Actuarial Financial Control Manager

1 week ago

Brighton, Brighton and Hove, United Kingdom Legal & General Full time

Job Description

We are seeking an experienced Actuarial Financial Control Manager to join our team at Legal & General. As a key member of our Financial Control team, you will be responsible for reviewing and assessing processes to ensure an appropriate control environment is maintained across the Legal & General Group.

In this role, you will support the Financial Control Lead and Senior Managers to ensure the Financial Control Framework (FCF) is operating effectively and efficiently across the annual reporting cycle. This will involve ongoing engagement with stakeholders from various divisions and functions, including senior Divisional and Group Finance teams.

Key Responsibilities:

  • 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.
  • Ensuring completion of the FCF requirements with respect to walkthrough performance and the Design & Operating Effectiveness of actuarial processes.
  • 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.
  • Overseeing BAU deliverables including; task scheduling and ensuring the work the team completes is of the highest standard.

Requirements:

  • A Nearly Qualified/Qualified Actuary (or equivalent demonstrable experience).
  • 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.

What We Offer:

  • 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).
  • 27 days 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.
  • Many discounts we offer – both for our own products and at a range of high street stores and online.

About Us:

Legal & General is a leading financial services organisation, named 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. Connecting to form a unique business model which drives value for our customers and society. And enabling our people to create impact through work that is meaningful and valued.

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. It doesn't matter if you don't meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. If you're open to find out more, we'd love to hear from you.

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