Actuarial Analyst

3 weeks ago

London, Greater London, United Kingdom PIC Full time
Our Reporting & Financial Management department is growing here at Pension Insurance Corporation, and we are recruiting for an Actuarial Analyst to join us in our Actuarial Reporting team.

As an organisation, we are undergoing an extended period of growth and change across our business, which provides significant opportunity for you as an Actuarial Analyst to implement cutting-edge initiatives that will change how the Actuarial Reporting team works; significant investment is being made by the business into our Finance function system capabilities, in particular, enhanced actuarial systems and automation tools.

Our Actuarial Reporting team ensures that the monthly and semi-annual actuarial reporting is prepared in a timely and accurate manner and that these are appropriately analysed, explained, and communicated both within PIC, and externally, providing support for ad hoc actuarial investigations and projects as necessary.

As an Actuarial Analyst, your role will entail:
  • Support the preparation of internal monthly reporting and analysis, including information for year-end and half-year reports
  • Support the preparation of information for use in hedging, forecasting and planning
  • Identify and support the implementation of improvements to the reporting processes
  • Ensure controls and reviews are followed, following up with senior team members if there are any issues
  • Ensure documentation is kept up to date
  • Support the Head of Actuarial Reporting in other ad hoc actuarial investigations and other projects as they arise
On joining us, whilst you will initially join our Actuarial Reporting team, you will be provided with opportunities to explore our business by working in various teams within our wider Finance department through our Actuarial Rotation Programme, for example our Automation & Insight and Business Planning & Forecasting teams. You will also be supported to gain your professional actuarial qualification with the Institute and Faculty of Actuaries ("IFoA").

Requirements

Essential:
  • Demonstrated ability to make progress with the actuarial exams towards Fellowship of the Institute & Faculty of Actuaries
  • Strong numerical and analytical skills. In particular, analysis and investigation of financial results from actuarial models
  • Good communication skills, in particular, the ability to convey messages behind financial impacts to senior actuaries and other management
  • Excel skills to advanced level
Desirable:
  • Financial reporting knowledge in a UK life insurance environment
  • Knowledge of UK DB pensions and/or bulk annuities
  • Competence in use of actuarial modelling software, e.g. RAFM
  • Competence in Word, PowerPoint, etc.
  • Management of complex processes, ensuring that outcomes are correct and timely
Benefits

In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you'll have full study support to qualify as an actuary and will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.

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