Senior Reinsurance Specialist

3 days ago


City of London, United Kingdom Canada Life Group (UK) Ltd (The) Full time
Job DescriptionEstimated Salary: £55,000 - £75,000 per year
We are currently recruiting for a Senior Actuarial Analyst to join our Reinsurance Operations Team. As a key member of the team, you will provide actuarial and statistical analysis to support the production of reinsurance deliverables. The role involves reviewing and reporting on reinsurance data, embedding new reinsurance treaties into the reporting framework, and ensuring all deadlines are met. In addition, you will support the continuous review and improvement of the department's processes, systems, and controls to ensure accurate and efficient levels of service.
About the Role
This position requires strong analytical and reporting skills, as well as the ability to deliver work to a high standard under tight time pressure. You will also need excellent communication skills to work effectively with stakeholders across the business. Ideally, you will have experience working within an actuarial team and some reinsurance experience.
Key Responsibilities
1. Reinsurance Reporting: Support management in the production of reinsurance deliverables and ensure all deadlines are met.
2. Process Improvement: Continuously look to improve current reinsurance reporting processes to improve efficiency.
3. Analysis and Testing: Produce statistical analysis for the actuarial function to comply with internal and external reporting standards.
Requirements and Qualifications
The ideal candidate will have excellent analytical and reporting skills, as well as the ability to work under pressure to meet deadlines. You will also have intermediate to advanced MS Excel skills and be able to develop and modify actuarial systems and spreadsheets to improve efficiency. Knowledge of longevity swaps would be beneficial but is not essential.
Benefits of Working at Canada Life
Canada Life offers a competitive salary and benefits package, including a generous pension and bonus scheme. You will also receive income protection, private medical insurance, and life assurance. We have a range of training opportunities and flexible working arrangements available.
Diversity and Inclusion
At Canada Life, we believe in building an inclusive workplace where everyone can feel they belong and achieve their potential regardless of gender, ethnicity, or any other characteristic. We are committed to creating a diverse and inclusive environment that values individual differences and promotes equality and respect.

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