Senior Actuarial Analyst

Your role at a glance

We have a fantastic opportunity for a nearly/newly qualified actuary to support the production of LGR’s statutory, external and internal financial results. You will be responsible for providing high-quality supporting analysis and commentary on a timely basis, while performing document controls to ensure sound actuarial management and control of risks.

What you'll be doing

• Support the reporting actuaries in the team to deliver financial metrics in a timely and accurate manner. These financial metrics include IFRS operating profit, Solvency II operating variances, risk margin, liability sensitivities and new business reporting.
• Providing analysis of these sensitivities, including impacts on both an IFRS17 and Solvency II basis as well as commentary on movements over time.
• Building and maintaining effective relationships with key stakeholders including other teams while maintaining clear and concise communication
• Supporting the effective prioritisation and scheduling of the team’s deliveries.
• Demonstrating an attitude of continuous improvement by actively supporting the development, implementation and maintenance of the team’s reporting systems and processes.
• Providing input into the identification and prioritisation of improvements to methodology and supporting the implementation of these methodology changes as required for the ongoing production of financial results and analysis.

What we're looking for

• A nearly or newly qualified actuary (or a part qualified actuary with exceptional experience)
• An understanding of bulk & individual annuity products and reporting metrics such as IFRS17 & Solvency II.
• Strong analytical skills with the ability to review results for reasonableness.
• Strong verbal and written communication skills, with the ability to tailor communication to meet the needs of the intended audience.
• Good interpersonal skills, with the ability to influence and build relationships with key stakeholders from across the business.
• Experience in implementing system/methodology improvements would be highly advantageous
• Previous Financial Reporting experience would also be highly advantageous

Benefits

• Competitive Salary ranging from circa £40,000 – circa £65,000 (depending on experience and whether part or fully qualified)
• Bonus
• Study Support (including a rotation scheme and incremental increases as you progress further through your exams – if only Part Qualified Actuary)
• Holiday Allowance – 25 days plus all UK bank holidays
• Pension Contribution – L&G match any personal contributions up to 5% and then provide a further top up of 5%
• Private Medical
• Life Insurance
• Income Protection
• Smart Spending – which gives you access to vouchers/shopping discounts

About L&G

Established in 1836, we are one of the UK’s leading financial services groups and a major global investor, with international businesses in the US, Europe, Middle East and Asia. With over £1 trillion in total assets under management, we are the UK’s largest investment manager for corporate pension schemes and a UK market leader in pensions de-risking, life insurance, workplace pensions and retirement income.

We have also invested over £20 billion in direct investments such as homes, urban regeneration, clean energy and small business finance. Through nearly two centuries of rapid change, we’ve been there, improving the lives of our customers, and building a better society for the long term.

About the business area

Our aim at Legal & General Retail is to help our customers plan for the unexpected, achieve financial security for their tomorrow, and protect everything that’s important to them. To better understand our customers and meet their needs, we’ve brought our protection, retirement income, savings, lending and advice, fintech and mortgage businesses under one umbrella.

Created at the start of 2022 through the merging of our long-standing and trusted retail retirement and insurance businesses, we’re a fast-growing division with big, customer-centered ambitions.

Our commitment to Equal Opportunities

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.