Actuary - Edinburgh, United Kingdom - Royal London Group

Royal London Group

Verified Company

Edinburgh, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Job Title:
Actuary

Contract Type:
Permanent

Location:
Edinburgh

Working style:
Hybrid 50% home/office based

Closing date: 16th February 2024

We are looking for a Qualified Actuary to join the Product Commercials team on a permanent basis.

The role will report to the Protection Commercials Lead and be focused on managing the pricing and wider commercials of life insurance products.

As an important member of the team, you will influence the pricing approach for the Protection business and be responsible for driving innovative changes to commercial analyses and team processes.

This is an exciting opportunity to be part of a dynamic and supportive team that works together to deliver great outcomes for our customers and members.

About the role

Set and deliver pricing strategies for the Protection business
Carry out financial analysis using complex actuarial and analytical techniques to support the Product Commercials team, Proposition and Distribution teams, or wider business planning and other activities as required
Challenge and make improvements and efficiencies to data, processes, procedures, and documentation to make them more accurate and/or efficient
Provide specialist advice and interpretation of data and results to colleagues and senior managers across the department and the wider business
Write and present reports to colleagues and senior managers across the department and the wider business

About you

Qualified Actuary (FIA or FFA) with relevant professional experience and an excellent understanding of the actuarial concepts and techniques required to fulfil the role
Ability to communicate in a professional manner with colleagues and senior managers
Highly numerate and excellent problem-solving skills
Excellent understanding of life insurance products including competitors' products
Experience of life insurance pricing and reinsurance analysis desirable, with experience of using Radar software an advantage
Proficiency in using actuarial modelling software, such as MG-ALFA, along with experience using SQL, R or Python desirable

About Royal London

We're the UK's largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance.

You can see all our benefits here - Our Benefits

Inclusion, diversity and belonging

We're an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London.

Our diverse people and perspectives give us a range of skills which are recognised and respected - whatever their background.