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

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

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