We are currently hiring a Group Internal Model Actuary to join our team. 

• Owning, operating and maintaining the solvency estimate process for L&G Group and LGAS Solo
• Monitor the appropriateness of the methodology used to determine SCR on a quarterly basis, as well as issues around capital attribution
• Consolidating and reporting on the risk capital calculated, including construction of a meaningful analysis of change in the Group result to support validation and provide business insights.
• Acting as Group support for Internal Model activity
• Ensuring that suitable Algo runs are performed to create valuable business insight into changes in capital allocations and charges
• Organising a schedule of internal model runs to support the analysis of change process and the needs of a range of stakeholders
• Establishing and build relationships with Business Units in order to represent the department appropriately and to recognise the impact and react accordingly to any relevant change, which could impact on own team and departmental processes.
• Coordinating the activity required to participate in the monitoring period for the proposed new Insurance Capital Standards regime.

• Fellow of the Institute of Actuaries (FIA/FFA), or equivalent
• Detailed Understanding of SII Principles and how they apply in practice
• Knowledge of actuarial liability reporting and analysis across various metrics and able to identify likely relative movements across these metrics
• Detailed understanding of financial and insurance risk management, including a deep practical and technical knowledge of the drivers of risk capital
• A pragmatic approach and the ability to make sound judgements and appropriate decisions with limited information
• The ability to communicate results in a clear and compelling manner to a range of stakeholders.
• The ability to apply fresh and creative thinking and to develop new strategies

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, 27 days' holiday, 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. Your hard work will be rewarded when you join us.