Actuary

2 months ago


Potters Bar, United Kingdom Irish Life Full time

**Location**:Potters Bar, GB**Company**:CLFIS Limited**Description**:
**Location: Potters Bar, London, Bristol or Isle of Man (Hybrid working options available)**

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.- At Canada Life, we share one common purpose - to help build better futures for our customers and each other. That’s why we invest in the development of our people, technology and workplaces.- We have over 1,550 colleagues working together across 5 locations - including those working virtually. Potters Bar, our largest site, has over 600 colleagues. We also have teams based in Bristol, Isle of Man and Central London.**Job Purpose**
To support the delivery of a comprehensive, accurate and timely actuarial modelling production service across CLUK in respect of both the Insurance and Wealth Management business units across a portfolio including Individual and bulk purchase annuities, Individual and Group Protection, Equity Release Mortgage, Onshore and Offshore Bond, SIPP, ISA and GIA products to meet all statutory and regulatory needs.
- The role holder will provide effective management of a number of actuarial trainees and analysts within the actuarial modelling team, with a focus on the development and motivation of the team in order to optimise overall team performance.
- This actuarial modelling production service includes the valuation of policy liabilities, cash flow matching for ALM purposes, modelled asset valuations and the calculation of regulatory capital requirements in respect of both UK and Canadian reporting regimes under both “base” and “stress” conditions.

**Key Accountabilities**
- Support the delivery of a comprehensive, accurate and timely actuarial modelling production service across CLUK in respect of both the Insurance and Wealth Management business units across a portfolio including Individual and bulk purchase annuities, Individual and Group Protection, Equity Release Mortgage, Onshore and Offshore Bond, SIPP, ISA and GIA products to meet all statutory and regulatory needs.
- Contribute to the production and validation of actuarial data across CLUK in respect of the valuation of actuarial policy liabilities, cash flow matching for ALM purposes, modelled asset valuations and the calculation of regulatory capital requirements in respect of both UK and Canadian reporting regimes under both “base” and “stress” conditions on a quarterly basis.
- This includes updates to assumptions, market and customer data and data validation, model point creation, liabilities and assets value calculations, projections of assets and liabilities to also enable completion of numerous reporting templates and analyses including Profit & Loss attribution and other sensitivities, and testing updates to inputs, processes and systems.
- Provide effective management of a small team of actuarial trainees and analysts. Manage, develop and motivate the team in order to optimise the performance of the team.
- Provide direction and guidance to the more junior staff to ensure all tasks are understood and appropriate processes and guidelines are followed.
- Provide training and develop the skills and knowledge of the team (including providing opportunities for obtaining CPD) so that they have the expertise to achieve the business requirements.
- Plan the work of the team to deliver timely results in a highly controlled, compliant regulatory environment taking account of both regular scheduled activities and adhoc business and key stakeholder requirements.
- Responsible for the modelling and validation of actuarial data across CLUK in respect of the valuation of actuarial policy liabilities, cash flow matching for ALM purposes, modelled asset valuations and the calculation of regulatory capital requirements in respect of both UK and Canadian reporting regimes under both “base” and “stress” conditions to meet additional annual reporting requirements.
- This includes updates to assumptions, market and customer data, data validation, model point creation, liabilities and assets value calculations, projections of assets and liabilities. Enabling the completion of additional reporting templates and sensitivity analyses across all bases and to support the annual ORSA (Own Regulatory and Solvency Assessment), annual basis reviews as well as other modelling runs required on an adhoc basis to support projects and key stakeholder needs.
- Proactively seek opportunities for process development and improvement, and implementation of model changes.
- Manage a strong control environment across the modelling process which is supported by appropriate key risk indicators; recommend and implement improvements to quality and speed across the end to end modelling process
- Maintain up to date pro



  • Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full time

    Job Title: Actuarial ProfessionalCanada Life Limited is seeking a highly skilled Actuarial Professional to join our team. As an Actuarial Professional, you will play a key role in supporting the Annuities Valuation team in managing the team responsible for calculating statutory reserves and capital for the UK Annuities Business.Key...


  • Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full time

    Job Title: Actuarial ProfessionalCanada Life Limited is seeking a highly skilled Actuarial Professional to join our team. As an Actuarial Professional, you will play a key role in supporting the Annuities Valuation team in managing the team responsible for calculating statutory reserves and capital for the UK Annuities Business.Key...

  • Actuary

    2 months ago


    Potters Bar, United Kingdom Canada Life Limited Full time

    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. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom...

  • Actuary

    1 month ago


    Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full time

    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. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom...

  • Actuary

    2 months ago


    Potters Bar, United Kingdom Canada Life Limited Full time

    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. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom...


  • Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full time

    Canada Life Limited is a prominent organization specializing in retirement, investment, and protection solutions. As a part of Great-West Lifeco, we have a rich history of serving clients in the UK for over a century. Our commitment lies in delivering a customer-focused approach, providing expertise in financial planning, home finance, annuities, and...

  • Senior Actuary

    2 months ago


    Potters Bar, United Kingdom Irish Life Full time

    **Location**:Potters Bar, GB**Company**:CLFIS Limited**Description**: - 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.- Part of our parent...


  • Potters Bar, Hertfordshire, United Kingdom CLFIS Limited Full time

    Position: Senior Actuarial Analyst at CLFIS LimitedCLFIS Limited is committed to addressing the retirement, investment, and protection requirements of individuals, families, and enterprises. As part of a larger financial services group, we have been serving clients with dedication and expertise.We are currently enhancing our focus on customer service by...

  • Actuarial Trainee

    3 months ago


    Potters Bar, United Kingdom Irish Life Full time

    **Location**:Potters Bar, GB**Company**:CLFIS Limited**Description**: - 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.- Part of our parent...

  • Actuarial Trainee

    3 months ago


    Potters Bar, United Kingdom Canada Life Full time

    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. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom...

  • Actuarial Trainee

    3 months ago


    Potters Bar, United Kingdom Canada Life Full time

    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. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom...

  • Actuarial Analyst

    5 days ago


    Potters Bar, Hertfordshire, United Kingdom Canada Life Group (UK) Ltd (The) Full time

    Job SummaryWe are seeking a qualified actuary to join our Annuities Valuation team as a key member of our Finance Accounting & Reporting department. The successful candidate will provide support to the Team Leader in managing the team responsible for calculating statutory reserves and capital for the UK Annuities Business.Key ResponsibilitiesCalculation,...


  • Potters Bar, Hertfordshire, United Kingdom Canada Life Group (UK) Ltd (The) Full time

    Join Our Team as a Lead Actuarial ConsultantAbout Canada Life Group (UK) Ltd: We are dedicated to addressing the retirement, investment, and protection requirements of individuals, families, and businesses. Our mission is to foster improved futures for our clients, partners, and workforce by functioning as a contemporary, flexible, and inclusive...


  • Potters Bar, Hertfordshire, United Kingdom CLFIS Limited Full time

    Position: Lead Actuarial Trainee at CLFIS LimitedCLFIS Limited is committed to addressing the retirement, investment, and protection requirements of individuals, families, and enterprises. As part of a larger financial services group, we have been serving clients with dedication and expertise.Our organization is currently evolving to enhance our...


  • Potters Bar, Hertfordshire, United Kingdom CLFIS Limited Full time

    Job Title: Senior Actuarial Trainee at CLFIS LimitedCLFIS Limited is committed to addressing the retirement, investment, and protection requirements of individuals, families, and businesses. As part of a larger organization, we have been dedicated to serving our clients with a team of skilled professionals.Our company is currently undergoing a transformation...


  • Potters Bar, Hertfordshire, United Kingdom CLFIS Limited Full time

    **Job Summary**CLFIS Limited is seeking a highly skilled and experienced Qualified Actuary to join their Business Process Automation (BPA) team. This role is ideal for a newly qualified Actuary with experience in BPA who is looking to take their career to the next level.**Key Responsibilities**Review and approve deferred member option calculations to ensure...


  • Potters Bar, Hertfordshire, United Kingdom CLFIS Limited Full time

    **Job Summary**CLFIS Limited is seeking a highly skilled and experienced Qualified Actuary to join their Business Process Automation (BPA) team. This role is ideal for a newly qualified Actuary with experience in BPA who is looking to take their career to the next level.**Key Responsibilities**Review and approve deferred member option calculations to ensure...

  • Senior Actuary

    3 months ago


    Potters Bar, United Kingdom Canada Life Limited Full time

    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. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom...

  • Senior Actuary

    3 months ago


    Potters Bar, United Kingdom Canada Life Limited Full time

    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. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom...

  • Senior Actuary

    3 months ago


    Potters Bar, United Kingdom Canada Life Limited Full time

    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. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom...