Capital Methodology Actuary
3 weeks ago
Job Description Summary
People are living longer than ever before, and we’re excited by the opportunities this brings. As a purpose-led business, we’re focused on supporting our customers as they navigate through new stages of their lives and all the moments that matter. We’re here for everyone who wants to make the most of their time on the planet and leave it a little better than they found it - however grand or humble their ambitions. Working at Aegon, you’ll play an important part in helping achieve this. We have three behaviors that are central to how we operate as a team and a business: we step up, we tune in and we’re a force for good.
**Job Description**:
We have an exciting opportunity for a Capital Methodology Actuary to join our Capital Methodology Team. Reporting to the Head of Capital Methodology, you will play a vital role in delivering initiatives designed to transform and elevate capital methodology and assumption setting in Aegon.
The Role
The purpose of the role is to support the development, maintenance, validation and implementation of the methodology underpinning Aegon UK’s Solvency II Internal Model; and to undertake experience analysis and recommend updates to the best estimate assumptions underpinning the Solvency II technical provisions.
Key responsibilities
As Capital Methodology Actuary you’ll be responsible for:
- Supporting the development of Aegon UK’s aggregation methodology including proxy models, dependency assumptions and integration into the capital aggregation tool.
- Developing and maintaining other areas of our Solvency II methodology relating to technical provisions, solvency capital requirement (including underwriting, operational and pension scheme risks), risk mitigation techniques and future management actions.
- Undertaking experience analysis and developing recommendations for best estimate non-economic assumption for Solvency II and IFRS 17, presenting the recommendations to senior management.
**Skills**:
You’ll be a fully qualified actuary with the following skills:
- The ability to plan and prioritise effectively.
- Self-motivated with a strong sense of responsibility and ownership.
- Strong numerical, analytical and actuarial ability
- The ability to analyse data, fit models and exercise judgement in order to make recommendations with clarity and conviction.
- Strong written and verbal communication skills, with the ability to communicate effectively with key stakeholders.
Knowledge
You’ll have a good understanding of:
- the different statistical distributions and techniques that may be used to fit and aggregate loss models across different types of risk exposure.
- proxy modelling techniques.
- the impact of financial markets and other external factors on solvency.
- the requirements of Regulatory (PRA) reporting and rules.
- stochastic modelling techniques and valuation of guarantees.
- Solvency II rules.
How we look after you
Outside of a competitive salary, working with us comes with a range of benefits that you can access from day one, including:
- Non-contributary pension between 8-12%
- Life assurance cover
- Private medical cover and health assessments
- Access to
- Peppy
- a digital health app for employees of all genders with a range of support covering areas such as general health, menopause, fertility, baby etc
- Critical Illness cover
- A suite of enhanced parental leave policies to support you in the moments that matter
- Holiday trading
- Private GP appointments with Doctor at Hand
- Cycle2Work scheme
- 2 paid days per year for charitable volunteering
- Employee wellbeing is key to our culture. We offer a range of online classes to support this, including yoga and meditation
We champion a collaborative, supportive working environment where you’ll have the opportunity to develop yourself and your career in a way that works for you. Our reward programmes encourage peer-to-peer recognition, and we offer a discretionary annual bonus dependent on company and individual performance.
How we look after the community and the environment
Aegon supports local causes that align with our purpose and ambitions. Our goal is to serve and strengthen the communities where we do business and create a better quality of life for everyone. Our employees are encouraged to support charities they feel passionate about and are offered volunteering days.
Responsible investment is a key element of Aegon’s company-wide approach to sustainability. Aegon is committed to Environmental, Social and Governance (ESG) investing, we have over 30 years' experience managing responsible investments and offer over 200 responsible investment options across our platforms.
Flexible working
We’ve adopted a hybrid environment of remote and office working, so it’s important that you live within a commutable distance to our offices.
We know that people have busy lives and commitments outside of work, so we offer flexible work arrangements wher
-
Actuarial Analyst
3 days ago
Edinburgh, Edinburgh, United Kingdom MAZARS LIMITED Full timeMazars is an engine for rapid and consistent career progression, offering individually designed career paths that help you pursue your interests, match your changing needs, and explore your true potential. We work with diverse, prestigious clients across a range of sectors and geographies, giving you the opportunity to constantly update and grow your skills...
-
Risk Actuary
4 weeks ago
Edinburgh, United Kingdom Star Actuarial Futures Full time**Risk Actuary**: Reference: Star8681 Posted: 23/02/2024 - £ depending on experience - Edinburgh / hybrid 2 days p/w office-based - Permanent - Life Are you a qualified life actuary with knowledge of financial markets alongside geopolitical and regulatory risks? Then this is an exciting opportunity to join the prudential risk team of a major firm. In...
-
Actuarial Analyst
1 week ago
Edinburgh, United Kingdom Mazars in UK Full timeMazars is an engine for rapid and consistent career progression, offering individually designed career paths that help you pursue your interests, match your changing needs, and explore your true potential. We work with diverse, prestigious clients across a range of sectors and geographies, giving you the opportunity to constantly update and grow your skills...
-
Actuarial Specialist
7 days ago
Edinburgh, United Kingdom BCT Resourcing Full timeCompany client partnered with a Life Insurer in Scotland in their search for an Actuarial Specialist. The client have gone through an exciting time of change of restructure and have ambitious growth plans for the next two years. The team are also responsible for business planning and capital reporting. The client offer a hybrid working pattern and can also...
-
Actuarial Analyst
2 weeks ago
Edinburgh, United Kingdom MAZARS LIMITED Full timeMazars is an engine for rapid and consistent career progression, offering individually designed career paths that help you pursue your interests, match your changing needs, and explore your true potential. We work with diverse, prestigious clients across a range of sectors and geographies, giving you the opportunity to constantly update and grow your skills...
-
Actuarial Analyst
2 weeks ago
Edinburgh, United Kingdom MAZARS LIMITED Full timeMazars is an engine for rapid and consistent career progression, offering individually designed career paths that help you pursue your interests, match your changing needs, and explore your true potential. We work with diverse, prestigious clients across a range of sectors and geographies, giving you the opportunity to constantly update and grow your skills...
-
Nearly/newly Qualified Life Actuary
1 month ago
Edinburgh, United Kingdom Oliver James Associates Full timeA major UK life insurer is recruiting for the actuarial division within their risk function. With a focus on investments, capital and asset liability management, your work will involve: - ORSA - Assumptions reviews - Experience Analysis - Business planning The Oliver James Recruitment team has partnered with this business to find an actuary with experience...
-
Actuarial Manager
4 weeks ago
Edinburgh, United Kingdom KPMG Full timeJob description Qualified Actuarial Consultants - Non- Life Reserving Base Location: London, Manchester and Edinburgh plus network of 20 offices nationally: The KPMG Actuarial Consulting function is a cornerstone of our business. Operating from our major UK offices we do work that matters, serving the country with diligence and expertise. KPMG...
-
Actuarial Manager
4 weeks ago
Edinburgh, United Kingdom KPMG-UnitedKingdom Full timeJob description Qualified Actuarial Consultants - Non- Life Reserving Base Location: London, Manchester and Edinburgh plus network of 20 offices nationally: The KPMG Actuarial Consulting function is a cornerstone of our business. Operating from our major UK offices we do work that matters, serving the country with diligence and expertise. KPMG is one...
-
Actuary (Defined Benefit)
1 week ago
Edinburgh, United Kingdom Royal London Full timeJob Title: Actuary (Defined Benefit pensions) Contract Type: Permanent Location: Edinburgh, London, or Alderley Edge Working style: Hybrid 50% home/ office based Closing date: 24th May 2024 An exciting opportunity has arisen to join our Product Commercials team on a permanent basis. The team is focused on managing the pricing and...
-
Actuary- Finance Change
1 week ago
Edinburgh, United Kingdom M&G CWS Full timeAMS is the world's leading provider of Talent Acquisition and Management Services. Our contingent Workforce Solutions (CWS) service partner with M&G to support contingent recruitment processes. On behalf of M&G, AMS are looking for an Actuary - Finance Change , an initial 6-month contract based in Edinburgh/Stirling or can be London based. It is a...
-
Actuary- Finance Change
3 days ago
Edinburgh, United Kingdom M&G Full timeM&G have a vision to become the best loved and most successful savings and investment business. They are looking for people who are excited about joining them on their journey. They are digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for their customers. To...
-
Actuary- Finance Change
1 week ago
Edinburgh, United Kingdom M&G Full timeM&G have a vision to become the best loved and most successful savings and investment business. They are looking for people who are excited about joining them on their journey. They are digitally transforming and investing heavily in technology and innovation to develop new and improved customer propositions that really raise the bar for their customers. To...
-
Group Sii Reporting Manager
4 weeks ago
Edinburgh, United Kingdom eFinancialCareers Full timeAt M&G our purpose is **to **help people manage and grow their savings and investments, responsibly.** As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clientsand identifying new opportunities to make a positive impact for our environment and communities. To help us...
-
Senior Pension Data Management Analyst
1 week ago
Edinburgh, United Kingdom Aptia Full timeAptia is a new force in the employee benefits and pensions administration services, on a mission to change the world of administration for the better.In an underserved market, with huge potential for growth, Aptia will serve 1,100 clients in the US and UK markets and will be supported by shared services in India and Portugal - helping more than seven million...
-
Senior Solution Architect
1 week ago
Edinburgh, United Kingdom Version 1 Full timeJob Description Version 1 are a AWS Premier Consulting Partner, which is the highest tier of AWS Partnership available. You will be working for the AWS Practice which consists of some of the best Architects, DevOps Engineers and Consultants. The customer engagements are varied and the exposure to cutting-edge technologies is always present. You...
-
Project Manager
4 weeks ago
Edinburgh, United Kingdom CAPCO Full timeProject Manager - Financial Services / Life & Pensions at Capco UK - Edinburgh Joining Capco means joining an organisation that is committed to an inclusive working environment where you’re encouraged to #BeYourselfAtWork. We celebrate individuality and recognize that diversity and inclusion, in all forms, is critical to success. It’s important...
-
Project Manager
1 month ago
Edinburgh, United Kingdom Capco Full timeJoining Capco means joining an organisation that is committed to an inclusive working environment where you’re encouraged to #BeYourselfAtWork. We celebrate individuality and recognize that diversity and inclusion, in all forms, is critical to success. It’s important to us that we recruit and develop as diverse a range of talent as we can and we believe...
-
Senior Temporaries Consultant
4 weeks ago
Edinburgh, United Kingdom Turner & Townsend Group Full timeTurner & Townsend is a leading global consultancy across the real estate, infrastructure and natural resources sectors. We’re passionate about making the difference, transforming performance on the world’s most impactful programmes for a green, inclusive and productive world. That means delivering better outcomes for our clients, helping our people to...
-
Temp Consultant
3 weeks ago
Edinburgh, United Kingdom Turner & Townsend Group Full timeTurner & Townsend is a leading global consultancy across the real estate, infrastructure and natural resources sectors. We’re passionate about making the difference, transforming performance on the world’s most impactful programmes for a green, inclusive and productive world. That means delivering better outcomes for our clients, helping our people to...