Technical Change Actuary/quant - London, United Kingdom - LegalAndGeneral

LegalAndGeneral

Verified Company

London, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Company Description
Securing pensions over the long term can be a challenge for many businesses.

Our ambition at Legal & General Retirement Institutional (LGRI) is to help companies and pension scheme trustees honour their defined benefit pension promises to their employees.

We're helping companies settle their pension liabilities so they can focus on growing their businesses, as well as helping to support their members' financial security in retirement.

And we're investing for the long term to back our pension promises.

In the last 30 years we've written more UK business than any other insurer, and we currently look after more than half a million pension policyholders.

We're the UK's longest-serving active bulk annuity provider, and a market-leading, multi-award-winning business.

We're recruiting for a Technical Change Actuary/Quant
to join us.

We're offering a
competitive base salary, plus car allowance (if you are a fully qualified actuary under the IFoA or equivalent) and a host of other fantastic benefits.

The Technical Change team are key in the delivery of business growth and operational transformation for LGRI and other Group-wide stakeholders whom the team serves in regards to their asset data and financial reporting systems and processes.

They also ensure delivery of assigned initiatives within the Change Portfolio by utilising their awareness of both the business needs and the processes and systems to facilitate the design, testing and implementation of appropriate solutions.

What you'll be doing:

Developing/maintaining ongoing relationships and collaborative communication with all stakeholders and suppliers to ensure that change requests are delivered to an appropriate level of quality. You will also ensure that all parties are made fully aware of any key issues, risks, assumptions and dependencies that they should consider or address.
Supporting the Senior Product Development Manager in giving guidance to the team and its customers on the solutions that will best deliver the requested changes to the models, modelling methodologies, reporting processes and/or reporting metrics facilitated by the Technical Change team. You will also highlight any technical limitations of the suggested solutions and/or their potential impact on desired business outcomes and how this could be mitigated.
Providing an Actuarial/Technical steer to ensure that projects and change initiatives deliver their desired outcomes to the agreed budget, timescales, quality and stakeholder priorities. This will be achieved by working directly with the delivery teams and any 3rd parties in accordance with the relevant L&G Business and IT Change policies, best practices and governance frameworks.
Ensuring effective solutions are implemented that meet business needs by either managing their delivery or carrying out elements of the requirements gathering and impact assessment process through which the business and IT opportunity/problems are understood, investigated, documented and stakeholder validated. You will do this by using appropriate actuarial techniques, any relevant supporting modelling and other data investigations, eliciting calculation specifications and acceptance criteria from stakeholders, documenting their requirements, developing independent calculation replicating tools, and considering existing asset and other relevant data needs, including from 3rd parties.
Acting on behalf of the customer by ensuring sufficient testing and quality evaluation of the deliverables has occurred at all stages of the delivery and development lifecycle, this will ensure that the end product is fit for purpose, meets the business and IT acceptance criteria, is signed off by all relevant stakeholders as acceptable, and any exceptions to the agreed acceptance criteria are identified to stakeholders for consideration.
Managing the smooth, integrated delivery of initiatives and their outcomes into the wider business for them to be able to realise the expected benefits. You will achieve this via updates to BAU operating model documentation, regular ongoing socialisation of the changes and their expected impacts on stakeholder processes and training stakeholders and suppliers to ready them to use any updated software/processes.
Ensuring that Conduct Risk and Treating Customers Fairly (TCF) rules are embedded into your day to day operations to deliver good customer outcomes at all times. Ensuring that all business processes and internal controls within your role are designed and performed in a way that delivers good customer outcomes and demonstrates effective management of Conduct Risk.

Qualifications Who we're looking for**:

Qualified Actuary or equivalent qualification (CFA, FRM, CFQ etc.) or demonstrable experience within an Actuarial/Quantitative Change/Transformation role.
Strong communication, collaboration, and interpersonal skills with the ability to influence and steer key sta