Technical Systems Actuary

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VN-5549

Permanent

Hove

£55,000 - £65,000

29 September 2017

This role will be producing and owning end-to-end actuarial design of the solution spanning multiple software components (evidencing at all points how the design answers the requirements – clear traceability).  This individual will help convert LGR strategic vision into local activities by working with Senior System Actuaries.

Actuarial design ownership: Producing and owning end-to-end actuarial design of the solution spanning multiple software components (evidencing at all points how the design answers the requirements – clear traceability).  Help convert LGR strategic vision into local activities by working with Senior System Actuaries.

Interaction: Working with development teams to deliver detailed actuarial design. Working with the Enterprise Architects to ensure that data and functional actuarial architectures adhere to the high-level architecture principles and support target state vision for the enterprise.

System requirements: Working closely with Business Architects and Business Analysts to help with translating desired business outcomes into robust system requirements, both functional and non-functional.  Willing to challenge traditional thinking and design.

Development & testing: Facilitate and participate in detailed design reviews.  Working with testing team (or for smaller projects this may be self-driven) to support the definition and implementation of the testing strategy for the initiative.  Ensure any actuarial calculations are to specification. Ability to carry out robust testing to enable release to UAT.

Delivery: Working with developers to elicit, validate and refine estimates for developing the software components.  Planning and coordination deployment activities across multiple technology platforms.  Note that accountability for delivering technology change is with project managers and/or lead developers if BAU.

Technical: Develop end to end EUC solutions only where these add value to the business. The role holder must recognise the strategic replacement of EUCs and also where their limitations lie.  The role must be responsible for the entire lifecycle of the EUC and any knowledge transfer to other members of the team.

Knowledge base: Actuarial knowledge and support across LGR for subject matter expertise.  Add value and education to business queries and understands impacts of change and LGR system interactions / flow.  Challenge the business requirements with regard to actuarial appropriateness.

Help to deliver a strategy and plan to ensure business development activities are delivered in line with Legal & General’s Customer Experience and Treating Customers Fairly policy

Qualifications

  • Degree level or equivalent, in a technical or numerate field
  • Actuarial qualification

Knowledge

  • Defined benefit pension structures, individual retirement products and pension products, bulk purchase annuities and reinsurance.
  • Cash flow modelling and actuarial pricing techniques would be beneficial
  • Track record of analysing solutions and requirements for a wide variety of initiatives spanning multiple technologies, delivered over the course of at least 12 months
  • Experience with modern technology change delivery processes (so called ‘agile’); some experience with continuous delivery and process automation.
  • Understanding of the capital markets (Solvency II) would be beneficial
  • Substantial experience in software/application development with progressively increasing responsibilities and long-term engagements with employers.  Source control and best practice should be well understood.
  • Significant experience of actuarial data analysis and MI

Skills

  • Strong writing and documentation skills, with evidence
  • Exceptional personal and communication skills
  • Experience in facilitating and hosting workshops and focus groups with SMEs and senior stakeholders
  • Technical skills in Excel / VBA / Access.  Experience in SQL and porting of Excel to strategic systems beneficial.  Python / R knowledge useful.
  • Ability to read technical code (for example C++ or Java) would be beneficial

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, your hard work will be rewarded when you join us.

Our view is that this role is suitable for agile working. This means we would consider a more flexible working arrangement, where your hours and work location are managed according to business, customer and personal needs. For this role, you would be based in our Hove Office, but you could work in other Legal and General offices or at home, as necessary, provided this meets business needs. Details of agile working will be discussed during the interview process.

For any queries please contact Lucy Sweett, Resourcing Lead on lucy.sweett@landg.com.  Please note applications can only be made online via the portal.

The closing date for applications has now officially passed, but in line with our policy all roles on the redeployment portal do remain open for applications from redeployees only until the point an offer has been made. Please note that the selection process is underway and the role will be withdrawn once an offer has been made

About L&G

Working here is about being there for our customers; we’re available should the worst happen and we work together to enable social and financial equality across the UK. But it’s also about you –how you develop and what you can achieve. We’ll help your talent thrive in an environment where you’ll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.

About the business area

With around one million customers, our retail business helps turn customers’ pension savings into lifelong retirement income and our corporate business looks after our defined benefit pension schemes ensuring they are effectively managed to protect against risk and achieve their maximum potential.

About L&G

Working here is about being there for our customers; we’re available should the worst happen and we work together to enable social and financial equality across the UK. But it’s also about you –how you develop and what you can achieve. We’ll help your talent thrive in an environment where you’ll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.

About the business area

With around one million customers, our retail business helps turn customers’ pension savings into lifelong retirement income and our corporate business looks after our defined benefit pension schemes ensuring they are effectively managed to protect against risk and achieve their maximum potential.