Actuary

DescriptionPension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders.PIC has a fantastic opportunity for an Actuary to join its Financial Planning & Analysis (FP&A) function within the Finance department. The function's aim is to delivery relevant and timely insight to Finance, ExCo and the Board to support effective decision making.This role requires the ability to effectively collaborate with Finance, Origination, Investments, Risk, and other departments at PIC as well as to apply knowledge and insights concerning FP&A activities and how these impact our policyholders and shareholders.Specific accountabilities assigned to the role of Actuary within FP&A:Support in the preparation of regular forecasts and business plan for PIC’s senior management and shareholders, delivering draft forecasts to senior members of the team. Assist the preparation of and the maintaining the weekly Solvency Monitoring toolSupport in preparation of PIC’s Business Plan projections, working effectively with senior members of the teamSupport addressing of ad-hoc queries from shareholders and other key stakeholders, performing analysis and preparing first drafts of responsesTakes ownership for their own learning and development in both technical (e.g. data analysis and critical judgement) and non-technical (self-insight and relationship management) skillsSupport Stress and Scenario Testing, both on the balance sheet and Business Plan projectionsRequirementsExperience:Recently (or nearly) qualified actuaryDesirable: experience in working in a business partnering or FP&A function within a UK life insurance environmentKnowledge:Good technical knowledge of financial reporting in a UK life insurance environmentDesirable: knowledge of UK DB pensions and/or bulk annuities. • Desirable: Competence in use of actuarial modelling software, e.g. RAFMSkills:Strong organisational skillsStrong communication skillsAbility to persuade and influence both directly and indirectlyAbility to organize work to meet deadlinesAbility to work within defined procedures as recommended by functional teamsCommercial judgementGood working knowledge of MS Access, MS PowerPoint, MS WordDEI at PICAt PIC, we believe that true innovation stems from embracing diverse perspectives, backgrounds and experiences. We are committed to building a workplace where every individual, regardless of race, gender identity, sexual orientation, disability, age, religion, or socio-economic background, feels valued, heard and empowered to succeed. We hold ourselves accountable through ongoing initiatives, such as inclusive hiring practices, and equitable career development opportunities that support belonging and community. While we’re proud of our progress, we recognise there’s work ahead, and we remain dedicated to listening, learning and evolving together.BenefitsIn addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.Job SummaryID: A34C0DB57FDepartment: Financial Planning & AnalysisType: full time