Senior Actuary Leader

4 weeks ago

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

Canada Life UK is seeking a highly experienced and skilled Senior Actuary to join our team. 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 in order 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.
Benefits:

We offer a competitive salary and benefits package, including a generous pension and bonus scheme, along with income protection, private medical insurance, and life assurance. We also provide opportunities for professional development and a range of other benefits and support services.

At Canada Life UK, we believe in the power of great people from different backgrounds, experiences, and perspectives coming together to build better futures. We are committed to creating an inclusive workplace where everyone can feel they belong and achieve their potential.

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