Senior Actuary

Found in: Jooble UK C2 - 3 weeks ago

Potters Bar Hertfordshire, United Kingdom Canada Life Full time

Job Title: Senior Actuary (BPA Pricing) Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
Successful applicants will be responsible for providing pricing recommendations and working with the wider BPA team to achieve annual new business targets.
Responsible for quotations and providing pricing recommendations for bulk annuity buy-ins and buy-outs- Liaising with investment front office to identify suitable assets to support bulk annuity transactions- Team working with reinsurance actuaries to ensure reinsurance appropriately incorporated within quotations- Reviewing legal agreements and contributing to contract negotiations with external stakeholders- Supporting business development and relationship management- Contributing to the development of Canada Life’s pricing bases and pricing models that adhere to Canada Life’s risk tolerances and are scalable for future growth- Managing stakeholders and ensuring compliance with risk governance- Keeping abreast of industry issues and developments to ensure the business processes and strategies are in line with the industry- Provide appropriate support to managers and others to implement recommendations/facilitate change to support the requirements of the business
Strong knowledge of UK Defined Benefit pensions - Familiarity with bulk annuity market and products- Understanding of capital modelling and profit testing- Experience of managing stakeholders- Strong communication skills (able to communicate technical issues to senior people including non-actuaries)- Understanding and ability to implement/maintain an actuarial control framework- Qualified actuary
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.
We care about doing the right thing for our people, customers and community and helping others to build better futures. We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.
Diversity and inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.

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