Head of Actuarial Systems

4 weeks ago

Birmingham, Birmingham, United Kingdom Phoenix Group Full time
Job Description

Job Title: Head of Actuarial Systems

Job Type: Permanent

Location: This role could be based in either our Wythall or Edinburgh offices with time spent working in the office and at home.

Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.

Salary and benefits: £120,000 to £150,000 dependent on experience plus 30% bonus up to 60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more

We are seeking to recruit a Head of Actuarial Systems with experience of designing and developing end to end actuarial reporting systems and proficiency in Cloud based Actuarial Valuation platforms to lead our dynamic team

We're currently delivering a significant project to reshape our Actuarial systems landscape and build a more efficient end-to-end process that maximises the use of automation and cloud technology. The Head of Actuarial Systems will be involved leading the transition of this investment

Who are we?

We want to be the best place that any of our 6,800 colleagues have ever worked.

We're the UK's largest long-term savings and retirement business. We offer our 12 million customers products across our market-leading brands, including Standard Life, SunLife and ReAssure, with c.£259 billion of assets under administration. We're a FTSE 100 organisation that is tackling key issues such as transitioning our portfolio to net zero by 2050, and we're not done yet.

The role

We are seeking a talented Head of Actuarial Systems with experience of designing and developing end to end actuarial reporting systems and proficiency in cloud based actuarial valuation platforms to lead our dynamic team.

We're currently delivering a significant project to transform our actuarial systems landscape to improve our end to end reporting capability, utilising the latest cloud technologies to automate our reporting processes across Solvency II and IFRS external reporting as well as internal management information. You will have the unique opportunity to shape and own these systems capabilities, which include enhancing our capability on the Integrate MG-ALFA liability cashflow model and actuarial modelling platform and self-building several key valuation and reporting capabilities. Examples include assumptions management, manuals automation, capital calculation engine, and balance sheet and P&L production.

You will work with system Actuarial Product Owners to define, implement and maintain the Actuarial Systems Strategy in support of the LifeCo and group project agenda. You will also work with Senior Leadership in Actuarial and Finance to manage and prioritise the inbound demand for change and development from projects and BAU teams.Establishing strong relationships across the business the role will lead and develop the Actuarial Systems teams as well as establish and embed best practice standards across systems design, development, testing and deployment

What are we looking for?

A senior qualified Actuary or equivalent by experience you will have a proven track record in successfully leading an Actuarial Systems team. You will have demonstrable leadership and influencing skills as well as excellent problem analysis and resolution skills.

You will ideally have a proven background in designing and developing end-to-end actuarial reporting systems, who is proficient in cloud-based actuarial valuation platforms. You will be responsible for leading the transition of our investment into your BAU team, embedding a continuous improvement culture to drive the on-going evolution of our actuarial systems capability in the future.

We are looking for someone with a strong background in designing and developing end-to-end actuarial reporting systems, who is proficient in cloud-based actuarial valuation platforms. You will be responsible for leading the transition of our investment into your BAU team, embedding a continuous improvement culture to drive the on-going evolution of our actuarial systems capability in the future.

We want to hire the whole version of you.

We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we've advertised and you believe that you can bring value to the role, we'd love to hear from you.

If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.

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