Please note that some of our jobs may close earlier than the published closing date if we get a high volume of applicants. Therefore we would advise that you complete your application at your earliest opportunity to avoid disappointment.

Our Capital Management team are hiring and we’re currently looking for a nearly/newly qualified Actuary to join our Capital Solutions team on a permanent contract based from our London office.

The Capital Solutions team drives activity to improve the capital position of the Group and you’ll work alongside the Head of Capital Solutions and Senior Actuary’s in the team to identify, assess and execute transactions to improve the capital position of the Group.

Within the role you’ll select the appropriate data and support the modelling of potential transactions, producing papers for internal stakeholders, including:  Chief Actuary and Director of Financial Risk to set out expected impact and justify proposed treatment and demonstrate that it is consistent with relevant regulations.

If you’re a curious individual with ambitions to learn and an ability to showcase an understanding of the external market and internal modelling solutions then we’d love to hear from you. Working to become an established technical leader within the Capital Solutions team you should also be able to display a strong all round technical skillset with a background in programming languages such as Python, R, VBA or Access being advantageous.

You Will

• Support the Head of Capital Solutions to assess potential transactions to improve the capital position of the Group.
• Prepare the necessary data and material for potential counterparties
• Carry out the necessary modelling to assess the material from external parties to explore potential capital transactions
• Assess how a transaction could be structured to provide a benefit to the Group
• Complete impact assessment on a range of financial bases, including: Solvency II and IFRS
• Support the Head of Capital Solutions to prioritise the most beneficial and feasible transactions and to present solutions to Director of Capital Management and Group Actuarial Executive
• Support the Head of Capital Solutions to execute transactions
• Produce methodology and impact assessment documentation to support the transaction, including 2nd line and auditor reviews.
• Support the Head of Capital Solutions with post transaction implementation activities

You

• Qualified FIA, FFA or equivalent
• Technically strong modelling and coding background
• Experience of Solvency II as applied to UK life insurers
• Previous experience of statistical and stochastic models and or programming languages would be an advantage
• Naturally curious with strong communication skills and eye for detail

Working for us, you get your Just Rewards…

• Such as a Competitive Salary, Pension Scheme and Life Assurance
• Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
• Private Medical Cover and Income Protection, just in case
• A Bonus Scheme that takes a balanced approach and looks at both `in role performance’ but also `the behaviours and attitudes you exhibit at work’
• FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
• Plus we have a variety of Employee Funded Benefits available to our Employees via our Online Benefits Portal

About Us

We’re a FTSE 250 Financial Services company who specialise in retirement solutions and right now, our world is moving pretty quickly.

How people work, save, and plan for the future is all changing.  A new generation of retirees needs a new kind of retirement company.  A company who will look for new ways of doing things – and will always put the customer first. 

That’s who we are. We’re a company on a mission: to become a beacon for the entire retirement industry.  Because we believe everyone deserves a fair, secure, and fulfilling retirement.  And with you on our team, we’re going to make sure they get it.

As well as offering a great benefits package, we encourage flexible and agile working where possible. Get in touch with us to discuss in more detail.