Actuarial Technical Service Manager

Description:

We're the UK’s longest-serving active bulk annuity provider, and a market-leading, multi-award winning business.
 

Securing pensions over the long term can be a challenge for many businesses. Our ambition atLegal & General Retirement Institutional(LGRI)is to help companies and pension scheme trusteeshonour their defined benefitpension promises to their employees.
 

We’re helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members’ financial security in retirement. And we’re investing for the long term to back our pension promises. In the last 30 years we’ve written more UK business than any other insurer, and we currently look after more than half a million pension policyholders.
 

Job Description
 

Do you have a wealth of Defined Benefit knowledge which you would like to share?
 

If so, we are looking for a Qualified Actuary to join the Technical Services Team within our PRT Business here at L&G.
 

In this role you will provide technical actuarial support to our Annuities Book (both in-payment and deferred quotes) which support and underpins both BAU releases and programme deliveries within our PRT Business.
 

This is a Hybrid working opportunity based from our London Offices in Moorgate (but would entailtravel to Hove as required)
 

Whilst this role has been advertised as a Full-Time position, we would also actively encourage applications from Part Time workers.
 

Do you feel like you meet the requirements but require greater flexibility? We’d love to hear from you regardless; we’re open to flexible working arrangements and support hybrid working, so please get in touch!
 

What you'll be doing

• Directing the planning, design and delivery of all actuarial & calculation changes for ALPS and associated EUCs.
• Seeking creative and innovative ways to deliver continuous improvement using LEAN methodologies, whilst maintaining quality, controls and customer outcomes.
• Mapping existing processes to identify improvements and presenting alternatives while supporting these recommendations into the business
• Maintaining and developing appropriate test packs to ensure good code coverage.
• Supporting the Senior Systems Actuary in all activities relating to the ongoing support of the pricing model including updates, development, documentation and testing.
• Support the Pensioner and Deferred Pension Loading teams in all activity including migration and new scheme loading to ensure benefit structures operate accurately and effectively leading to correct calculations, member communications and valuations data.

Qualifications
 

• A qualified Life/Pensions Actuary(or qualified through similar experience)
• Strong experience in technical actuarial roles and/or system development.
• In depth understanding of defined benefit pension schemes.
• Programming experience is preferred. Ideally with proficiency in C#, however other coding languages such as C++, R, Python etc. could be considered.
• Strong problem solving, analytical and financial skills
• Strong organisational and change management skills with the attention to detail
• Ability to prioritise and work independently, managing a high-volume of tasks and deadlines.