Actuarial Analyst

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VN-8415

Permanent

Hove

£37,400 to £45,000

6 April 2018

Financial metrics delivery: Perform tasks and processes, under guidance, to support and enable the delivery of timely financial reporting results, for metrics including, but not limited to, Peak 1, IFRS, EC, Solvency II bases of reporting, meeting internal and external standards. This will include all aspects of the end-to-end reporting process: data creation, assumption population, setting off Prophet runs, summarising, validating and analysing results.

Financial metrics delivery: Perform tasks and processes, under guidance, to support and enable the delivery of timely financial reporting results, for metrics including, but not limited to, Peak 1, IFRS, EC, Solvency II bases of reporting, meeting internal and external standards. This will include all aspects of the end-to-end reporting process: data creation, assumption population, setting off Prophet runs, summarising, validating and analysing results.

Process management and improvement: Support and maintain the team’s financial reporting systems and processes ensuring that they are robust. Facilitate reviews of process flows and wastage to identify opportunities for improvement in efficiency and effectiveness of processes.

Internal relationship building – Production Centre: Assist Managers in building and maintaining effective relationships with the Production Centre. Pro-actively engage with the Production Centre to ensure the team requirements are understood and documented in terms of timeliness and quality referencing the key dependencies on this service for the reporting cycle.

Internal relationship building – Financial Reporting Centre Consolidation Team: Assist Managers in building and maintaining effective relationships with the FRC Consolidation Team. Pro-actively engage with the Consolidation team and provide results and supporting analysis to enable effective and efficient consolidation of results.

Planning: Contribute to planning and resource allocation by assisting with the prioritisation and scheduling of reporting activities.

Experience

Job would suit a part-qualified actuarial analyst no longer studying or actuarial student studying towards the completion of the IFoA qualification.

Knowledge

Typically the jobholder will have an understanding of the following:

Prophet or other actuarial modelling software, Excel & VBA

Some of the reporting metrics: Peak 1, IFRS, EV, EC, Solvency II

Insurance products, preferably bulk and individual annuity products

UK finance sector

Specific experience and skills

Experience in running accurate and efficient processes to a timetable, preferably in financial reporting

Experience in reviewing processes and implementing improvements

Analytical skills with the ability to review results for reasonableness

Good communication and interpersonal skills

“For internal candidates, please note that your application will be shared with the L&G chief tutor. This is your name only and for rotation purposes."

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, 22 days’ (with potential to rise to 26 days) holiday, discretionary performance related bonuses, paid overtime, 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.

Legal & General runs a highly regarded Actuarial Rotations Programme for students, which you will be a part of. The role you are applying to is for a specific location, but to further develop and enhance your skills you may be asked to rotate in future to our other site. Our sites are London and Hove.  

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 kieran.ives@landg.com.  Please note applications can only be made online via the portal

About L&G

We take pride in being there for our customers. We help them deal with whatever life has in store and support them in achieving financial security; and that’s thanks to the talented and dedicated people who work with us. For us, ‘social responsibility’ is not just a buzzword. It defines us and runs through everything we do for our customers and as an employer. And working with us, you’ll get a competitive reward package and have the flexibility and autonomy to deliver your personal, business and career goals.

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

We take pride in being there for our customers. We help them deal with whatever life has in store and support them in achieving financial security; and that’s thanks to the talented and dedicated people who work with us. For us, ‘social responsibility’ is not just a buzzword. It defines us and runs through everything we do for our customers and as an employer. And working with us, you’ll get a competitive reward package and have the flexibility and autonomy to deliver your personal, business and career goals.

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.