Actuarial Analyst

At Royal London we believe your difference is our strength and our organisation benefits from the different perspectives that diversity brings. Studies have shown that people from under-represented groups are less likely to apply unless they meet every requirement. So, if you’re excited about this role but your past experience isn't a perfect fit with the job description, we encourage you to apply anyway as you may be the right candidate for this or other opportunities.

About the role

We are looking for an Actuarial Analyst to join the Product Commercials Team. Within this role you will assist in the provision of actuarial and analytical support and services required by the Group, report on new business profitability for UK products and play a key role in business planning and forecasting.

Key responsibilities

• Undertake technical analysis using standard actuarial and analytical techniques in accordance with agreed guidelines and methodology
• Assist in the completion of sections of reports and documentation, by obtaining or calculating data as required
• Populate online reports which enables financial results to be produced
• Carry out reasonableness checks of own work to minimise errors
• Maintain the systems/processes used within the required level of governance
• Ensure procedure documentation is maintained and improved and meets any agreed standards
• Highlight any data and results issues to team manager

Criteria

• Competent use of computer systems and Microsoft Suite. In particular, a familiarity with Excel
• Good communication skills, verbal, written and listening
• Ability to manage own workload
• Numerate and good problem-solving skills
• An analytical approach

What we offer

We've always been proud to reward our employees by offering a number of great benefits including:

• A generous group pension scheme (up to 14% matching employer contribution)
• 28 days annual leave plus bank holidays with the option to buy/sell up to 5 days
• Annual company and performance based bonus
• Life assurance (up to 8 x annual salary)
• Enhanced parental leave policies
• Private medical insurance
• Employee Assistance Programme - Access 24/7 to confidential health, legal & financial advice

Full details can be found on our benefits page

About Royal London

Royal London is the largest mutual life insurance, pensions and investment company in the UK.  Since its foundation 160 years ago, Royal London has supported millions of people to protect and provide for themselves and their families.

At Royal London, our People Promise is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This promise has been at the heart of our approach to hybrid working, ensuing a balance of time working in our offices, supporting the culture of collaboration and inclusion and some working time from home, so we can all continue to benefit from the flexibility this brings. Our hybrid working approach is built around our mutual mindset, thinking about what is good for us as individuals (the ‘me’) and in the context of what is right for our customers, our colleagues and The Royal London group (the ‘we’). Together we belong- collaborate – learn and perform.

Our expectation is that colleagues working in hybrid roles will come into the office for 50% of their time, and the rest from home. We want to be as consistent as we can with our approach but we also appreciate some colleagues need adjustments based on personal circumstances. (e.g. to support a disability, or caring responsibility) and / or may wish to formally seek a flexible working pattern in line with our flexible working policy.

We appreciate the world of work continues to evolve and we will continue to listen to our colleagues views on this whilst ensuring our on-going approach is right for our business and customers

We are an equal opportunities employer. We work hard to attract the best talent for our award-winning team. We believe that embracing difference makes us stronger. Our diverse people bring us different skills – whatever their educational background, disability, gender, age, sexual orientation, race, religion or belief.