At a Glance
- Tasks: Lead actuarial reporting and analysis for group and regulatory requirements.
- Company: Join a leading life insurance company with a focus on innovation.
- Benefits: Competitive salary, generous pension, private medical insurance, and professional development.
- Other info: Opportunity for continuous improvement and career growth in a supportive environment.
- Why this job: Make a real impact in a hands-on leadership role within a dynamic team.
- Qualifications: Qualified Actuary with experience in actuarial reporting and strong communication skills.
The predicted salary is between 70000 - 90000 € per year.
The Actuarial Reporting Team Lead is responsible for leading the delivery of actuarial review and analysis for group, management, regulatory and statutory reporting. The role combines strong technical actuarial capability with team leadership, ensuring high quality outputs, effective controls, and clear explanations of results. The role is hands on and delivery focused, leading a team to deliver in a clear, timely and controlled manner.
What Will You Be Doing
- Actuarial Reporting & Delivery
- Lead the consolidation, review and delivery of actuarial results for IFRS 17, Solvency II and internal management reporting.
- Oversee timely and accurate quarterly reporting, working closely with the Head of Modelling & Production and escalating issues to senior management where needed.
- Manage the production and review of Solvency II Own Funds, Matching Adjustment PLAs and Quantitative Reporting Templates (QRTs).
- Deliver actuarial reporting across multiple frameworks including PRA returns, CIFRS, LICAT and UK GAAP.
- Analysis & Insight
- Analyse experience, assumption changes and key drivers of results, translating complex outcomes into clear, meaningful insights.
- Prepare high quality presentations and reports, including explaining IFRS 17 and Solvency II technical provisions to senior leadership in the UK and Canada.
- Controls, Governance & Audit
- Maintain robust documentation, controls and evidence to meet internal standards and external audit requirements.
- Lead responses to audit queries and internal reviews, resolving issues efficiently and professionally.
- Team Leadership & Development
- Provide day to day leadership, coaching and technical oversight to qualified actuaries and trainees.
- Set direction, review work and ensure actuarial and accounting principles are consistently applied.
- Manage performance, support development and foster a collaborative, high performing team culture.
- Process Improvement
- Champion efficiency and continuous improvement across actuarial reporting processes.
- Work closely with reporting and production teams to streamline processes and eliminate duplication.
- Technical Oversight
- Lead expense basis reviews and obtain Actuarial Oversight Function sign off.
- Review and sign off results across reporting bases to ensure appropriateness and consistency.
What Experience Will You Have
- Experience of working in an actuarial reporting team within a life insurance company.
- Good knowledge of IFRS 17 and SII frameworks.
- In depth knowledge and experience of actuarial valuation rules, requirements and techniques.
- Able to build relationships and gain trust and respect at all levels.
- Strong attention to detail and ability to review actuarial work to a high standard.
- Confidence using actuarial models, spreadsheets and reporting tools.
- Strong organisational skills and a proven track record at delivering reporting requirements under tight deadlines.
- Strong communication skills (able to communicate technical and complex issues both verbally and in writing to senior audiences including non-actuaries).
- Proven track record of leading a team.
- Demonstrates a continuous improvement mindset.
Qualifications
- Qualified Actuary FIA.
Benefits Of Working At Canada Life
- Competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with income protection, private medical insurance and life assurance.
- Additional benefits and support services, regular personal and professional development opportunities.
Actuarial Reporting Team Lead in London employer: Canada Life Assurance Europe plc
At Canada Life, we pride ourselves on being an exceptional employer, offering a competitive salary and a comprehensive rewards package that includes a generous pension scheme, private medical insurance, and opportunities for personal and professional development. Our London-based team thrives in a collaborative and high-performing culture, where leadership and continuous improvement are at the forefront, ensuring that our employees not only excel in their roles but also grow within the company.
Contact Detail:
Canada Life Assurance Europe plc Recruiting Team
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Reporting Team Lead in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, attend industry events, and join relevant online forums. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and soft skills. Practice explaining complex actuarial concepts in simple terms, as you'll need to communicate effectively with both technical and non-technical audiences.
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss your experience in managing teams and driving process improvements. Highlight specific examples where you've led projects or initiatives that resulted in better outcomes.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Actuarial Reporting Team Lead in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the Actuarial Reporting Team Lead role. Highlight your experience with IFRS 17 and Solvency II, and don’t forget to showcase your leadership skills!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Share examples of how you've led teams and delivered high-quality actuarial results in the past.
Showcase Your Communication Skills:Since this role involves explaining complex actuarial concepts to senior leadership, make sure your application demonstrates your ability to communicate clearly and effectively. Use straightforward language and avoid jargon where possible.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Canada Life Assurance Europe plc
✨Know Your Actuarial Stuff
Make sure you brush up on your knowledge of IFRS 17 and Solvency II frameworks. Be ready to discuss how you've applied these in previous roles, as well as any challenges you've faced and how you overcame them.
✨Showcase Your Leadership Skills
Since this role involves leading a team, be prepared to share specific examples of how you've successfully managed and developed teams in the past. Highlight your coaching style and how you foster a collaborative environment.
✨Prepare for Technical Questions
Expect to dive deep into technical actuarial concepts during the interview. Practice explaining complex topics in simple terms, as you'll need to communicate effectively with both actuaries and non-actuaries alike.
✨Demonstrate Your Continuous Improvement Mindset
Be ready to discuss any process improvements you've implemented in previous roles. Share examples of how you've streamlined reporting processes or enhanced efficiency, showing that you're proactive about making things better.
