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Summary of role
The core duties of the role involve preparing and submitting a range of reporting metrics and supporting other actuarial work within the department. It would suit an individual who is looking to broaden their commercial experience within a life insurance setting. Working as part of a small actuarial reporting team, the candidate will take responsibility for several end-to-end processes and communication of results to senior management from an early stage. The candidate will be required to work flexibly across a range of other projects, covering areas such as reporting, data analytics and product development, providing the candidate with a breadth and depth of actuarial experience.
In addition, the candidate will be required to assist in the development of data science applications, such as Python and PowerBI. This may be for the purposes of improving processes or performing analyses of large data sets.
The individual will be committed to completing the IFOA qualification.
Key responsibilities and duties
- Work on the delivery of:
- IFRS 17 results on a quarterly basis
- Solvency II results, including capital requirements, on a quarterly basis
- Business Plan and ORSA on an annual basis
- Supporting the ongoing management of the business in other areas as necessary, e.g. model development, experience investigations, pricing, product development and bonus setting
- Development of efficient reporting processes and strict controls around these processes
- Performing investigations using data science applications and presenting the results in an appropriate way for a range of stakeholders
- Communication of results to senior stakeholders
- Recent graduate to part qualified student with an eagerness to broaden experience in Life Insurance.
- Keen to progress with actuarial exams.
- Some familiarity with data science software would be beneficial.
- Life insurance experience welcome but not necessary.
- Experience of actuarial modelling software advantageous
- Experience of using data and analytics software, such as R or Python advantageous
Foresters Financial is not your typical financial services provider. Those who join our purpose-driven organisation enjoy a culture of collaboration, creativity, and mutual respect and are challenged to do their best to make a difference every day. We help everyday families achieve their financial goals and make a lasting difference in their lives and communities.
What we do
We help everyday families achieve their financial goals and make a lasting difference in their lives and communities. We will continue to do this by employing enthusiastic and talented Financial Advisers working across the country and equally talented people to be based at our Head Office in Bromley.
Our Benefits
Work/life balance
Competitive benefits
Flexible/Hybrid working
Pension plan
Bonus
Staff savings
Testimonials
Myra O'Neil
"I've been supported by Foresters in both my professional and career development for over 30 years, from Administrator to Manager. I feel all employees have a strong sense of belonging and take pride in providing excellent customer service."
Andrew Jones
"Foresters Financial is a special place to work because of the people and their passion to deliver our purpose. I love the fact that the customer is at the heart of everything we do, and I am proud of the charity work Foresters do in the communities that we serve."
Pattern N'Guessan
"I am surround by positive and mindful people; whilst regular social activities promote good dynamics amongst staff. There is also ample opportunity for professional development in the form of training as well as exciting projects."
