Senior Actuarial Analyst - Investment Reporting
Summary
Senior Actuarial Analyst in Investment Reporting builds asset cashflow models, calculates discount rates under IFRS and Solvency II, and delivers monthly results analysis for an insurer’s Institutional Retirement division.
We’re looking for a nearly or newly qualified actuary to join our Investment Reporting Team as a Senior Actuarial Analyst.
The Investment Reporting Team (IRT), which sits within our Institutional Retirement division, is responsible for asset cashflow projections, discount rate methodology and calculations under both IFRS and Solvency II.
As a Senior Actuarial Analyst, you’ll run several key IRT processes, provide technical analysis of results, and may present your findings to the business. You’ll also support modelling and process development to help enhance our investment reporting capabilities.
This is a hybrid working opportunity which will allow you to split your week between your home and the office, so you can find a work-life balance that works for you.
What you'll be doing:
- Proactively managing your workstream to meet deadlines and ensure processes run smoothly and efficiently across the team and wider business, supported by clear communication with upstream and downstream teams
- Developing deep expertise in your field and becoming a subject matter expert, while building a strong working knowledge of the Investment Reporting models to support results analysis, issue resolution and future enhancements
- Proposing innovative solutions to new challenges, considering the impact on upstream and downstream teams and processes, as well as IRT
- Leading the development, implementation and maintenance of the team’s reporting systems and processes, ensuring they are robust, risks are assessed and appropriate checks and controls are in place
- Communicating monthly results analysis clearly to internal and external stakeholders
- Applying a strong risk and control mindset by proactively identifying control weaknesses and ensuring they are resolved quickly, sustainably and effectively
- Ensuring customers are treated fairly in line with Legal & General’s Customer Experience and TCF policies
- Sharing knowledge and coaching newer team members
Who we're looking for:
- Nearly or newly qualified actuary, under the IFoA or equivalent, ideally with experience in IFRS, Solvency II and/or assets
- Experience in financial modelling, with strong modelling knowledge, ideally using R
- Understanding of asset types commonly held by insurers and related cashflow projection methodologies
- Knowledge of IFRS and Solvency II discount rate calculation and reporting
- Awareness of risk and regulatory requirements across the UK finance sector
- Strong communication and stakeholder management skills, with the ability to adapt messaging for different audiences
- Ability to lead and deliver process improvements
- Collaborative team player who can work independently while contributing effectively to shared team goals
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are many discounts we offer – both for our own products and at a range of high street stores and online
- We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience
At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all.
If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can.
It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.