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Actuarial Professional

2 months ago

Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full time
Job Title: Actuarial Professional

Canada 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 Responsibilities:
  • Calculation, analysis, and explanation of Solvency II / IFRS17 technical reserves and capital on both a UK and Canadian basis.
  • Embedding of new bulk annuity schemes (pensioners and deferred) within BAU reporting.
  • Supporting the calculation of reinsurance accounts.
  • Maintenance and development of valuation processes and models.
  • Contribution to Canadian and UK profit and loss assessment for the UK Annuities business.
  • Production of experience analyses and setting assumptions and impacts within a valuation basis.
  • Technical and actuarial support to the Annuities Business Unit.
  • Management of a team of actuarial students and support staff.
Requirements:
  • Qualified actuary with some relevant pre/post-qualification experience.
  • Strong technical and analytical skills.
  • Understanding of the need for a robust control framework.
  • A team player able to work under pressure and to deliver to tight timescales.
  • Good verbal and written communication skills, including an ability to communicate technical content to a wide range of stakeholders.
  • Highly motivated and committed to continual process improvement.
  • Ability to plan work and lead actuarial projects.
  • Experience of financial modelling software.
  • Knowledge of annuities markets and reinsurance. Knowledge and experience of immediate and deferred bulk annuities highly desirable but not essential.
Benefits:
  • Competitive salary and benefits package.
  • Generous pension and bonus scheme.
  • Income protection, private medical insurance, and life assurance.
  • Regular personal and professional development opportunities.