Systems Actuary

Date Posted: 03/10/2023

Location: London

Job Type: Full time

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About the role

This role will lead the development and maintenance of actuarial systems, models and tools used by the Actuarial Department as part of Finance Transformation.

You will lead the implementation of approved business requirements necessary to support regulatory requirements, new products, reinsurance structures, management information and external reporting requirements.

You will manage the delivery of work designed to improve the robustness and efficiency of the Actuarial Department through process improvements, make system enhancements and implement an adequate control framework.

Key Accountabilities

  • To deliver systems change for projects and manage dependencies with the wider change delivery and IT processes.

  • To implement new requirements into the actuarial systems, model and tools.

  • To manage the model maintenance program for one or more systems or areas within a system, including regular engagement and effective communication with user groups and senior managers and maintaining consistency with other systems.

  • To act as model steward responsible for systems release cycles and processes ensuring application of control frameworks and release timeframes.

  • To implement systems solutions in line with the Actuarial Department Systems Strategy.

  • To identify and deliver improvements to Actuarial Department processes.

  • To implement the control framework for the development, management and release of actuarial valuation tools, including delivering appropriate documentation and compliance with relevant requirements  (specifically TAS and APS X2).

  • To deliver training and ongoing support to users of Actuarial systems ensuring that developments are fully embedded.

  • To support the Systems Architect in providing an interface with IT in technical areas such as database administration, infrastructure and associated IT tools.

About You

  • You will be a qualified Actuary

  • You will have a passion for Systems and a technical mindset.

  • We want you to enjoy Systems work and translating Actuarial business requirements > Technical changes.

Company Benefits

  • A Competitive Salary, Pension Scheme and Life Assurance

  • Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday

  • Private Medical Cover and Income Protection, just in case

  • A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets

  • Opportunity to progress within your career both in-role and within the company

  • FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)

  • A variety of Employee Funded Benefits available to you via our Online Benefits Portal

  • Plus, several additional purchase options available for you and your loved ones

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