Are you a qualified actuary seeking a role where no day is ever the same?

Would a Group, first line role with the opportunity to work with senior management and lots of stakeholders across our business units excite you?

If so, then you need look no further as a brand new, exciting appointment has arisen here at Legal and General.

We are recruiting a qualified actuary to join our Group Function as a key part of the Group Financial Risk team. 

Performing a key role on all aspects related to Group Financial Risk Reporting activities, you will ensure timely and quality delivery of high quality Group and LGAS entity level financial risk metrics, promote compliance with the Group framework, drive reporting process and methodology improvements, and provide a clear link between the financial risk metrics modelled and the needs of Group customers.

In a role with a great mix of work to get your teeth stuck into, there's lots of project related work and given we're expanding our capabilities currently, there's more in development stages, presenting a brilliant opportunity to make an impact and to be part of something truly exciting. 

This is an agile role with flexible working.

1. Group financial risk metrics delivery:

Ensure timely and accurate delivery of Group and LGAS entity level specified financial risk metrics including IFRS and SII sensitivities to Group SST customers. In particular, build and maintain relationships with the Financial Reporting Centre and Divisional SST teams, conduct effective results reviews using appropriate level of governance, and provide support to Group SST customers to ensure results are used effectively.

2. Process management and improvement:

Lead the development, implementation and maintenance of the team’s reporting systems, and processes. Ensure systems and processes are robust, with any associated risks assessed and appropriately controlled. Demonstrate an attitude of continuous improvement, taking responsibility for improving the efficiency and effectiveness of the processes.

3. Group framework & governance compliance:

Responsible for promoting compliance with the Group framework for Group and Divisional activities; and maintain the framework according to changing business needs. Actively participate in the Group governance committee meetings, Proactively liaise with Group and Divisional production teams and stakeholders for upcoming process / methodology changes. Responsible for maintaining the relevant Group definitions and methodology used for aggregation of financial risk metrics in compliance with the framework requirements, to ensure that relevant documentation is good quality and up to date.

4. Change Management:

Support in the prioritisation, development and implementation of system, process and methodology changes (e.g. embedding IFRS17 financial risk metrics, developing climate and liquidity related financial risk metrics). Work closely with other teams within Group Finance and Divisions to support the wider change agenda.

5. Stakeholder relationship management: Represent Group for financial reporting and related MI within the company appropriately. Build and maintain effective relationships with stakeholders including other teams in Group Finance, BU Finance teams, Investments, and Group Risk.  Ensure communication is clear, concise and tailored to the needs of stakeholders. Own the continual development and maintenance of proactive engagement to ensure deliveries continue to meet needs and the quality expected.

6. Ad Hoc Requests: Provide support on ad hoc productions of financial risk metrics (such as the PRA Insurance Stress Testing exercises) which may range from development of Group level methodology to co-ordination of tasks across various production teams.

7. Treating Customers Fairly

Qualifications:

A qualified actuary with experience in life insurance

Knowledge:

• Reporting metrics: IFRS and Solvency II
• Annuity products
• Risk and regulatory requirements  

Experience:

Typically the jobholder will have:

• IFRS and Solvency II reporting experience
• Analytical skills with the ability to review results for reasonableness
• Stakeholder management experience
• Good communication and interpersonal skills
• Experience in reviewing processes and implementing improvements
• Advanced VBA and Excel skills are desirable.

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, as well as a 12% car allowance scheme. Your hard work will be rewarded when you join us.