Group Capital Aggregation Actuary

4 weeks ago

London, Greater London, United Kingdom Legal and General Full time
Company Description

Helping over ten million people around the world manage their savings, retirement plans and life insurance requires a lot of people behind the scenes. It's up to us in L&G Group functions - which includes our tech and digital teams, Group Finance, HR, Risk and Corporate Affairs - to provide the essential support services that all areas of the business need, here in the UK and overseas. Simply put, we enable everyone at Legal & General to do what they do best. That means we're helping to improve our customers' lives and contributing to the success of the business every day.

Job Description

We're recruiting for a Capital Aggregation Actuaryto join our Group Actuarial function, in a role that focuses on aggregating the SCR for both L&G Group and LGAS (Legal & General Assurance Society). We're offering a competitive base salary, car allowance and a host of other great benefits as well as the opportunity to get involved with some interesting capital aggregation work, including the underlying methodologies used to determine SCR.

What you'll be doing:
  • Managing the solvency estimate process for L&G Group and LGAS. Which will include performing appropriate checks on the solvency estimate before it is circulated to identify and carry out development work as required to improve the process and ensure that stakeholder needs are met.
  • Managing the process of aggregating the SCR for L&G Group and LGAS, including preparing Analysis of Change to support validation and provide business insights. You will also validate and explain changes in the diversification benefit achieved by L&G Group over time.
  • Managing the calibration of the Group correlations matrix, operational risk capital for the LGAS entity and operational risk capital held outside of Business Units.This will include monitoring the appropriateness of the methodology used in these calibrations and co-ordinating and consolidating submissions across business units.
  • Supporting L&G Group's response to regulatory exercises, including the Insurance Capital Standard and Life Insurance Stress Testing. This will include liaising with internal stakeholders to ensure that quality and timely submissions are made to regulators.
  • Contributing to the direction of travel for improvements in the team. Using creative thinking to generate ideas to improve results and processes. You will also make professional judgements relevant to complex and developing actuarial matters using expert or specialist actuarial knowledge and work with others both within the team and outside of the team to implement process improvements and model changes to enhance efficiency and/or improve accuracy.
  • Establishing and maintaining relationships with Business Units in order to represent the department appropriately and to recognise the impact and react accordingly to any relevant change, which could impact on own team and departmental processes.
Qualifications

Who we're looking for:
  • Qualified Life Actuary
  • A detailed understanding of SII Principles and how they apply in practice
  • Knowledge of actuarial liability reporting and analysis across various metrics and the ability to identify likely relative movements across these metrics
  • A detailed understanding of financial and insurance risk management, including a deep practical and technical knowledge of the drivers of risk capital
  • Problem solving skills with the ability to apply fresh and creative thinking and to develop new strategies
  • A pragmatic approach with the ability to make sound judgements and appropriate decisions with limited information
  • Ability to be resourceful in resolving the challenges of producing results on time and to the required quality
  • Ability to communicate results in a clear and compelling manner to a range of stakeholders and tailoring this information to meet the needs of the required audience
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
  • The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
  • Generous pension contribution
  • Life assurance
  • Private medical insurance
  • 27 days holiday, plus public holidays. There's also the option to buy and sell holiday
  • Competitive family leave
  • Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
  • There are the many discounts we offer - both for our own products and at a range of high street stores and online
  • In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information

Legal & General is a leading financial services group and major global investor, named Britain's Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.

We aim to build a better society for the long term by investing our customers' money in things that make life better for everyone.

If you join us, you'll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.

We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.

If you're open to find out more, we'd love to hear from you.

  • Group Capital Aggregation Manager

    1 month ago

    London, Greater London, United Kingdom BCT Resourcing Full time

    Job Title:Group Capital Aggregation Manager Location: London HybridCompany OverviewOur client, a global leader in the life insurance industry, is renowned for their innovation and excellence. They are looking for a skilled Group Capital Aggregation Manager to join their esteemed Group team. This team is known for its dynamic, friendly, and highly capable...

  • Group Capital Aggregation Manager

    2 months ago

    London, Greater London, United Kingdom Legal and General Full time

    Company DescriptionHelping over ten million people around the world manage their savings, retirement plans and life insurance requires a lot of people behind the scenes. It's up to us in L&G Group functions - which includes our tech and digital teams, Group Finance, HR, Risk and Corporate Affairs - to provide the essential support services that all areas of...

  • Capital Aggregation Manager

    12 hours ago

    London, Greater London, United Kingdom Legal & General Full time

    Job DescriptionWe are seeking a highly skilled Capital Aggregation Manager to join our Group Actuarial function. This role will focus on aggregating the Solvency Capital Requirement (SCR) for both L&G Group and LGAS (Legal & General Assurance Society).Key Responsibilities:Manage the Solvency Estimate Process: Perform checks on the solvency estimate to...

  • Capital Aggregation Manager

    9 hours ago

    London, Greater London, United Kingdom Legal & General Full time

    Job DescriptionWe are seeking a highly skilled Capital Aggregation Manager to join our Group Actuarial function. This role will focus on aggregating the Solvency Capital Requirement (SCR) for both L&G Group and LGAS (Legal & General Assurance Society).Key Responsibilities:Manage the Solvency Estimate Process: Perform checks on the solvency estimate to...

  • Capital Aggregation Expert

    2 weeks ago

    London, Greater London, United Kingdom Legal & General Full time

    About the Role We are seeking a highly skilled Capital Aggregation Manager to join our Group Actuarial team. This role focuses on aggregating the Solvency Capital Requirement (SCR) for both L&G Group and LGAS (Legal & General Assurance Society). You will play a crucial part in ensuring accurate SCR calculations, analysis, and reporting, contributing to the...

  • Capital Aggregation Strategy Manager

    3 weeks ago

    London, Greater London, United Kingdom Legal & General Full time

    Job Overview We are seeking a Capital Aggregation Manager to oversee our Group Actuarial division, focusing on the aggregation of the Solvency Capital Requirement (SCR) for both L&G Group and LGAS (Legal & General Assurance Society). This role offers a competitive salary, car allowance, and a range of attractive benefits, along with the chance to engage...

  • Capital Risk Aggregation Specialist

    3 weeks ago

    London, Greater London, United Kingdom Legal & General Full time

    Job Overview We are seeking a Capital Risk Aggregation Specialist to enhance our Group Actuarial division, focusing on the aggregation of Solvency Capital Requirements (SCR) for both L&G Group and LGAS (Legal & General Assurance Society). This role offers a competitive salary, car allowance, and a range of benefits, alongside the chance to engage in...

  • Capital Risk Aggregation Specialist

    3 weeks ago

    London, Greater London, United Kingdom Legal & General Full time

    Job Overview We are seeking a skilled Capital Aggregation Manager to enhance our Group Actuarial team, focusing on the consolidation of the Solvency Capital Requirement (SCR) for both L&G Group and LGAS (Legal & General Assurance Society). This role offers a competitive salary, car allowance, and a comprehensive benefits package, alongside the chance to...

  • Actuarial Expert

    7 days ago

    London, Greater London, United Kingdom Eames Consulting Full time

    Senior Actuary - Solvency II Capital ManagementEames Consulting is seeking a highly skilled Senior Actuary to lead the management of Solvency II capital for our organization.This is an exceptional opportunity to develop your technical expertise, collaborate with key stakeholders, and contribute to the company's success.Key Responsibilities:Manage the...

  • Actuarial Expert

    4 days ago

    London, Greater London, United Kingdom Eames Consulting Full time

    Senior Actuary - Solvency II Capital ManagementEames Consulting is seeking a highly skilled Senior Actuary to lead the management of Solvency II capital for our organization.This is an exceptional opportunity to develop your technical expertise, collaborate with key stakeholders, and contribute to the company's success.Key Responsibilities:Manage the...

  • Actuarial Expert

    3 days ago

    London, Greater London, United Kingdom Eames Consulting Full time

    Senior Actuary - Solvency II Capital ManagementEames Consulting seeks a seasoned Actuary to spearhead Solvency II capital management for one of the UK's largest and most respected companies.This is an exceptional opportunity to develop technical skills, collaborate with key stakeholders, and contribute to the company's success.Key Responsibilities:Manage SCR...

  • Actuarial Expert

    7 days ago

    London, Greater London, United Kingdom Eames Consulting Full time

    Senior Actuary - Solvency II Capital ManagementEames Consulting seeks a seasoned Actuary to spearhead Solvency II capital management for one of the UK's largest and most respected companies.This is an exceptional opportunity to develop technical skills, collaborate with key stakeholders, and contribute to the company's success.Key Responsibilities:Manage SCR...

  • Senior Capital Actuary

    4 days ago

    London, Greater London, United Kingdom The Emerald Group Full time

    **Capital Modelling Expert Wanted for The Emerald Group**We are seeking a highly skilled Capital Modelling Expert to join our Actuarial team at The Emerald Group. As a Senior Capital Actuary, you will play a key role in supporting our business through capital modelling, working closely with our Head of Capital Modelling, Chief Actuary, and wider Actuarial...

  • Senior Capital Actuary

    4 days ago

    London, Greater London, United Kingdom The Emerald Group Full time

    **Capital Modelling Expert Wanted for The Emerald Group**We are seeking a highly skilled Capital Modelling Expert to join our Actuarial team at The Emerald Group. As a Senior Capital Actuary, you will play a key role in supporting our business through capital modelling, working closely with our Head of Capital Modelling, Chief Actuary, and wider Actuarial...

  • Pensions Actuary

    4 days ago

    London, Greater London, United Kingdom The Actuary Group Full time

    About the RoleThe Actuary Group is seeking a highly skilled Pensions Actuary to join our team as a Longevity and Reinsurance Actuary. As a key member of our team, you will be responsible for providing expert advice and guidance on longevity and reinsurance matters to our clients.Key ResponsibilitiesLead projects related to longevity, assumption setting,...

  • Pensions Actuary

    4 days ago

    London, Greater London, United Kingdom The Actuary Group Full time

    About the RoleThe Actuary Group is seeking a highly skilled Pensions Actuary to join our team as a Longevity and Reinsurance Actuary. As a key member of our team, you will be responsible for providing expert advice and guidance on longevity and reinsurance matters to our clients.Key ResponsibilitiesLead projects related to longevity, assumption setting,...

  • Senior Capital Actuary

    5 days ago

    London, Greater London, United Kingdom The Emerald Group Full time

    **Job Summary**The Emerald Group is seeking a highly skilled Senior Capital Actuary to join our Actuarial team. As a key member of our team, you will be responsible for supporting the Head of Capital Modelling, Chief Actuary, and Senior Management through capital modelling.**Key Responsibilities**Develop and enhance capital modelling capabilities for the...

  • Capital Actuary

    2 months ago

    London, Greater London, United Kingdom Everest Insurance Full time

    Title:Capital ActuaryCompany:Everest Advisors (Uk), Ltd.Job Category:AnalyticsJob Description:About Everest:Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our...

  • Senior Capital Actuary

    15 hours ago

    London, Greater London, United Kingdom The Emerald Group Full time

    Job SummaryThe Emerald Group is seeking a highly skilled Senior Capital Actuary to join our team. As a key member of our Actuarial team, you will be responsible for supporting the Head of Capital Modelling, Chief Actuary, and Senior Management through capital modelling.Key ResponsibilitiesCapital Modelling: Develop and enhance capital modelling capabilities...

  • Senior Capital Actuary

    1 day ago

    London, Greater London, United Kingdom The Emerald Group Full time

    Job SummaryThe Emerald Group is seeking a highly skilled Senior Capital Actuary to join our team. As a key member of our Actuarial team, you will be responsible for supporting the Head of Capital Modelling, Chief Actuary, and Senior Management through capital modelling.Key ResponsibilitiesCapital Modelling: Develop and enhance capital modelling capabilities...