Senior Actuary

4 weeks ago

London, Greater London, United Kingdom Canada Life Group (UK) Ltd (The) Full time
Job Title: Senior Actuary

We are seeking a highly skilled Senior Actuary to join our team at Canada Life Group (UK) Ltd (The). As a Senior Actuary, you will be responsible for leading actuarial, statistical, and financial insight and analysis to senior management, overseeing analysis and insight produced by other actuaries, and leading small to medium-sized teams of qualified and part-qualified actuaries and analysts.

Key Responsibilities:
  • Provide accurate modelling, financial analysis, advice, and support to a range of areas of the business, taking ownership for making considered and commercially astute recommendations.
  • Lead risk analysis activity within your discipline, effectively operating cross-functionally across the business on BAU and project activities.
  • Communicate to senior executives the impact, financial, and otherwise, of the various actuarial investigations, reports, recommendations, and analyses, and provide recommendations to senior executives to ensure successful business operation.
  • Initiate and oversee the production of regular reports and annual/longer-term plans undertaken by other actuaries, taking accountability for leading the continuous review and improvement of department processes and procedures.
  • Oversee and implement actuarial control frameworks, initiating regular review of appropriate actuarial controls and analysis.
  • Manage, coach, develop, and motivate a team of qualified and part-qualified actuaries to optimise the performance of the team in line with the Division's objectives.
Requirements:
  • Fellow of Institute of Actuaries (or equivalent).
  • Strong commercial awareness and understanding of the needs of the business.
  • Experience in IFRS17 and Solvency II financial reporting, particularly in the context of annuity products.
  • Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment.
  • Strong influencing skills, with experience of engaging with Boards and senior management in order to get desired outcomes.
  • Ability to develop and maintain strong relationships across the actuarial function and the wider business.
What We Offer:

We believe in recognising and rewarding our people, so 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 is unique and incredibly important to us. We care about doing the right thing for our people, customers, and community and helping others to build better futures.

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.

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.

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