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Actuarial Analyst

Date Posted
3rd November 2014
Reference
VAC-2145
Sector
Life
Job Type
Permanent
Location
London
Salary
£45,000 to £55,000 Per Annum

Job Description Apply: Actuarial Analyst

Background and Purpose:

The reporting team develops and oversee the actuarial aspects of the Group’s external and internal reporting methodologies with particular focus on European Embedded Value (EEV) reporting.

The principal accountabilities of the reporting team with regard to EEV reporting are:

  • Setting economic assumptions
  • Addressing other assumption and methodology issues for IFRS and EEV
  • Providing actuarial guidance to Business Units
  • Reviewing results
  • Provide input into disclosures
  • The role also supports the wider activities of the team, including IAS19 valuation of the 3 UK defined benefit pension schemes.

 

There are opportunities to move within Group Actuarial and Group Finance or between Group Head Office and business units over time, should the candidate wish. The company also provides study support.

Principal Accountabilities:

We are looking for a senior actuarial student or nearly qualified actuary with a number of years’ experience. The work involves a mix of activities including:

  • Production of economic assumptions
  • Assist in reviewing results and producing analysis
  • Perform review of non-economic assumptions
  • Writing papers and assist in review of internal and external financial disclosures

 

Core Competences Required:

  • Proven experience of financial reporting and of life insurance/pensions products
  • Strong actuarial knowledge and thorough understanding of statistics and financial economics
  • Expected to qualify within approximately 2 years
  • Strong analytical skills and ability to apply judgement on a consistent and well-rationalised basis
  • Strong documentation skills
  • Strong team-work skills
  • Strong verbal and written communication skills

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