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Senior Actuary
Found in: One Red Cent EUR eFC C2 - 1 hour ago
Canada Life Limited Potters Bar, United Kingdom Full timeCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our pa ...
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Senior Actuary
Found in: One Red Cent EUR eFC C2 - 1 hour ago
Canada Life Limited Potters Bar, United Kingdom Full timeCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our pa ...
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Senior Actuary
Found in: Talent UK C2 - 13 hours ago
CLFIS Limited Potters Bar, United Kingdom: Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our ...
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Senior Actuary
Found in: Jooble UK O C2 - 1 day ago
Canada Life Limited Potters Bar, Hertfordshire, United KingdomCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our pa ...
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Senior Actuary
Found in: Jooble UK O L C2 - 5 days ago
Canada Life Group Ltd Potters Bar, Hertfordshire, United KingdomCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.Part of our parent ...
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Senior Actuary
Found in: Jooble UK O C2 - 1 day ago
Canada Life Limited Potters Bar, Hertfordshire, United KingdomCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our pa ...
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Senior Actuary
Found in: One Red Cent EUR eFC C2 - 1 hour ago
Canada Life Limited Potters Bar, United Kingdom Full timeCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our pa ...
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Senior Actuary
Found in: Talent UK C2 - 13 hours ago
CLFIS Limited Potters Bar, United Kingdom: Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our ...
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Senior Actuary
Found in: Jooble UK O C2 - 8 hours ago
Canada Life Limited Potters Bar, Hertfordshire, United KingdomCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our pa ...
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Senior Actuary
Found in: Talent UK C2 - 13 hours ago
CLFIS Limited Potters Bar, United Kingdom: Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our ...
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Senior Actuary
Found in: One Red Cent EUR eFC C2 - 1 hour ago
Canada Life Limited Potters Bar, United Kingdom Full timeCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our pa ...
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Senior Actuary
Found in: Talent UK C2 - 13 hours ago
CLFIS Limited Potters Bar, United Kingdom: Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Part of our ...
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Senior Actuary
Found in: Jooble UK O L C2 - 5 days ago
Canada Life Group Ltd Potters Bar, Hertfordshire, United KingdomCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.Part of our parent ...
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Senior Actuary
Found in: Jooble UK O L C2 - 3 days ago
Canada Life Group Ltd Potters Bar, Hertfordshire, United KingdomDuration: 6 month Fixed Term contract (not day rate)Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, ...
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Senior Pricing Actuary
Found in: SonicJobs Direct Apply UK - 1 day ago
cer Financial Ltd London, United Kingdom Full timeSenior Pricing Actuary (Insurance - commercial lines)Well Established international Insurance CompanyPermanent City of Londonup to £120,000The suitable candidate MUST have experience within commercial insurance lines and have dedicated experience as a Pricing actuary. We also do ...
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Senior Pensions Actuarial Consultant
Found in: Jooble UK O C2 - 2 days ago
Canada Life Limited Potters Bar, Hertfordshire, United Kingdom Part timeCanada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. · Canada Life UK ...
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Senior Actuary
Found in: Jobleads UK C2 - 2 hours ago
The Emerald Group London, United KingdomThe Chief Actuary heads up a specialist second line actuarial team within the broader Risk department. This is a small, highly skilled team which has interaction across the business including Pricing, Finance and Risk. · Location: London · Category: Life Actuarial · Type: Perm ...
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Actuarial Senior
Found in: Appcast UK C C2 - 1 day ago
Hawksworth Greater London, United KingdomSenior & Principal Pricing Analyst (Actuarial) · Household name insurer / £65k-75k per annum + excellent bonus · Client: Global Insurer · Location: Leeds / Birmingham / Croydon / Bournemouth · Hybrid: 2 days in the office per month · Ready for your next career move into a Princ ...
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Senior Actuary
Found in: Jobleads UK C2 - 2 hours ago
The Emerald Group London, United KingdomReporting to the Head of Capital Development you will contribute to the delivery of the capital strategy. · Location: London · Category: Life Actuarial · Type: Permanent · Key duties (including, but not limited to): · Own specific capital management initiatives or tasks, ...
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Actuarial Senior
Found in: Ziprecruiter UK C2 - 22 hours ago
Hawksworth Greater London, United KingdomJob Description · Senior & Principal Pricing Analyst (Actuarial) · Household name insurer / £65k-75k per annum + excellent bonus · Client: Global Insurer · Location: Leeds / Birmingham / Croydon / Bournemouth · Hybrid: 2 days in the office per month · Ready for your next career ...
Senior Actuary - Potters Bar, Hertfordshire, United Kingdom - Canada Life Limited
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Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation.
Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers. Job PurposeThis position will be responsible for:
Performance and communication of the Independent Validation of Canada Life's Internal Model. A key role that contributes to the CRO's Opinion of the ongoing appropriateness of the Internal Model.
In addition:
- contribute to the wider delivery of the CLL Risk Team's plan
- (Non-PIM) Model Risk Reviews and Management
- contribute to Internal Model oversight at a CLG-level.
- maintain CLL's Internal Model governance framework.
Reports to the Head of Internal Model Oversight. Key Accountabilities
1) Deliver Independent Validation of the Internal Model for CLL and also in support of oversight at CLG. Regular activities include:
- Perform Independent Validation reviews of Internal Model components, ensuring reviews are preceded by an agreed Terms of Reference.
- Confirm factual accuracy of findings with stakeholders and summarise points into Executive-level reports. Obtain explicit management responses and agreement of remedial actions. Monitor progress on addressing findings raised, escalating where necessary, and challenge the evidence of remediation before closing findings.
- Support the maintenance of a rolling schedule of review activity to provide appropriate coverage of Solvency II requirements.
- Maintain effective records of review evidence and Risk Opinions.
- Ensure work performed is in line with the CLG Internal Model Governance Policy and Solvency II requirements.
2) Perform additional second line review activity, as appropriate:
- (Non-PIM) Model Risk Reviews and Management (Growing Area)
- Perform other second line risk reviews, in support of the wider delivery of the Risk Team's annual plan e.g. Pricing/Business Strategy.
- Input to the wider ORSA process, as appropriate.
- Provide Risk Opinions on key Internal Model activity including Model Changes.
- Perform second line review of CLL's Standard Formula Appropriateness Assessments.
3) As required, attend Internal Model governance bodies.
- Support the annual review of Terms of Reference for Internal Model governance bodies.
4) Manage stakeholder relationships in respect of the Internal Model.
- Maintain collaborative relationship with the CLG Risk Team, to ensure appropriate support is provided to help inform the CLG CRO's Opinion of the ongoing appropriateness of the Internal Model at a CLG-level.
- Support engagement with the PRA in respect of the Internal Model, and external parties, as appropriate.
5) Maintain the Internal Model Standards documents that underpin CLG Internal Model Governance Policy, and ensure ongoing compliance with Solvency II requirements. Desired Knowledge / Experience / Skills
• Experience in the life insurance industry.
• Strong technical knowledge and an understanding of Solvency II capital requirement calibrations, and a good understanding of Solvency II as a whole.
• Knowledge of Internal Model calibrations and if not already an expert in the various elements of risk modelling within the Canada Life model, possess the technical ability to rapidly become technically proficient in those areas.
• A good working knowledge and understanding the "three lines of defence", and the risk oversight role of the second line.
• Strong report writing skills and ability to convert technical issues into clear, concise reports.
• Good communication skills, demonstrating a clear and articulate standard of written and verbal communication in a complex environment, tailored for all levels of management.
• Attention to detail and discipline in consistently applying rigour and ensure maintenance of audit trails.
• Good influencing skills, with experience of engaging with senior management in order to get desired outcomes.
• Good interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders.
• Proven track record at delivering reporting requirements under tight time pressure.
• Knowledge of MATLAB, R ,Python is a bonus
• Self-motivated, well-organised, pragmatic and able to perform tasks independently.
Qualified Actuary Benefits of working at Canada Life We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development. How we work at Canada Life Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward. We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That's why we offer a range of training, flexible working and opportunities to grow and develop. Diversity and inclusion Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we're making in DEI, and we continue for it to be a significant focus. "At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all." Nick Harding, Chief People Officer, Canada Life UK We appreciate that everyone has different work and life responsibilities. We're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.
About Canada Life UKWe're market leaders and proud of the work we do. We provide retirement, investment and protection solutions to 3.5 million cus...
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