We are currently recruiting for a LGR Investment Reporting Actuary to help manage the delivery and explanation of investment related metrics including, but not limited to, interest rate exposure, inflation exposure, FX exposure and investment variances on an IFRS, best estimate and Solvency II basis, and for Matching Adjustment portfolios.

Principal accountabilities

Financial metrics delivery:  Provide timely and accurate delivery and commentary of investment related metrics including, but not limited to investment variances and interest rate exposure, inflation exposure and FX exposure on an IFRS, best estimate and Solvency II basis, and for Matching Adjustment portfolios.

Stakeholder relationship management: Build and maintain effective relationships with stakeholders including, but not limited to, LGR Finance, LGR Investments, Asset Risk and Data Team, LGIM, ALCO and auditors.  Present and disseminate investment reporting 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.

Management and Planning:  Work with the LGR Managers to effectively prioritise and schedule the investment reporting activities and allocate resources to meet customer’s 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 investment reporting service for LGR Finance.

Process management and improvement: Develop, implement and maintain investment reporting systems, processes and methodologies, ensuring that they are robust and that risks are assessed and appropriately controlled.  Provide input to the strategic direction for the team’s investment reporting systems, processes and methodologies and take responsibility for reviewing process flows and wastage with the team to identify opportunities for improvement in efficiency and effectiveness.

Change management: Take responsibility for change initiatives, working with the LGR Reporting Change Manager to prioritise and implement system, process and methodology changes as required for the ongoing production of the investment reporting and ALM results.

Treating Customers Fairly (TCF): Ensure that the appropriate process, systems and controls are in place, and that the risks and issues are identified and escalated within LGR, to ensure that customers are treated fairly in line with Legal & General’s Customer Experience and TCF policy. Work with Managers and the Director to ensure that the appropriate internal and external metrics and Finance MI are in place to provide support to the LGR Business so that customers are treated fairly in line with Legal & General’s Customer Experience and TCF policy.

Qualifications

Typically the jobholder will be a qualified actuary with experience in life insurance and investments.

Knowledge

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

• Asset modelling
• Investment markets
• Reporting metrics: IFRS, EC, Solvency II and Matching Adjustment
• Bulk and individual annuity products
• UK finance sector
• Risk and regulatory requirements

Specific experience and skills:

• Typically the jobholder will have UK Investment Reporting experience
• Analytical skills with the ability to review results for reasonableness
• People management, stakeholder management, change management and mentoring experience
• Good communication and interpersonal skills
• Experience in reviewing processes and implementing improvements

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.

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 London 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 more information please contact kieran.ives@landg.com, UK Resourcing Lead.

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