Actuarial Analyst (Capital Investments & Private Markets)

Company Description

Legal & General is one of Europe’s largest asset managers, providing clients and partners with complex, responsible investment solutions across public and private markets.

As a global investor, we are present where our clients most need us – from Hong Kong and Singapore to Chicago and major European financial hubs.

Our Asset Management division works with our Institutional Retirement and Retail divisions to benefit our clients and customers, which include individual savers, pension scheme members, and global institutions.

Joining us means becoming part of a market-leading team, with capabilities across the full spectrum of asset classes and a commitment to responsible investment.

Job Description

We’re currently recruiting for an Actuarial Analyst to join our Capital Investments team in our Asset Management Division.

In this role, you will produce the quarterly Solvency II reporting for Capital Investments, including analysis of change in Own Funds and analysis of change in SCR.

You will also help to produce the monthly forecasting for Capital Investments SII results, including relevant MI for Senior Stakeholders.

This is a hybrid working opportunity, allowing you to split your working week flexibly between your home and our London office in Moorgate.

What you'll be doing:

• Producing the quarterly Solvency II Own Funds and SCR analysis, ensuring it meets the required internal and external deadlines for various business units.
• Producing the monthly forecasting of Own Funds and Solvency II movements.
• Producing any other monthly/annual MI (e.g., Risk MI) and supporting ad-hoc business analysis as required.
• Building and maintaining relationships with relevant contacts in Business Units, other Group Capital teams, and Group Finance.
• Identifying and implementing potential improvements to processes where necessary.
• Liaising closely with L&G Capital Investments Capital Management to identify new assets and changes to valuation treatment.
• Complying with the relevant Internal Model governance standards, particularly Internal Model validation, data management, and documentation.
• Ensuring you manage any Internal Model changes in line with Group standards.

Qualifications

Who we're looking for:

• Part Qualified Actuary who is making good progress through the IFoA Exams.
• Familiarity with/experience of Solvency II.
• Knowledge of actuarial liability reporting and analysis processes.
• Data analysis skills, with the ability to apply financial analysis techniques.
• Problem-solving capabilities, with the ability to develop new processes and approaches to enable agile responses.
• Modelling proficiency within Microsoft Excel (other programmes such as Python and/or R are highly desirable).

Benefits

• The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes.
• Generous pension contribution.
• Life assurance.
• Private medical insurance.
• At least 25 days holiday, plus public holidays, increasing to 26 days after 2 years’ service.
• Competitive family leave.
• Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax-efficient salary sacrifice.
• Discounts for our own products and at a range of high street stores and online.
• Our offices are designed to connect and collaborate, with wellbeing at the heart.

Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023 for the second year running.

We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.

If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences.

We strive to be open, mindful, and inclusive, and are always willing to discuss flexible working arrangements and reasonable accommodations for candidates with specific needs.