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Specialist Actuarial Modeller

Pensions Regulator

Department
Pensions Regulator
Location
Brighton
Openings
1 post
Grade
Other
Salary
£50,980
Closing
4 days left
Profession
Other
Contract
Permanent
Security clearance
BPSS
Working pattern
Flexible working
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Job summary

Role title: Actuarial Modeller

TPR grade & pay group: Specialist – Advisory Grade 8

Directorate: Strategy, Policy & Analysis

Salary: £50,980 Per Annum

Contract type: Permanent

Location: Brighton/hybrid 6 days per month in the office

What they’re looking for

  • The role criteria
  • Current or past IFoA membership with pensions and modelling experience, or able to demonstrate significant relevant pensions and modelling experience with breadth and depth of knowledge.
  • Comprehensive knowledge of pension funding methodologies, financial markets, actuarial assumptions, and the factors affecting defined benefit and defined contribution pensions.
  • Significant experience applying pensions, actuarial and modelling knowledge in the practical modelling of pension schemes.
  • Good knowledge of UK occupational pension scheme investment asset classes and financial modelling of pension scheme assets.
  • Experience of managing projects, prioritising competing demands and coordinating delivery to meet customer requirements and timescales.
  • Experience of reviewing, managing and applying governance standards to large actuarial and financial data sets.
  • Strong communication skills, including experience of presenting and explaining complex technical information in a clear and effective way.
  • Excellent Microsoft Excel skills, including VBA programming, and the ability to learn and apply new software and programming tools for actuarial modelling.
  • The team
  • The Pensions Insights and Modelling team provides clear insight, expert advice and practical solutions to support TPR’s work in protecting savers. The team contributes to key areas including DB funding, the DB Funding Code, superfunds, CDC authorisation, DC value for money and climate‑related risk. A dedicated modelling function uses data and analytics to identify emerging issues and help target regulatory action. Collaboration is central, with close working across TPR, industry specialists and other government bodies. The team maintains strong professional standards, shares knowledge widely and stays connected to developments across the pensions landscape to support effective decision‑making for colleagues and savers.

Job description

The role and responsibilities

As a Specialist Actuarial Modeller in the Pension Insights and Modelling (PIM) team, you will provide specialist actuarial and financial modelling that helps inform decisions and supports the delivery of The Pensions Regulator's objectives. Working with colleagues across the organisation, you will design, maintain and develop actuarial and financial models, ensuring they produce reliable, high-quality outputs that can be used in reporting, policy development, casework and risk analysis. You will manage complex data and modelling processes, oversee governance and quality standards, and contribute to the development of actuarial assumptions and modelling approaches. The role requires close collaboration with technical specialists from a range of disciplines and offers opportunities to share expertise, support colleagues and mentor newer team members. Your work will help improve understanding of pension scheme funding, investment and risk, providing evidence and analysis that supports decision-making across the regulator. This is an opportunity to apply specialist actuarial and modelling expertise to work that contributes to effective regulation and better outcomes across the pensions landscape.

This role is ideal for someone who:

  • Enjoys solving complex problems by combining technical expertise, data and analytical thinking.
  • Likes working collaboratively with colleagues from different professional backgrounds.
  • Takes a proactive approach to managing priorities and delivering work across multiple projects.
  • Values continuous learning and is interested in developing new modelling and technology skills.
  • Enjoys sharing knowledge, supporting colleagues and helping others develop their capability.

Nationality requirements

Open to UK nationals only.

Selection process

Applications

To avoid disappointment, we would invite you to submit your application as soon as possible, as we reserve the right to close the vacancy early if a high volume of applications are received. This is to ensure that we can continue to provide a positive candidate experience, with each application being reviewed and considered. Unfortunately, once a vacancy has closed, we are unable to consider further applications.

Current TPR employees who want to apply for this vacancy should first contact their line manager to discuss their application.

We welcome applications on a part time and job share basis.

Please note that TPR is unable to offer visa sponsorship. All applicants must already hold Right to Work in the UK for the duration of their employment. For more information on Right to Work, please visit Prove your right to work to an employer: Overview - GOV.UK.

Selection and interview

If you are shortlisted for interview, we’ll be in contact with you shortly after the closing date. We aim to respond to every application however due to the large volume of applications this is not always possible. If you have not heard from us within 21 days of submitting your application, please assume you have been unsuccessful on this occasion.

As a Disability Confident Employer, we’re committed to the recruitment, employment, retention, and development of people with disabilities, and to improving their employment opportunities. Candidates who declare that they have a disability and who meet the essential criteria will be an offered an interview. Please note that if we receive a high volume of Disability Confident applicants, we reserve the right to offer an interview to those who best meet the essential criteria.

Diversity and inclusion

TPR is committed to promoting diversity, inclusion and equality in the workplace, creating an environment where everyone is encouraged to be themselves, enabling our people to feel supported, represented and do their best work.

We encourage applicants from all backgrounds and with different identities and experiences to apply for roles with TPR.

Further information

Please visit our website to find out what it is like to work at TPR, our culture, interview process and our commitment to our employees.

If you have any queries about this role, or if you have a disability and wish to request a reasonable adjustment at any stage of the recruitment process, please email recruitmentteam@tpr.gov.uk.

Feedback will only be provided if you attend an interview or assessment.

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