Senior Actuary & Actuary - Finance

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ScreenedPart TimeJust posted
London
Posted 1 day ago
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About the role

Company DescriptionLegal & General (L&G) is a leading UK financial services group and major global investor. We've been safeguarding people's financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.We are one of the world's largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. L&G Institutional Retirement looks after around 700,000 institutional customers who have their retirement benefits secured with us. Our Institutional Retirement business is the UK's longest-serving active bulk annuity provider.Who we areInstitutional Retirement is the only insurer to have been operating continuously in the UK market from our entrance in 1987 to the present day. Our UK retirement annuity book stands at an estimated 86.1 billion at 31 December 2023. Across our retail and institutional retirement businesses, we look after more than 1 million customers, around c.700,000 of whom are institutional customers who have had their retirement benefits secured with us. Job DescriptionWe are looking for a Senior Systems Actuary to help shape the future of our Defined Benefit (DB) pensions administration systems. This is a senior technical and people leadership role within our multi-award winning Pension Risk Transfer (PRT) business, with an immediate focus on leading development and change in our internal administration platforms.You will bring together deep pensions knowledge, systems thinking and practical leadership. What matters most for this role is your understanding of DB administration calculations, your experience turning complex requirements into controlled system change, and your ability to lead people and priorities with confidence.What you'll be doingLeading the systems change strategy for Defined Benefit onboarding, payroll and claims calculations in our internal administration platformsTurning complex scheme rules into clear specifications and requirementsOverseeing development of test approaches, regression packs, release validation, governance and sign-offImproving processes to increase efficiency, consistency and controlsLeading and developing a small technical team and setting clear prioritiesWorking with business teams and technology partners to understand customer and operational impactsSharing actuarial, calculation, administration and data expertise across PRTTaking the lead in all matters with regard to the management of employeesWhat we're looking forStrong experience in Defined Benefit pensions, with clear exposure to administration calculationsQualified or Part Qualified Actuary preferred, with demonstrable experience/knowledge of Defined Benefit Pensions being essentialExperience of actuarial systems, calculation engines or pension administration process developmentConfidence producing or reviewing technical specifications, test plans and controlled system changesExperience working in Agile delivery teams and using tools such as JIRA, Confluence, or similarStrong analytical judgement and a practical approach to complex problem solvingEvidence of influencing stakeholders across technical and non-technical teamsLeadership capability and a genuine interest in developing peopleAbility to work autonomously while keeping others informed and aligned Programming experience is valued but not essentialWhatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. The opportunity to participate in our annual, performance -related bonus plan and valuable share schemesGenerous pension contributionLife assuranceHealthcare Plan (permanent employees only)At least 25 days holiday, plus public holidays, 26 days after 2 years' service. There's also the option to buy and sell holidayCompetitive family leaveParticipate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice (permanent employees only)There are many discounts we offer – both for our own products and at a range of high street stores and onlineWe're creating net‐zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‐person experienceAdditional InformationAt L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. Empowered through initiatives which support people to develop their careers and excel.We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time and job shares. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. Financial Services

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