In this role you will provide technical actuarial support to their Annuities Book (both in-payment and deferred quotes) which support and underpins both BAU releases and programme deliveries within their PRT Business. This is a Hybrid working opportunity based from their London Offices (but would entail travel to Hove as required).
Overview
Key duties (including, but not limited to):
- 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 required:
- A qualified Life/Pensions Actuary (or qualified through similar experience)
Experience required:
- 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