Finance Administrator
1 month ago
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.
We’re recruiting for an Actuary to join usas a Financial Control Manager. We’re offering a competitive base salary, plus car allowance (if fully qualified under the IFoA or equivalent) and a host of other fantastic benefits.
The Financial Control team are responsible for reviewing and assessing processes to ensure an appropriate control environment is maintained across the Legal & General Group. In this role youwill be responsible for supporting the Financial Control Lead and Senior Managers so that the Financial Control Framework (FCF) is operating effectively and efficiently across the annual reporting cycle. This will require ongoing engagement with stakeholders from various divisions and functions, including senior Divisional and Group Finance teams.
Operating as an Actuarial control expert for the L&G Group to ensure that Actuarial Financial Reporting areas are appropriately reviewed and challenged in understanding the impacts of the control framework. This will include providingsupport and training to other members of the Financial Control team and key stakeholders within the Group.
Ensuringcompletion of the FCF requirements with respect to walkthrough performance and the Design & Operating Effectiveness of actuarial processes, this will include:-- Theidentification of relevant risks and controls. -The completion of final risk and control risk lists. -Risk Assessment Validation - Including the agreement and rating of deficiencies, as well as associated remediation plans. Supporting the review of significant models and EUCs as appropriate in order to provide assurance to the Group Model and Financial Control Committee.
Demonstrable IFRS17 and Audit experience.
A broad understanding of the Legal & General Group and its products.
Strong understanding of actuarial processes for protection and retirement businesses.
Experience of financial reporting risk and control frameworks is preferable, but not a key requirement.
Strong conceptual and practical understanding of the risks and processes associated with insurance and asset management businesses.
Ability to critically challenge technical requirements and to think outside the box to find innovative, practical and commercial solutions to problems.
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
~ Generous pension contribution
~ Life assurance
~ Private medical insurance (permanent employees only)
~27days 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
~ Legal & General is a leading financial services organisation, 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’re one of the world's largest asset managers, homebuilders, pension providers and insurers. 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. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
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