Actuary - Reporting & Analysis
Date Posted: 29/04/2024
Location: London
Job Type: Full time
Apply NowAbout the role
We are looking for an Actuary in our Actuarial Reporting and Analysis team to lead the delivery and analysis of the Group’s actuarial reporting requirements (IFRS, Solvency II and reinsurance reporting). The role will also support the development and maintenance of these actuarial reporting metrics.
Responsibilities
Production of the actuarial information required to support the Group’s internal and external reporting of IFRS and Solvency II, as well as the information required for planning & analysis of these metrics
Delivery of reinsurer reporting requirements in line with Group treaties
Development and maintenance of Group-wide methodology to be deployed in actuarial systems required to fulfil the team’s objectives
To support the Heads of Financial and Capital Reporting and Analysis to set the bases required for actuarial reporting and analysis purposes
To ensure timely testing of the tools developed by the Actuarial Systems team for actuarial reporting and analysis purposes
To develop and improve the reporting processes used for actuarial reporting and analysis purposes
To represent the team and provide actuarial expertise to define actuarial requirements on projects and other change programme initiatives
To support the development of responses to requests from UK regulators and other third parties
To operate a robust control framework for the production of results including maintaining appropriate documentation and compliance with relevant requirements (including TASs)
Skills & Experience
Qualified Actuary
Knowledge of insurance products and markets, including UK reporting regulations
Experience of an actuarial reporting function, ideally with experience of annuities and LTM
Able to assess materiality of issues and determine appropriate course of action
Strong communication skills with ability to convey complex concepts to team management
Good problem analysis and resolution skills
Good verbal, written communication and interpersonal skills, with the ability to present complex financial concepts in a clear and concise manner
Awareness of the products and services provided by the Group
Detailed working knowledge of relevant business processes
Leadership and influencing skills
Understanding of people resource requirements
Able to manage smaller defined projects with other stakeholders in the company
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