Actuary (BPA) Specialist

1 day ago


Potters Bar, Hertfordshire, United Kingdom CLFIS Limited Full time
Job Title: Actuary (BPA)

Canada Life UK is seeking a highly skilled Actuary to join our BPA team. As a key member of our team, you will be responsible for reviewing and approving deferred member option calculations, maintaining and developing internal models, and providing direction and guidance to a team to ensure all actuarial principles are understood.

Key Responsibilities:
  • Review and approve deferred member option calculations
  • Maintain and develop internal models to support deferred member option calculations
  • Check and respond to internal and external technical queries with existing schemes and their advisors
  • Support business development and proposition teams to continually improve offering in relation to deferred member options
  • Provide direction and guidance to a team to ensure all actuarial principles are understood
  • Collaborate with Canada Life and third-party administrators to drive forward new processes and ensure efficient systems and processes are in place
Requirements:
  • Strong technical skills and knowledge of Defined Benefit pension schemes and the legislative requirements of pension schemes
  • Comprehensive understanding of the UK regulatory environment
  • Able to build relationships and gain trust and respect at all levels with strong leadership skills
  • Demonstrates personal drive, energy, persistence, and self-motivation and awareness of the part played in the wider business
  • Strong communication skills (able to communicate technical and complex issues both verbally and in writing to senior audiences, including non-actuaries)
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.

About Us:

Canada Life UK is a leading provider of retirement, investment, and protection solutions. We're committed to building better futures for our customers, intermediaries, and employees. 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.



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