Actuarial Analyst - Longevity Risk
Actuarial Analyst - Longevity Risk
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Job Description
Were currently recruiting for an Actuarial Analyst to join the Longevity Risk team within our multi awardwinning Retirement Business.
Our Longevity Risk team is responsible for providing mortality assumptions to optimise Pricing Economic Capital and Valuation assumptions for Legal & Generals Retirement Business.
In this role you will support the production and communication of pricing reporting and capital assumptions for longevity for the UK and international retirement (primarily annuities) business.
You will also aid in providing population mortality monitoring and analysis that can help drive business decisions is reactive to recent developments and pushes forward our understanding of mortality further.
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 worklife balance that works for you.
What youll be doing:
- Assist in developing and communicating longevity assumptions for the purposes of year end reporting pricing and/or capital requirement.
- Support developments relating to new initiative and strategic deliverables
- Assist with educating and informing stakeholders on key aspects of mortality information.
- Develop maintain and improve the models tools and solutions that we use for the analysis of longevity risk trends and uncertainty
- Contribute to and share research on longevity risk to optimise our pricing and reserving assumptions.
- Contribute to or lead on the deliverables of adhoc longevity projects across pricing reporting and capital as and when required. Including helping stakeholders to define the problem and develop the scope of the project so we can ensure the delivery of useful insight to drive decisions.
- Provide concise clear and well communicated summaries of all analysis work completed and presenting these findings to key stakeholders to achieve the prompt signoff.
Qualifications :
Who were looking for:
- Part Qualified Actuary who is making progress through the IFoA Exams.
- Longevity experience/knowledge would highly beneficial but is not essential (specific knowledge of base and trend mortality and common practices being particularly useful)
- Commercial knowledge of longevity risk products including BPA individual annuities longevity swaps etc. would be desirable.
- Practical experience of model development and knowledge of the application of statistical methodologies to longevity modelling would be highly beneficial but is not essential.
- Actuarial skills for modelling Including advanced Excel skills (experience with modelling in R would be an even greater advantage)
- Strong problem solving and analytical skills (e.g. the ability to break down the problem into separate components form judgements assess risks and develop solutions).
- Good written oral and presentation skills with the ability to liaise with and influence stakeholders.
- Ability to work effectively with peers and contribute to the delivery of projects in a timely manner.
- Ability to work flexibly develop innovative solutions and provide positive challenge to others.
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:
- Competitive Salary plus Actuarial Study Support
- The opportunity to participate in our annual performancerelated bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance
- At least 25 days holiday plus public holidays 26 days after 2 years service. Theres 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 brandnew electric car through tax efficient salary sacrifice
- There are the many discounts we offer both for our own products and at a range of high street stores and online
- In 2023 some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information :
Legal & General is a leading financial services group and major global investor named Britains Most Admired Company in 2023 for the second year running. Rated top in our sector and top for inspirational leadership we have a strong heritage and an exciting future.
We aim to build a better society for the long term by investing our customers money in things that make life better for everyone.
If you join us youll be part of a welcoming 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 strive to be open mindful and inclusive so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.
If youre open to find out more wed love to hear from you.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
