Senior Actuarial Analyst - Collateral & Reinsurance Management
Senior Actuarial Analyst - Collateral & Reinsurance Management
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Job Description
Were currently recruiting for aSenior Actuarial Analyst to join the Collateral & Reinsurance Management team within our multiaward winning PRT Division.
Were offering a competitive salary study support and a host of other great benefits as well as the opportunity to work for the most decorated insurer in the PRT market who are widely viewed as the gold standard for protecting members benefits for the longterm.
This is a unique opportunity where you will focus on managing the arrangements agreed following a DB Pension Risk Transfer (PRT) deal. This will involve maintaining ongoing relationships with numerous reinsurers and potentially Trustee counterparts as well as providing calculations relating to postsale pricing reinsurance longevity insurance and collateral arrangements.
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:
- Proactively supporting the Actuarial Managers in providing postsale monitoring and calculations work relating to buyin/out pricing reinsurance longevity insurance and collateral arrangements.
- Helping to onboard new PRT reinsurance arrangements including reviewing and feeding in comments to draft contracts and models.
- Ensuring that the highest level of support is provided to internal and external clients including consultants trustees and reinsurers at all times.
- Supporting and checking the work of the Operations Analysts in our Collateral and Reinsurance Services team.
- Providing actuarial support to projects relevant to the wider PRT New Business team
Qualifications :
Who were looking for:
- Part Qualified Actuary who is making good progress through the IFoA Exams.
- Previous experience working in a pension consultancy environment or for another derisking provider would be highly preferable.
- Knowledge of Defined Benefit Pension Schemes and associated valuation techniques.
- Ability to work quickly and accurately without compromising quality.
- Strong communication and interpersonal skills.
- Strong time management skills and the ability to work to tight deadlines to ensure project delivery.
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 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 :
At L&G we believe its possible to generate positive returns today while helping to build a better future for all.
If you join us youll 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 parttime termtime and job shares. Although some roles have limited flexibility due to customer demand we accommodate requests when we can.
It doesnt matter if you dont 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.
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
