London

Bristol

Hove

Reigate

Potters Bar

Remote

Bermuda

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Pensions

Products

Reporting

Reinsurance

Risk

Systems

Research

Python

Modelling

Experience Analysis

Coding

Bulk Annuities

Pricing

Valuation

Capital

Longevity

Excel

Julia

Contract

Microsoft Azure

Your role at a glance:Are you a part-qualified Actuary with an interest in mortality/assumption setting? If so, we have a fantastic opportunity within our Retirement Division as a Longevity Risk Actuarial Analyst.Our Longevity Risk team are responsible for providing mortality assumptions (both base mortality and trend) to optimise Pricing, Economic Capital and Valuation assumptions for Legal &amp; General’s Retirement Business (LGRI).As a Longevity Risk Actuarial Analyst, you will support the delivery of regular mortality analysis to assist with the delivery of LGRI’s strategic objectives, focussing particularly on Solvency II capital modelling, strategic analytics, and year end assumptions for retirement (primarily annuities).You will also assist in providing population mortality monitoring and expert analysis that can help to drive business decisions and allow us to be reactive to recent developments and push forward our understanding of mortality trends.What you'll be doing:<ul><li>Supporting longevity risk modelling to assess mortality and mortality trend for annuitants. This work includes both UK and international territories (including Bermuda &amp; the US)</li><li>Assisting in developing and communicating longevity assumptions for the purposes of year end reporting, pricing or capital requirement.</li><li>Supporting the delivery of strategic deliverables including the use of financial levers for both year-end reporting, pricing and capital.</li><li>Assisting with the production of concise, clear and well communicated summaries of all mortality analysis work within the team to inform and educate stakeholders from across the business.</li><li>Supporting with population mortality and health monitoring. Including the analysis of trends and producing regular MI.</li><li>Contributing to the development and delivery of marginal distributions of uncertainty for base mortality, mortality trend, spouse demography, and associated correlations for the retirement portfolio (both UK and International).</li><li>Producing and maintaining future mortality projection models. Including researching into new techniques to improve modelling and providing improved insights into the direction of future mortality.</li><li>Supporting the tasks necessary to support the development, review and maintenance of the Longevity Risk Predictive model for describing/predicting the mortality experience of the UK and International business, Including:
 <ul><li>Pricing Bulk and Individual annuitant business to ensure it reflects the specific mortality risk within these markets whilst supporting a competitive price where appropriate.</li><li>Base Mortality pricing for International expansion to ensure it reflects the specific mortality risk within these markets whilst supporting a competitive price where appropriate.</li><li>Interpreting the results of the mortality analysis to develop and refine the Postcode Model.</li><li>Development and maintenance of the SEC group profiling systems.</li><li>Exploration of potential new rating factors.</li></ul></li><li>Contributing to research on longevity risk to identify suitable data sources such as demographic profiling systems and potential software and utilise this information to potentially optimise our pricing and reserving assumptions.</li><li>Supporting mortality data acquisition and innovation to enable Legal &amp; General to expand into international annuities for base mortality.</li><li>Supporting the production of Longevity Management Information, ensuring timely delivery of MI to the various stakeholders, ensuring that the MI stays up to date, informative and identifies issues early on.</li></ul>What we're looking for:<ul><li>A part-qualified/student actuary, who is making good progress with their IFoA Exams - Ideally someone with broad Life or Pensions experience across pricing, reporting and/or capital.</li><li>Longevity experience/knowledge would highly beneficial but is not essential (with specific knowledge of base and trend mortality and common practices being particularly useful)</li><li>Commercial knowledge of longevity risk products including BPA, individual, longevity swaps etc. would be desirable.</li><li>Practical experience of model development and knowledge of the application of statistical methodologies to longevity modelling would be highly beneficial but is not essential.</li><li>Knowledge of Solvency II and setting Solvency II marginal distributions assumptions.</li><li>Actuarial skills for modelling - Including advanced Excel skills (experience with modelling in R would be an even greater advantage)</li><li>Strong problem solving and analytical skills (e.g. the ability to break down the problem into separate components, form judgements, risk assessment and develop solutions).</li><li>Good Communication Skills - written, oral and presentation skills.</li><li>Ability to understand the tasks required and to persuade peers and stakeholder of the desired outcome.</li><li>Ability to work flexibly and adapt to the changing demands and conditions within the organisation and market place.</li></ul>Benefits:<ul><li>Competitive Salary starting at £34,000 (but could be higher depending on experience/exam passes)</li><li>Study Support (including a rotation scheme and incremental increases as you progress further through your exams)</li><li>Holiday Allowance – 25 days plus all UK bank holidays</li><li>Pension Contribution – L&amp;G match any personal contributions up to 5% and then provide a further top up of 5%</li><li>Private Medical</li><li>Life Insurance</li><li>Income Protection</li><li>Smart Spending – which gives you access to vouchers/shopping discounts</li></ul>Please note the above are just a few of the many benefits you will be entitled to when you join L&amp;G from day 1.About L&amp;G:The brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?

Your role at a glance:Please Note this role is a 12 Month Fixed Term Contract position (Maternity Cover)Are you a qualified Actuary with strong commercial awareness and/or experience of assumption setting? If so, we have a fantastic opportunity within our Retirement Division as a Longevity Risk Actuary.In this role you will be responsible for the production and communication of pricing, reporting and capital assumptions for Longevity for both L&amp;G's UK and International Retirement (primarily Bermuda &amp; the US) Businesses.What you'll be doing:<ul><li>Developing longevity assumptions, analytics and solutions for the purposes of pricing, reporting and capital requirements for both L&amp;Gs UK and international territories.</li><li>Analysing and modelling longevity risk (primarily annuitant base mortality, mortality trend, and spouse demography) to ensure appropriate controls and processes are in place.</li><li>Developing solutions that are responsive to new information as well as providing long term stability, enabling L&amp;G Retirement to meet its financial reporting strategy and manage earnings volatility.</li><li>Providing support and development for new initiatives across pricing, reporting and capital as and when required by the business by helping stakeholders define the problem and develop scope of analytical projects, providing useful insight to drive decisions.</li><li>Developing appropriate models and tools for the analysis of longevity risk trends and uncertainty.</li><li>Taking responsibility for the accuracy and completeness of analyses conducted for assigned mortality related projects, and associated reports.</li><li>Supporting the wider longevity team by providing technical advice and guidance to colleagues.</li></ul>What we're looking for:<ul><li>Preferably a qualified actuary (although we would also be open to nearly qualified actuaries too) - ideally with broad Life or Pensions experience across pricing, reporting and/or capital.</li><li>Practical experience of model development and the application of statistical methodologies. And ideally also an understanding of data mining and predictive modelling in relation to mortality analyses.</li><li>Analysis and reporting experience using internal and external mortality data sets and understanding the impact on mortality and mortality measures (life expectancy, annuity values, capital and reserving impact)</li><li>Longevity experience with specific knowledge of base and trend mortality and common practices.</li><li>Advanced Excel skills are essential (knowledge of SAS, R or other coding languages would be highly advantageous)</li><li>Excellent written, oral and presentation skills, with the ability to engage with internal and external stakeholders and influence them accordingly.</li><li>Ability to plan projects for yourself and the team.</li><li>Ability to apply actuarial techniques, principles and methods to solving both routine and unstructured problems.</li></ul>Benefits:<ul><li>Competitive Salary ranging from circa £60,000 - circa £80,000 (depending on experience)</li><li>Car Allowance – 12% of salary (If Qualified Actuary)</li><li>Holiday Allowance – 27 days plus all UK bank holidays</li><li>Pension Contribution – L&amp;G match any personal contributions up to 5% and then provide a further top up of 5%</li><li>Private Medical</li><li>Life Insurance</li><li>Income Protection</li><li>Smart Spending – which gives you access to vouchers/shopping discounts</li></ul>Please note the above are just a few of the many benefits you will be entitled to when you join L&amp;G from day 1.About L&amp;G:The brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business area:Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees.We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises.In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

Your role at a glance:We have an exciting opportunity for a qualified actuary to join our market-leading Pension Risk Transfer business as an Actuarial Manager.You will have the opportunity to direct the production of quotations and supporting documentation for pension scheme de-risking activities, while developing and implementing innovative pension scheme de-risking solutions with the support of Directors.What you'll be doing:<ul><li>Providing peer review and sign off of quotations produced by the Pricing &amp; Execution Team &amp; producing the first draft response to “requests for quotations” ensuring they are tailored to the particular client.</li><li>Being considered an expert in the capital and pricing models in order to optimize pricing for schemes.</li><li>Working with Pensions Consultants to understand the target scheme, including any requirements in terms of insurer responses or insurer selection.</li><li>Working creatively throughout the quotation process to provide innovative solutions to both clients and the market that meet the customers’ needs.</li><li>Ensuring all quotes are produced with the highest level of accuracy and in line with Legal &amp; General’s pricing model.</li><li>Showing the ability to propose non-standard assumptions to match the dynamics of a particular scheme and being considered an expert in the capital and pricing models in order to optimize pricing for DB schemes.</li></ul>What we're looking for:<ul><li>Qualified Actuary</li><li>Previous experience working within a Consultancy environment, for a Life Insurer or for another De-risking provider.</li><li>Good knowledge of Defined Benefit Pension Schemes and/or Pricing and Capital Modelling.</li><li>Previous experience of adapting to new projects by the development and implementation of new/non-standard and innovative solutions.</li><li>Strong sales experience and presentation skills.</li><li>Excellent time management and prioritization skills.</li><li>Effective delegation and supervision of complex tasks.</li><li>Project management skills, with a track record of leading and delivering on complex projects within short timescales.</li></ul>Benefits:<ul><li>Competitive Salary ranging from £63,000 - £80,000 (depending on experience)</li><li>Bonus</li><li>Car Allowance – 12% of salary</li><li>Holiday Allowance – 27 days plus all UK bank holidays</li><li>Pension Contribution – L&amp;G match any personal contributions up to 5% and then provide a further top up of 5%</li><li>Private Medical</li><li>Life Insurance</li><li>Income Protection</li><li>Smart Spending – which gives you access to vouchers/shopping discounts</li></ul>Please note the above are just a few of the many benefits you will be entitled to when you join L&amp;G from day 1.About L&amp;G:The brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business area:Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees.We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises.In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.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. So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

Your role at a glance:Due to continued growth in our Retirement Division (LGRI), we have a fantastic opportunity available for a Matching Adjustment Actuary to join the team.As a Matching Adjustment Actuary, you will review &amp; evidence MA compliance and also work to improve our current MA processes. This process improvement work is pivotal, as MA is an essential part of our Solvency II balance sheet and our New business, Structuring and Investments teams rely on our MA advice.This role is a hybrid working opportunity, which means you can split your working week flexibly between your home and our London offices to help achieve a work-life balance which suits you.Do you feel like you meet the requirements but require greater flexibility? We’d love to hear from you regardless; we’re open to flexible working arrangements and support hybrid working, so please get in touch!
What you'll be doing:<ul><li>Running and improving the MA attestation framework (this is an annual process to test and evidence MA compliance).</li><li>Working collaboratively with wider teams to make sure that changes to MA requirements are implemented effectively - This may include improving the MA attestation framework to deliver UK SII reform requirements.</li><li>Monitoring MA metrics, arranging for MA application data (or other analyses outside of regular reporting cycle) to be updated.</li><li>Reviewing and improving MA controls, and running the MA escalation framework (reviewing and resolving potential breaches).</li><li>Developing and improving MA ORSA processes.</li><li>Making sure that MA related risk reporting is integrated and streamlined.</li></ul>What we're looking for:<ul><li>A qualified actuary who has preferably worked in the Life/Pensions industry before.</li><li>Able to communicate in a clear and straightforward manner, including being able to write reports which can be easily understood.</li><li>Able to build and maintain good relationships with key stakeholders.</li><li>Your attention to detail will be your superpower, with an ability to be thorough and notice things others haven’t.</li><li>Able to deliver and be curious about the wider business and how your role contributes to its overall success.</li></ul>Benefits:When you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, 30 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;G:The brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business area:Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees.We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

This is a 12 month fixed term contract within the ALM Team.Responsibilities<li>Support the Head of ALM Front Office in the optimisation and operation of the MAP, producing regular asset/liability projections, developing rebalancing proposals for the MAP with Investments, evaluating and recommending new asset classes and providing regular reporting on trading activities within the MAP and rationale.</li><li>Support Pricing with recommendations of asset mix alternatives and returns (Markers), support onboarding of assets, coordinating in-specie transfers and mitigating onboarding risks (taking into account any reinsurance arrangements).</li><li>Support the Head of ALM Front Office and Investments with formulating asset strategy/mix taking into account relative asset attractions under Canadian/UK/EU regulatory regimes and setting guidelines for Investments on trading. Monitor impact of trading and liability changes in quarter.</li><li>Support the delivery of ALM information to multiple internal teams, delivering in line with Investment Management Agreements (IMAs) and Service Level Agreements (SLAs) with Investments front office and SLAs with Irish Life and Pricing.</li><li>Assist in the continuous review and improvement of the departments’ processes and procedures to ensure the provision of timely, accurate and efficient levels of service.</li></ul>QualificationsFellow of the Institute and Faculty of Actuaries (or equivalent).Requirements<ul><li>Strong understanding of asset classes to enable accurate production of Asset Liability Matching results.</li><li>Good knowledge of Solvency II and the Matching Adjustment. Knowledge of IFRS 17 and Bulk Annuities would be beneficial, but not essential.</li><li>Strong communication skills (able to articulate technical and complex issues clearly both verbally and in writing to senior audiences including non-actuaries).</li><li>Able to develop and consider all solutions to a technical problem, making recommendations and implementing actions as agreed with the Head of ALM Front Office or other key stakeholders.</li><li>Demonstrates personal drive, energy, persistence and self-motivation and awareness of the needs of the wider business.</li><li>Ability to build sound and trusted relationships both within and external to the team, successfully managing multiple stakeholders.</li><li>Demonstrates an understanding and ability to implement/maintain an actuarial control framework and meet governance requirements.</li><li>Proven track record of delivering under tight time pressure.</li></ul>About Canada LifeCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.What you’ll like about working hereAs a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development.Diversity and inclusionCanada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.

Responsibilities<ul><li>Support the Head of ALM Front Office in asset and liability management (ALM) and optimisation across the Canada Life Group European entities, including Irish Life, in respect of an asset portfolio of £30bn.</li><li>Support the Head of ALM Front Office in the optimisation of the Canada Life Limited (CLL) £9bn Matching Adjustment Portfolio (MAP).</li><li>Support the Investments Function and Commercial’s Pricing sub function to develop and implement an optimal asset strategy/ mix for New Business in respect of both the CLL and Irish Life businesses, including pricing for strategic 3rd party Bulk Annuity transactions.</li><li>Reports to the Head of ALM Front Office.</li><li>This position would suit a newly qualified actuary or up to 3 years post qualified.</li></ul>Requirements<ul><li>Strong understanding of asset classes to enable accurate production of Asset Liability Matching results.</li><li>Good knowledge of Solvency II and the Matching Adjustment. Knowledge of IFRS 17 and Bulk Annuities would be beneficial, but not essential.</li><li>Strong communication skills (able to articulate technical and complex issues clearly both verbally and in writing to senior audiences including non-actuaries).</li><li>Able to develop and consider all solutions to a technical problem, making recommendations and implementing actions as agreed with the Head of ALM Front Office or other key stakeholders.</li><li>Demonstrates personal drive, energy, persistence and self-motivation and awareness of the needs of the wider business.</li><li>Ability to build sound and trusted relationships both within and external to the team, successfully managing multiple stakeholders.</li><li>Demonstrates an understanding and ability to implement/maintain an actuarial control framework and meet governance requirements.</li><li>Proven track record of delivering under tight time pressure.</li></ul>QualificationsFellow of the Institute and Faculty of Actuaries (or equivalent).About Canada LifeCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.What you’ll like about working hereAs a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development.Diversity and inclusionCanada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.

Your role at a glance:We are looking for a Senior Risk Modelling Manager to join us here at Legal &amp; General. In this role you will manage the development of L&amp;G’s modelling of credit risk for use in economic and Solvency II capital models, for both asset and liability side exposures.You will also work with stakeholders from across the business to develop policies, methodologies and modelling improvements for Solvency II required credit capital. If you have previous experience of statistical/risk modelling techniques such as credit risk, market risk or capital modelling then this might just be the role for you.What you'll be doing:<ul><li>Steering elements of the Solvency II technical advice, modelling and insight in relation to credit risk to support the Group, including both the credit asset exposure and liability side exposure via Matching Adjustment.</li><li>Developing strategy for the design and implementation of updates and replacements to Legal &amp; General Retirement Institutional’s (LGRI) credit models including specification of methodology, providing pragmatic solutions that remediate weaknesses and meet customer needs and providing hands on coding of model developments (in R, Access, Excel, VBA etc.).</li><li>Providing deep analytical capability within the LGRI Finance credit risk modelling team to support understanding of the drivers of credit risk, including the market spread risk on credit assets.</li><li>Working closely with stakeholders to develop and implement credit risk modelling strategy to support practical, economically beneficial investment choices across the L&amp;G Group. You will also communicate and explain the evolution of credit risk modelling to these stakeholders.</li><li>Managing the regular production and validation of credit calibrations for use in reporting processes. This will include diagnosis and explanation of calibration movements, drafting and maintenance of credit risk calibration documentation and ensuring that effective controls are in place to guarantee the operation of the models complies with both Group policies and regulatory requirements.</li><li>Managing the performance of any direct reports you have and taking accountability for the output and review of the work performed by the team to ensure quality standards are maintained.</li></ul>What we're looking for:<ul><li>A Qualified Actuary or alternatively a Quant, Statistical Modeller or PhD background may also be suitable.</li><li>Experience using statistical and risk modelling techniques, particularly credit risk, market risk and/or insurance capital modelling.</li><li>An understanding/knowledge of the typical credit assets held by insurers, such as private credit and structured finance.</li><li>Hands-on model development experience, including coding, and managing financial modelling projects through all stages of validation and governance to delivery.</li><li>The ability to manage and develop client/customer relationships and also influence senior stakeholders and peers alike.</li><li>Clear and concise drafting of technical documentation, and the ability to simply explain modelling concepts to non-experts.</li><li>Sound communication and interpersonal skills, with the ability to manage and develop technical expertise in others.</li></ul>Benefits:When you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, 30 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice.We’re also proud to offer competitive family leave. You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;G:The brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are.We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business area:Securing pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees.We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders.We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

Due to continued growth in the business, we are seeking to add a new permanent member to the team, who will work closely with the Chief Actuary to deliver the objectives of the team. This covers a range of second-line actuarial support, review, challenge and oversight.This is a key second-line role which requires strong interpersonal skills and would suit a self-starter looking to broaden their knowledge and skills base.The role is varied, looking across the entire risk landscape of the company, and the candidate will be expected to be proactive in developing the role and flexible in their approach to taking on new tasks.Candidates from a broad range of actuarial backgrounds are welcome. The candidate should have recent actuarial experience (either a line 1 or line 2 role) and should be willing to learn and to provide support to a broad range of tasks. The successful candidate should be diligent and methodical and with a strong commitment to a robust control environment.<ul><li>Provide risk validation support in relation to Rothesay’s internal capital model</li><li>Perform a wide range of second line-actuarial reviews including:
 <ul><li>Assessment of the adequacy of technical provisions</li><li>Review of pricing assumptions</li><li>Reviewing the adequacy of reinsurance arrangements</li><li>Reviewing models and methodologies</li><li>Oversight of first-line actuarial processes including in relation to matching adjustment, risk modelling and ALM</li></ul></li><li>Supporting and ensuring strong model governance
 <ul><li>Performing quarterly trigger assessments</li><li>Collating, reviewing and validating model changes</li><li>Data quality assessments</li></ul></li><li>Directly contributing to the risk framework including risk appetite, ORSA, Recovery and Resolution plans</li><li>Assessing, measuring and communicating insurance risk</li><li>Performing ad hoc actuarial peer reviews</li><li>Reviewing and enhancing policies and frameworks</li></ul>As a second-line role, communication skills are essential, including strong interpersonal skills and the ability to effectively provide feedback and challenge. This will include drafting reports and communicating with senior management and with relevant committees. The candidate is likely to gain exposure to a wide range of tasks and will be expected to be ‘hands on’.Skills and Experience Required<ul><li>Required:
 <ul><li>Qualified actuary or part-qualified actuary actively working towards qualification (for candidates with strong experience we will also consider those who have an actuarial background but are no longer actively working towards qualification)</li><li>Ability to communicate effectively and confidently with external and internal stakeholders at all levels of seniority</li><li>Understanding of (although not necessarily personal experience of) Line 2 actuarial role.</li><li>Strong analytical and numerical skills</li><li>Familiarity with Solvency II</li><li>Strong IT skills including use of Excel</li></ul></li><li>Desirable:
 <ul><li>No specific actuarial modelling software knowledge is required, however knowledge of spreadsheet modelling is highly desirable and other hands-on modelling experience would be preferred</li><li>Experience of working as part of wide teams and for or with second and third line</li><li>Experience of communicating results to a senior audience</li><li>Bulk annuity, longevity or pensions experience</li><li>Financial reporting experience</li></ul></li></ul>Core competencies:<ul><li>Self-sufficient, able to work independently</li><li>Technical Skills - Demonstrates strong technical skills required for the role, pays attention to detail, takes initiative to broaden his/her knowledge and demonstrates appropriate analytical skills</li><li>Drive and Motivation – Be a self-starter; successfully handles multiple tasks, takes initiative to improve his/her own performance, works intensely towards extremely challenging goals and persists in the face of obstacles or setbacks</li><li>Teamwork – Demonstrate evidence of being a strong team player, collaborates with others within and across teams, encourages other team members to participate and contribute and acknowledges others' contributions</li><li>Communication Skills - Communicates what is relevant and important in a clear and concise manner and shares information/new ideas with others</li><li>Judgement and Problem solving - Thinks ahead, anticipates questions, plans for contingencies, finds alternative solutions and identifies clear objectives. Sees the big picture and effectively analyses complex issues</li><li>Creativity/Innovation - Looks for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value</li><li>Influencing Outcomes - Presents sound, persuasive rationale for ideas or opinions. Takes a position on issues and influences others' opinions and presents persuasive recommendations</li></ul>About usRothesay is a UK insurance company purpose-built to protect pensions. We are the largest specialist pension insurer in the UK, managing over £47bn of assets and securing pensions for over 800,000 people. We secure pensions for over 170 pension schemes and insurers including British Airways, Post Office, Asda, National Grid and Aegon.At Rothesay, we are striving to transform our industry. We believe deeply in creating real security for the future and our leadership in finding new and better ways to do that is the key to our success. To do that, we need the very brightest original thinkers to bring creativity as well as rigour. Rothesay is a rewarding place to work, where quality people can thrive and prosper. We pride ourselves on the connections our people build, many of whom have been with us for over ten years.InclusionRothesay actively promotes diversity and inclusivity. We know that our success depends on our people and that by nurturing a culture that values difference, we create a stronger, more dynamic business. We welcome applications from all qualified candidates, regardless of race, colour, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability or age.

This challenging role is in the longevity research team. SCOR’s Global Longevity team is growing rapidly. It’s commercial activities are expanding to include new markets and new products. This requires the support of a research team that can produce commercially viable and actuarially sound assumptions in new and changing environments.<ul><li>Supporting research and ongoing development of pricing bases for longevity pricing and valuation for pension schemes, individual annuities, medically underwritten annuities, and other products as required. The role will include exposure to global longevity markets.</li><li>Support all aspects of understanding, pricing and managing longevity insurance risks, enhancing SCOR’s ability to write profitable new business.</li><li>Adopt an agile and collaborative approach so that knowledge is widely shared and built into SCOR’s pricing.</li><li>Support pricing of longevity tenders which will include experience analysis, proposal of basis and rate production with supporting documentation.</li><li>Assist in the development of other team members, especially junior colleagues.</li><li>Establish strong working relationships with SCOR colleagues both within and outside the Longevity Team, clients and industry contacts.</li></ul>There will also be opportunity to gain exposure to all other aspects of longevity work so that the successful applicant can develop wider knowledge and skills.This role would suit a nearly or newly qualified actuary, or a candidate who has experience in demographic research roles.Responsibilities<ul><li>Deliver pricing bases that enable SCOR to write profitable new longevity business and develop its product offering.</li><li>Keep abreast of major developments in the Longevity research field and Global Longevity markets.</li><li>Ensure pertinent information is identified and used appropriately in quantifying expected mortality.</li><li>Manage the analysis of ONS data, medical research papers, experience data and any other data identified to ensure the methodology is technically sound the results are pertinent and reliable.</li><li>Ensure analyses are sufficiently documented to be checked and reproduced, and the results disseminated to SCOR colleagues. Provide suitable rationale and, wherever possible, implement quantitative methods to convert the analysis results to underwriting rules.</li><li>Recommend mortality underwriting rules which reflect the risks without margins for prudence are configured to optimise SCOR’s competitive position follow from the analyses.</li><li>Work with clients and with colleagues in different markets, and in SCOR’s central research areas, to share expertise and coordinate activities.</li></ul><ul><li>Liaise with technical experts in SCOR Global Life to share expertise, coordinate activities and ensure SCOR presents a coherent view of the risks inherent in annuities.</li><li>Monitor industry wide developments in pricing to ensure SCOR remains competitive and appropriate.</li><li>Support team development. Develop the expertise and wider skills of junior team members and educate non-specialists.</li><li>Promote the Longevity Team’s technical expertise, internally and externally.</li></ul><ul><li>Support quote production where the Pricing basis requires adjustment.</li><li>Take part in quote production when required to support SCOR’s new business ambitions.</li></ul>Qualifications<ul><li>Experience of producing of technical actuarial work.</li><li>Experience analysis, pricing or valuation of annuities or pensions.</li><li>Educated to degree level with excellent academic record.</li><li>Good understanding and direct experience of practical application of actuarial principles.</li><li>Actuarial qualification or equivalent.</li><li>Excellent technical modelling skills.</li><li>Good communication and interpersonal skills.</li><li>Good planning and work management skills.</li><li>Ability to use analytical skills combined with sound judgement and commercial awareness.</li><li>Experience of manipulating and analysing large, complex datasets.</li><li>Experience of setting longevity, mortality or morbidity assumptions.</li><li>Understanding of pension schemes.</li><li>Existing contacts in the pensions bulk annuity or longevity risk industries.</li></ul>About usSCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

We are looking for a Qualified Life Actuary to join us here at L&amp;G Re as a Pricing Actuary. In this role you will provide technical support for pricing of all annuity, longevity, and protection / mortality reinsurance business opportunities, including supporting the writing of Committee and Board papers.L&amp;G Reinsurance Company Limited (“L&amp;G Re”) is the global reinsurance hub of L&amp;G Group Plc. (“Group”) and a leading global reinsurer of pension risk transfer (“PRT”) business. Whilst this is a Bermuda based role, business travel may be required on occasion to the UK or other territories.What you'll be doing<ul><li>Supporting the pricing of all annuity, longevity, and protection / mortality reinsurance business opportunities.</li><li>Supporting pricing systems and processes including the review of existing systems and the development and implementation of new ones.</li><li>Supporting the team with the writing of Committee and Board papers.</li><li>Supporting relationships with clients, prospects and retrocessionaires in all territories.</li><li>Providing actuarial support to other areas of the business, including contributing to business planning, reporting and ad hoc business requests and projects.</li><li>Coaching others to achieve and maintain optimal employee engagement.</li><li>Developing and maintaining highly collaborative and effective relationships at all levels within the organization.</li><li>Actively promoting L&amp;G Re’s culture of ownership across the organization and be a role model for L&amp;G behaviours of Straightforward, Collaborative and Purposeful.</li><li>Carrying out duties with integrity, purpose and diligence, ensuring that appropriate professional standards are maintained, that the pricing requirements and deadlines are met, that records are maintained appropriately and that the actuarial processes are fit for purpose and meet internal and regulatory requirements.</li><li>On an as needed basis, run and maintain reinsurance contract administration systems and processes to reconcile and process regular client reinsurance premiums and claims for clients.</li></ul>What we're looking for<ul><li>Qualified Life Actuary with 5+ years of relevant experience in pricing life/annuity business and structuring transactions.</li><li>Demonstrated understanding of technical aspects of external regulatory reporting, capital and solvency requirements and IFRS reporting.</li><li>Demonstrated ability to interpret financial information, identify key issues based on this information and propose controls and measure to address them.</li><li>Ability to design and implement efficient, robust and effective actuarial processes, incorporating and managing appropriate controls.</li><li>Ability to demonstrate strong technical actuarial skills as well as the ability to apply a balanced judgement of risks and the views of others in order to achieve business aims.</li><li>Demonstrated ability to develop effective professional relationships at all levels throughout an organisation.</li><li>Demonstrated ability to act independently, as well as part of a team, and apply sound judgement and pragmatism in order to achieve business aims.</li><li>A commercial awareness and a good understanding of the wider business, as well as the economic, market and regulatory environment in which L&amp;G Re operates.</li><li>Must be very organised, highly efficient and enjoy working in a fast-paced dynamic environment, with the ability to deliver reliable work of a high quality in demanding timescales.</li></ul>BenefitsWhatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, dependants' pensions, at least 22 days’ holiday, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products. Your hard work will be rewarded when you join us.About L&amp;GSince 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaFor nearly 200 years we have provided financial services to customers across the UK, and now the US. As one of Europe’s largest insurance and asset management groups, with over £1 trillion in assets, we are experts in safeguarding people’s financial futures.Our ambitions are underpinned by five strong businesses, each of which is innovating and expanding globally, adding new products and solutions to their strategic goals. We aim to be leaders in four key areas: retirement, investment management, capital investment and insurance. Our businesses work together to deliver on our purpose and to drive synergies across the Group.Our commitment to Equal OpportunitiesGreat 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 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

Your role at a glanceWe are looking for a Nearly/Newly Qualified Life Actuary to join us here at L&amp;G Re as a Senior Actuarial Analyst. In this role you will provide technical support for pricing of all annuity, longevity, and protection / mortality reinsurance business opportunities, including supporting the writing of Committee and Board papers.L&amp;G Reinsurance Company Limited (“L&amp;G Re”) is the global reinsurance hub of L&amp;G Group Plc. (“Group”) and a leading global reinsurer of pension risk transfer (“PRT”) business. Whilst this is a Bermuda based role, business travel may be required on occasion to the UK or other territories.What you'll be doing<ul><li>Supporting the pricing of all annuity, longevity, and protection / mortality reinsurance business opportunities.</li><li>Supporting pricing systems and processes including the review of existing systems and the development and implementation of new ones.</li><li>Supporting the team with the writing of Committee and Board papers.</li><li>Supporting relationships with clients, prospects and retrocessionaires in all territories.</li><li>Providing actuarial support to other areas of the business, including contributing to business planning, reporting and ad hoc business requests and projects.</li><li>Coaching others to achieve and maintain optimal employee engagement.</li><li>Developing and maintaining highly collaborative and effective relationships at all levels within the organization.</li><li>Actively promoting L&amp;G Re’s culture of ownership across the organization and be a role model for L&amp;G behaviours of Straightforward, Collaborative and Purposeful.</li><li>Carrying out duties with integrity, purpose and diligence, ensuring that appropriate professional standards are maintained, that the pricing requirements and deadlines are met, that records are maintained appropriately and that the actuarial processes are fit for purpose and meet internal and regulatory requirements.</li><li>On an as needed basis, run and maintain reinsurance contract administration systems and processes to reconcile and process regular client reinsurance premiums and claims for clients.</li></ul>What we're looking for<ul><li>A Part Qualified Life Actuary (with 6 or more actuarial exams passed) and a dedication to attaining actuarial credentials.</li><li>A minimum of 3 years of relevant experience of pricing life/annuity business or pension consulting experience with a focus in DB de-risking or actuarial valuation projects.</li><li>Demonstrated understanding of technical aspects of external regulatory reporting, capital and solvency requirements and IFRS reporting.</li><li>Demonstrated ability to interpret financial information, identify key issues based on this information and propose controls and measure to address them.</li><li>Ability to design and implement efficient, robust and effective actuarial processes, incorporating and managing appropriate controls.</li><li>Ability to demonstrate strong technical actuarial skills as well as the ability to apply a balanced judgement of risks and the views of others in order to achieve business aims.</li><li>Demonstrated ability to develop effective professional relationships at all levels throughout an organisation.</li><li>Demonstrated ability to act independently, as well as part of a team, and apply sound judgement and pragmatism in order to achieve business aims.</li><li>A commercial awareness and a good understanding of the wider business, as well as the economic, market and regulatory environment in which L&amp;G Re operates.</li><li>Must be very organised, highly efficient and enjoy working in a fast-paced dynamic environment, with the ability to deliver reliable work of a high quality in demanding timescales.</li></ul>BenefitsWhatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, dependants' pensions, at least 22 days’ holiday, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products. Your hard work will be rewarded when you join us.About L&amp;GSince 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it. At L&amp;G, you’ll find a balance that helps you be your best.Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance. Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaFor nearly 200 years we have provided financial services to customers across the UK, and now the US. As one of Europe’s largest insurance and asset management groups, with over £1 trillion in assets, we are experts in safeguarding people’s financial futures. Our ambitions are underpinned by five strong businesses, each of which is innovating and expanding globally, adding new products and solutions to their strategic goals. We aim to be leaders in four key areas: retirement, investment management, capital investment and insurance. Our businesses work together to deliver on our purpose and to drive synergies across the Group.Our commitment to Equal OpportunitiesGreat 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 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

Your role at a glanceWe are looking for a talented and fast learning Systems Actuary to join the Global Technology Team within our Retirement Division (LGRI) on an initial 12 Month contract basis.In this role you will be responsible for improving the current systems, technologies and technical tools that are used within LGRI. This involves using cloud technology and being at the cutting edge of new technology use within UK insurance.This role is a highly technical position, with some technical coding and software development lifecycle responsibilities, as well as system architecture design requirements.If you are looking for a challenging, varied and exciting role with elements of systems development and actuarial concepts combined then this might just be the role for you. We need people who can learn technology quickly – this is a rare opportunity!We are agnostic on location for this role and as long as you can commute to either our London or Hove offices as required (for team meetings, collaboration sessions, hackathons etc.)What you'll be doing<ul><li>Producing and owning the end-to-end actuarial design of the solution, spanning multiple software components (including evidencing at all points how the design answers the requirements with clear traceability).</li><li>Helping to convert LGRI’s strategic vision into local activities by working with stakeholders to clearly understand their requirements and then developing these into solutions which add value to the business.</li><li>Working with development teams to deliver detailed actuarial design, whilst also working with the Enterprise Architects to ensure that data and functional actuarial architectures adhere to the high-level architecture principles and support target state vision for the enterprise.</li><li>Working closely with Business Architects and Business Analysts to help with translating desired business outcomes into robust system requirements (both functional and non-functional) and having a willingness to challenge traditional thinking and design.</li><li>Participating in detailed design reviews. Which will include working with testing teams (or for smaller projects this may be self-driven) to support the definition and implementation of the testing strategy for the initiative.</li><li>Ensuring any actuarial calculations are to the required specification and carrying out robust testing to enable release to UAT (user acceptance testing).</li><li>Working with developers to elicit, validate and refine estimates for developing the software components. And planning and coordinating deployment activities across multiple technology platforms accordingly.</li><li>Helping to deliver a strategy and plan to ensure business development activities are delivered in line with Legal &amp; General’s Customer Experience and Treating Customers Fairly policy.</li></ul>What we're looking for<ul><li>Qualified Actuary or similar relevant experience in systems development at an enterprise level.</li><li>Preferably has knowledge/experience in defined benefit pension structures, individual retirement products and pension products, bulk purchase annuities and reinsurance.</li><li>A track record of analysing solutions and requirements for a wide variety of initiatives spanning multiple technologies and delivering these over a significant period of time.</li><li>Experience with modern technology change delivery processes.</li><li>Some experience with continuous delivery and process automation.</li><li>Experience in software/application development with progressively increasing responsibilities and long-term engagements with employers.</li><li>Source control and best practice would be beneficial.</li><li>Experience in facilitating and hosting workshops and focus groups with SMEs and senior stakeholders.</li><li>Proactive approach to identifying areas of inefficiency and driving resolution.</li><li>Exceptional personal and communication skills, with the ability to clearly communicate complex concepts both verbally and in writing.</li><li>Ability to adapt and work in an agile working environment and interact with people across various sites.</li><li>Technical knowledge and skills in Excel / VBA. Experience in SQL and porting of Excel to strategic systems would be beneficial.</li><li>Python / C# / R / Azure and / or cloud experience would be beneficial.</li><li>Ability to read technical code (for example C++ or Java) would be beneficial.</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, 30 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. If you are a qualified actuary you'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;GThe brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement.And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.Our commitment to Equal OpportunitiesGreat 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.

Your role at a glanceWe are looking for a Process Improvement Actuary to join our Retirement Division. This role would be ideal for someone with hands on experience in C#, C++, Python (or other equivalent programming languages) who enjoys project &amp; collaboration work.In this role you will be responsible for improving the current technical tools that are used within the Pension Risk Transfer (PRT) business from an efficiency perspective. The main focus is on increasing the computational efficiency of tools and processes across the Pricing and Execution Team; including New Business Pricing and Business Services. You will be able understand and elicit the detailed business requirements and have the skills and expertise to articulate the business logic and calculations.By working in partnership with the developers you will ensure that EUCs are replaced wherever possible, and will be able to develop, often in partnership with the developers, viable, efficient and scalable alternatives through a variety of computational languages and approaches, as appropriate.You will also be part of an existing continuous delivery team (CDM); which champions partnership thinking, continuous delivery practices and plays a key role in working across teams to ensure consistency in approach and timeliness of updates within L&amp;G Retirement.What you'll be doing<ul><li>Working closely with the new business pricing team to identify current processes which can be improved, either from a computational efficiency or mathematical perspective.</li><li>Mapping existing processes which are possible subjects for improvement and to postulate alternatives. Working with the development team where necessary to refine those recommendations into planned improvement processes.</li><li>Supporting the end users of PRT pricing tools, including assisting with communication/training for and providing desktop support for specific queries.</li><li>Maintaining and developing an appropriate test/regression pack to ensure good code coverage and robustness of the review process for tool releases.</li><li>Working closely with the wider Platform and Processes team and developers to ensure that on-desk tool developments are consistent and compatible with the direction of travel for other strategic technologies.</li><li>Assisting ad-hoc exercises on behalf of the Pricing Team to meet the requirements of various risk frameworks (e.g. MRCF, GDPR, Internal Audit ‘Spotlights’, etc)</li><li>Supporting the Pricing Team in the testing of selected pricing developments and completion of other regular tasks as appropriate.</li><li>Considering the needs of the particular target markets for products and tailor the service proposition to meet those needs effectively.</li></ul>What we're looking for<ul><li>A qualified actuary, or similar relevant experience in developing Insurance/Financial models or Pricing models.</li><li>Programming experience is essential - Languages including, but not limited to C#, C++, Python &amp; R.</li><li>Experience with cloud services (e.g. Azure or AWS) and databases (e.g. SQL) is preferred.</li><li>An understanding of occupational pensions or the bulk annuity market (is highly advantageous, but not a requirement)</li><li>Business Test Capability.</li><li>User Story Definition – being able to clearly express and articulate detailed logical business specifications, along with acceptance criteria.</li><li>Ability to clearly communicate and work closely as part of an agile team.</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;GThe brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.We need people who share our ambitions, agility and entrepreneurial spirit to help us do it. At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders.We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.Our commitment to Equal OpportunitiesGreat 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

Your role at a glanceWe have an exciting opportunity available for a Qualified Actuary to join the Technical Services Team within our newly refurbished Hove Offices.In this role you will provide technical actuarial input into the in-house system which supports our Annuities Book (both in-payment and deferred quotes) which will support and underpin both BAU releases and programme deliveries. This role would be ideal for a Life/Pensions Actuary who has strong knowledge of Defined Benefit Schemes and is also technically proficient in C#.This is a hybrid working opportunity, which means you can split your working week flexibly between your home and the office to help achieve a work-life balance which suits you.Whilst this role has been advertised as a Full Time position, we would also actively encourage applications from Part Time workers.What you'll be doing<ul><li>Providing actuarial and technical support to manage any required calculation changes to the in-house system (ALPS) and associated EUCs to ensure calculations and outputs are accurate.</li><li>Leading the planning, design and delivery of all actuarial &amp; calculation changes for ALPS and associated EUCs.</li><li>Seeking creative and innovative ways to deliver operational continuous improvement using LEAN methodologies, whilst maintaining quality, controls and customer outcomes.</li><li>Mapping existing processes to identify possible improvements and presenting alternatives.</li><li>Working with the development team and technology suppliers (where necessary) to refine recommendations and support their delivery.</li><li>Maintaining and developing appropriate test/regression packs to ensure good code coverage and robustness of the review process for system releases and improvements.</li><li>Supporting the Senior Systems Actuary in all activities relating to the ongoing support of the pricing model including updates, development, documentation and testing.</li><li>Providing PRT scheme, actuarial, calculation and data expertise to all loading teams, administration teams and across L&amp;G Retirement as required.</li><li>Support the Pensioner and Deferred Pension Loading teams in all activity including migration and new scheme loading to ensure benefit structures operate accurately and effectively leading to correct calculations, member communications and valuations data.</li></ul>What we're looking for<ul><li>A qualified Life/Pensions Actuary (or qualified through similar experience)</li><li>Strong experience in technical actuarial roles and/or system development.</li><li>In depth understanding of defined benefit pension schemes</li><li>Programming experience is preferred. Ideally with proficiency in C#, however other coding languages such as C++, R, Python etc. could be considered.</li><li>Good problem solving and analytical and financial skills; ability to understand impacts of accounting entries and ledgers, together with high volumes of customer data.</li><li>Strong organisational and change management skills and attention to detail, with a demonstrated ability to prioritise and work independently, managing a high-volume of tasks and deadlines.</li><li>Excellent interpersonal skills with the ability to successfully engage and influence a broad range of individuals across various businesses and key support functions.</li><li>Track record of building effective relationships in complex environments and being able to adapt to new ideas.</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution. If you join us, you’ll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income ProtectionYou'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;GThe brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees.We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders.We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.Our commitment to Equal OpportunitiesGreat 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. So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

<ul><li>Fulltime (35 hours per week)</li><li>Hybrid, 2/3 days in the office (London)</li></ul>About JustWe’re a FTSE 250 Financial Services company who specialise in retirement solutions. With the defined benefit buy in / buy out space growing each year, Just continues to annually grow its business by over £2bn of assets.We are a purpose driven company with compelling and credible goals. We help people achieve a better later life by providing competitive and innovative products, services, financial advice and guidance to help our customers achieve security, certainty and peace of mind in retirement.About the role:To support the company's ambitious growth plans, we are recruiting for a DB Senior Reinsurance Analyst to join our Reinsurance Team. The purpose of this role is to provide pricing analysis and actuarial input to support the DB Reinsurance Development team in delivering Just’s DB reinsurance strategy.Key Accountabilities:<ul><li>Support the embedding of new reinsurance counterparties into BAU pricing</li><li>Support DB pricing model developments to enable efficient and accurate pricing of multiple reinsurance bases</li><li>Carry out detailed pricing analyses to develop deep understanding different reinsurers’ bases, including strengths and weaknesses</li><li>Prepare and present pricing feedback to reinsurers to strengthen relationships and help improve reinsurer pricing</li><li>Work closely with the Core Pricing Leads and Pricing Development leads to ensure consistency in the metrics including reinsurance, such that pricing across reinsurers can be easily compared</li><li>Work collaboratively with colleagues in Finance and Reporting and the DB Data and Transitions and Operations team to ensure that commercial changes flow through effectively to the wider DB ecosystem - such that operational changes are communicated and made when necessary and in a timely fashion</li><li>Proactively look to improve processes and efficiencies within the DB Reinsurance Development team</li><li>Work with key internal stakeholders to ensure</li><li>Proactively work to promote a culture of collaboration and engagement within the DB Pricing team</li></ul>About You:<ul><li>Minimum of 3 years of experience of working within a pensions or investment consultancy, life insurer or reinsurer.</li><li>Prior experience of reinsurance pricing</li><li>Coding experience, for example Julia, Python and/or VBA.</li><li>Sound knowledge of technical actuarial concepts, particularly principles underlying bulk annuity pricing</li><li>Good knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.</li></ul>Company Benefits:<ul><li>A Competitive Salary, Pension Scheme and Life Assurance</li><li>25 Days Annual Leave plus an Additional Day on us for your Birthday</li><li>Private Medical Cover and Income Protection</li><li>A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets</li><li>Opportunity to progress within your career both in-role and within the company</li><li>FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical &amp; Mental Health First Aiders (On-Site)</li><li>A variety of Employee Funded Benefits available to you via our Online Benefits Portal</li><li>Plus, several additional purchase options available for you and your loved ones</li></ul>Why Just?We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050 and our scope 1 and 2 emissions to Net Zero by 2025. We’ve made good progress so far and encourage our people to make small and meaningful changes in their everyday lives, so that we can protect our planet for future generations.Diversity, Equity and inclusion (DE&amp;I) is a key priority for Just as part of our overall strategy and ensuring all of our people feel proud to work at Just. We have joined a number of initiatives including the Race at Work Charter, designed to improve outcomes for employees from underrepresented backgrounds. We also run a Reciprocal Mentoring scheme for employees from a BAME background, those with a disability and those who identify as LGBTQ&#43;. There are multiple employee network groups, which champion issues including race, gender, social mobility and neurodiversity.What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly - each other.

Your role at a glanceWe have a fantastic opportunity for a nearly/newly qualified actuary to join our Retirement Division as a Senior Actuarial Analyst in the Financial Risk Team.In this role you will support the production and analysis of stress and scenario tests (SSTs) within LGRI (Legal &amp; General Retirement Institutional). These SSTs are produced for both external disclosure and internal risk management; including but not limited to the management of the ALM position of the division.If you are inquisitive in nature and like to know the outcomes of potential real-life 'what if' scenarios then this could be the role for you.This is a hybrid working opportunity based from our London Offices in Moorgate, which will allow you to work from either the office or home in a way that best suits you.What you'll be doing<ul><li>Running a variety of sensitivities for both external disclosure and internal risk management, including to support LGRI asset-liability management (ALM). This includes both financial (e.g. interest rates, inflation) and non-financial (e.g. longevity) sensitivities.</li><li>Providing analysis of these sensitivities, including impacts on both an IFRS17 and Solvency II basis as well as commentary on movements over time.</li><li>Building and maintaining effective relationships with key stakeholders including other teams in LGRI Finance, LGRI Investments and Group Finance. Ensuring your communication is clear, concise and tailored to the needs of the various stakeholders.</li><li>Supporting the effective prioritisation and scheduling of the team’s deliveries.</li><li>Demonstrating an attitude of continuous improvement by actively supporting the development, implementation and maintenance of the team’s reporting systems and processes. Ensuring they are robust, with any associated risks assessed and appropriately controlled.</li><li>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.</li><li>Demonstrating a risk and control mind set through proactive identification of control weaknesses, and ensuring that all such weaknesses, as well as other control observations and issues are remediated quickly, sustainably, and effectively.</li><li>Demonstrating awareness, understanding, and appropriate action in relation to your personal responsibilities for information security, specifically around access management, data handling (encryption and classification), password control and building security.</li></ul>What we're looking for<ul><li>A nearly or newly qualified actuary (or a part qualified actuary with exceptional experience)</li><li>An understanding of bulk &amp; individual annuity products and reporting metrics such as IFRS17 &amp; Solvency II.</li><li>Strong analytical skills with the ability to review results for reasonableness.</li><li>Strong verbal and written communication skills, with the ability to tailor communication to meet the needs of the intended audience.</li><li>Good interpersonal skills, with the ability to influence and build relationships with key stakeholders from across the business.</li><li>Experience in implementing system/methodology improvements would be highly advantageous</li><li>Previous Financial Reporting experience would also be highly advantageous</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;GThe brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.Our commitment to Equal OpportunitiesGreat 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

About the RoleThe purpose of this role is to undertake pricing and actuarial input required to support delivery of the DB Business Plan. This will include all aspects of BAU delivery and other ad hoc requirements.Key Accountabilities<ul><li>Support DB Pricing Actuary in accurate and timely delivery of new business quotations</li><li>Populate and run pricing models to calculate premiums, including manipulation of data, assumption setting and calculation of all associated pricing metrics</li><li>Check drafts of internal sign off documentation produced by DB Actuarial Analysts for each quotation, ensuring results are presented to the DB Pricing Actuary in a clear manner, outlining all material areas of judgement and limitations</li><li>Check initial drafts of quotation documents to be issued externally</li><li>For quotes that are outsourced, work with DB Actuarial Analyst and DB Pricing Actuary to transition scheme to outsourcer and produce final deliverables for the quotation</li><li>Proactively drive projects forward to ensure they are progressed in line with expected timescales</li><li>Develop a deep knowledge of all systems and tools used in DB pricing</li><li>Provide support in ad hoc tasks such as data analysis, proposition developments, systems testing and process improvements.</li></ul>Who are Just?We’re a FTSE 250 Financial Services company who specialize in retirement solutions. With the defined benefit buy in/buy out space growing each year, Just continues to annually grow its business by over £2bn of assets.We are a purpose driven company that helps people achieve a better later life. We provide competitive and innovative products, services, financial advice, and guidance to help our customers achieve security, certainty and peace of mind in retirement.Company Benefits<ul><li>A Competitive Salary, Pension Scheme and Life Assurance</li><li>25 Days Annual Leave plus an Additional Day on us for your Birthday</li><li>Private Medical Cover and Income Protection</li><li>A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets</li><li>Opportunity to progress within your career both in-role and within the company</li><li>FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical &amp; Mental Health First Aiders (On-Site)</li><li>A variety of Employee Funded Benefits available to you via our Online Benefits Portal</li><li>Plus, several additional purchase options available for you and your loved ones</li></ul>Why Just?We are committed to building a more sustainable business and have publicly committed to reduce our scope 3 emissions to Net Zero by 2050 and our scope 1 and 2 emissions to Net Zero by 2025.We’ve made good progress so far and encourage our people to make small and meaningful changes in their everyday lives, so that we can protect our planet for future generations.Diversity, Equity, and Inclusion (DE&amp;I) is a key priority for Just as part of our overall strategy. We have joined several initiatives including the Race at Work Charter, designed to improve outcomes for employees from underrepresented backgrounds.We also run a Reciprocal Mentoring scheme for employees from a BAME background, those with a disability, and those who identify as LGBTQ&#43;. There are multiple employee network groups, which champion issues including race, gender, social mobility, and neurodiversity.What’s clear about working at Just is that we care. We care about our customers, our purpose, our environment, inclusivity, wellbeing and most importantly - each other.

Your role at a glanceWe have an exciting opportunity within our Retirement Division (LGRI) for a technically minded Qualified Actuary to join the Reporting Team as a Capital Reporting Actuary.In this role you will take ownership of the production and validation of the Solvency II SCR results. Which will include providing financial results of metrics, supporting analysis and commentary in a timely basis and to the appropriate level of quality.You will also disseminate financial information in an effective manner, ensuring that its presentation and analysis meet the wide experience and background of our customer base.This is a hybrid working opportunity, based from our Coleman Street Offices in London which will allow you to work effectively from both your home and the office, to help you achieve a work life balance that suits you.What you'll be doing<ul><li>Managing the production of the quarterly and any other ad-hoc recalculation of the SCR &amp; the validation and analysis of the internal model results such as; impacts from internal model changes, calibration and validation of the capital pricing model, stress and scenario testing on the capital position and internal model approach reviews.</li><li>Providing LGRI Solvency II capital related MI within the organisation and presenting/disseminating these results, including incorporating specialist supporting analysis and commentary for reporting metrics.</li><li>Building and maintaining effective relationships with key stakeholders including, but not limited to, other teams in Finance, Risk, Group Actuarial and internal model governance committees.</li><li>Owning the effective prioritisation and scheduling of activities required for business-as-usual reporting, analysis, and process developments whilst also allocating appropriate resources to meet ad hoc requests.</li><li>Working with the Actuarial Transformation and Group Actuarial to identify, prioritise, develop and implement process and methodology changes to improve the sophistication and accuracy of the internal model and its results and analyses.</li><li>Owning the continual development, implementation and maintenance of the team’s reporting systems, processes, and methodologies, ensuring that they are robust and that risks are assessed and appropriately controlled.</li><li>Supporting the strategic direction for the team’s reporting systems, processes and methodologies and take responsibility for reviewing process flows and wastage within models to identify opportunities for improvement in efficiency and effectiveness.</li><li>Leading, managing, motivating, utilising and developing junior employees, in a manner that is consistent with the Company’s policies and procedures including the Partnership Agreement, to maximise the performance of the area.</li></ul>What we're looking for<ul><li>A Qualified Actuary, with experience in Life Insurance.</li><li>A good technical understanding of; Solvency II reporting metrics, capital modelling, stress and scenario testing and matching adjustment.</li><li>Ideally some knowledge/experience of UK pension risk transfer.</li><li>Modelling knowledge in VBA and R.</li><li>Good Solvency II reporting experience, with SCR experience being an added bonus.</li><li>Analytical skills with the ability to review results for reasonableness.</li><li>Good communication and interpersonal skills.</li><li>Experience of effectively managing various Stakeholders.</li><li>Experience in reviewing processes and implementing improvements.</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;GThe brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet. We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises.In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.Our commitment to Equal OpportunitiesGreat 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

Your role at a glancePlease Note - Whilst this role is advertised as a Full Time role we would consider applications from Part Time workers also.
Would you relish an opportunity to help shape the development of our diverse and growing business by providing advice, challenges and support to both Legal &amp; General Retirement Institutional (LGRI) and Legal &amp; General Retail on its business proposals?If so, we are looking for x2 Qualified Actuaries to join our expanding Prudential Risk team.Prudential Risk is concerned with the sound and prudent management of our business and is a core part of the LGRI and L&amp;G Retail Risk functions. Prudential Risk provide advice and support to the business on a wide variety of topics, carrying out technical actuarial reviews of financial results, reviewing assumption setting and methodologies and proposals for new products and initiatives.The scope of LGRI’s and L&amp;G Retail’s business is broad, covering both UK and international annuities, individual retail and group protection, workplace savings and lifetime mortgages as well as the management of a wide range of investments.So whilst you can expect to focus on critical insurance risks such as longevity and mortality in this role, you will also gain exposure to many other aspects of LGRI’s and L&amp;G Retail’s businesses and work closely with market, conduct and operational risk colleagues and 1st Line teams from across L&amp;G.This is a hybrid working opportunity, which means you can split your working week flexibly between your home and either our London or Hove offices to help achieve a work-life balance which suits you.What you'll be doing<ul><li>Supporting the Prudential Risk Director (LGRI and L&amp;G Retail) in ensuring that all statutory obligations associated with the role are complied with.</li><li>Providing 2nd line risk oversight for LGRI and L&amp;G Retail on the management of prudential risk together with associated operational and reputational risks.</li><li>Contributing to the development and implementation of an appropriate framework for the management of prudential risk for the covered divisions, ensuring compliance with Group policies and standards.</li><li>Providing review and oversight of the financial results of LGRI and L&amp;G Retail for all reporting metrics.</li><li>Undertaking, reviewing, analysing and providing advice on the methodology and assumptions used for financial and regulatory reporting and risk management of LGRI and L&amp;G Retail, ensuring that they meet professional and statutory requirements as well as any further Group requirements.</li><li>Providing professional supervision of the actuarial functions of LGRI and L&amp;G Retail, to ensure that product design and liability valuation contribute towards the achievement of the objectives of LGRI and L&amp;G Retail, including appropriate risk management, and that product pricing adheres to Group Policies.</li><li>Contributing to the development, use and oversight of the Group’s capital models, ensuring that risks are identified and modelled appropriately. This could include providing advice on the formulation of calculation methodology and parameters.</li><li>Actively working with wider L&amp;G Risk teams to share information and experience and develop the aims of good risk management practice across L&amp;G.</li><li>Building and maintaining effective relationships with first line teams in LGRI, L&amp;G Retail and Group and promoting open and honest dialogue within the business to ensure early and appropriate engagement between first and second lines to enable LGRI and L&amp;G Retail to meet their business objectives.</li><li>Ensuring that the principles of Conduct Risk are embedded into day-to-day operations to deliver good customer outcomes at all times. You will also ensure that all business processes and internal controls within the role are designed and performed in a way that delivers good customer outcomes and demonstrates effective management of Conduct Risk.</li></ul>What we're looking for<ul><li>A qualified actuary (through the IFoA or equivalent)</li><li>Experience of financial management of an insurance business, including the application of standard actuarial and statistical techniques.</li><li>An understanding of risk management principles is essential.</li><li>Experience of pricing and valuation of actuarial liabilities and of the financial management of a life and annuity business is preferable.</li><li>A pragmatic thinker, who has a healthy level of scepticism and can independently reach a conclusion/decision on their own volition.</li><li>Strong communication skills, both verbal and written, that will enable them to deliver effective review and challenge of business/product developments to a wide range of stakeholders.</li><li>Report writing skills, for both executive and technical reports.</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, 30 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;GThe brand with the brolly is choosing today to change tomorrow.Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement.And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi

Your role at a glanceWe have an exciting opportunity for a student actuary to join our market-leading Pension Risk Transfer business. In this role you will join a multi-award-winning team responsible for the pricing and execution of pension de-risking transactions. You will benefit from the guidance, experience and expertise of senior team members to produce buy-in and buy-out quotations in a timely, efficient and proactive manner.This role would be ideal for someone with knowledge of Defined Benefit Pension Schemes and/or experience working at a Pension Consultancy or Life Insurer; however, we are open to candidates from other backgrounds as well.This is a hybrid working opportunity, which means you can split your working week flexibly between your home and our London office in Moorgate to help achieve a work-life balance which suits you.What you'll be doing<ul><li>Supporting the production of bulk annuity and longevity quotes to pension schemes.</li><li>Ensuring all quotes are produced with the highest level of accuracy and within Legal &amp; General’s pricing model.</li><li>Working within the wider PRT New Business Team under the guidance of senior members of the team to deliver against ambitious value and volume based new business delivery targets.</li><li>Being a proactive and productive team member by constantly looking to develop personal knowledge.</li><li>Ensuring that the highest level of support is provided to Senior Actuarial Analysts, Managers and Directors at all times.</li><li>Working in line with all relevant processes and procedures to ensure that quality and governance remains of paramount importance throughout the quotes process.</li><li>Supporting the Manager or Director in producing the first draft of the response to “requests for quotations” and benefit specifications.</li><li>Working creatively throughout the quotation process to provide innovative solutions to both clients and the market that meet customers’ needs.</li></ul>What we're looking for<ul><li>An actuarial student who is making strong progress towards their IFoA qualifications.</li><li>Ability to work quickly and accurately.</li><li>Strong communication and interpersonal skills.</li><li>Strong project management and time management skills.</li><li>Some knowledge of Defined Benefit Pension Schemes or pricing and capital modelling is desirable.</li><li>Some previous actuarial modelling experience through working in a consultancy environment, for a life insurer or for another de-risking provider is desirable.</li><li>Some previous experience of being part of a project/deal-based team is desirable.</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.Developing Actuarial TalentLegal &amp; General runs a highly regarded Actuarial Rotations Programme for students, which you will be a part of. The role you are applying to is part of our rotational program, designed to further develop and enhance your skills, and as part of this program you will be expected to rotate in both of our sites in London and Hove.Identifying and nurturing the next generation of actuarial talent is core to our business. You’ll be part of a supportive, collaborative and collegiate culture working alongside some of the brightest minds in the industry. We’ll help you put in place an individual development plan to support your future ambitions.We have an industry-leading learning and development programme including fully funded CPD courses, internal lunch and learn sessions, and the opportunity to attend both industry and Legal &amp; General proprietary events.In addition, we offer an active social programme run by actuaries for actuaries. This comprises an extensive range of clubs, as well as SIAS dinners, our Summer Challenge, dragon boat racing on the Thames, an annual picnic in Regents Park, plus our festive extravaganza.Wide-ranging opportunitiesOur “One L&amp;G” ethos means you’ll be part of a truly ambitious global business. Members of our team regularly support Legal &amp; General Retirement America and Legal &amp; General Reinsurance. In recent years we’ve offered numerous secondment opportunities in both our New York and Bermuda offices.We also have a strong relationship with our colleagues in LGIM, the UK’s largest asset manager and LGC, our alternative assets platform, who invest society’s capital for society’s benefit, creating jobs, transforming communities, and changing lives.About L&amp;GThe brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.We need people who share our ambitions, agility and entrepreneurial spirit to help us do it. At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaAs the longest serving active Pension Risk Transfer (PRT) provider in the UK, we have experienced the evolution of pension de-risking since our first transaction in January 1987. It started modestly, with the creation of a small bulk purchase annuities team, but our business and the whole industry has grown significantly since then. Today, it is widely viewed as the gold standard for protecting members' benefit promises for the long-term.

Your role at a glanceWe have a fantastic opportunity for a Qualified Actuary to join the Investment Reporting team in Legal &amp; General Retirement Institutional (LGRI) as an Investment Reporting Actuary.In this role you will take ownership of the production of IFRS and Solvency II reporting metrics with a focus on the asset side of the balance sheet. This will require you to be well organised to meet monthly deliverables, as well as providing relevant analysis and commentary on results. You will also need to be flexible and pragmatic in your approach so you can respond to ad-hoc queries from across the business.Taking innovative approaches to problem solving and having strong stakeholder management skills are also essential in this role, as you will work with numerous teams as part of the reporting process and also be expected to present results onwards to the business.Proficiency in Excel and experience of Cashflow Modelling with R would also be highly advantageous for this role.What you'll be doing<ul><li>Financial metrics delivery- The key monthly requirements are the production of the IFRS VIR and SII MA as well as ALM and sensitivity metrics. You will also take ownership of some of these deliverables in order to provide timely and accurate delivery and commentary of the results. Additionally accountabilities include but are not limited to analysis of IFRS and SII investment variance and profit and loss attribution, new business reporting, ad-hoc stress and scenario testing, model maintenance and developments, PRA requests, portfolio analysis / data requests, new asset projection methodologies and ongoing methodology and assumptions reviews.</li><li>Stakeholder relationship management -You will represent LGRI Finance for IFRS and Solvency II reporting and related MI within the company, building and maintaining effective relationships with stakeholders including, but not limited to, other teams in LGR Finance, LGR Investments, Group Finance and auditors. This will include presenting and disseminating Solvency II and IFRS reporting results, incorporating specialist supporting analysis and commentary for reporting metrics.</li><li>Management and Planning -You will own the effective prioritisation and scheduling of activities required for business as usual reporting, analysis, process developments and allocate resources to meet ad hoc requests.</li><li>People Management -You will lead, manage, motivate, utilise and develop more junior team members, in a manner that is consistent with the Company’s policies and procedures including the Partnership Agreement, to maximise the performance of the area. You will also be responsible for the direct line management of 1 student actuary in the team.</li><li>Process management and improvement -You will own the continual development, implementation and maintenance of the team’s reporting systems, processes and methodologies, ensuring that they are robust and that risks are assessed and appropriately controlled. You will also support the strategic direction for the team’s reporting systems, processes and methodologies and take responsibility for reviewing process flows and wastage within models to identify opportunities for improvement in efficiency and effectiveness.</li><li>Change management -You will lead on the implementation of system, process and methodology changes as required for the ongoing production of the IFRS and Solvency II results and analysis. As well as supporting with the identification and prioritisation of methodological improvements.</li></ul>What we're looking for<ul><li>A Qualified Actuary with previous experience in Life Insurance.</li><li>IFRS and Solvency II reporting experience/knowledge.</li><li>Analytical skills with the ability to review results for reasonableness.</li><li>An understanding/experience in Asset Modelling and Cashflow Projection (preferably in R).</li><li>A good understanding of risk and regulatory requirements.</li><li>Strong communication and interpersonal skills.</li><li>Team management, stakeholder management and mentoring experience.</li><li>Experience in reviewing processes and implementing improvements.</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;GThe brand with the brolly is choosing today to change tomorrow.Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement.And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.Our commitment to Equal OpportunitiesGreat 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

This is an exciting opportunity to join a strong and established team providing Longevity Reinsurance to the UK and international market. With an established leadership team and strong ambitions to grow supported by executive level management, the right candidate will see significant opportunity to progress their career within this exciting segment of the life industry.As the world’s fourth-largest reinsurer, SCOR size and diversification provides an excellent platform for this growth. Our Life and P&amp;C business lines provide the clients with a broad range of reinsurance solutions and independent rating agencies place us among the best-ranked reinsurance companies in the world.SCOR’s Global Longevity team is already a leader in the market. We have developed expertise in the UK de-risking market over the past 10+ years where we have written longevity protection for bulk annuity providers as well as standalone longevity protection for occupational schemes. We have also developed expertise in the individual annuity market with a focus on the use of medical underwriting and our technical knowhow enables us to price longevity for a range of different health conditions at retirement.Our success has not been limited to the UK market as we have also played a pioneering role in international territories in Europe and North America. In joining our team, you will be expected to help us grow from this strong foundation and realize the opportunities in this growing market segment.Responsibilities<ul><li>Tailor solutions that are attractive to SCOR and the client</li><li>Work with the Longevity Pricing Team to ensure the accurate and timely delivery of responses to tender requests</li><li>Ensure that key issues/risks are highlighted early and referred to key stakeholders/functions and management as appropriate</li><li>Ensure that all the internal sign-off processes are adhered to for binding quotes</li><li>Support, and eventually lead, contract negotiation and all other internal and external aspects of execution</li><li>Work closely with Internal and External Legal Counsel to optimise commercial terms for every deal</li><li>Ensure the smooth transition of new deals to the Longevity Inforce team.</li><li>Identify and prioritise new business opportunities in line with SCOR’s longevity strategy.</li><li>Develop and maintain close relationships with potential clients and working partners (e.g. pension consultants, insurers, banks etc) to gain a good understanding of the market landscape and maximise the opportunities of writing profitable new business</li><li>Explore and research opportunities in global markets, building and taking a lead on new relationships for SCOR</li><li>Provide input to innovation and the development of SCOR’s product offering and positioning for longevity including supporting the Head of Longevity Pricing on technical pricing aspects.</li><li>Develop clear understanding of client needs and motivations for longevity de-risking</li><li>Seek opportunities to improve the profile of the Longevity team both internally and externally (e.g. marketing strategy; presentations; articles etc)</li><li>Develop and maintain relationships with internal stakeholders (UK and international) to help secure support of delivery of the longevity strategy</li><li>Maintain records of key meetings and email exchanges with clients</li><li>Co-ordinate internal resources to deliver client and internal commitments involving relevant technical experts as needed</li><li>Working with the inforce management team when requested, support resolution of client issues taking accountof scale of issue and overall business relationship</li><li>Maintain a close relationship with inforce clients and work closely with the Longevity Inforce team to support as needed on day-to-day matters as well as projects</li><li>Understand key aspects of longevity pricing and associated research work</li><li>Build a network across the wider team</li><li>Participate in wider longevity and group projects as needed</li><li>Opportunities to become involved in pricing, research or in-force management will be available and encouraged.</li></ul>Qualifications<ul><li>Clear history of strong client and internal stakeholder management</li><li>Ability to focus on detailed treaty points and maintain ‘big picture’ outlook</li><li>Experience in the life and/or pensions industry and understanding of pensions and annuity landscape and motivations for de-risking</li><li>Proven project management skills</li><li>Proven success of business development in life and/or pensions industry in either insurance, reinsurance or consultancy environment (Desirable)</li><li>Life Reinsurance experience (Desirable)</li><li>Longevity treaty experience (Desirable)</li><li>Recent bulk annuity and longevity market experience (Desirable)</li><li>Enthusiasm and willingness to learn</li><li>Excellent communication (including written and verbal presentation) and interpersonal skills</li><li>Excellent commercial awareness combined with sound actuarial judgement to produce saleable longevity reinsurance solutions that meet client needs and SCOR’s requirements</li><li>Strong interest in developing new and innovative solutions</li><li>Client focused and able to communicate effectively in client meetings</li><li>Self-motivated</li><li>Team player</li><li>Evidence of prior academic achievement. Actuarial qualifications useful but not required</li></ul>About usSCOR, the 4th largest reinsurer in the world, provides insurance companies with a diversified and innovative range of solutions and services to control and manage risk. Leveraging experience and expertise to deliver “The Art &amp; Science of Risk”, SCOR provides cutting-edge financial solutions, analytics tools and services in all areas related to risk – from Life &amp; Health and Property &amp; Casualty insurance to Investments. Our specialized teams operate in over 160 countries, fostering long-term relationships with clients.At SCOR, we believe that employing people from different backgrounds and ensuring inclusivity is a major driving force for the success of the Group. We are committed to fostering a work environment in which all employees are treated fairly and respectfully, have equal access to opportunities and resources, and can contribute fully to SCOR’s success.

Job Title: DB Actuarial AnalystLocation: Reigate (Hybrid)The RoleThe DB Actuarial Analyst will undertake pricing and actuarial input required to support delivery of DB Data True Ups and other tasks relating to in-force business.Key Responsibilities<ul><li>Support Head of True up, DB Actuary and DB Senior Actuarial Analyst in accurate and timely delivery of data true ups.</li><li>Prepare internal sign off documentation produced for each quotation, ensuring results are presented in a clear manner, outlining all material areas of judgement and limitations.</li><li>Prepare drafts of client deliverables / data true up letters to be issued externally.</li><li>Carry out all necessary BAU work for in force business which includes scheme valuations and individual member calculations.</li><li>Develop a deep knowledge of all systems and tools used by the True up team.</li><li>Proactively work to promote a culture of collaboration and engagement within the True up team.</li></ul>Key Skills<ul><li>2.1 or above in an Actuarial or Maths related degree is desirable, and / or working towards FIA qualification with some relevant experience.</li><li>Desire for an Actuarial career.</li><li>Understanding of actuarial principles and techniques.</li><li>Familiarity with DB pension scheme benefits, and regulation is desirable.</li><li>Familiarity with life insurance principles and regulation is desirable.</li><li>Good IT skills, particularly Excel.</li><li>Strong analytical and problem-solving skills.</li></ul>Overview of CompanyWe're a specialist UK financial services group focusing on attractive segments of the UK retirement income market. We need agile operators, who can quickly find solutions and are committed to doing the right thing for our customers. To fulfil our purpose to help people achieve a better later life.Company Benefits<ul><li>Competitive Salary, amazing Pension Scheme and Life Assurance.</li><li>25 Days Annual Leave plus an Additional Day on us for your Birthday.</li><li>Private Medical Cover and Income Protection.</li><li>A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets.</li><li>Opportunity to progress within your career both in-role and within the company.</li><li>FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site).</li><li>A variety of Employee Funded Benefits available to you via our Online Benefits Portal.</li><li>Plus, several additional purchase options available for you and your loved ones.</li></ul>

The RoleThe DB Senior Actuarial Analyst will undertake pricing and actuarial input required to support delivery of DB Data True Ups and other tasks relating to in-force business.Key Responsibilities<ul><li>Support the Head of True up and DB Actuary in accurate and timely delivery of data true ups.</li><li>Prepare/check internal sign off documentation for each quotation, ensuring results are presented to Head of True up or DB Actuary in a clear manner, outlining all material areas of judgement and limitations.</li><li>Prepare/ check drafts of client deliverables / data true up letters to be issued externally.</li><li>Carry out all necessary BAU work for in force business which includes scheme valuations and individual member calculations.</li><li>Proactively drive projects forward to ensure they are progressed in line with expected timescales.</li><li>Proactively work to promote a culture of collaboration and engagement within the True up team.</li><li>Actively assist in development of junior team members.</li></ul>Key Skills<ul><li>Open to either someone working towards the FIA qualification or a stopped studier where relevant Actuarial experience gained in a Life Company or Re Insurer is more important.</li><li>Strong analytical and problem-solving skills.</li><li>Good IT skills, particularly Excel.</li><li>Excellent verbal and written communication skills, with the ability to present complex financial concepts in a clear and concise manner.</li><li>Sound knowledge of technical actuarial concepts, particularly principles underlying bulk annuity pricing.</li><li>Good knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.</li></ul>Overview of CompanyWe're a specialist UK financial services group focusing on attractive segments of the UK retirement income market. We need agile operators, who can quickly find solutions and are committed to doing the right thing for our customers. To fulfil our purpose to help people achieve a better later life.Company Benefits<ul><li>Competitive Salary, amazing Pension Scheme and Life Assurance</li><li>25 Days Annual Leave plus an Additional Day on us for your Birthday</li><li>Private Medical Cover and Income Protection</li><li>A generous and highly achievable bonus scheme – paid annually based on individual and company performance against targets.</li><li>Opportunity to progress within your career both in-role and within the company.</li><li>FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)</li><li>A variety of Employee Funded Benefits available to you via our Online Benefits Portal</li><li>Plus, several additional purchase options available for you and your loved ones</li></ul>

We have an exciting opportunity for a qualified actuary to join the post-sale team within our market-leading Pension Risk Transfer business as an Actuarial Manager. As an Actuarial Manager in our Collateral &amp; Reinsurance Management (CRIM) team you will manage the on-boarding and on-going management of internal and external reinsurance arrangements and longevity insurance policies, with post-sale actuarial support provided across all PRT deals.This role would be ideal for someone with knowledge of Defined Benefit Pension Schemes and/or experience working at a Pension Consultancy or Life Insurer; however, we are open to candidates from other backgrounds as well.This is a hybrid working opportunity, which means you can split your working week flexibly between your home and our London office in Moorgate to help achieve a work-life balance which suits you.What you'll be doing:<ul><li>Actively supporting the Co-Heads of CRIM to ensure that contractual requirements of reinsurance arrangements and longevity insurance policies are correct and run in-line with the defined timescales.</li><li>Building and maintaining effective working relationships with our reinsurance counterparts, or, in relation to longevity insurance policies, our Trustee counterparts.</li><li>Working collaboratively with a range of internal teams to support the range of processes arising between the time new business is won and collateral calculation and posting processes are established.</li><li>Continually driving forward/improving the knowledge and understanding of personnel by identifying and ensuring the provision of appropriate training.</li><li>Providing approval for payments relating to longevity insurance, collateralised buy-ins &amp; reinsurance agreements.</li><li>Developing processes to ensure that the management of longevity insurance and reinsurance agreements is increasingly efficient.</li><li>Ensuring that work carried out adheres to an appropriate risk management and control framework.</li><li>Taking the lead on actuarial support across PRT deals. This includes being responsible for the completion of Final Premium costings, buy-in policy valuations and any restructures of insured benefits.</li></ul>What we're looking for:<ul><li>A qualified actuary through the IFoA or equivalent.</li><li>Previous experience working within a Consultancy environment, for a Life Insurer or for another De-risking provider.</li><li>Strong stakeholder management and communication skills.</li><li>Extensive knowledge of Defined Benefit Pension Schemes including current de-risking solutions.</li><li>Project management skills, with a track record of leading and delivering on complex projects</li><li>Strong networking skills, with the ability to build relationships and interact effectively at all levels across the business.</li></ul>Benefits:When you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll receive a car allowance of 12% of your annual salary, and you can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;G:Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business area:As the longest serving active Pension Risk Transfer (PRT) provider in the UK, we have experienced the evolution of pension de-risking since our first transaction in January 1987. It started modestly, with the creation of a small bulk purchase annuities team, but our business and the whole industry has grown significantly since then. Today, it is widely viewed as the gold standard for protecting members' benefit promises for the long-term.We’re proud of our achievements over those 35 years; from the success of the past decade in which we’ve secured more than £50 billion of pension scheme members’ retirement income to growing our international business in the US and Canada.During that time, we’ve completed some of the largest transactions in UK market history as well as investing over £30 billion into areas like urban regeneration, transport, housing and clean energy.We’ve written more UK buy-in and buy-out business than any other insurer. We’re the most decorated insurer in our industry: we’ve been named De-risking Provider of the Year by the Financial Times for four of the past five years, and we’ve shone individually as well. In 2022, colleagues in our business won Director of the Year, Mentor of the Year and Team Leader of the Year at prestigious industry-wide awards.We’re excited to continue to evolve and drive innovation in the solutions we provide and the customer service we offer, supporting the pensions sector for the next 35 years and beyond.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.Across our Group, we run a multi award-winning Diversity and Inclusion (D&amp;I) programme that actively champions equality in all its forms. Our D&amp;I programme offers opportunities for colleagues to get involved and help drive meaningful changeWe 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

The RoleAs the DB Actuary, you will undertake pricing and actuarial input required to support the delivery of DB Data True Ups and other tasks relating to in-force business.Key Responsibilities<ul><li>Support Head of True up in the accurate and timely delivery of data true ups.</li><li>Check/review internal sign off documentation produced by the DB (Senior) Actuarial Analysts for each quotation, ensuring results are presented to the Head of True up in a clear manner, outlining all material areas of judgement and limitations.</li><li>Prepare/check/review drafts of client deliverables/data true up letters to be issued externally.</li><li>Provide final pricing review/sign off for data true ups within appropriate limits as agreed by the Head of True up.</li><li>Prepare/check scheme valuations and ensure they are delivered in a timely and accurate manner.</li><li>Prepare/check individual member calculations carried out by the DB (Senior) Actuarial Analysts, to ensure they are delivered in a timely and accurate manner.</li><li>Provide final pricing review/sign off for individual member calculations, within appropriate limits as agreed by Head of True up.</li></ul>Key Skills<ul><li>Experience of working within a pension consultancy or life insurance company.</li><li>Strong knowledge and awareness of the pension market and relevant pensions legislation.</li><li>Strong knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.</li><li>Strong technical skills and technical knowledge of actuarial concepts (particularly those underlying bulk annuity pricing).</li><li>Excellent verbal and written communication skills, with the ability to present complex financial concepts in a clear and concise manner.</li></ul>

We have a fantastic opportunity for a qualified actuary to join our Retirement Division as a Longevity Risk Actuary on a 12 Month Fixed Term basis.In this role you will be responsible for the production and communication of pricing, reporting and capital assumptions for Longevity for both L&amp;G's UK and International Retirement (primarily annuities) Businesses.This would be an ideal role for a qualified actuary with a keen eye for detail, who has the ability to run individual projects independently and communicate effectively to a range of stakeholders.This is a hybrid working opportunity which will give you the freedom to work between your home and our London Offices in Moorgate.What you'll be doing<ul><li>Developing, maintaining and refining the mortality models used within the team.</li><li>Developing longevity assumptions, analytics and solutions for the purposes of pricing, reporting and capital requirements for both L&amp;Gs UK and international territories.</li><li>Analysing and modelling longevity risk (primarily annuitant base mortality, mortality trend, and spouse demography) to ensure appropriate controls and processes are in place.</li><li>Developing solutions that are responsive to new information as well as providing long term stability, enabling L&amp;G Retirement to meet its financial reporting strategy and manage earnings volatility.</li><li>Providing mortality support and development for new initiatives across pricing, reporting and capital as and when required by the business by helping stakeholders define the problem and develop scope of analytical projects, providing useful insight to drive decisions.</li><li>Developing appropriate models and tools for the analysis of longevity risk trends and uncertainty. The business solutions developed will use appropriate statistical methodologies to enhance LRT modelling capabilities.</li><li>Staying abreast with, and where appropriate contribute to, external longevity risk developments, ensuring that Legal &amp; General’s longevity assumptions remain appropriate. This includes (but is not limited to) the work of CMI sub-committees.</li><li>Taking responsibility for the accuracy and completeness of analyses conducted for assigned mortality related projects, and associated reports. This could include, but is not limited to: mortality management information, development of mortality assumptions for UK and international business and/or ensuring appropriate actuarial controls are in place.</li><li>Supporting the wider longevity team by providing technical advice and guidance to colleagues. Ensuring cohesive working across the different work strands within the team and sharing of knowledge.</li><li>Line managing some junior staff members within the team and demonstrating effective leadership behaviours.</li></ul>What we're looking for<ul><li>Preferably a qualified actuary (although we would also be open to nearly qualified actuaries too) - ideally with broad Life or Pensions experience across pricing, reporting and capital.</li><li>Practical experience of model development and the application of statistical methodologies. And ideally also an understanding of data mining and predictive modelling in relation to mortality analyses.</li><li>An understanding of key actuarial concepts relating to mortality, annuities, life table concepts and the methodology employed in mortality experience investigations.</li><li>Analysis and reporting experience using internal and external mortality data sets and understanding the impact on mortality and mortality measures (life expectancy, annuity values, capital and reserving impact)</li><li>Longevity experience with specific knowledge of base and trend mortality and common practices.</li><li>Advanced Excel skills are essential (knowledge of SAS, R or other coding languages would be highly advantageous)</li><li>Excellent written, oral and presentation skills, with the ability to engage with internal and external stakeholders and influence them accordingly.</li><li>Ability to plan projects for yourself or the team, including setting out purpose, objectives, milestones, deliverables etc. And tracking progress, provide issue resolution and ensuring delivery of requirements to the expected quality and budget.</li><li>Ability to apply actuarial techniques, principles and methods to solving both routine and unstructured problems. Putting forward ideas and identifying opportunities/ proposals to enhance the performance and contribution of the team and wider department.</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including 27 days holiday (excluding bank holidays), an annual supplement for private medical insurance, generous pension scheme and life assurance, We’re also proud to offer competitive family leave.You'll also receive a car allowance of 12% of your annual salary if you are a fully qualified actuary.You’ll have the opportunity to participate in our annual, performance-related bonus plan, and there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.About L&amp;GThe brand with the brolly is choosing today to change tomorrow.Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.Our commitment to Equal OpportunitiesGreat 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

Your role at a glanceWe have a fantastic opportunity for a part-nearly qualified actuary to join the post-sale team of our market-leading Pension Risk Transfer business as a Senior Actuarial Analyst.In this role you will focus on managing the arrangements agreed following a DB Pension Risk Transfer (PRT) deal. Which will involve maintaining ongoing relationships with numerous reinsurers, and potentially Trustee counterparts too.You will also provide calculations relating to post-sale pricing, reinsurance, longevity insurance, and collateral arrangements.This role would be ideal for someone with existing knowledge of Defined Benefit Pension Schemes and/or experience working at either a Pension Consultancy or another Life Insurer; however, we are open to candidates from other backgrounds as well.This is a hybrid working opportunity, which means you can split your working week flexibly between your home and our London office in Moorgate to help achieve a work-life balance which suits you.What you'll be doing<ul><li>Proactively supporting the Actuarial Manager in providing post-sale monitoring and calculations relating to buy-in/out pricing, reinsurance, longevity insurance and collateral arrangements.</li><li>Helping to on-board new PRT reinsurance arrangements, including reviewing, and providing comments to draft contracts and models.</li><li>Providing the highest level of support to internal and external clients including consultants, trustees, and reinsurers.</li><li>Supporting and checking the work of the Operations Analyst in our Collateral and Reinsurance Services team.</li><li>Providing actuarial support to projects relevant to the wider PRT new business team.</li></ul>What we're looking for<ul><li>Part-nearly qualified actuary who is making good progress with the actuarial exams.</li><li>Excellent attention to detail and a high level of accuracy.</li><li>Strong communication and interpersonal skills.</li><li>Strong time management skills with the ability to work to tight deadlines to ensure project delivery.</li><li>Knowledge of Defined Benefit Pension schemes, and associated valuation techniques e.g. triennial valuations (would be highly advantageous)</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution.If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave.You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings.Legal &amp; General runs a highly regarded Actuarial Rotations Programme for students, which you will be a part of. The role you are applying to is part of our rotational program, designed to further develop and enhance your skills, and as part of this program you will be expected to rotate in both of our sites in London and Hove.About L&amp;GThe brand with the brolly is choosing today to change tomorrow.Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees. We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.Our commitment to Equal OpportunitiesGreat 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

Company:Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903.We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.Responsibilities:<ul><li>Support the Head of ALM Front Office in asset and liability management (ALM) and optimisation across the Canada Life Group European entities, including Irish Life, in respect of an asset portfolio of £30bn.</li><li>Support the Head of ALM Front Office in the optimisation of the Canada Life Limited (CLL) £9bn Matching Adjustment Portfolio (MAP).</li><li>Support the Investments Function and Commercial’s Pricing sub function to develop and implement an optimal asset strategy/ mix for New Business in respect of both the CLL and Irish Life businesses, including pricing for strategic 3rd party Bulk Annuity transactions.</li><li>Reports to the Head of ALM Front Office.</li><li>This position would suit a newly qualified actuary or up to 3 years post qualified.</li><li>Support the Head of ALM Front Office in the optimisation of the MAP, producing regular asset/liability projections, developing rebalancing proposals with Investments, evaluating and recommending new asset classes and providing regular reporting on trading activities and rationale.</li><li>Support Pricing with recommendations of asset mix alternatives and returns (Markers), support onboarding of assets, coordinating in-specie transfers and mitigating onboarding risks (taking into account any reinsurance arrangements).</li><li>Support the Head of ALM Front Office and Investments with formulating asset strategy/mix taking into account relative asset attractions under Canadian/UK/EU regulatory regimes and setting guidelines for Investments on trading. Monitor impact of trading and liability changes in quarter.</li><li>Support the delivery of ALM information to multiple internal teams, delivering in line with Investment Management Agreements (IMAs) and Service Level Agreements (SLAs) with Investments front office and SLAs with Irish Life and Pricing.</li><li>Assist in the continuous review and improvement of the departments’ processes and procedures to ensure the provision of timely, accurate and efficient levels of service.</li></ul>Requirements:<ul><li>Strong understanding of asset classes to enable accurate production of Asset Liability Matching results.</li><li>Good knowledge of Solvency II and the Matching Adjustment. Knowledge of IFRS 17 and Bulk Annuities would be beneficial, but not essential.</li><li>Strong communication skills (able to articulate technical and complex issues clearly both verbally and in writing to senior audiences including non-actuaries).</li><li>Able to develop and consider all solutions to a technical problem, making recommendations and implementing actions as agreed with the Head of ALM Front Office or other key stakeholders.</li><li>Demonstrates personal drive, energy, persistence and self-motivation and awareness of the needs of the wider business.</li><li>Ability to build sound and trusted relationships both within and external to the team, successfully managing multiple stakeholders.</li><li>Demonstrates an understanding and ability to implement/maintain an actuarial control framework and meet governance requirements.</li><li>Proven track record of delivering under tight time pressure.</li><li>Qualifications: Fellow of the Institute and Faculty of Actuaries (or equivalent).</li></ul>What you’ll like about working here:As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. You’ll also receive the support you need with your personal and professional development.Diversity and inclusion:Canada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences. We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.

Your role at a glanceWe have a fantastic opportunity for a Part-Qualified Actuary to join our Business Solutions Team as an Actuarial Analyst. In this role you will work as part of the Legal &amp; General Retirement Institutional (LGRI) Business Solutions Team and help the business to achieve their targets in terms of capital usage, premium volume and margin.You will do this by supporting the analysis of the financial impact of reinsurance structures on the existing annuity book and also new business pricing, which feeds into the design and presentation of solutions and supporting governance processes.This is a hybrid working opportunity, which means you can split your working week flexibly between your home and our London office in Moorgate to help achieve a work-life balance which suits you.What you'll be doing<ul><li>Working as part of the LGRI team to support it to achieve its targets in terms of capital usage, premium volume and margin by providing quantitative and qualitative analysis on initiatives feeding into structural development and approval process.</li><li>Supporting the development and implementation of strategies for LGRI by providing quantitative and qualitative analysis on initiatives feeding in to structural development and approval process.</li><li>Supporting the Business Solution Directors and Managers in the execution, governance and analysis of L&amp;G’s reinsurance contracts by providing material for governance papers, working with the reinsurer to obtain pricing, assessing the pricing, and calculating the IFRS and Solvency financial impacts.</li><li>Providing analysis of structural solutions to help manage L&amp;G’s risk position.</li><li>Supporting the development of new structures, collateral arrangements, security agreements, within LGRI by creating and maintaining models required to accurately assess their impact on IFRS and Solvency II metrics.</li><li>Supporting the Directors and Managers in ensuring that new reinsurance transactions are effectively handed over to the PRT Business Services team upon completion.</li><li>Supporting the Managers in producing some of our regular MI around reinsurance deals and exposure to reinsurers.</li></ul>What we're looking for<ul><li>Part Qualified Actuary who is making good progress through the IFoA Exams.</li><li>Previous experience as an Analyst; for example in pricing PRT schemes at another insurer or working within a pensions consultancy or brokerage environment would be highly advantageous.</li><li>A strong communicator with the ability to communicate to colleagues and stakeholders in an appropriate manner at all levels.</li><li>A self starter, who is willing to get involved with a variety of tasks and/or projects, and will not be phased by the varying, dynamic nature of the work.</li><li>Good understanding/experience of capital modelling under Solvency II.</li><li>Knowledge of pension regulation and its application to pension buyouts and longevity insurance.</li><li>Basic knowledge of the relevant statutory and regulatory regime applicable to the Group’s businesses and its corporate governance.</li><li>In depth knowledge of the annuity insurance and reinsurance business and how it interrelates with the rest of the Group.</li></ul>BenefitsWhen you commit to Legal &amp; General, we’ll commit to you too. That means we’ll recognise and reward your hard work, your performance and your contribution. If you join us, you’ll get access to some great benefits, including private medical insurance, at least 25 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection.You can participate in our electric car scheme, which offers employees the option to hire a brand new electric car through tax efficient salary sacrifice. We’re also proud to offer competitive family leave. You’ll have the opportunity to participate in our annual, performance-related bonus plan and valuable share schemes. And then there are the many discounts we offer that you can take advantage of – both for our own products and at a range of high street stores and online offerings. Legal &amp; General runs a highly regarded Actuarial Rotations Programme for students, which you will be a part of.The role you are applying to is part of our rotational program, designed to further develop and enhance your skills, and as part of this program you will be expected to rotate in both of our sites in London and Hove. For internal candidates, please note that your application will be shared with the L&amp;G Chief Tutor. This is your name only and for rotation purposes.About L&amp;GThe brand with the brolly is choosing today to change tomorrow. Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.We need people who share our ambitions, agility and entrepreneurial spirit to help us do it. At L&amp;G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are.We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance. Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&amp;G. Will you join us?About the business areaSecuring pensions over the long term can be a challenge for many businesses. Our ambition at Legal &amp; General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees.We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders. We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.Our commitment to Equal OpportunitiesGreat 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.So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

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