Actuarial Analyst + Senior Analyst - Potters Bar, Hertfordshire, United Kingdom - Canada Life Group (UK) Ltd (The)

Description

Please note this position is not of our Actuarial Trainee Scheme and does not provide study support.
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.

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.

As part of growing our BPA business we are looking for a number of analysts roles to support our Operations, Pricing and Proposition & Projects teams.

Review of pension scheme reports/data to put together data schedules and benefit specifications between Canada Life and Scheme Trustees.

To ensure data and benefit specifications are complete and accurate in all respects including legislative requirements.

• Using your understanding of actuarial concepts and models to calculate premiums and/or premium true-ups, trivial commutations and other member options using actuarial processes, modelling systems, spreadsheets, and reporting tools.
• Create quality reports to ensure strong understanding of results, analysis and to allow the appropriate processing of downstream activities for example, administration updates, reinsurance accounting ,premium changes, project plans and resource tracking.
• Clear and accurate written and verbal communication of data, actuarial and modelling reports to line management and wider business. Project initiation documents, KIRA etc.
• Working in a team with great diligence to ensure the modelling of data is accurate and complete.
• Strong technical skills and knowledge of Defined Benefit pension schemes and the legislative requirements of pension schemes.
• Comprehensive understanding of the UK regulatory environment.
• Strong communication skills (able to communicate technical and complex issues both verbally and in writing to senior audiences, including non-actuaries).
• Ability to apply actuarial techniques to business problems and to see wider implications.

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.

We care about doing the right thing for our people, customers and community and helping others to build better futures.

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're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.