based - GBR

,

United Kingdom

Time Type:

Full time

Contract Type:

Permanent

Skills Required

  • Experience working in a pensions actuarial team or equivalent defined benefit pensions experience
  • Experience with defined benefit pensions calculations
  • Strong Microsoft Excel skills, including VLOOKUPs and macros
  • Good teamwork, attitude, flexibility, and clear written and verbal communication
  • Experience working on pensions projects
  • Experience using PFaroe actuarial software

Capita Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Capita and has not been reviewed or approved by Capita.

  • Flexible Benefits Hybrid/remote options, job sharing and compressed hours are available across many roles, and remote-work convenience can meaningfully add to overall value.
  • Parental & Family Support Enhanced maternity, paternity and shared parental leave are part of the offering, signalling stronger family support than basic statutory levels.
  • Retirement Support A company‑matched pension and life assurance are provided for UK roles, delivering core financial protection within the package.

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The Company
HQ: London
24,265 Employees
Year Founded: 1984

What We Do

Capita is a leading provider of business process services, driven by data, technology and people. We are a purpose-led, responsible organisation¬. Every day our 50,000 colleagues help millions of people, by delivering innovative, digitally enabled solutions to transform and simplify the connections between government and citizens, businesses and customers. We partner with our clients and provide the insight and technologies that give time back, allowing them to focus on what they do best and making people’s lives easier and simpler. We operate across three divisions – Capita Public Service, Capita Experience and Capita Portfolio – in the UK, Europe, India and South Africa. Capita is quoted on the London Stock Exchange (CPI.L). Further information can be found at: http://www.capita.com

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