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Deadline

17 Jun 2022

Location

London, Edinburgh

About the job

Summary

The Government Actuary’s Department (GAD) is a non-ministerial department which provides actuarial solutions including financial risk analysis, modelling and advice to support the UK public sector. GAD carries out actuarial analysis for government departments and public bodies, including the following areas related to pensions within our Specialist Actuarial and Public Service Pensions teams:

  • We provide actuarial advice to all the main UK unfunded public service pension schemes, including the civil service, NHS, teachers, armed forces, police and fire service – schemes covering around 15 million people and £1 trillion of liabilities.
  • We advise HM Treasury (HMT) and Cabinet Office on policy issues relating to unfunded pension schemes for public service employees. We also provide actuarial advice to the Department for Work and Pensions (DWP) in relation to government policy affecting funded occupational pension schemes.
  • We advise several funded occupational schemes in the wider public sector and private sector, including schemes previous moved from the public sector – e.g. the coal and rail industries.
  • We advise public sector bodies where staff have their pension arrangements changed in line with Government’s policy for staff transfers within the public sector.
  • We also advise the UK government and a range of overseas countries on their social security arrangements.

Job Description

The Deputy Government Actuary is responsible with the Government Actuary for the professional actuarial work undertaken by the Department, including the statutory responsibilities of the Government Actuary and may deputise for the Government Actuary in those responsibilities.

As a member of the Management Board, the Deputy Government Actuary is also responsible with the Government Actuary for the strategic direction of the Department and is individually responsible for the leadership and performance of their designated area(s) of the Department.

Responsibilities

Please refer to the job description and person specification for more information about the roles.

Behaviours

We’ll assess you against these behaviours during the selection process:

  • Seeing the Big Picture
  • Changing and Improving
  • Making Effective Decisions
  • Leadership
  • Communicating and Influencing
  • Developing Self and Others
  • Managing a Quality Service
  • Working Together

Benefits

As well as competitive salaries, we offer a substantial package of benefits:

  • 25 days annual leave per year, increasing to 30 days after 5 years’ service. In addition we offer 9 days public and privilege days leave per year (pro rata for part time staff)
  • Generous defined benefit Civil Service pension scheme
  • Family-friendly policies such as help with caring responsibilities, special leave, generous paid maternity, paternity and adoption leave
  • Access to employee assistance programme and occupational health
  • Community volunteering programme, the opportunity to join a trade union, and discounted membership of local and national sports and social groups
  • A working culture which encourages inclusion and diversity
  • Salary advances for travel costs, including annual season tickets and cycle-to-work schemes
  • Complimentary Bupa health check for permanent staff

Things you need to know

Security

Successful candidates must pass a disclosure and barring security check

Selection process details

Application deadline: 12:00 pm on 14 June 2022
Shortlisting: Week commencing 13 June 2022
Interviews: TBC
Interview location: Finlaison House. London

  • Job Type: Experienced
  • Experience Level: Newly Qualified, Senior Qualified
  • Date Posted: 17 Jun 2022
  • Fields of Work: Investment, Pensions, Risk Management
  • Start Date: Immediate
  • Location: London & Edinburgh
  • Contract Type: Permanent
  • Employment Type: Full Time
  • Salary: £158,393 - £165,784
  • Application Details: 12:00pm on 14 June 2022
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