We are looking to recruit a Finance Reporting Actuary. Although the role is predominantly based in hove there is scope to work in London/from home 1 or 2 days a week.

To support the LGR Finance Reporting function in producing timely statements and analysis of our c£55bn asset and liability portfolio.  Understand and effectively communicate the dynamic behaviour of our asset and liability portfolio in the context of both Solvency II and IFRS bases.  Bring knowledge of annuity products and the assets used to back these liabilities.  Assist in developing, implementing and maintaining appropriate reporting controls for the production of reliable results and analysis.  Regularly work with other areas of LGR to support business initiatives and major projects.  Assist in the overall team management, mentoring and guiding workflow for colleagues.  Engage with senior stakeholders and various colleagues from around the business on behalf of LGR Finance.  It is envisaged that the job holder would spend approximately 60% of their time on BAU reporting objectives and about 40% on projects/initiatives.

Principal accountabilities

Financial metrics delivery:  Support LGR’s IFRS and SII (base) reporting function to provide timely and accurate delivery and commentary of financial reporting results, meeting internal and external standards.

Stakeholder relationship management: Represent LGR Finance for reporting metrics and MI within the company, building and maintaining effective relationships with stakeholders including, but not limited to the wider finance function, investments, LGIM (our asset manager), LRG Pricing, our Group function and auditors.  Present and disseminate results, incorporating specialist supporting analysis and commentary for reporting metrics.  Manage ongoing liaison by continually developing & maintaining proactive engagement to ensure deliveries continue to meet needs and the quality expected.

Projects and business initiatives: Support LGR and Group-wide business initiatives and projects.  For example, there will be significant thought-leadership and hand-on experience opportunities as part of our adoption of the IFRS 17 standard. Ongoing support of New Business teams in developing new products and refining our current offering.

Management and Planning:  Work with the LGR Managers to effectively prioritise and schedule reporting activities and allocate resources to meet stakeholder needs.

People Management Partnership: Manage, motivate and develop employees at all levels, in a manner that is consistent with the Company’s policies and procedures including the Partnership Agreement, to maximize the performance of the area.

Training/mentoring: Provide training, mentoring and guidance to team members so that they have the specialist actuarial and investment knowledge, skills and attitude to maximise the performance of the team and deliver and effective reporting service for LGR Finance.

Process management and improvement: Assist with the development, implementation and maintenance of reporting systems, processes and methodologies, ensuring that they are robust and that risks are assessed and appropriately controlled.  Identify and propose efficiencies to be gained within existing reporting processes and systems.

Qualifications

Typically the jobholder will be a qualified actuary with experience in IFRS and/or SII reporting, with a good understanding of annuity liabilities.

Knowledge

Typically the jobholder will have a good understanding of the following:

• Asset and liability modelling
• Financial reporting metrics: IFRS, EV, EC, Solvency II (incl. Matching Adjustment)
• Bulk and individual annuity products
• UK finance sector
• Implementing change
• Risk and regulatory requirements

Specific experience and skills:

• Analytical skills with the ability to review results for reasonableness
• Excellent communication and interpersonal skills
• Ability to comfortably interact with senior stakeholders on behalf of LGR Finance
• Aspirations for team management and mentoring
• Experience in reviewing processes and implementing improvements
• Attention to detail
• Aspiration for career development and progression
• Good time management skills

Whatever 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, 25 days' holiday (plus one day after two years), private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, as well as a 12% car allowance scheme, your hard work will be rewarded when you join us.

Please contact clare.williamson@landg.com with any queries.