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Actuary (AFS) Specialist

2 months ago

London, Greater London, United Kingdom Canada Life Limited Full time
Job Title: Actuary (AFS)

We are seeking an experienced Actuary (AFS) to join our team at Canada Life Limited. As an Actuary (AFS), you will play a critical role in supporting the delivery of core oversight tasks of the Actuarial Function.

Key Responsibilities:
  • Support the delivery of core oversight tasks of the Actuarial Function, including validation and oversight of the calculation of actuarial liabilities and the actuarial oversight of pricing, underwriting, and reinsurance.
  • Oversee the Canada Life Limited Partial Internal Model (PIM) methodology, PIM calibration, and 1st line validation of PIM.
  • Ensure PIM governance and processes are maintained and operate effectively.
  • Deliver high-quality and effective PIM reporting to meet the needs of senior management and the Board.
  • Support the Head of Actuarial Function Oversight and Partial Internal Model (Head of AFS & PIM) and Actuarial Function Holder (AFH) in their responsibilities to establish and maintain the actuarial governance processes and to provide overview and challenge to actuarial deliveries and to the broader activities of the business as appropriate.
Requirements:
  • Developing expertise in 1 or more areas within the function, demonstrating sound understanding of complex statistical methods and models with the ability to interpret financial information and controls to accurately advise stakeholders to inform their decisions.
  • Validating the work of non-qualified and other recently qualified actuaries.
  • Good knowledge of a variety of actuarial models and controls and their commercial application/implication.
  • Advanced MS Excel skills demonstrating efficient use of spreadsheets and basic data manipulation skills.
Benefits:

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.

Our Culture:

We care about doing the right thing for our people, customers, and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others.

Every day we are encouraged to be more curious, own the outcome, face into things together, and find a way forward.

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.

We are proud of the progress we're making in DEI, and we continue for it to be a significant focus.

We appreciate that everyone has different work and life responsibilities. We're happy to discuss flexible working arrangements, including part-time, for any of our roles should this be a requirement for you.