Actuarial Analyst

7 days ago

South East England, United Kingdom Canada Life Group (UK) Ltd (The) Full time

Job closing date: 12th January 2025
Location: Can be located in the London, Potters Bar, Bristol office (there is an expectation of minimum 2 days per week to be in an office)
Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.
Canada Life UK are currently recruiting for a Senior Actuarial Analyst to report into the newly established Reinsurance Operations Team.
As a Senior Actuarial Analyst, you will be responsible for providing actuarial and statistical analysis for your department and the wider business. This position is not part of the Canada Life actuarial student scheme.
Support analysis of results
2) Analysis and Testing:
- Produce statistical analysis for the actuarial function to comply with internal and external reporting standards, with occasional support from more senior colleagues.
Support the continuous review and improvement of the department's processes, systems and controls to ensure the provision of accurate, timely and efficient levels of service by testing and developing actuarial modelling systems, processes, spreadsheets and other reporting tools.
- Ability to produce accurate analysis with an appropriate audit trail
• Intermediate to advanced MS excel skills demonstrating efficient use of spreadsheets and basic data manipulation skills
• Ability to develop and modify actuarial systems and spreadsheets to improve efficiency
• Strong analytical and report writing/drafting skills.
• Can explain complexities in a straightforward and accurate way with coaching or support from senior managers.
Relationship Building:
• The ability to develop and maintain strong relationships across the actuarial function, acting with integrity and role modelling the company values at all times .
• Being able to flex their style and approach to different individuals, with occasional coaching and support, in order to achieve a successful outcome.
Able to effectively plan, organise and execute their own work with little supervision, making management aware of conflicting priorities and readjusting their workload accordingly.
• Can make some decisions independently in order to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated.
An interested and inquisitive individual who is committed to their own ongoing professional and personal development.
• Developing the ability to apply technical actuarial techniques and understand business/commercial implications.
May have commenced and since stopped study towards actuarial qualification.
This position does require experience of working within an actuarial team and ideally some reinsurance experience, but not essential.
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.
We care about doing the right thing for our people, customers and community and helping others to build better futures. We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That's why we offer a range of training, flexible working and opportunities to grow and develop.
Diversity and inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all." We're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.

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