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The Actuarial Rectifications Team plays a key role in ensuring that policies are managed in line with the policy provisions, policyholders’ expectations and FCA requirements.


Key duties (including, but not limited to):

  • Analysing different remediation approaches and writing options papers
  • Writing calcs specs
  • Building models in Excel or Access
  • Testing IT models
  • Performing remediation calculations for policies and checking calcs
  • Handling queries relating to the use of the models
  • Determining approaches to non-standard cases
  • Ensuring TCF issues, cost implications and practical constraints are taken into account when formulating solutions
  • Reviewing and writing report documents relating to the project

Qualifications required:

  • Partly-qualified or qualified Actuary

Experience required:

  • Strong technical ability in analysing problems, determining solutions and specifying calculations
  • Effective written and verbal communication skills with an ability to influence others
  • Strong Excel skills
  • Attention to detail
  • Job Type: Experienced Job
  • Area of Specialism: Life Assurance
  • Experience Level: Part Qualified (1-10 exams)
  • Job Reference: 27068
  • Location: Edinburgh or Bristol
  • Contract Type: Permanent
  • Employment Type: Full Time
  • Start Date: Immediate
  • Date Posted: 19 Jan 2024
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