With Profits Actuary

Summary: Our client is seeking a highly skilled With Profits Actuary for an initial 3-month contract. The role involves leading actuarial analysis for With-Profits funds, developing ALM frameworks, and collaborating with investment teams. The actuary will also provide input into strategic projects and support regulatory reporting while engaging with senior stakeholders. Compliance with actuarial standards and governance frameworks is essential.

Key Responsibilities:

• Lead actuarial analysis and support for the management of With-Profits funds, including bonus setting, smoothing, and estate management.
• Develop and maintain ALM frameworks to optimize the balance sheet and manage interest rate, inflation, and longevity risks.
• Collaborate with investment teams to align asset strategies with liability profiles.
• Provide actuarial input into strategic projects, including capital optimisation, reinsurance, and product development.
• Support regulatory reporting (e.g., Solvency II, IFRS 17) and internal model development.
• Engage with senior stakeholders across Finance, Risk, and Investments to communicate complex actuarial concepts clearly and effectively.
• Ensure compliance with actuarial standards and contribute to governance and control frameworks.

Key Skills:

• Strong actuarial analysis skills, particularly in With-Profits funds.
• Experience in developing ALM frameworks.
• Ability to collaborate with investment teams.
• Knowledge of regulatory reporting standards such as Solvency II and IFRS 17.
• Excellent communication skills for engaging with senior stakeholders.
• Understanding of actuarial standards and governance frameworks.

Salary (Rate): undetermined

City: London Area

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other