Job Description

About the Opportunity
Job Type: Permanent
Application Deadline: 01 November 2025
Title Model & Illustrations Actuary
Department Operational Architecture
Location Cannon Street or Kingswood
Reports To Pensions Technical
Level Senior Manager
Introduction
We're proud to have been helping our clients build better financial futures for over 50 years. How have we achieved this? By working together - and supporting each other - all over the world. So, join our Global Platform Solutions (GPS) team and feel like you're part of something bigger.
About your team
Our GPS business provides individuals, advisers and employers with access to world-class investment choices, third-party solutions, administration services and pension guidance. Together with our Investment Solutions & Services business, we invest over $600 billion on behalf of our clients. By combining our asset management expertise with our solutions for workplace and personal investing, we work together to build better financial futures. Find out more about what we do, our history, and how you could be a part of our future at careers.fidelityinternational.com/about-us.
About your role
Fidelity previously has relied on external actuaries for specific Defined Contribution (DC) Illustration and modelling tasks, but our strong business growth means we are looking for an in-house actuary to help us transform our internal processes, provide continuous support in maintaining operational excellence across our DC pension business and help us establish robust audit processes.
You will be providing your actuarial and technical guidance to support DC operations teams in setting growth rate assumptions, testing DC illustrations and projections, leading internal project teams to handle system improvements or regulatory change, and resolving day to day illustration issues and discrepancies.
As a Senior Manager within the Operational Architecture department, you will be a central voice within our internal DC business forums that drive our operational excellence. You will also manage our relationships with illustration software providers.
For key functions, you will also have access to external actuarial support in terms of guidance and consulting, and production of key tasks.
About you
We are seeking a chartered actuary with the following characteristics and skills:A team player with a can-do attitude who can quickly build effective relationships with key stakeholders across a DC provider business Passion to work with people from a diverse range of abilities, backgrounds and disciplines, across a range of business functions such as marketing, compliance and operations Confidence and enthusiasm when dealing with complexity and ambiguity within the DC world. Good knowledge of the UK DC pensions environment, including, but not limited to: + Actuarial and technical requirements; in particular deep knowledge on the legislation governing ASTM1, and SMPI/FCA illustrations
+ Fund investments and charging structures
+ Illustration systems and software providers
+ Business modelling
Strong skills in Excel/VBA and experience with other Microsoft applications such as Word, Access, PowerPoint

Feel rewarded
For starters, we'll offer you a comprehensive benefits package. We'll value your wellbeing and support your development as an actuary. And we'll be as flexible as we can about where and when you work - finding a balance that works for all of us. It's all part of our commitment to making you feel motivated by the work you do and happy to be part of our team. For more about our work, our approach to dynamic working and how you could build your future here, visit careers.fidelityinternational.com.
As an international financial services organisation, we are in-scope of international regulations in the way that we carry out our work. This position is involved in work that is regulated by the FCA and/or the PRA and their Individual Conduct Rules (COCON) apply to it, along with any other regulation. We provide training on COCON and how it affects our employees. More information about COCON can be found in the Employment Handbook.