Senior Actuary
1 month ago
Canada Life UK is seeking an experienced Senior Actuary to lead our reinsurance valuation and reporting efforts. As a key member of our actuarial team, you will be responsible for developing and maintaining reporting requirements to our reinsurers, as well as providing input to financial and regulatory reporting processes.
Key Responsibilities:- Provide accurate modeling, financial analysis, advice, and support to various 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 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 optimize the performance of the team in line with the Division's objectives.
- Fellow of the Institute of Actuaries (or equivalent).
- Strong commercial awareness and understanding of the needs of the business.
- Experience in reinsurance reporting, both quota share and longevity swaps on 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 to get desired outcomes.
- Ability to develop and maintain strong relationships across the actuarial function and the wider business.
Canada Life UK is a leading provider of retirement, investment, and protection products to individuals, families, and companies. We are committed to building better futures for our customers, intermediaries, and employees by operating as a modern, agile, and welcoming organization.
We believe in recognizing 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 are proud of our commitment to diversity and inclusion, and we continue to focus on creating an environment where everyone can feel they belong and achieve their potential, regardless of gender, ethnicity, or any other characteristic.
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