Senior Actuary

1 week ago

Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full time
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.

There is an opportunity for a qualified actuary to join the BPA (Bulk Purchase Annuity) Proposition and Projects team.

The role is to ensure that the proposition strategy and arrangements are appropriately implemented within BPA business unit. It will involve building relationships with external parties and working with colleagues across the Company.

Responsible for implementation of proposition changes in BPA and communication of these assumptions to key stakeholders (e.g., Propositions & Projects Director BPA, Business Development Director, Head of BPA Proposition, BPA Managing Director, CFO) and committees in an appropriate manner.


  • Maintain and develop relationships with a wide range of external stakeholders as appropriate e.g. external legal consultants, 3rd party providers etc.
  • Being a subject matter expect for BPA proposition and working with a range of internal departments to make sure arrangements are fully understood and implemented across the business (e.g. residual risks).
  • Contribute fully to the BPA Proposition & Projects team including regular updates at team meetings and training to colleagues as required.
  • Ensuring governance and processes are in place in line with CLL Policies and Standards.
Strong knowledge of UK Defined Benefit pensions

  • Strong negotiation and communication skills (can communicate technical issues to senior people including non-actuaries)
  • Understanding and ability to implement/maintain an actuarial control framework

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.

We provide retirement, investment and protection solutions to 3.

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