Edinburgh

Norwich

London

Bristol

Reigate

Potters Bar

Bermuda

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Investments

Pensions

Products

Reporting

Reinsurance

Risk

Python

Modelling

Coding

Regulation

Bulk Annuities

Pricing

Capital

Longevity

Excel

Marketing

Contract

Your role at a glanceWe have a fantastic opportunity for a part/nearly qualified actuary to join our market-leading Pension Risk Transfer business as a Senior Actuarial Analyst.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 fellow team members to ensure that we produce buy-in and buy-out quotations that are both accurate and fall within L&amp;Gs pricing model.You will also be responsible for supervising and reviewing quotations produced by more junior members of the team in this doer/checker role. 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>Supervising Actuarial Analysts in providing bulk annuity and longevity quotes to pension schemes in a timely, efficient and proactive manner ensuring that the highest level of support is provided to the Pricing Managers and Directors at all times.</li><li>Ensuring all quotes are produced with the highest level of accuracy and within Legal &amp; General’s pricing model &amp; over time be considered an expert in the use of capital and pricing models within quote production.</li><li>Supervising and reviewing quotations produced by Actuarial Analysts whilst seeking support from Pricing Managers or Directors for more complex or larger transactions.</li><li>Working within the PRT Pricing &amp; Execution Team to deliver against ambitious value and volume based new business delivery targets.</li><li>Being an active and productive member of the wider PRT New Business Team, which will include looking to constantly develop self knowledge with a view to future career progression.</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 Pricing Manager or Director in producing governance documentation and 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><li>Supporting Managers in ensuring that new business transactions are effectively handed over to the Technical Services Team upon completion.</li><li>Ensuring that the principles of Conduct Risk are embedded into your day to day operations to deliver good customer outcomes at all times and that all business processes and internal controls within your 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 part-nearly qualified actuary who is making strong progress towards their IFoA fellowship.</li><li>Previous actuarial modelling experience through working in a consultancy environment, for a life insurer or for another de-risking provider.</li><li>Some knowledge of Defined Benefit Pension Schemes or pricing and capital modelling.</li><li>Previous experience of being part of a project/deal based team, including delegation to more junior team members is highly desirable.</li><li>Ability to work quickly and accurately, without compromising quality.</li><li>Strong communication and interpersonal skills.</li><li>Strong project management and time management skills.</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. 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 have a strong relationship with our colleagues in LGIM, the UK’s largest asset manager and LGC

We have an exciting opportunity for a qualified actuary to join our market-leading Pension Risk Transfer business as an Actuarial Manager.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 your fellow team members to produce buy-in and buy-out quotations in a timely, efficient and proactive manner.You will also provide peer reviews and sign off on quotations produced by other members of the team &amp; produce the first draft response to “requests for quotations” to ensure they are always tailored to the particular client.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>Providing bulk annuity and longevity quotes to pension schemes in a timely, efficient and proactive manner.</li><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 always tailored to the particular client.</li><li>Keeping a consistent focus on working towards delivery against ambitious value and volume based new business targets.</li><li>Working with Pensions Consultants to truly understand the target scheme, including any particular requirements in terms of insurer responses or insurer selection. Then working creatively throughout the quotation process to provide innovative solutions to both clients and the market that meet the customers’ needs.</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 optimise pricing for DB schemes.</li><li>Producing complete, succinct and transparent governance documentation to support quotations. Ensuring all quotes are produced with the highest level of accuracy and in line with Legal &amp; General’s pricing model.</li><li>Ensuring that the highest level of support is provided by team members to Directors, Consultants and Trustees at all times. Including providing support to Directors with their portfolio of relationships with consultants.</li><li>Ensuring that the Pricing &amp; Execution Team works in line with all relevant internal processes/procedures and that quality and governance remains of paramount importance throughout the quotes process. Ensuring that the principles of Conduct Risk are embedded into the day to day operations of the team and the relevant controls are in place for effective management of Conduct Risk.</li><li>Ensuring that new business transactions are effectively handed over to the Technical Services Team upon completion.</li><li>Acting as a role model and effectively delegating to a team of actuarial students you will be managing, with an emphasis on promoting the knowledge and career development of your team members.</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>Good knowledge of Defined Benefit Pension Schemes and/or Pricing and Capital Modelling.</li><li>Previous experience of adapting to new projects or situations by the development and implementation of new/non-standard and innovative solutions.</li><li>Strong sales experience and/or presentation skills.</li><li>Excellent time management and prioritisation 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>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.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 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.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.A market-leading and multi-award-winning businessWe’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 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.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.

We are recruiting for an Actuarial Analyst to join our Bulk Purchase Annuity (BPA) team in Norwich. This is a great job for an enthusiastic individual with excellent organisational and communication skills who’s passionate about delivering first class service. You will join a supportive and growing team at an exciting time, as we shape our proposition and re-design how we work to achieve our goals.A bit about the job:The position holder will join our onboarding team. This team is responsible for the installation of a scheme from scheme win, to when it is ready to move in to the BAU administration team. You will be responsible for:<ul><li>Interpreting scheme data and benefit structure details, building schemes within the Administration system, and testing outputs within set timescales</li><li>Understanding challenges as they come about and removing blockages for the team</li><li>Supporting the development of new system functionality</li><li>Challenging processes and helping to create improvements</li><li>First point resolution for scheme data and benefit structure queries</li><li>Supporting the team and implementation managers to help meet client milestones</li></ul>Skills and experience we’re looking for:<ul><li>Excellent mathematical skills with the ability to accurately handle large data sets.</li><li>Knowledge of Defined Benefit schemes and/or Bulk Purchase Annuities gained from working within the insurance or financial services sector would be desirable.</li><li>Enthusiasm to learn more about defined benefit scheme structures and variations.</li><li>Problem solving and data analysis skills with a high attention to detail.</li><li>Effective verbal &amp; written communication skills, with good interpersonal skills and the ability to work as part of a team.</li></ul>What you’ll get for this role:Our purpose - with you today, for a better tomorrow – is a promise we make to our colleagues too.  And one of the ways we live up to that promise is by investing in you.  We have so much to offer when it comes to being an Aviva colleague.<ul><li>Starting salary between £25,000 and £28,000 (depending on location, skills, experience, and qualifications)</li><li>Bonus opportunity - 6% of annual salary; Actual amount depends on your performance and Aviva’s.</li><li>Generous pension scheme - Aviva will contribute up to 14%, depending on what you put in.</li><li>25 days holiday plus bank holidays, and you can choose to buy or sell up to 5 days</li><li>Make your money go further - Up to 40% discount on Aviva products , and other retailer discounts</li><li>Up to £1,200 of free Aviva shares per year through our Matching Share Plan and share in the success of Aviva with our Save As You Earn scheme</li><li>Brilliantly supportive policies including parental and carer’s leave</li><li> Flexible benefits to suit you, including sustainability options such as cycle to work</li><li>Make a difference, be part of our Aviva Communities and use your 3 paid volunteering days to help others </li><li>We take your wellbeing seriously with lots of support and tools</li></ul>Aviva is for everyone:We’re inclusive and welcome everyone – we want applications from people with diverse backgrounds and experiences.Excited but not sure you tick every box? Research tells us that women, particularly, feel this way.  So, regardless of gender, why not apply. And if you’re in a job share just apply as a pair.We flex locations, hours and working patterns to suit our customers, business, and you. Most of our people are smart working –spending around 50% of their time in our offices every week - combining the benefits of flexibility, with time together with colleagues.We interview every disabled applicant who meets the minimum criteria for the job. Once you’ve applied, please send us an email stating that you have a disclosed disability, and we’ll interview you.

The purpose of this role is to assist in the delivery of DB proposition developments with a strong focus on delivering developments into the future.The role will focus on longer term strategic initiatives to ensure that the DB business and Just is at a competitive advantage. This will include the working up of options, requirements and potential solutions; refinement, assessment, analysis and delivery into business. Developments will include product developments, reviews, systems and process development, and other capability.Examples of Key Activities<ul><li>Develop ideas for the long term strategy of the DB business, ensuring that Just maintains a competitive advantage over our competitors – to include ideas such as ,master trusts for DB, Consolidators for insurance companies and possible opportunities in other jurisdictions.</li><li>Work with other parts of the business (e.g. HUB) to maximise possible opportunities to hit business plan, working with other Heads of within the Commercial team to enable this.</li><li>Produce research, improve models and analyse data to create further opportunities to maximise the proposition enabling Just to maximise business plan.</li><li>Attend meetings with EBC’s, professional trustees and other market stakeholders to understand the needs of the wider DB market, ensuring ideas are then explored in detail to see if they create opportunities for the Just Group.</li><li>Produce and present papers to SMT to ensure ideas are represented at highest level.</li><li>Understand the risks of the business and mitigate where appropriate.</li><li>Ensure that material changes and risks to the market and trends are widely understood and explained to Director of Commercial/Managing Director of DB</li><li>Present at external events – presenting thought leading ideas to a wide audience</li><li>Deputise for Head of Proposition Development at relevant meetings</li></ul>Skills and Knowledge<ul><li>Strong level of business acumen.</li><li>Problem analysis and resolution skills.</li><li>Ability to cope with conflict and crisis situations.</li><li>Capable of working collaboratively, effectively and understand resource implications/</li><li>Excellent verbal, written communication, and interpersonal skills.</li><li>Open minded and willing to engage in challenge.</li><li>High degree of understanding of the products and services provided by the Group, the markets, and the regulatory / legal framework that the Group operates within.</li><li>Strong knowledge of the DB de-risking market, pricing of DB liabilities and associated metrics, Annuity products and pricing systems,  Solvency II capital requirements and Reinsurance arrangements.</li><li>Experience gained in the Life Insurance industry</li><li>Strong defined benefit experience and strong knowledge of current Pensions legislation.</li></ul>About UsWe’re a specialist UK financial services group focusing on attractive segments of the UK retirement income market. But guess what, we’re not your traditional financial services company, and we’re not just looking for traditional financial services people. We need agile operators who can quickly find solutions and are committed to doing the right thing for our customers.We are passionate about our strong purpose of helping people achieve a better later life, and our culture is built around our identity of being Just. We do the right thing in the right way. Collaborating and valuing differences makes us a successful team in which everyone feels included. Our culture, combined with our strong purpose, is one of our key competitive advantages and helps us to make Just an inclusive and great place to work.Working for us, you get your Just Rewards<ul><li>A Competitive Salary, amazing Pension Scheme and Life Assurance</li><li>Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday</li><li>Private Medical Cover and Income Protection, just in case</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>

The Canada Life Bulk Annuity team located in Potters Bar, (Herts) are currently recruiting for a part qualified actuary to join them on the company student scheme. This position will support the pricing and analysis of Bulk Annuities and would ideally suit a part qualified actuary with DB pensions modelling experience.The role will also involve maintaining and improving the pricing basis and pricing processes and there may also be opportunities to work on the wider development of the Bulk Annuity proposition.As a senior actuarial trainee at Canada life you will be responsible for providing actuarial, statistical and financial insight and analysis to management. You will have opportunity to advise the business or management to ensure that we are managing risk exposure to the business in order to satisfy our statutory responsibilities as well as the needs of policyholders and that of our regulators.Key Accountabilities<ul><li>Assisting in the quotations for bulk annuity buy-ins and buy-outs</li><li>Responsibility for the benefit modelling of schemes and accurate &amp; complete data manipulation.</li><li>Development and maintenance of bulk annuity pricing models in accordance with the Technical Actuarial Standards (where relevant) and End User Computing</li><li>Contributing to the continuing development of pricing development to help the production of pricing reports in accordance with Canada Life’s standards and policies</li><li>Provide appropriate support to managers and others to implement recommendations/facilitate change to support the requirements of the business</li><li>Support the reinsurance of the bulk annuity schemes and data verification processes.</li></ul>General responsibilities<ul><li>Ensure familiarity with risk management programs, as they impact this role, and follow appropriate risk management procedures to control, monitor and report on business activities</li><li>Ensure compliance with Company policies, regulatory, professional &amp; legal requirements</li><li>Actively study for the qualification as a FIA (or equivalent)</li></ul>Desired Knowledge / Experience / Skills<ul><li>Ideally a demonstrable interest to work in the field of Bulk Annuities</li><li>DB benefit modelling experience/bulk annuity experience would be an advantage (we are open to hearing from people currently working in DB pension consulting roles)</li><li>VBA knowledge would be an advantage</li></ul>Developing knowledge and understanding of different actuarial disciplines including via student rotation.<ul><li>Developing the ability to interpret as well as analyse financial information to provide insight for immediate line management.</li><li>Developing knowledge of a variety of statistical methods, models and controls, and their commercial application/implication.</li><li>Ability to develop and modify actuarial systems and spreadsheets, developing understanding of their commercial application/implication.</li><li>Intermediate to advanced MS excel skills demonstrating efficient use of spreadsheets and basic data manipulation skills</li><li>Ability to deliver work to a consistently high standard under tight time pressure with attention to detail</li></ul>Communication:<ul><li>Strong analytical and report writing/drafting skills.</li><li>Can explain complexities in a straightforward and accurate way with coaching or support from managers.</li></ul>Relationship Building:<ul><li>The ability to develop and maintain strong relationships across the actuarial function, acting with integrity and being a role model for the company values at all times</li><li>Being able to flex their style and approach to different individuals, with occasional coaching and support, in order to achieve a successful outcome.</li><li>Taking part in and making a valuable contribution in different roles via actuarial student rotation.</li></ul>Problem Solving &amp; Accurate Judgement:<ul><li>Able to effectively plan, organise and execute their own work with little supervision, making management aware of conflicting priorities and readjusting their workload accordingly.</li><li>Good problem solving skills and attention to detail, being able to identify issues and interdependencies, recommending a course of action with support and guidance from colleagues.</li><li>Can make some decisions independently in order to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated.</li><li>Proactive in approach to tasks and taking on new responsibilities.</li></ul>Developing Self<ul><li>Actively studying for actuarial exams, usually being over half-way through their qualification.</li><li>An interested and inquisitive individual who is committed to their own ongoing professional and personal development.</li><li>Developing the ability to apply technical actuarial techniques and understand business/commercial implications.</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 differencesWe 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 glanceHere at Legal &amp; General Retirement Institutional (LGRI) we are embracing a new and exciting age of digital innovation. We are creating a digital movement within the division and are looking for an entrepreneurial Product Director to help innovate and execute technology initiatives across the division by working closely and collaboratively with our creative and prolific teams of developers and operational specialists to build digital solutions for both our business and our customers.You will champion new ways of working and thinking, to support us on our technology and digital journey. And will use/develop a deep understanding of Pricing, Software Design Life Cycle, Agile delivery methods, Continuous Delivery and dev/ops models, to keep the platform at the forefront of de-risking technology. So, it is a truly exciting time to join our growing team. 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 you achieve a work-life balance which suits you.Please Note this is an initial 12 Month Fixed Term opportunity as cover for Maternity Leave.What you'll be doing<ul><li>Working with business users to help ensure the vision and strategy for our PRT platforms and processes delivers a competitive edge to PRT deals through innovative use of technology and development methods.</li><li>Managing the communication plan for the business roadmap of enhancements to the new business platform, and any other business tools, that form part of the end-to-end bulk annuity new deal process, ensuring that it is developed according to the priorities of the business and PRT’s vision and strategy.</li><li>Managing requests from all business teams, ensuring that all requests are expressed clearly with relevant justifications (both opportunities and risks) and desired timescales. Putting processes in place to enable requests to be raised clearly and consistently across teams and where appropriate challenge requirements and justifications.</li><li>Producing a prioritised product backlogs list across the business teams that depend on/influence PRT’s platforms and other capabilities. Using product management skills along with business domain knowledge to prioritise the needs of the teams based on minimal viable product and risk management. And escalating prioritisation where a consensus cannot be reached by business heads. Similarly, you will work with other groups in relation to other relevant business tools.</li><li>Working with various development teams to understand the technical and operational backlog with regards to technical debt and system stability and being able to appropriately prioritise these items in conjunction with higher profile business needs.</li><li>Ensuring the consistent production of complete and accurate detailed business requirements, specifications and acceptance criteria for a business change. </li><li>Working with the technical architect and technical release owner (or similar for other business tools) to negotiate and agree priorities for the next release. The business priorities will be impacted by resource availability for the release, as well as additional technical requirements to support the vision &amp; strategy – this may impact both capacity to deliver business requirements and the order in which it is most pragmatic to deliver business requirements.</li><li>Responsibility for ensuring that business tools that are part of the end to end bulk annuity new deal process are robust and efficient from a product perspective.  This includes understanding any capability improvements that may create benefit and efficiencies across the business teams.</li><li>Producing regular product management information from CDM toolkits, and work in conjunction with a QA continuous improvement approach to monitor MI that is relevant to the PRT new deal systems from a business and operational perspective.</li></ul>What we're looking for<ul><li>A Qualified Actuary (or qualified through similar experience)</li><li>Domain knowledge of the business areas including pricing, finance and (preferably) the PRT range of insurance products – buy-in, buy-out, reinsurance.</li><li>Broad knowledge of working with the full lifecycle of technology systems and feeding into their development lifecycle. Experience of working in a CDM environment is highly beneficial.</li><li>Programming experience is preferred. Languages including, but not limited to C#, C++, Python, R.</li><li>Working with CDM toolkits to streamline product development, from a product owner perspective and accountabilities, with the ability to produce reliable MI and measure product owner metrics.Examples are JIRA, QC, Jenkins, Confluence.</li><li>Business test capability.</li><li>Product &amp; Stakeholder Management skills – Which includes understanding strategic objectives, prioritising and managing backlogs, communicating and getting consensus on the roadmap and strong planning and organisational skills. Along with the ability to identify key stakeholders, clearly communicating with them, influencing and managing their expectations.</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 30 days holiday (excluding bank holidays), an annual supplement for private medical insurance, generous pension scheme, life assurance, and a car allowance of 12% of your annual salary. We’re also proud to offer competitive family leave. 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 glanceDue to exciting growth within our PRT business here at L&amp;G, we are looking for a Qualified Actuary to join us as a Director of Pension Risk Transfer.In this role you will be working in, and managing parts of, a multi-award-winning team of actuaries and actuarial students who are responsible for developing new deals and de-risking opportunities for pension schemes. You will also work on all aspects of new deal execution, with the aim of meeting ambitious value and volume based new business delivery targets.This position would be ideal for someone with extensive knowledge of the DB Pensions market, who has previous experience either working in a consultancy environment or for another life insurer or de-risking provider within a pricing role.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 you achieve a work-life balance which suits you.What you'll be doing<ul><li>Owning and managing the pricing of deals, including driving detailed reviews and analysis of deals with a view to seeking opportunities for improvements in deal economics.</li><li>Effectively and actively leading a team of more junior actuaries and actuarial students, with an emphasis on promoting the knowledge and career development of team members. You will also ensure that the highest level of support is provided by the team to the Directors, Leadership Team, Consultants and Trustees at all times.</li><li>Providing creative and innovative solutions to pension schemes who are looking to de-risk, with a consistent focus on leading the New Business Team to deliver against ambitious value and volume based new business delivery targets.</li><li>Creatively working throughout the quotation process to provide innovative solutions to both clients and the market alike.</li><li>Ensuring accuracy and alignment with the L&amp;G pricing basis, by carrying out peer reviews and implementing and owning consistent quality and risk controls within the team including assisting and supporting with the completion of quality assurance (QA) exercises.  </li><li>Working with consultants to truly understand the potential scheme, including any particular requirements in terms of insurer responses or insurer selection. And then reviewing the responses to “requests for quotations” to ensure they are always: tailored to the particular client, clear and persuasive.</li><li>Ensuring that the New Business Team works in line with all relevant processes and procedures and that quality and governance remains of paramount importance throughout the quotes process.</li><li>Leading the New Business Team through relevant sign off and governance processes; including presenting governance documentation to appropriate committees, positively influencing internal stakeholders and responding effectively to challenges around pricing and structure.</li><li>Having the opportunity (if you wish) to take a lead role for certain deals, but otherwise working to support the Business Development Director in Beauty Parades/Pitches to Consultants/Trustees by confidently presenting the Legal &amp; General proposition and demonstrating an in-depth knowledge of the relevant Scheme, Trustees and the de-risking project. You will also be prepared to effectively respond to challenging questions posed by Consultants/Trustees and be involved in commercial and contractual negotiations (post exclusivity) to convert complex actuarial concepts into clear legal drafting.</li></ul>What we're looking for<ul><li>Qualified Actuary (or exceptional relevant industry experience) with an extensive knowledge of Defined Benefit Pension Schemes.</li><li>Previous relevant experience working in a consultancy environment or another relevant pricing role (e.g., at another life insurance or de risking provider).</li><li>Previous team/people management experience, including the active development of more junior staff.</li><li>A track record of effective delegation and supervision of complex tasks.</li><li>Experience in spotting and implementing process and technology improvements.</li><li>Exceptional networking skills to build contacts within the Pension Industry and develop L&amp;G’s brand further.</li><li>Exceptional project management skills with a strong track record of leading on complex projects within short timescales.</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-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 us:Rothesay is a UK insurance company purpose-built to protect ensions. We are the largest specialist pension insurer in the UK, managing over £50bn of assets and securing pensions for over 810,000 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 rigor. 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.<ul><li>Job title: Pricing Actuary</li><li>Contract: Permanent</li></ul>About the role:Key activities include:<ul><li>Modelling scheme benefits in Rothesay's proprietary valuation system, based on:</li><ul><li>Benefit specifications provided by EBCs</li><li>Trust deed & Rules</li><li>Member data</li></ul><li>Communicating complicated technical issues to senior colleagues, including non-actuaries</li><li>Liaising with EBCs to clarify data and benefit features</li><li>Applying experience and professional judgment to identify significant risks to Rothesay, relating to new deals</li><li>Interacting with external legal counsel to analyze the legal benefit risks of pension schemes</li><li>Analyzing the socio-demographic profiles of pensions scheme populations</li><li>Ensuring the appropriateness of the methodologies and underlying models used as well as the assumptions made in the calculation of the various actuarial balances</li><li>Producing projected deal economics, including UKGAAP PNL and IRR</li><li>Producing materials for deal approvals processes</li><li>Reviewing transaction documentation</li><li>Expressing an opinion on the overall underwriting policy</li><li>Expressing an opinion on new business opportunities</li><li>Advising and monitoring the risks to which Rothesay is exposed</li><li>Carrying out detailed due diligence on potential transactions including, from time to time, from client sites.</li></ul><h3>Skills & Experience:</h3><ul><li>Part-qualified actuary with 1 to 4 years of experience.</li><li>Knowledge of the main features of DB pension benefits including GMP, Barber, revaluation and anti-franking.</li><li>Significant relevant insurance/pensions experience</li><li>Strong verbal and written communication skills. The successful candidate will need to be able to confidently express their viewpoint and to communicate clearly and succinctly financial results and complex actuarial issues.</li><li>Ability to make decisions, make things happen and overcome obstacles based upon well-developed analytical skills.</li><li>Self-motivated, organized and able to progress multiple tasks with a high degree of accuracy and working to strict deadlines.</li><li>Possess a degree from a leading university in a relevant subject and/or have some relevant industry qualifications</li><li>Strong understanding of risk management and control principles</li><li>Strong Excel Skills Accuracy and absolute attention to detail</li><li>Ability to analyze complex problems and summarize key operational controls required to risk manage the function</li><li>Ability to manage multiple tasks and stay focused on the operational risks</li></ul><h3>Competencies:</h3><ul><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 handle multiple tasks, take initiative to improve his/her own performance, work intensely towards extremely challenging goals and persist in the face of obstacles or setbacks.</li><li>Client and Business Focus: Effectively handle difficult requests, build trusting, long-term relationships with clients and service providers, help the client to identify/define needs and manage client/business expectations.</li><li>Teamwork: Demonstrate evidence of being a strong team player, collaborate with others within and across teams, encourage other team members to participate and contribute and acknowledge others' contributions.</li><li>Communication Skills: Communicate what is relevant and important in a clear and concise manner and share information/new ideas with others.</li><li>Judgment and Problem solving: Think ahead, anticipate questions, plan for contingencies, find alternative solutions and identify clear objectives. See the big picture and effectively analyze complex issues.</li><li>Creativity/Innovation: Look for new ways to improve current processes and develop creative solutions that are grounded in reality and have practical value.</li></ul>Inclusion: Rothesay 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, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability or age.

Rothesay is a UK insurance company purpose built to protect pensions. We are the largest specialist pension insurer in the UK, managing over £50bn of assets and securing pensions for over 810,000 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.The roleWe have vacancies in the Pricing and Reinsurance team and the Capital team. The Pricing and Reinsurance team focuses on the pricing, underwriting, negotiation and execution of new pension and reinsurance deals, working with a focus on the largest deals in the market. The Capital team focuses on life insurance reporting and the monitoring of regulatory and economic capital, the computation of balance sheet impacts for a wide range of prospective asset and liability transactions, and delivering strategic regulatory-driven projects.
Candidates would be expected to study for the Institute and Faculty of Actuaries (IFoA) qualification with an expected specialism in pensions or life insurance.  When you join us, your work will be highly varied involving all aspects of pensions and insurance actuarial work, and will involve significant interaction both internally with other teams and disciplines throughout the business, and externally, with clients and advisors.  You will need to be able to balance teamwork, intellectual curiosity and leadership potential with a passion for excellence and an interest in the financial markets.What we offer<ul><li>A meritocratic, driven and stimulating environment where success and achievement are rewarded</li><li>Work with support from leaders in the industry and excellent on-the-job training supplemented with class-based business training where best applied</li><li>A competitive starting salary with a performance related bonus</li><li>A full study support package (including a study budget and up to 40 study days per year) will be provided as you work towards your IFoA fellowship qualification</li></ul>What we are looking for<ul><li>We recruit from all academic disciplines; although a high degree of numeracy is essential.</li><li>Impeccable academic credentials are essential. You must have an expected degree minimum of a 2:1 or equivalent from a leading university.</li><li>Internships & work experience in the financial services sector is desired but not essential.</li><li>You will need to demonstrate a clear interest and intellectual curiosity in the financial markets and an interest in applying your knowledge and skills to the pension insurance market.</li><li>You must be available for permanent work within 2 months of your graduation in 2022</li><li>Fluency in English is a prerequisite.</li></ul>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.

Your role at a glanceWe are looking for a Qualified Actuary to join our Base Reporting Team as a Reporting Actuary. In this role you will lead the production of specified statutory, external and/or internal financial results within L&amp;G Retirement (LGR).This will include providing high-quality results, supporting analysis and commentary on a timely basis. You will also make certain that appropriate controls are in place to ensure sound actuarial management and control of risks.You will also lead/manage junior members of the LGR Reporting Team as part of this varied role.What you'll be doing<ul><li>Owning the output of specified financial metrics such as; IFRS operating profit, Solvency II operating variances, risk margin, liability sensitivities and new business reporting. Ensuring both accuracy and delivery in a timely manner.</li><li>Proactively supporting other Reporting Actuaries to ensure we meet the needs of our customers (both internal &amp; external)</li><li>Ensuring that reporting decisions are documented and receive the appropriate level of governance.</li><li>Building and maintaining effective relationships with stakeholders across the business including other teams in LGR Finance, LGR Investments, Group Finance and auditors. And ensuring that communication with these stakeholders is clear, concise and tailored to the needs of the specific stakeholder.</li><li>Leading the development, implementation and maintenance of the team’s reporting systems, and processes. Ensuring systems and processes are robust, with any associated risks assessed and appropriately controlled. </li><li>Owning the effective planning of activities required for assigned deliverables; including allocating correct resources to meet the needs of stakeholders.</li><li>Taking direct responsibility for managing more junior team members whilst also being a role model to all employees across the wider reporting team. This will include actively coaching and motivating team members to maximise the performance of the area.</li><li>Supporting the Head of Reporting in the prioritisation and implementation of system, process and methodology changes as required for the ongoing production of financial results and analysis. Including working closely with other teams within LGR Finance and Group Finance to support the wider change agenda.</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></ul>What we're looking for<ul><li>A qualified actuary (preferably with previous experience in life insurance).</li><li>Experience in/an understanding of:- Reporting metrics such as IFRS, EC and Solvency II, Bulk and individual annuity products, the UK finance sector, Risk and regulatory requirements, Insurance accounting.</li><li>IFRS and Solvency II reporting experience.</li><li>Analytical skills with the ability to review results for reasonableness.</li><li>Team management, stakeholder management and mentoring experience.</li><li>Good communication and interpersonal skills.</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 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 glanceAre you interested in making the numbers mean more? Do you enjoy working with vast amounts of data and relish analysis work?If so we are looking for a student actuary to join the Reporting team here at L&amp;G Retirement (LGR) as an Actuarial Analyst. In this role you will support with the production of LGR’s statutory, external, and internal financial results. As well as providing high-quality supporting analysis and commentary on these results.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.Whilst this role is advertised as Full Time, we would be open to applications from Part Time workers too.What you'll be doing<ul><li>Supporting the reporting actuaries to deliver financial metrics in a timely and accurate manner. These financial metrics include; IFRS operating profit, Solvency II operating variances, risk margin, liability sensitivities and new business reporting.</li><li>Supporting other members of the Reporting team to ensure that we meet the needs of our customers, whilst ensuring we operate within relevant controls &amp; policies.</li><li>Building and maintaining effective relationships with key stakeholders including other teams in LGR Finance, LGR Investments, Group Finance &amp; auditors. </li><li>Supporting proactive engagement with stakeholders to ensure deliveries continue to meet their needs and the quality expected. </li><li>Ensuring that your communication is clear, concise, and tailored to the needs of the specific stakeholders you are liaising with.</li><li>Supporting with effective prioritisation and scheduling of activities required for assigned work packages. </li><li>Actively supporting the development, implementation and maintenance of the team’s reporting systems and processes. Ensuring systems and processes are robust, with any associated risks assessed and appropriately controlled.</li><li>Demonstrating a risk and control mind-set through the 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 an attitude of continuous improvement, by taking responsibility for improving the team’s efficiency and effectiveness. Including supporting with the implementation of system, process and methodology changes as required and providing input into the identification and prioritisation of improvements to current methodology.</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 part-qualified actuary studying towards the IFoA exams (or equivalent)</li><li>Ideally some knowledge/understanding of the following; IFRS, EC and Solvency II Reporting Metrics, Bulk and Individual Annuity products, the UK Finance Sector, Risk and Regulatory requirements, Insurance accounting.</li><li>Strong Analytical skills with the ability to review results for reasonableness.</li><li>Good communication and interpersonal skills.</li><li>It would be highly beneficial if you have previous experience in IFRS and/or Solvency II Reporting. </li><li>It would be highly beneficial if you have previous experience in implementing improvements to systems, processes and methodology.</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.

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.There is an opportunity for a qualified actuary to join the bulk annuity pricing team. Successful applicants will be involved in providing pricing recommendations, developing our bulk annuity proposition to be scalable for future growth and supporting client relationship management.<ul><li>Reviewing quotations and providing pricing recommendations for bulk annuity buy-ins and buy-outs</li><li>Liaising with investment front office to identify suitable assets to support bulk annuity transactions</li><li>Reviewing legal agreements and contributing to contract negotiations with external stakeholders</li><li>Supporting business development and relationship management (meeting with clients, managing pipeline etc.)</li><li>Contributing to the development of Canada Life’s pricing bases and pricing models that adhere to Canada Life’s risk tolerances and are scalable for future growth</li><li>Managing stakeholders and ensuring compliance with risk governance</li><li>Keeping abreast of industry issues and developments to ensure the business processes and strategies are in line with the industry</li><li>Provide appropriate support to managers and others to implement recommendations/facilitate change to support the requirements of the business</li></ul>Requirements:<ul><li>Strong knowledge of UK Defined Benefit pensions</li><li>Familiarity with bulk annuity market and products</li><li>Understanding of capital modelling and profit testing</li><li>Experience of managing stakeholders</li><li>Strong communication skills (able to communicate technical issues to senior people including non-actuaries)</li><li>Understanding and ability to implement/maintain an actuarial control framework</li><li>Qualified actuary</li></ul>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 differencesWe 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 either a Nearly or Newly Qualified Actuary to join our Retirement Division in an exciting project-based role.Working in the Legal &amp; General Retirement Institutional (LGRI) Corporate Development Team you will support new corporate projects including; overseeing the analysis and project delivery, leading through governance processes and maintaining external relationships.The geographical scope of the role is unrestricted, although this role will have a significant international focus - particularly with Bermuda &amp; the US, which will entail cross-jurisdictional stakeholder management and responsibilities.This is a hybrid working opportunity based from our London Offices in Moorgate, which will give you the autonomy and freedom to work effectively either at home or in the office. What you'll be doing<ul><li>Working on the structuring and execution of external and intra-group reinsurance arrangements by providing material for governance papers. This will involve working with counterparties to negotiate structural frameworks and key terms, assessing the feasibility of reinsurance structures and taking ownership of documentation and legal negotiations.</li><li>Helping to ensure the communication and cooperation between internal LGRI teams, Group, Regulators, Reinsurers and other key external counterparties are at the required level to facilitate the execution of transactions, projects and/or structuring.</li><li>Assisting with obtaining the necessary regulatory sign-off, approvals or permissions to facilitate execution of transactions, projects and/or structuring.</li><li>Supporting with the handover of new reinsurance and intra-group transactions to LGIM and LGRI operational teams upon completion. This will involve ensuring the appropriate administration/management of agreements post execution and that they operate as intended.</li><li>Working closely with the wider Group to design intra-group transactions and consider their impacts on Group capital, tax and earnings. This will involve proactively coordinating with both internal LGRI teams and other key counterparties.</li><li>Engaging with external counterparties to test pricing and economic rationale of prospective transactions, for LGRI and/or the relevant legal entities within L&amp;G. This will involve documenting and presenting the outcome of that price exploration exercise, and proposing next steps to senior management or the relevant committee, i.e. moving towards execution, or taking some other course of action.</li><li>Working within the appropriate process, systems and controls to ensure that risks and issues are identified and escalated within LGRI, to ensure that customers are treated fairly in line with Legal &amp; General’s Treating Customers Fairly (TCF) policy.</li></ul> What we're looking for<ul><li>A Nearly/Newly Qualified Actuary.</li><li>An understanding of the relevant statutory and regulatory regimes applicable to the Group’s businesses and its corporate governance.</li><li>Ideally have practical knowledge and understanding of the reinsurance market in the UK and/or US, as well as capital management levers for an annuity player like L&amp;G.</li><li>Some knowledge of pension regulation and its application to pension buyouts and longevity insurance.</li><li>Awareness/knowledge of the annuity insurance and reinsurance business and how it interrelates with the rest of the Group.</li><li>Ability to manage, influence and effectively communicate to senior stakeholders, especially when communicating complex quantitative concepts and results to less technical individuals.</li><li>Ability to form good working relationships with key individuals within LGRI, relevant group employees and external reinsurers.</li><li>Responds to requests and manages expectations accordingly, including keeping the relevant parties informed and keeping the focus on a timely delivery and taking ownership for resolving issues.</li><li>An inquisitive and testing nature, with the ability to ask the right questions in the correct circumstances and then (if appropriate) acting on that information.</li><li>Experience of people management in a project-based environment (would be highly beneficial).</li><li>Knowledge/experience of capital modelling under Solvency II, as well as some knowledge of US RBC and Bermudan EBS (would be highly 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, 27 days holiday (excluding bank holidays), a generous pension scheme, life assurance, and Income Protection. You'll also receive a car allowance of 12% of your annual salary if you are a Fully Qualified Actuary, 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.

Please note this position is not part of the Canada Life Actuarial student scheme and does not provide study support.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.At Canada Life, we share one common purpose – to help build better futures for our customers and each other. That’s why we invest in the development of our people, technology and workplaces.We have over 1,550 colleagues working together across 5 locations – including those working virtually. Potters Bar, our largest site, has over 600 colleagues. We also have teams based in Bristol, Isle of Man and Central London.Job PurposeAs an actuarial analyst at Canada Life you will be responsible for providing actuarial and statistical analysis for your department and the wider business. In your role you will ensure that we are managing risk exposure to the business in order to satisfy our statutory responsibilities as well as the needs of policyholders and that of our regulators.What you'll doReviews and Reporting:<ul><li>Support the production of Investments MI to enable 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 production of investment information such as asset mixes and returns for use in pricing New Business in respect of both the CLL and Irish Life businesses, including for strategic 3rd party Bulk Annuity transactions.</li><li>Support management in the production of actuarial reports, delivering information required for relevant actuarial reports to enable management to make informed financial decisions and manage risk.</li><li>Check the controlled production of regular (monthly, quarterly and annual) actuarial data using available actuarial processes, modelling systems, spreadsheets and reporting tools.</li><li>Populate templates and reports, conducting appropriate checks to ensure compliance with internal and external reporting requirements.</li><li>Contribute to the review of products, processes and reporting of a particular line of business or function, implementing improvements and changes where appropriate and agreed by line management.</li></ul>Analysis and Testing:<ul><li>Produce statistical analysis for the actuarial function to comply with internal and external reporting standards, with occasional support from more senior colleagues.</li><li>Contribute to the testing of actuarial models to support sign off by senior management, maintaining up-to-date process and control documentation for audit purposes.</li></ul>Continuous Improvement:<ul><li>Support the continuous review and improvement of the department’s processes, systems and controls to ensure the provision of accurate, timely and efficient levels of service by testing and developing actuarial modelling systems, processes, spreadsheets and other reporting tools.</li></ul>Knowledge, Skills and ExperienceTechnical Expertise<ul><li>Able to operate actuarial systems to produce results including the ability to change parameters and assumptions.</li><li>Ability to produce accurate analysis with an appropriate audit trail.</li><li>Confidence in explaining findings and making proposals to management.</li><li>Ability to implement and maintain a control framework.</li><li>Sound MS excel skills demonstrating efficient use of spreadsheets and basic data manipulation skills.</li><li>Ability to deliver work to a high standard under tight time pressure with attention to detail.</li></ul>Communication:<ul><li>Strong analytical and report writing/drafting skills.</li><li>Can explain complexities in a straightforward and accurate way with coaching or support from senior managers.</li></ul>Relationship Building:<ul><li>The ability to develop and maintain strong relationships across the actuarial function, acting with integrity and role modelling the company values at all times.</li><li>Being able to flex their style and approach to different individuals, with occasional coaching and support, in order to achieve a successful outcome.</li></ul>Problem Solving &amp; Accurate Judgement:<ul><li>Able to effectively plan, organise and execute their own work with little supervision, making management aware of conflicting priorities and readjusting their workload accordingly.</li><li>Good problem solving skills and attention to detail, being able to identify issues and interdependencies, recommending a course of action with support and guidance from colleagues.</li><li>Can make some decisions independently in order to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated.</li></ul>Developing Self<ul><li>An interested and inquisitive individual who is committed to their own ongoing professional and personal development.</li><li>Developing the ability to apply technical actuarial techniques and understand business/commercial implications.</li></ul>Qualifications<ul><li>Actuarial, insurance or finance related qualification (e.g CAA) - desirable not essential.</li></ul>Benefits of working at Canada LifeWe believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.How we work at Canada LifeOur culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.Diversity and inclusionBuilding an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we’re making in DEI, and we continue for it to be a significant focus.“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.” Nick Harding, Chief People Officer, Canada Life UKWe 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 Qualified Actuary to join our Retirement Division as a Senior Finance Business Partner.In this role you will be will be responsible for providing high quality financial analysis, forecasts and plans for the Institutional Retirement division, including reviewing the work of others in the team, and ensuring that the financial implications of tactical and strategic decisions are fully assessed and understood.You will also communicate the financial results and forecasts to senior management teams. As well as leading on building strong new business partnering relationships as well as continuing to drive and improve existing relationships between Finance and the Retirement business units, as well as the wider group.This is a hybrid working opportunity based from our London Offices in Moorgate. What you'll be doing<ul><li>Leading on the development and delivery of LGRI’s financial and capital forecasts (both for the year and a detailed five year strategic plan).</li><li>Leading on the construction of financial management information to assist the Institutional Retirement Division and Group in the management of its business performance.</li><li>Identifying new and strengthen existing working relationships with the wider Finance team and taking a collaborative approach to the production of financial analysis.</li><li>Working with the UK/International Origination and Investment teams to develop strategic options and identify opportunities to maximise returns on the current business portfolio.</li><li>Maintaining an in depth understanding of threats and opportunities to the LGRI financial results and educating others in the team of the same.</li><li>Applying commercial and technical knowledge to devise and develop a series of “levers” that can be used to manage the stability and predictability of these results.</li><li>Owning the effective planning and management of assigned deliverables, including the supervision of others within the team as required.</li><li>Demonstrating an attitude of continuous improvement, including taking responsibility for improving the efficiency and effectiveness of areas within the team and taking a collaborative approach to improving the effectiveness and efficiency of delivery to the Group team.</li><li>Demonstrating a risk and control mind set through proactive identification and suggested resolution 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>Working with the Financial Controls team to ensure that relevant risk and control related documentation is of good quality and up to date. This will reduce the need of onerous manual intervention as well as the risk of error.</li></ul> What we're looking for<ul><li>A Qualified Actuary, ideally with previous experience working within a Life company.</li><li>An excellent understanding of the following; IFRS 17 and Solvency II Reporting Metrics, Bulk and Individual Annuity Products, the UK Finance Sector, Risk and Regulatory requirements.</li><li>Ability to work independently and exercise judgement in order to navigate through unfamiliar territories and propose solutions.</li><li>Ability to build relationships and interact effectively at all levels.</li><li>Ability to build robust modelling tools.</li><li>Excellent stakeholder management; strong communication and interpersonal skills are essential.</li><li>Excellent commercial understanding of the UK Life &amp; Pensions industry (retirement product experience would be beneficial) ideally gained in a similar business partnering, FP&amp;A or commercial finance role.</li><li>Ability to manage and develop client/customer relationships and provide excellent customer service.</li><li>Experience of managing a business planning or complex reporting process or experience of owning and delivering aspects of such a process and ready to step up to a broader role.</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-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.

Canada Life UK are currently recruiting for Senior Actuarial Trainee positions within the following departments:<ul><li>Bulk Annuity located within Potters Bar, Herts: The Bulk Annuity Pricing team are responsible for providing quotations & terms for bulk annuity transactions and actuarial calculations to support the retirement options of deferred pension members.</li><li>Credit risk & asset optimisation located within City of London: The Credit Risk and Asset Optimisation team are responsible for maintaining the credit risk internal model and supporting its wider company use, such as for regulatory reporting, managing our exposure, and asset investment decisions.</li><li>Equity Release & Inflation located within City of London or Potters Bar, Herts: The Equity Release and Inflation team are responsible for supporting global funders of UK equity release mortgage loans with regular valuations and management information; and providing inflation risk reporting to ensure that inflation risk is appropriately hedged, managed and understood.</li></ul>All roles have the option of hybrid working.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.Job PurposeAs a senior actuarial trainee at Canada life you will be responsible for providing actuarial, statistical and financial insight and analysis to management. You will have opportunity to advise the business or management to ensure that we are managing risk exposure to the business in order to satisfy our statutory responsibilities as well as the needs of policyholders and that of our regulators.Desired Knowledge / Experience / SkillsTechnical Expertise<ul><li>Developing knowledge and understanding of different actuarial disciplines including via student rotation.</li><li>Developing the ability to interpret as well as analyse financial information to provide insight for immediate line management.</li><li>Developing knowledge of a variety of statistical methods, models and controls, and their commercial application/implication.</li><li>Ability to develop and modify actuarial systems and spreadsheets, developing understanding of their commercial application/implication.</li><li>Intermediate to advanced MS excel skills demonstrating efficient use of spreadsheets and basic data manipulation skills.</li><li>Ability to deliver work to a consistently high standard under tight time pressure with attention to detail.</li></ul>Communication<ul><li>Strong analytical and report writing/drafting skills to provide accurate and insightful commentary on financial results.</li><li>Can explain complexities in a straightforward and accurate way with coaching or support from managers.</li></ul>Relationship Building<ul><li>The ability to develop and maintain strong relationships across the actuarial function, acting with integrity and being a role model for the company values at all times.</li><li>Being able to flex their style and approach to different individuals, with occasional coaching and support, in order to achieve a successful outcome.</li><li>Taking part in and making a valuable contribution in different roles via actuarial student rotation.</li></ul>Problem Solving &amp; Accurate Judgement<ul><li>Able to effectively plan, organise and execute their own work with little supervision, making management aware of conflicting priorities and readjusting their workload accordingly.</li><li>Good problem solving skills and attention to detail, being able to identify issues and interdependencies, recommending a course of action with support and guidance from colleagues.</li><li>Can make some decisions independently in order to progress issues, and able to exercise sound judgement and commercial sense to understand the importance of different issues and assess when matters need to be escalated.</li><li>Proactive in approach to tasks and taking on new responsibilities.</li></ul>Developing Self<ul><li>Actively studying for actuarial exams, usually being over half-way through their qualification.</li><li>An interested and inquisitive individual who is committed to their own ongoing professional and personal development.</li><li>Developing the ability to apply technical actuarial techniques and understand business/commercial implications.</li></ul>Degree (or equivalent) in Finance, Mathematics, Statistics or related field.Post-graduate qualification in Finance, Mathematics, Statistics or related field (not essential).Benefits of working at Canada LifeAs 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.A competitive study package is available to all our actuarial trainees, which includes study days, tutorials, course materials and entry fees for the first sitting of each exam. Every new starter is assigned a mentor to oversee their progress. Canada Life has a strong culture of success in the actuarial examinations and provides an environment for new actuaries to study and develop.Culture and ValuesOur culture is incredibly important to us at Canada Life and everything we do is underpinned by our values – people, integrity, excellence and togetherness. We know that values alone won’t create a company culture and that it’s our people living the values that brings our culture to life. That’s why we invest in the development of our people, technology and workplaces. We want our people to have long and rewarding careers with us.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.“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.” Nick Harding, Chief People Officer, Canada Life UKWe 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 great opportunity for a part-qualified Actuary to join the Risk Modelling Team within our Retirement Division as a Market &amp; Credit Risk Modelling Analyst.As a Market &amp; Credit Risk Analyst you will support the design, implementation, maintenance and operation of both market and credit risk components of the Solvency II Capital Model.This would be an ideal role for someone with existing knowledge of market risk modelling theories and methods (such as stochastic modelling) and/or model development through the use of coding (preferably R or VBA)This is a hybrid working opportunity based from our London Offices in Moorgate. Which is where you will be based when on-site. What you'll be doing<ul><li>Supporting on market and credit risk components of the Solvency II capital model, including both the asset exposure and liability side exposure via matching adjustment.</li><li>Assisting in the design and implementation of updates and replacements to L&amp;G’s market and credit risk models including appropriate capital model treatments for new asset classes and structures.</li><li>Identifying opportunities to streamline and automate processes where possible.</li><li>Hands on coding of model improvements/developments (in R, Access, Excel or VBA).</li><li>Supporting with routine aspects of the regular market and credit risk calibrations for use in reporting processes including validation and controls in line with Group policies.</li><li>Communicating and explaining approaches to market and credit risk modelling. Including diagnosing and explaining calibration and capital movements.</li><li>Producing market data for financial reporting and other purposes. Ensuring customer needs for market data are met.</li><li>Maintaining and updating market and credit risk documentation as required.</li></ul> What we're looking for<ul><li>Part-Qualified Actuary, who is making good progress through the IFoA Exams.</li><li>Knowledge of market risk modelling theories and methods, including stochastic modelling techniques would be highly preferable</li><li>Knowledge/understanding of capital modelling methodologies for the insurance industry (especially life insurance), UK Life Industry products and assets (especially annuities and fixed interest assets)</li><li>Financial model development including coding (eg in R, VBA etc.)</li><li>Ability to communicate complex information to both technical and non-technical audiences</li><li>Ensuring all customers/stakeholders receive an exceptional level of service.</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.

Role OverviewThis is a fantastic newly created opportunity for someone with good DB pensions experience to join a dynamic team with huge potential for growth. We are looking for a recently qualified actuary to price Bulk Purchase Annuity transactions and support the DB Solutions Team’s growth ambitions.Key Responsibilities<ul><li>Support Senior DB Pricing Actuaries in accurate and timely delivery of new business quotations, including cashflow production, premium calculation and external documentation.</li><li>Provide final pricing review/sign off for new business quotations</li><li>Take lead role in completing ad hoc projects</li><li>Actively assist in development of junior team members</li></ul>Key Skills<ul><li>Strong knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.</li><li>Likely to be recently IFoA qualified</li><li>Strong technical skills, deep technical knowledge of actuarial concepts particularly those underlying bulk annuity pricing.</li><li>Strong IT skills, particularly Excel, coding experience desirable</li><li>Good interpersonal, team working and leadership skills</li><li>Excellent verbal, and written communication, with the ability to present complex financial concepts in a clear and concise manner</li></ul>Overview of CompanyWe’re a specialist UK financial services group focusing on attractive segments of the UK retirement income market but guess what, we’re not your traditional financial services company and we’re not just looking for traditional financial services people.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.In 2021 we were named as one of the UK’s 100 Best Large Companies to work for and accredited as a 2-star organisation, representing outstanding levels of engagement. Alongside these we were also recognised as one of the Financial Services’ 30 Best Companies to Work For, London’s 75 Best Large Companies to Work For, South East’s 100 Best Companies to Work For and Northern Ireland’s 10 Best Companies to Work For. We’re extremely proud to have achieved this against the backdrop of the pandemic and the many challenges it posed to our colleagues and customers.Benefits<ul><li>Competitive Salary, Pension Scheme and Life Assurance</li><li>Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday</li><li>Private Medical Cover and Income Protection, just in case</li><li>A Bonus Scheme that takes a balanced approach and looks at both 'in role performance' but also 'the behaviours and attitudes you exhibit at work'</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>Plus, we have a variety of Employee Funded Benefits available to our Employees via our Online Benefits Portal</li></ul>

Your role at a glanceWe are looking for a part/nearly qualified actuary to join our Pension Risk Transfer business as a Senior Actuarial Analyst.In this role you will work as and active and productive member of the PRT Pricing &amp; Execution Team and support with the production of quotations for pension scheme de-risking activity.If you have worked in a project/deal based team before and/or come from a consultancy environment, another life insurer or another de-risking provider this could well be the role for you.This exciting opportunity is based from our Coleman Street Offices in London and offers hybrid working. What you'll be doing<ul><li>Supervising Actuarial Analysts in providing bulk annuity and longevity quotes to pension schemes in a timely, efficient and proactive manner ensuring that the highest level of support is provided to the Pricing Managers and Directors at all times.</li><li>Ensuring all quotes are produced with the highest level of accuracy and within Legal &amp; General’s pricing model &amp; over time ​be considered an expert in the use of capital and pricing models within quote production.</li><li>Supervising and reviewing quotations produced by Actuarial Analysts whilst seeking support from Pricing Managers or Directors for more complex or larger transactions.</li><li>Working within the PRT Pricing &amp; Execution Team to deliver against ambitious value and volume based new business delivery targets.</li><li>Being an active and productive member of the wider PRT New Business Team, which will include looking to constantly develop self knowledge with a view to future career progression.</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 Pricing Manager or Director in producing governance documentation and 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><li>Supporting Managers in ensuring that new business transactions are effectively handed over to the Technical Services Team upon completion.</li><li>Ensuring that the principles of Conduct Risk are embedded into your day to day operations to deliver good customer outcomes at all times and that all business processes and internal controls within your 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>Part Qualified Actuary who is making strong exam progress.</li><li>Previous actuarial modelling experience through working in a consultancy environment, for a life insurer or for another de-risking provider.</li><li>Some knowledge of Defined Benefit Pension Schemes or pricing and capital modelling.</li><li>Previous experience of being part of a project/deal based team, including delegation to more junior team members is highly desirable.</li><li>Ability to work quickly and accurately, without compromising quality.</li><li>Strong communication and interpersonal skills.</li><li>Strong project management and time management skills.</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.

Role OverviewYou will 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.This is a great opportunity for someone early on in their actuarial career, with a few exam passes, to join a small team with good potential for growthKey Responsibilities<ul><li>Support senior DB pricing team members 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 in line with the agreed pricing basis and governance processes in place.</li><li>Produce initial draft of internal sign off documentation required for each quotation.</li><li>Produce initial draft of quotation documents to be issued externally</li></ul>Key Skills<ul><li>2.1 or above in a maths related degree and working towards your FIA qualification.</li><li>Excellent communication skills</li><li>Understanding of actuarial principles and techniques</li><li>Familiarity with DB pension scheme benefits and regulation is desirable</li></ul>Overview of CompanyWe’re a specialist UK financial services group focusing on attractive segments of the UK retirement income market but guess what, we’re not your traditional financial services company and we’re not just looking for traditional financial services people.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.In 2021 we were named as one of the UK’s 100 Best Large Companies to work for and accredited as a 2-star organisation, representing outstanding levels of engagement. Alongside these we were also recognised as one of the Financial Services’ 30 Best Companies to Work For, London’s 75 Best Large Companies to Work For, South East’s 100 Best Companies to Work For and Northern Ireland’s 10 Best Companies to Work For. We’re extremely proud to have achieved this against the backdrop of the pandemic and the many challenges it posed to our colleagues and customers.Benefits<ul><li>Such as a Competitive Salary, Pension Scheme and Life Assurance</li><li>Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday</li><li>Private Medical Cover and Income Protection, just in case</li><li>A Bonus Scheme that takes a balanced approach and looks at both &#96;in role performance’ but also &#96;the behaviours and attitudes you exhibit at work’.</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>Plus, we have a variety of Employee Funded Benefits available to our Employees via our Online Benefits Portal</li></ul>

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.Job purposeSupport the Risk department in delivering the desired output of a financial risk nature within the UK Division’s Risk Function. Contribute to the overall ORSA and take responsibility for workstreams within the wider ORSA Process. Support the Risk department in ensuring that the financial risk aspects of the Enterprise Risk Management Framework facilitate effective and appropriate financial risk management across the UK Division.Key accountabilitiesSupporting the Own Risk and Solvency Assessment (ORSA) process and ORSA report (or equivalent) for entities within the UK Division. Regular activities include:<ul><li>Design and implementation of Stress and Scenario testing (including reverse stress testing), ensuring appropriate alignment with CLG and Great-West Lifeco exercises.</li><li>Reviewing and analysing the results of the forward-looking solvency assessment, stress and scenario testing and the OSNA exercise to identify conclusions and recommendations.</li><li>Leading the drafting of sections within the ORSA Report.</li><li>Ensuring maintenance of the ORSA Record and Stress & Scenario Testing Standard.</li><li>Ensuring that the ORSA Policy is adhered to.</li><li>Following up on management actions resulting from the ORSA process.</li><li>Supporting the Head of Financial Risk and risk Business Partners in providing (financial risk) oversight of the first line:</li><li>Reviewing UK division pricing or underwriting initiatives (e.g. assumptions review, new products, bulk annuity transactions).</li><li>Review and oversight of key corporate initiatives (e.g. Finance Transformation, IFRS17, reinsurance, capital optimisation, M&amp;A activity)</li><li>Review of the business planning process</li><li>Ad hoc risk reviews as required</li></ul>As a key member of the Financial Risk team, maintaining the risk appetite framework for CLL, as part of the wider enterprise risk management framework. Regular activities include:<ul><li>Reviewing the Risk Appetite Framework, including enhancements to coverage and reporting.</li><li>Setting of Risk Limits, ensuring they are continually aligned with the risk strategy of the business, and appropriately aligned with limits set by CLG and Great-West Lifeco.</li><li>Reporting of risk exposures and associated Key Risk Indicators relative to risk appetite limits, including appropriate insight and commentary.</li><li>Drafting the financial risk-related sections of the CRO Report</li><li>Co-ordinate with CLG and Great-West Lifeco in order to:</li><ul><li>Ensure alignment of Risk Appetite Frameworks and Risk Strategy</li><li>Monitor and review UK-division driven exposures within CLG and Great-West Lifeco Risk Appetite Frameworks</li><li>Adhere to oversight requirements on first line activity</li></ul><li>Relationship-building and knowledge sharing</li><li>Support the Risk department in managing and developing the team in order to optimize team performance.</li></ul>Desired knowledge / experience / skills<ul><li>Experience in the life insurance industry</li><li>Good working knowledge of integrated risk and capital management as part of a wider enterprise risk management framework</li><li>Deep knowledge and understanding of Solvency II requirements</li><li>Knowledge of IFRS17</li><li>Experience of second line of defence risk oversight activities</li><li>Strong written and verbal communication skills, in particular of complex concepts, which can be tailored for all levels of management</li><li>Strong influencing skills, with experience of engaging with senior management in order to get desired outcome</li><li>Good interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders</li><li>Proven track record of delivering under tight time pressure</li><li>Self-motivated, well-organised, pragmatic and able to perform tasks independently</li></ul>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 differencesWe 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 great opportunity for a Qualified Actuary or Accountant to join our Retirement Division as a Finance Business Partner.In this role you will be responsible for maintaining strong business partnering relationships between Finance and the Retirement business units, as well as the wider group. You will also contribute to providing high quality financial analysis, forecasts and plans to ensure that the financial implications of tactical and strategic decisions are fully assessed and understood.This role would be ideal for someone with previous financial reporting/planning, ALM or commercial finance experience.This is a hybrid working opportunity based from our London Offices in Moorgate. What you'll be doing<ul><li>Supporting the Head of Finance Business Partnering in the development and delivery of LGRI’s financial and capital forecasts (both for the current year and a more detailed five year strategic plan).</li><li>Constructing regular reports and communicating financial results and forecasts to senior management teams to assist the LGRI Division and Group in the management of its business performance.</li><li>Maintaining close working relationships with the wider Finance team and taking a collaborative approach to the production of financial analysis.</li><li>Working with the UK/International Origination and Investment teams to help develop strategic options to maximise returns on the current business portfolio.</li><li>Having an in depth understanding of threats and opportunities to the LGRI financial results.</li><li>Applying commercial and technical knowledge to suggest a series of “levers” that can be used to manage the stability and predictability of these results.</li><li>Demonstrating an attitude of continuous improvement by proposing improvements in the processes and procedures of own areas within the team, as well as a collaborative approach to improving the effectiveness and efficiency of the team’s delivery to the Group team.</li><li>Demonstrating a risk and control mind set through proactive identification of control weaknesses and working with the Financial Controls team to ensure that relevant risk and control related documentation is good quality and up to date. This will reduce the need of onerous manual intervention as well as the risk of error.</li></ul> What we're looking for<ul><li>Typically, the jobholder will hold a relevant professional qualification e.g. qualified Actuary or accountant and experience within a Life company is highly desirable</li><li>A good understanding of the following Reporting metrics: IFRS, EC and Solvency II, liquidity metrics.</li><li>A good understanding of Bulk and individual annuity products, the UK finance sector, Risk and regulatory requirements and/or Insurance accounting.</li><li>Ability to work independently and exercise judgement in order to navigate through unfamiliar territories and propose solutions.</li><li>Ability to build relationships and interact effectively at all levels.</li><li>Ability to build robust modelling tools.</li><li>Good stakeholder management, communications and interpersonal skills are essential.</li><li>Solid commercial understanding of the UK Life &amp; Pensions industry (retirement product experience would be beneficial) ideally gained in a similar business partnering or commercial finance role.</li><li>Ability to manage and develop client/customer relationships and provide excellent customer service.</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 a fantastic opportunity for a part-qualified actuary to join us as a Business Solutions Analyst.As a Business Solutions Analyst you will be an active and productive member of the Legal &amp; General Retirement Institutional (LGRI) team and help the business to achieve their targets. You will do this by analysing the financial impact of reinsurance structures on the existing annuity book and new business pricing, this analysis will then feed into the design and presentation of solutions and supporting governance processes.This is a hybrid working opportunity, that will allow you to work from home and also from our London Offices in Moorgate. What you'll be doing<ul><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><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></ul> What we're looking for<ul><li>Student Actuary who is making good progress through the IFoA Exams.</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>In depth knowledge of the annuity insurance and reinsurance business and how it interrelates with the rest of the Group.</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>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></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.

SCOR’s Global Longevity team is already a leader in the longevity reinsurance market. We have developed expertise in the UK bulk de-risking market over the past decade providing longevity protection to insurers and pension schemes to help them keep their financial promises to annuitants and pensioners.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.Some of the key areas in which the successful will work as a member of Longevity pricing team include<ul><li>Contributing to all aspects of understanding, pricing and managing longevity reinsurance risks, enhancing SGL Global Longevity team’s ability to write profitable new business.</li><li>Lead the production of technical pricing for Longevity tenders which includes experienced analysis, proposal of basis, rate production, KPI metrics, and supporting documentation.</li><li>Support the Head of Pricing on business referrals with Group sign-off teams based in Paris, Cologne and Ireland.</li><li>Support new business execution.</li><li>Lead the technical development of new products/ propositions.</li><li>Manage the maintenance and development of Longevity pricing processes and tools.</li><li>Lead or support research and ad-hoc projects.</li><li>Assist in the development of junior team members.</li></ul>ResponsibilitiesQuote Production<ul><li>Lead the production of quote tenders including the production of quote pricing basis (base table, improvements, marriage assumptions and KPI metrics).</li><li>Produce accurate rates within specified timeframes and accurate documentation to support quotes.</li><li>Ensure pricing basis conforms with SCOR Global Life Annuity pricing guidelines and that key pricing issues/ risks are highlighted early.</li><li>Support the Head of Pricing on business referrals with Group sign-off teams based in Paris, Cologne and Ireland.</li><li>Support new business execution.</li></ul>Pricing Process and Tools<ul><li>Manage the maintenance and development of Longevity pricing processes and tools to improve the accuracy, efficiency and insight gained from process outputs.</li><li>Pro-actively suggest improvements to the pricing processes and tools.</li><li>Ensure process updates are managed in a compliant and documented manner.</li></ul>New product and proposition development<ul><li>Lead the technical development of new products/ propositions.</li></ul>Research<ul><li>Lead/ assist Longevity research projects.</li><li>Assist ongoing innovation of pricing basis which enable SCOR to write profitable new business and develop its product offering.</li></ul>Relationships<ul><li>Develop client and internal relationships and provide excellent customer service, to help deliver the Longevity team’s objectives.</li><li>Promote team’s technical expertise, internally and externally, help develop team member and educate internal non specialists as necessary.</li></ul>Qualifications<ul><li>Qualified Actuary.</li><li>Educated to degree level with excellent academic track record or equivalent experience.</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.In order to provide our clients with a broad range of innovative reinsurance solutions, SCOR pursues an underwriting policy that is founded on profitability and supported by effective risk management strategy and a prudent investment policy. This approach allows us to offer clients an optimum level of security, to create value for shareholders, and to contribute to the welfare and resilience of society by helping to protect insureds against the risks they face.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.

Role OverviewThis is a fantastic newly created opportunity for someone with good DB pensions experience to join a dynamic team with huge potential for growth. We are looking for a recently qualified actuary to price Bulk Purchase Annuity transactions and support the DB Solutions Team’s growth ambitions.Key Responsibilities<ul><li>Support Senior DB Pricing Actuaries in accurate and timely delivery of new business quotations, including cashflow production, premium calculation and external documentation.</li><li>Provide final pricing review/sign off for new business quotations</li><li>Take lead role in completing ad hoc projects</li><li>Actively assist in development of junior team members</li></ul>Key Skills<ul><li>Strong knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation.</li><li>Likely to be recently IFoA qualified</li><li>Strong technical skills, deep technical knowledge of actuarial concepts particularly those underlying bulk annuity pricing.</li><li>Strong IT skills, particularly Excel, coding experience desirable</li><li>Good interpersonal, team working and leadership skills</li><li>Excellent verbal, and written communication, with the ability to present complex financial concepts in a clear and concise manner</li></ul>Overview of CompanyWe’re a specialist UK financial services group focusing on attractive segments of the UK retirement income market but guess what, we’re not your traditional financial services company and we’re not just looking for traditional financial services people.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.In 2021 we were named as one of the UK’s 100 Best Large Companies to work for and accredited as a 2-star organisation, representing outstanding levels of engagement. Alongside these we were also recognised as one of the Financial Services’ 30 Best Companies to Work For, London’s 75 Best Large Companies to Work For, South East’s 100 Best Companies to Work For and Northern Ireland’s 10 Best Companies to Work For. We’re extremely proud to have achieved this against the backdrop of the pandemic and the many challenges it posed to our colleagues and customers.Benefits<ul><li>Competitive Salary, Pension Scheme and Life Assurance</li><li>Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday</li><li>Private Medical Cover and Income Protection, just in case</li><li>A Bonus Scheme that takes a balanced approach and looks at both &#96;in role performance’ but also &#96;the behaviours and attitudes you exhibit at work’</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>Plus, we have a variety of Employee Funded Benefits available to our Employees via our Online Benefits Portal</li></ul>

About UsWe’re a specialist UK financial services group focusing on attractive segments of the UK retirement income market but guess what, we’re not your traditional financial services company and we’re not just looking for traditional financial services people. We need agile operators, who can quickly find solutions and are committed to doing the right thing for our customers.We are passionate about our strong purpose of helping people achieve a better later life and our culture is built around our identity of being Just. We do the right thing in the right way. Collaborating and valuing differences makes us a successful team in which everyone feels included. Our culture, combined with our strong purpose, is one of our key competitive advantages and helps us to make Just an inclusive and great place to work.In 2021 we were named as one of the UK&#39;s 100 Best Large Companies to Work For and accredited as a 2-star organisation, representing outstanding levels of engagement. Alongside these we were also recognised in the following Best Companies categories: Financial Services&#39; 30 Best Companies to Work For, London&#39;s 75 Best Large Companies to Work For, South East&#39;s 100 Best Companies to Work for and Northern Ireland&#39;s 10 Best Companies to Work For. We&#39;re extremely proud to be recognised for the great work that we do.Role OverviewLead the Core, Pricing Development and Asset leads to deliver a state-of-the-art pricing platform which delivers efficient and streamlined pricing which is continuously optimised based on markets, the competitive landscape and Just ambitions.Within this role you will:<ul><li>Manage and develop the Core, Pricing Development and Asset leads such that they are a cohesive unit that shares technical thinking and is equipped to implement changes or improvements to pricing where needed.</li><li>Work closely with the Data and Transitions team to ensure that our pricing models are continuously optimised, fully documented and technically sound.</li><li>Work closely with DB Commercial to ensure that pipeline pricing is delivered to target and appropriate prioritisation is made of deals and team resources.</li><li>Bring fresh and deep technical thinking to our pricing work, to optimise our chances of successfully targeting, risk managing and pricing transactions.</li><li>Evaluate existing processes and work closely with the Data and Transition technical teams to oversee the build of new DB Pricing Platform model and processes.</li><li>Ensure transaction governance is fully adhered to.</li><li>Constantly review transaction processes and governance, and where appropriate, work with the wider DB Team, Risk and Finance to propose amendments as the business develops.</li><li>Be a technology evangelist - looking for improvements to pricing, checks and controls where technology can assist.</li><li>Deliver and maintain a training program for the pricing team which includes training on commercial, technical and technology aspects of our business.</li><li>Be responsible for building, with Just Delivery, Data and Transitions, a deal management system which allows the collection of scheme data, pricing data, and market data such that longer term,  a rich and constantly updated database to inform our deal selection and pricing approach.</li><li>Work closely with Risk to raise potential new risks, issues and ideas as early as possible in our thinking, and establish a collaborative relationship with this function.</li><li>Substitute the Director of Pricing and Reinsurance where needed, for example in Insurance Committees or other key meetings.</li><li>SWORD and risk responsibilities for Pricing will sit with this role.</li><li>Work closely with stakeholders in DB and Group Pricing on implementation of basis, and updating of that basis.</li></ul>Key Activities include:<ul><li>Manage the overall pricing pipeline and prioritisation with Pricing Leads.</li><li>Host Pricing Committee calls or delegate where needed.</li><li>Sign off role for all pricing issued from the team.</li></ul>Skills and Knowledge<ul><li>Leadership and influencing skills.</li><li>Strong level of business acumen.</li><li>Problem analysis and resolution skills.</li><li>Ability to cope with conflict and crisis situations.</li><li>Capable of working collaboratively and effectively</li><li>Excellent verbal, written communication and interpersonal skills.</li><li>Open minded and willing to engage in challenge.</li><li>High degree of understanding of the products and services provided by the Group, the markets and the regulatory / legal framework that the Group operates within.</li><li>Strong knowledge of the DB de-risking market, pricing of DB liabilities and associated metrics, Annuity products and pricing systems,  Solvency II capital requirements and Reinsurance arrangements.</li></ul>Experience<ul><li>Substantial experience gained in the Life Insurance industry at senior level.</li><li>Demonstrable track record of leading functions.</li><li>Demonstrable track record of Defined benefit experience and strong knowledge of current Pensions legislation.</li><li>Extensive experience in the bulk annuity market.</li></ul>What you will be rewarded with:<ul><li>A competitive Base Salary</li><li>A Bonus Scheme of up to 40% of base salary that takes a balanced approach and looks at both &#96;in role performance’ but also &#96;the behaviours and attitudes you exhibit at work’</li><li>Life Insurance &#43; Income Protection &#43; Private Medical Insurance &#43; several additional purchase options available for you and your loved ones</li></ul>

Your role at a glanceTo lead the commercial management of the Lifetime Mortgage business from a funder (LGAS) perspective, working closely with the lenders (in all relevant territories) to ensure the commercial success of the end-to-end lifetime mortgage business to L&amp;G Group within an acceptable risk profile, as well as playing a prominent role in the assessment and development of new mortgage lending streams. What you'll be doing<ul><li>You will manage the relationship with existing lenders (in all relevant territories) to drive commercial outcomes that add material value to Group. Main point of contact for existing funding relationships as well as navigating internal committees and external governance (e.g. regulators). Act as an honest broker and critical friend between lenders and funder.</li><li>You will take on delegated authority for pricing decisions within the parameters agreed by the Pricing Committee and ensuring that an appropriate basis for pricing decisions is maintained.</li><li>You will take a leading role in the development of new retirement lending propositions, both within and outside of UK. You will take full ownership of developing some propositions and contribute thought leadership and technical expertise to others.</li><li>You will create and drive a compelling commercial and pricing strategy across territories. You will work with the wider L&amp;G Retail management team (including within LTM Finance) to ensure that this strategy is aligned to the wider context and consistency is ensure across activities.</li><li>You will determine plans for the team’s activities through all planning phases by effectively prioritising and scheduling work to ensure the needs of all customers are met, Influencing stakeholders to ensure proposed deliveries are ‘right sized’ and realistic and reprioritising plans when issues emerge.</li><li>You will seek commercial opportunities and valuable insights by attending relevant external events and building a network. You will then work through implications and feed these back to relevant stakeholders within L&amp;G.</li><li>You will ensure that all business processes and internal controls within your role are designed and performed in a way that delivers good customer outcomes and are consistent with the principles of Treating Customers Fairly (TCF). Feed into wider conversations within the team about potential changes to product design that could more effectively meet customer needs.</li><li>You will take the lead in all matters regarding the management of employees, ensuring that management discretion is used in a consistent manner and that the area follows the Group’s policies and procedures including the Partnership Agreement to maximise business performance.</li></ul> What we're looking for<ul><li>Fellow of the Institute of Actuaries (FIA/FFA), or equivalent with no exams outstanding and proven life office/relevant consultancy actuarial experience is essential</li><li>You will undertake appropriate Continual Professional Development as recommended for the role.</li><li>Excellent knowledge of actuarial techniques</li><li>Good all-round knowledge and awareness of relevant regulation (including Solvency II), guidance and company principles and practice.</li><li>Lifetime mortgage and / or Asset Restructuring experience a strong advantage</li><li>Commercial and/or Pricing experience a strong advantage</li><li>Ability to communicate results in a clear and compelling manner to a range of stakeholders.</li><li>Ability to manage and develop complex processes.</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-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 glanceL&amp;G Re is the Global Reinsurance Hub of Legal &amp; General Group Plc (“Group”) and a global reinsurer of pension risk transfer (“PRT”) business.We are seeking a Fully Qualified Actuary with recent, demonstrable pricing experience for this Bermuda based role.As a Pricing Actuary you will actively support the pricing of all pension risk transfer, annuity, longevity, and protection/mortality reinsurance business opportunities. What you'll be doing<ul><li>Supporting the pricing of all pension risk transfer, 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 key 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>Supporting the structuring of reinsurance contracts, ensuring they are consistent with all legal, tax, operational and regulatory requirements.</li><li>Developing and maintaining highly collaborative and effective working relationships at all levels within the organization.</li><li>Running and maintaining reinsurance contract administration systems and processes to reconcile and process regular client reinsurance premiums and claims for clients.</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></ul> What we're looking for<ul><li>Qualified Actuary with previous experience in Life Insurance, Reinsurance or Pensions Consultancy.</li><li>A minimum of 5 years of relevant experience, including pricing pension risk transfer, life/annuity business and structuring transactions.</li><li>Demonstrated ability to develop effective professional relationships at all levels throughout an organisation, as well as internal stakeholder management.</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>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>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, generous holiday allowance, 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;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 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 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.

L&amp;G Re is the Global Reinsurance Hub of Legal &amp; General Group Plc. (“Group”) and a global reinsurer of the pension risk transfer (“PRT”) business.As a Financial Reporting Actuary you will perform financial management and reporting of annuity and longevity reinsurance business for L&amp;G Re, L&amp;G Retirement (“LGR”), Group and the Bermuda Monetary Authority (“BMA”).We are seeking a Fully Qualified Life Actuary with recent, demonstrable reporting experience for this Bermuda based role. What you'll be doing<ul><li>Performing, reviewing and challenging the financial reporting for L&amp;G Re. Actuarial reporting includes IFRS, Solvency II, and Local Economic Balance Sheet (“EBS”).</li><li>Working with Group Divisions to develop and maintain the reporting capabilities and solutions to support the international development and growth ambitions of L&amp;G Re.</li><li>Assisting with the onboarding of internal and external new business including reconciliation of reporting financial metrics against those produced by the L&amp;G Re pricing team.</li><li>Preparing reports and analyses for review by the Head of Actuarial Reporting and the Chief Actuary as well as assisting in reviewing financial reporting output.</li><li>Taking ownership of utilizing technology to improve efficiency, controls and depths of analysis.</li><li>Developing the business plan financial projection capabilities and delivering production of results on an annual basis in line with the requirements set out by the L&amp;G Re Board, LGR and L&amp;G Group.</li><li>Preparing reports and analyses for review by the Chief Actuary, L&amp;G Re Board and L&amp;G wider committees as necessary.</li><li>Providing actuarial support for L&amp;G Re ad-hoc investigations and strategic projects.</li><li>Delivering effective written and verbal communication, including report writing and presenting, to relevant parties to support effective decision making and manage the smooth and integrated delivery of business objectives.</li><li>Developing and coaching others on the team that you work with, to achieve and maintain optimal employee engagement.</li><li>Developing and maintaining highly collaborative and effective relationships at all levels within the organization, as well as externally.</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 and diligence, ensuring that appropriate professional standards are maintained, that the reporting deadlines are met, that records are maintained appropriately and that the actuarial processes are fit for purpose and meet internal and regulatory requirements.</li></ul> What we're looking for<ul><li>Fully Qualified Life Actuary.</li><li>A minimum of five years of recent reporting actuarial experience, with demonstrated deep technical understanding of IFRS and Solvency II balance sheet frameworks.</li><li>Experience/knowledge of the Bermuda Economic Balance Sheet (“EBS”) framework is an asset.</li><li>Experience and demonstrated understanding of individual and bulk purchase annuity business and longevity swaps is required, with experience in the UK and/or Canadian market strongly preferred.</li><li>Demonstrated ability to understand, apply, interpret, and effectively communicate technical aspects of complex financial information, such as external regulatory reporting and capital and solvency requirements and IFRS reporting.</li><li>Demonstrated understanding of compliance standards for actuarial reporting, with the proven ability to identify key issues and design and implement efficient, robust and effective actuarial processes and controls.</li><li>A proven track record of excellent relationship management at all levels throughout an organization, as well as internal stakeholder management in a global organization.</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>Ability to take a balanced view on a range of actuarial and commercial matters, taking on board the views of others and weighing potential risks, combined with the personal confidence to back own judgment.</li><li>A deep 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 organized, highly efficient and enjoy working in a fast-paced dynamic environment, with the ability to work overtime to meet deadlines.</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, generous holiday allowance, 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;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 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 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.

Salary range£65,320 - £81,650At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best bank for our customers. What we do makes a genuine difference to families, businesses and communities. Finance is key to that success by securing and building the financial strength and performance of the Bank.Insurance and Wealth helps personal and business customers with their long-term protection, retirement, and investment needs. We support around 10 million customers with assets under administration of £155 billion and annuity payments in retirement of over £1 billion every year.You’ll be joining us within the Technical Pricing Team. We’re responsible for setting the bases for all our products, working closely with the Pricing Services teams to deliver market leading products.As an actuary in this team, your focus will be on supporting the Senior Manager in the delivery of pricing methodology and bases for bulk annuities. This will involve ensuring that pricing is appropriately consistent with profitability hurdles, capital, risk, financial reporting and operational treatments. To do this as a team we need to keep up to date with internal, industry and commercial developments.Our team works out of our London, Bristol and Edinburgh hubs, therefore ideally you'd be based a commutable distance from one of these areas however, location can be flexible for this role. We work in a hybrid model, splitting our time between the office and working from home but colleagues have flexibility to choose where they work from.Would you like to further develop your Actuarial career, at the forefront of Bulk Annuity Pricing?On a typical day, you may be working across functions to refine an element of our pricing basis, using our models to quantify the impact of any change, writing up a paper for a committee or working with customers to ensure the change and its impact is understood.Your accountabilities will include:<ul><li>Leading the development of specific elements of pricing basis involving other teams</li><li>Providing input to thought leadership on basis development</li><li>Deputising for Senior Managers at senior committees</li><li>Summarising and delivering complex technical information</li><li>Delivering high quality results and calling out, handling and mitigating risks in a timely fashion</li></ul>What you'll bring to this role?It’s crucial that you’re:
<ul><li>A qualified Actuary, or have gained actuarial experience within a similar pricing role (1 -2 years)</li><li>Commercially minded and have had some previous exposure to pricing activity</li><li>Proficient in Microsoft Excel</li></ul>And desirable that you have:<ul><li>Strong project management and organisational skills alongside a proven track record of delivery in high pressure environments</li><li>Pension risk transfer experience / a strong understanding of bulk annuities</li><li>An understanding of longevity and funded reinsurance.</li></ul>It's a really exciting time to join LBG! Together we'll continue our market leading, ground breaking transformation and realise the Group’s vision to become the Best Bank for Customers. Here, you'll grow as a person and develop your career.What you'll get in return?In addition to a competitive base salary, the position also offers:<ul><li>Discretionary Performance Share Award</li><li>Generous pension contribution</li><li>A flex benefits cash pot you can adjust to suit your lifestyle (4% on top of your basic salary)</li><li>Private health cover</li><li>Share schemes</li><li>30 days holiday plus bank holidays</li></ul>In return for your expertise, you’ll enjoy our total dedication to your ongoing personal and professional development.So if you have the skills we’re looking for, we’d love to hear from you..... We know that success is built from the inside out through our people. Our customers’ experience and success starts with yours!We're an equal opportunity employer and deeply value diversity within our organisation. We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. Together we make it possible.Did you know we've won awards?We've gained industry recognition including Stonewall Top 100 Employer, Top 30 Employer for Working Families, Gold Standard 2014 from the Business Disability Forum and Top 50 Employer for Women.

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