The Special Projects team provide excellence to clients in relation to varied DB pension projects both for ongoing pension schemes and those heading towards or in the process of buy in/out or wind up.
Our team enable our DB pensions clients to undertake transactions and derisking exercises by confirming the quality, consistency and reliability of pensions data
Job title:
Actuarial Consultant – Special ProjectsJob Description:
Responsibilities include:
Taking a significant role on a wide range of DB pensions projects for DB pensions clients and bulk annuity providers and may include any/all of the below plus other project types as they arise:
- Benefit correction/rectification exercises
- Undertaking pre-deal due diligence for bulk annuity providers
- Providing governance work for trustees including testing application of rules to benefits
- Benefit creation exercises, such as contingent spouse pensions
- Benefit calculation audits
- 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)
- Data validation/audits and improvement/creation projects
- Benefits and data due diligence
- Benefit summary specification creation or review
- Attending client meetings or calls
- Acting as the client’s primary point of contact on some projects
- Documenting issues/results with clear communication style by email and phone
- Producing/reviewing consulting reports on projects, as required
Key duties:
- Supervising and checking work of junior team members, providing timely feedback and development support as appropriate
- Working directly with actuaries within the special projects team and, if required, more widely within the actuarial department
- Ensuring a robust audit trail is produced for all work activities
- Liaising with administration onboarding teams and/or live administration teams to resolve identified issues in a pragmatic yet technically accurate way
- Supporting the management of the team’s workflow to achieve client delivery
Who are we looking for?
- A qualified actuary or nearly qualified actuary
- A practical, wide/deep knowledge of occupational DB pensions
- Flexibility to work on different types of DB pensions projects, sometimes simultaneously
- Ability to deliver to tight timescales
- Clear communication with actuaries and non-actuaries
- Meticulous attention to detail
- Ability to work both independently and as part of a team
- Experience of supporting and developing actuarial students through project work
- Good team player, with excellent attitude and flexible approach to work
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.
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 KingdomTime Type:
Full timeContract Type:
PermanentSkills Required
- Qualified actuary, nearly qualified actuary, or qualified by experience
- Practical, broad and/or deep knowledge of occupational defined benefit pensions
- Ability to work flexibly across different pension projects, sometimes simultaneously
- Ability to deliver work to tight timescales
- Clear communication with actuaries and non-actuaries
- Meticulous attention to detail
- Ability to work independently and as part of a team
- Experience supporting and developing actuarial students through project work
- Excellent attitude and flexible approach to work
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.
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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.
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Parental & Family Support — Enhanced maternity, paternity and shared parental leave are part of the offering, signalling stronger family support than basic statutory levels.
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Retirement Support — A company‑matched pension and life assurance are provided for UK roles, delivering core financial protection within the package.
Capita Insights
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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