Actuarial Transformation Actuary

Actuarial Transformation Actuary

Posted 1 week ago by Legal & General

Negotiable
Undetermined
Hybrid
London, United Kingdom

Summary: The role of Transformation Actuary at Legal & General involves acting as an internal consultant to support Finance Transformation activities within the Institutional Retirement Division. The position focuses on model development, process improvement, and system optimization to enhance efficiency and control. This is a hybrid working opportunity, allowing flexibility between home and the Central London office. The role is offered on a 12-month fixed-term contract basis.

Key Responsibilities:

  • Identifying, developing and implementing innovative solutions that meet both the regulatory and commercial needs of the business.
  • Supporting model development using necessary coding/technical skills across a range of technology to bring about improvement to internal actuarial tools.
  • Collaborating with a wide range of internal stakeholders to undertake analysis and "as-is" reviews of current controls and making recommendations to improve these.
  • Improving processes, undertaking root-cause analysis to assess barriers to process efficiency and identifying optimal solutions.
  • Supporting on building out any related business cases that determine cost/benefit of any proposed changes and collaborating with Finance Transformation colleagues to deliver those changes in a timely fashion.
  • Ensuring stakeholders are managed with pro-active communications and engagement ensuring a strong relationship.
  • Presenting and explaining changes to processes or procedures to all impacted stakeholders and ensuring the changes meet their expectations.
  • Ensuring that the appropriate process, systems and controls are in place, and that the risks and issues are identified and escalated accordingly, to ensure that customers are treated fairly.

Key Skills:

  • Qualified Life Actuary or equivalent relevant experience.
  • Excellent problem solving and analytical skills.
  • Strong communication and stakeholder management skills, including the ability to positively influence stakeholders.
  • Process and controls analysis skills with experience in identifying solutions to improve efficiencies and subsequent delivery of those solutions.
  • Quality and delivery focused, with the ability to think creatively/outside the box to find new solutions to business problems.
  • Hands-on experience in modelling using a number of software packages such as VBA, R, PowerBI, Power Query (or equivalent) or a proven desire and ability to learn these skills.
  • Proactive attitude towards change and the ability to respond well to changing priorities from different sources.
  • Self-starter with the ability to build strong relationships across teams.
  • Knowledge of Assets and UK Pension Scheme liabilities would be highly beneficial.
  • A strong understanding of Reporting metrics, mainly IFRS17 & Solvency II.
  • A good understanding of risk and regulatory requirements.

Salary (Rate): undetermined

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other