Overview

Actuarial Analyst

Permanent

Our client is looking to hire a Actuarial Analyst to join their South England based office on a Permanent basis.

Ref: 49230

  • Location: South East England
  • Category: Non-life Actuarial
  • Type: Permanent
  • Pay Range: Up to £40k

Overview

Key Duties:

  • Strategic goals:
    • Achieve a viable and consistent operating environment for capital and earnings
    • Continue to be a fully compliant organisation with appropriate governance structure
  • Strategic priorities:
    • Deliver new/enhanced distribution channels (including introducers)
    • Product/service optimisation and development
    • Acquisitions
    • Eliminate expense overruns
    • Optimise risk-based capital
    • Provide good value and service
    • Be a great employer/maximise potential of staff
    • Review branch structure/funding
    • Governance delivery review
    • Remain fully compliant operation
  • To work towards the achievement of strategic objectives particularly:
    • To be a mutual in which all members have an opportunity to participate in a meaningful way
    • To provide a professional and friendly service to members
    • To treat members fairly
    • To provide financial service products that are attractive in out chosen marketplace
    • To be socially responsible in all that we do
    • To meet all statutory and regulatory requirements
  • Support production of reporting requirements: annual report and accounts, quarterly Solvency II reporting and other regulatory reporting, annual Own Risk and Solvency Assessment (ORSA) and business plan, and monthly management information
  • Support regular activities: annual and final bonus reviews, experience analyses, COBS 20 and PPFM compliance reviews, product reviews and pricing, run-off plans, product literature and illustration updates
  • Support the investment team by providing relevant information, as and when required

Strategy Plans, Projects and Budgets:

  • Contribute to the Actuarial department maintaining operational business continuity procedures
  • Provide actuarial support and input to projects, as required

Leadership/Management:

  • Represent the Actuarial department positively when dealing with other departments and senior management

General Responsibilities:

  • Contribute to continuous improvement of service through active participation of formal performance reviews. Show personal initiative in improving service delivery
  • To ensure that Treating Customers Fairly (TCF) principles are adhered to at all times and to continually check and challenge in order to deliver improved outcomes for the Members
  • To ensure effective risk management exists within the role, including the identification and escalation of any new risks through the correct channels
  • To undertake other reasonable duties at the request of the line manager

Flexibility:

  • Some flexibility in the working hours will be required from time to time. This job description is not intended to be exhaustive.  The post holder will be expected to adopt a flexible attitude to duties which may have to be varied (after discussion with the post holder) subject to the changing needs of the Society

Qualifications required:

  • Degree – preferably within a numerate or analytical subject
  • Part-qualified and studying towards the Institute & Faculty of Actuaries examinations (Fellowship or CAA), e.g. completed the Core Principles exams, or Modules 1-4 for CAA qualification

Experience required:

  • Exposure to Actuarial techniques through work to date
  • Experience of with-profits funds (preferable)
  • Policy valuation calculations
  • Policy pricing calculations (not essential)
  • Experience analysis (not essential)
  • Knowledge of Prophet software (preferable)

Consultant

Robert Gibson

Director of Interim

T: +44 (0)203 867 9858

Email me

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