Senior Actuary (Fixed Term Contract)

Duration: 6 months

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.

This is a fixed term contract opportunity to move actuarial reporting spreadsheets to compliance with the Canada Life internal EUC standard and complete UAT testing on the new approach. It is important that you have attention to detail, are able to efficiently and effectively make updates to spreadsheets in line with compliance documents, have excellent Excel skills, and are able to work independently.

This contract opportunity would suit an Actuary who has experience within either compliance, risk or audit.

Experience in reporting or working knowledge of Solvency II and IFRS17 is essential.

Technical Expertise

• Strong commercial awareness and understanding of the needs of the business.
• Ability to apply technical actuarial techniques and understand business/commercial implications.
• Understand complex statistical and financial models across a range of actuarial disciplines.
• Significant experience in the life insurance industry and is a subject matter expert in a number of disciplines within the function.
• Proven ability to lead on high-profile projects, utilising experience in project management techniques to deliver complex projects on-time, in-full.
• Willing and capable of taking difficult and complex decisions independently.
• Experience in IFRS17 and Solvency II financial reporting, particularly in the context of annuity products.

Communication

• Strong communication skills, demonstrating a clear and articulate standard of written and verbal communication.
• Ability to adapt messages to the audience in a format that is easily understood by non-technical colleagues.
• Strong influencing skills, with experience of engaging with Boards and senior management.

Relationship Building

• The ability to develop and maintain strong relationships across the actuarial function and the wider business.
• Strong interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders.
• Ability to flex their style and delivery depending on the individual and/or audience.

Taking Initiative

• Exceptional problem-solving skills and attention to detail.
• Self-motivated, well-organised, pragmatic and able to perform tasks independently.

Developing Self and Others

• Strong skills and experience in managing and motivating a team from a diverse range of professional backgrounds.
• Strong coaching ability in technical and non-technical skills.
• An interested and inquisitive individual who is committed to their own ongoing professional and personal development.

Qualifications

Fellow of Institute of Actuaries (or equivalent) or significant actuarial experience.

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.

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. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others.

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 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.

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 you.