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Assistant Manager
2 months ago
Remediation Project Role
Location: Edinburgh/ Bristol
Purpose of Role:
The Actuarial Rectifications Team play a key role in ensuring that policies are managed in line with the policy provisions, policyholders' expectations and FCA requirements.
The key purpose of the role is to provide Actuarial input into Rectification projects, including:
Determining remediation approach, and treatment for non-standard cases.
Ensuring Consumer Duty, cost implications and practical constraints are taken into account when formulating solutions.
Building, performing and checking remediation calculations
Handling project and policy level queries relating to calculations
Writing/reviewing project documentation (e.g. calc specs, audit trail).
Key competencies, knowledge & skills:
Strong Excel skills essential, Access/VBA preferable but not essential
Strong technical ability in analysing problems, determining solutions and specifying calculations
Partly-qualified or qualified Actuary
Life/Pensions/Investment product knowledge preferred but not essential
Project delivery experience preferred
Effective written and verbal communication skills
Strong stakeholder management and influencing skills
Attention to detail
