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Canary Wharf Estate, London

Pensions Actuary

Government Actuary's Department
Office & Professional
Office & Professional
£75,000.0 - £95,000.0/Year
Full-time
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Description

Location
Canary Wharf Estate, London

Hours
Full Time

Salary
£86,708 per annum

About the Role
The Government Actuary’s Department (GAD) offers actuarial careers that make a difference by providing actuarial analysis, advice and assurance to government departments and public sector organisations. Supporting Government objectives and delivering for citizens, GAD’s work covers valuations and policy support related to pension schemes, insurance and contingent liabilities, financial risk, and social security, alongside financial modelling and quality assurance.

As a Pensions Actuary, you will work within one of GAD’s established pensions teams advising public sector clients on defined benefit (DB) pension scheme matters. You will engage in core projects including actuarial valuations, member option factors, accounting disclosures, and pension scheme strategy.

The role offers excellent benefits including a world-class pension, flexible working options, and a career with strong learning and development support.

The pensions teams you may join include:
- Public Service Pensions: Advising on principal UK public service pension schemes covering around 16 million members, involving statutory duties and ad-hoc policy advice.
- Funded Pensions: Providing Scheme Actuary services and advice to funded DB scheme clients in the public sector, with bespoke strategies reflecting taxpayer interests.
- Pensions Policy and Social Security: Advising HM Treasury and the Department of Work and Pensions on pensions policy and social security arrangements, requiring proactive client engagement.
- Analytical Services Team: Delivering analytical excellence to support robust, evidence-based advice across teams.

In all teams, you will build and maintain relationships, identify additional support opportunities, and ensure high-quality, timely delivery of work aligned with client needs.

Requirements

Experience
Proven ability to provide high quality actuarial analysis and advice, supporting multiple teams as necessary. Experience in managing projects, motivating teams, and engaging with clients to deliver value for money.

Strong collaboration skills to ensure efficient and timely delivery of work, including specifying work, monitoring output, and providing feedback.

Ability to adapt to changing client needs and priorities while maintaining professional standards and compliance with actuarial and departmental guidelines.

About you
Excellent relationship-building skills with internal and external stakeholders.
Strong organisational and operational capabilities including scheduling, leave management, and financial control.
Committed to continuous professional development and maintaining up-to-date knowledge of actuarial and relevant matters.
Ability to work flexibly and collaboratively across teams to meet client demand.
Demonstrates behaviours including Delivering at Pace, Seeing the Big Picture, Managing a Quality Service, Working Together, and Communicating and Influencing.

Qualifications
Fellow of the Institute and Faculty of Actuaries (IFoA) or equivalent actuarial professional body (Essential).
Detailed knowledge of UK actuarial concepts and techniques as applied to UK defined benefit pension schemes (Essential).

Expiry date: 29/06/2026
Pensions Actuary
Company:
Government Actuary's Department
Salary:
£75,000.0 - £95,000.0/Year
Job Type:
Full-time
Location:
Canary Wharf Estate, London