At a Glance
- Tasks: Analyse and validate model changes, solving complex actuarial issues.
- Company: Join Standard Life, a leader in retirement savings with over 200 years of experience.
- Benefits: Enjoy competitive salary, generous leave, private medical cover, and flexible working options.
- Other info: We embrace diversity and welcome applicants from all backgrounds.
- Why this job: Be at the forefront of regulatory transformation and make a real impact on financial futures.
- Qualifications: Qualified Actuary with experience in modelling and strong communication skills.
Who are we? We’re Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone’s journey to and through retirement can be better, and for more than 200 years, we’ve been helping our customers plan and prepare for their financial futures. Life today is increasingly complicated, uncertain and unpredictable. People move through different careers, face unexpected moments and navigate important choices. We offer our colleagues flexibility, trust and benefits that work for whatever life brings. In return we expect curiosity, connection, accountability and high standards. We make room for what matters - so you can bring your best, every day.
The role As part of the MMC3 programme, one of the most significant model change initiatives within Standard Life, this role offers the opportunity to work at the heart of a major regulatory and business transformation. You will play a key role in analysing and validating model changes, investigating complex actuarial issues and helping to deliver enhancements to the Internal Model. Working across multiple workstreams and stakeholder groups, you will use your actuarial expertise to support decision-making, influence outcomes and ensure the successful delivery of high-quality project results.
What are we looking for?
- Qualified Actuary with experience in actuarial modelling, reporting or capital management within a life insurance environment.
- Strong understanding of Solvency II/Internal Model methodology and the key drivers of balance sheet and capital results.
- Demonstrable experience analysing model outputs, investigating issues and solving complex actuarial problems.
- Experience supporting actuarial change projects, including test review, impact assessment and validation of model changes.
- Ability to work collaboratively across multiple teams, communicating technical findings clearly and influencing stakeholders to deliver project outcomes.
We want to hire the whole version of you. We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you. If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
Job Type: Fixed Term Contract 12 months
Location: Edinburgh/Birmingham/Hybrid Working
Flexible working: All roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.
Closing Date: 17th August 2026
Salary and benefits: £56,200 – £89,900 plus an indicative bonus range of 16-32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
Actuary employer: 107632 Capital Markets Operations
At 107632 Capital Markets Operations in Edinburgh, we pride ourselves on being an exceptional employer that values customer-centric leadership and innovation in the financial services sector. Our collaborative work culture fosters professional growth, offering extensive training and development opportunities, alongside a competitive salary and generous benefits package, including private medical cover and 38 days of annual leave. Join us to make a meaningful impact on customer experiences while enjoying a rewarding career in a vibrant city.
Contact Details:
107632 Capital Markets Operations Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Actuary
✨Join Financial Networking Events
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We think you need these skills to ace Actuary
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
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Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at 107632 Capital Markets Operations. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
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How to prepare for a job interview at 107632 Capital Markets Operations
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with 107632 Capital Markets Operations.
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Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
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For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure 107632 Capital Markets Operations that you’re a reliable team player.
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