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Lead Systems Actuary (12 month fixed term contract)

Employer
Legal & General
Location
Hove, East Sussex
Salary
Competitive salary + benefits
Closing date
27 Nov 2020

View more

Sector
Pensions, Other
Contract Type
Interim, contract & temp
Hours
Full Time

Job Details

LGR (Legal & General Retirement) is currently recruiting for a Lead Systems Actuary on a 12 month fixed term contract basis. 

You will manage a team, provide design and input into the delivery of technology systems for all LGR actuarial platforms and enable divisional confidence in the current and future life of their systems.

What you’ll be doing:

  • Leadership of a team of system actuaries in support of the actuarial analysis for the LGR (Legal & General Retirement) division, providing design and input into the delivery of technology systems for all LGR actuarial platforms.
  • To manage the team in accordance with the Company’s policies and procedures, including the Partnership Agreement, so that the team’s business objectives are achieved consistently.
  • Actuarial design ownership: Accountable for the end-to-end actuarial design of the solution spanning multiple software components (evidencing at all points how the design answers the requirements – clear traceability).  Help convert LGRI strategic vision into local activities by working with System Actuaries.
  • Interaction: Working with development teams to deliver detailed actuarial design. Working with the Business and Solution Architects to ensure that data and functional actuarial architectures adhere to the high-level architecture principles and support target state vision for the enterprise. Working with Business Stakeholders; Product Owners, SMEs, Business Actuaries, Business Analysts etc. and handling technical and actuarial queries. Must be able to articulate complex cases, issues, concerns in a manner appropriate to the audience.
  • System requirements: Working closely with Business Architects and Business Analysts to help with translating desired business outcomes into robust system requirements, both functional and non-functional.  Willing to challenge traditional thinking and design with a focus on exceptional business outcomes.
  • Development & testing: Facilitate and participate in detailed design reviews.  Working with testing teams (or for smaller projects this may be self-driven) to support the definition and implementation of the testing strategy for the initiative.  Ensure any actuarial calculations are to specification. Ability to carry out robust testing to enable release to UAT. Proactively look for and implement automated solutions.
  • Knowledge base: Actuarial knowledge and support across LGR for subject matter expertise.  Add value and education to business queries and understands impacts of change and LGR system interactions / flow.  Comfortable to challenge collaboratively during the solution design process, and to challenge the business requirements with regard to actuarial appropriateness.

What we’re looking for:

Qualifications:

  • Actuarial qualification – Registered Fellow of the Institute of Actuaries
  • Degree level or equivalent, in a technical or numerate field

Knowledge:

  • Track record of analysing solutions and requirements for a wide variety of initiatives spanning multiple technologies, delivered over a significant period of time
  • Excellent verbal, writing and documentation skills
  • Exceptional personal and communication skills
  • Ability to adapt and work in an agile working environment and interact with people across various sites
  • Understanding of the capital markets (Solvency II) would be beneficial

Experience:

  • Post-qualification experience in the Pensions and Annuity industry: Defined benefit pension structures, individual retirement products and pension products, bulk purchase annuities, reinsurance and pricing.
  • Knowledge and experience of mortality benefits, investments, yield curves, swap curves and cash flow modelling and actuarial pricing techniques would be beneficial.
  • Experience with Agile project methodologies and experience with continuous delivery and process automation would be beneficial
  • Substantial experience in software/application development with progressively increasing responsibilities and long-term engagements with employers.  Source control and best practice should be well understood.
  • Significant experience of actuarial data analysis and MI.
  • Experience in facilitating and hosting workshops and focus groups with SMEs and senior stakeholders

Leadership:

  • Proven experience in leading Actuaries and Business Analysts in the Pensions and Annuity industry.

We’re an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation, gender identity or age.

Please contact Stacie Burnett, Resourcing Lead - Stacie.Burnett@landg.com for further information.

To apply for this role, please click on the following link:

http://apply.legalandgeneralgroup.com/vacancies/16534/TAW/lead_systems_actuary_12_month_fixed_term_contract/

We have a number of actuarial roles available – Please see our website for all current opportunities - https://careers.legalandgeneralgroup.com/

Company

From the outside, we may seem familiar. On the inside, we are anything but.

At Legal & General, everything we do is driven by our vision to build a better society and improve the lives of our customers while creating value for our shareholders. We invest today’s money such as pension funds, into tomorrow’s assets: investments which will not only pay a return in the very long term, but will also contribute to a better economic future.

We are one of the UK’s leading financial services groups and with over £1 trillion in total assets under management, the UK’s largest investment manager for corporate pension schemes, with plans to expand our international businesses in the US, Europe, Middle East and Asia.

From affordable housing and urban regeneration to clean energy and small business finance, there is so much more to us than what meets the eye. So take a closer look. Get involved. Be curious. And you may be surprised!

At Legal & General, we know it is you who enable us to be brilliant and are proud to be home to a community of diverse actuarial talent, a community which is committed to making the numbers mean more. So why not take the next step and explore one of the many opportunities we currently have to be a part of it?

Don't just take our word for it. Click here to hear directly about what life is like as an actuary at Legal & General from Vibha: https://www.youtube.com/watch?v=3mBf1YQ9-_w

If you're interested in learning more, please contact Jordan Russell at jordan.russell@landg.com

Company info
Website
Telephone
07889439662
Location
Legal & General
One Coleman Street
London
Greater London
EC2R 5AA
GB

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