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Technical Change Actuary

Legal & General
London, United Kingdom
Closing date
Apr 26, 2024

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Job Function
Industry Sector
Finance - General
Employment Type
Full Time
Company Description

Securing pensions over the long term can be a challenge for many businesses.

Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension 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.

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

Job Description

Are you solutions-oriented with a strong quantitative background and looking for a new role where you can drive forward change in a business that is growing?

We have a fantastic opportunity to join us here at L&G as a Technical Change Actuary/Quant, where you will be responsible for ensuring the delivery of assigned initiatives within the Risk Analytics change portfolio.

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!

  • Qualified Actuary or equivalent Qualification (CFA, FRM, CFQ etc.) or demonstrable experience in an Actuarial/Quantitative change/transformation role.
  • Strong communication, collaboration, and interpersonal skills with the ability to influence and steer key stakeholders.
  • Experience of implementing and/or supporting software systems development and project delivery life cycles (for things such as actuarial/risk reporting models and tools, and derivation of new pricing/risk management algorithms)
  • Good awareness of the IT technologies and delivery techniques used to build and implement the financial and analytical modelling systems. Including processes used by actuaries/quantitative financial engineers in Insurance organisations.
  • Experience of programming in languages such as Python, VBA, R, C++ - would be highly beneficial, but is not essential
  • A Project/Software Development related certification such as: Prince 2 Practitioner, Association of Project Managers (AMP), Agile PM practitioner; ITSQB Test Manager foundation certificate or Business Analysis - would be beneficial, but is not essential.
  • It would also be highly beneficial if you had an understanding/working knowledge of:
    - Financial Reporting processes and metrics such as Economic Capital, Solvency II and IFRS.
    - Asset valuation and modelling.
Additional Information
  • Competitive Salary ranging from circa £60,000 - circa £85,000 (depending on experience)
  • Annual Performance Related Bonus
  • Holiday Allowance - 27 days plus all UK bank holidays
  • Pension Contribution - L&G match any personal contributions up to 5% and then provide a further contribution of 5%
  • Private Medical Cover
  • Life Insurance
  • Income Protection
  • Smart Spending - which gives you access to vouchers/shopping discounts
Please note the above are just a few of the many benefits you will be entitled to from day one, when you join L&G.

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we've grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands.

We're all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you'll find a balance that helps you be your best. Empowered by hybrid working, we're supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there's over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don't have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don't just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it's important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we're always open to discussing flexible working arrangements. Likewise, we're committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.

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