At a Glance
- Tasks: Support pricing and execution of bulk annuity transactions with data manipulation and modelling.
- Company: Join Canada Life, a leader in financial services with a collaborative culture.
- Benefits: Competitive salary, generous pension, private medical insurance, and flexible working options.
- Other info: Great opportunities for personal and professional development in a supportive environment.
- Why this job: Make a real impact in the financial sector while developing your analytical skills.
- Qualifications: Strong numerical and analytical skills, with a working knowledge of MS Excel.
The predicted salary is between 30000 - 40000 £ per year.
Locations: Bristol, London, or Watford office.
Job Purpose: This role is in the BPA New Business Pricing team, where you will work with other team members to support the pricing and execution of bulk annuity transactions. The role requires strong data manipulation, numerical and analytical skills and is well suited to an individual with an eye for detail and a commitment to delivering timely and accurate work.
Key Accountabilities:
- Support the pricing and execution of bulk annuity transactions.
- Accurate and complete data manipulation and subsequent modelling of scheme benefits.
- Actively identify areas of opportunity to improve pricing tools and process efficiency.
- Work collaboratively and effectively with wider BPA teams, such as BPA reinsurance, Data Verification and Member Options.
- Understand technical actuarial techniques, with a foundational awareness of business and commercial impacts of pricing decisions.
General Responsibilities:
- Development and maintenance of bulk annuity pricing methodologies and models in accordance with Technical Actuarial Standards (where relevant) and End User Computing requirements.
- Contribute to a collaborative and inclusive team culture.
- Understanding of risk management, in relation to risks relevant to this role.
- Follow appropriate risk management procedures to control, monitor and report on business activities, and elevate key risks or issues appropriately.
- Understanding of actuarial control frameworks.
- Meet governance requirements.
- Compliance with Company policies and regulatory, professional and legal requirements.
Desired Knowledge and Experience:
- Numerical, analytical, problem-solving and data manipulation skills, with attention to detail.
- Working knowledge of MS Excel.
- Ability to understand and interpret data, make conclusions and communicate recommendations effectively.
- Strong, clear and timely oral and written communication.
- Project management skills, working effectively both independently and as part of a team.
- A demonstrable interest in Bulk Purchase Annuities.
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. We have a fantastic number of other benefits and support services as well as regular personal and professional development. We are happy to discuss flexible working arrangements, including part-time, for any of our roles.
BPA Actuarial Analyst in Bristol employer: Irish Life Group Services Limited
At Canada Life, we pride ourselves on being an excellent employer, offering a competitive salary and a comprehensive benefits package that includes a generous pension scheme, private medical insurance, and opportunities for personal and professional development. Our inclusive work culture fosters collaboration and innovation, particularly within our BPA New Business Pricing team, where you can thrive in a supportive environment while contributing to meaningful projects in Bristol, London, or Watford.
Contact Details:
Irish Life Group Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land BPA Actuarial Analyst in Bristol
✨Tip Number 1
Network like a pro! Reach out to current employees at Canada Life on LinkedIn or through mutual connections. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your numerical and analytical skills. Be ready to discuss how you've used data manipulation in past roles, as this will show you're a perfect fit for the BPA Actuarial Analyst position.
✨Tip Number 3
Show off your problem-solving skills! Think of examples where you've identified areas for improvement in processes or tools. This will demonstrate your proactive approach and commitment to efficiency.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about joining the team at Canada Life.
We think you need these skills to ace BPA Actuarial Analyst in Bristol
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the BPA Actuarial Analyst role. Highlight your numerical, analytical, and data manipulation skills, as these are key for us in this position.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about bulk purchase annuities and how your background makes you a great fit for our team. Keep it concise but impactful!
Showcase Your Team Spirit:We love collaboration at StudySmarter! In your application, mention any experiences where you've worked effectively in a team. This will show us that you can thrive in our inclusive culture.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the BPA Actuarial Analyst role. We can’t wait to see what you bring to the table!
How to prepare for a job interview at Irish Life Group Services Limited
✨Know Your Numbers
As a BPA Actuarial Analyst, you'll need to showcase your numerical and analytical skills. Brush up on your data manipulation techniques and be ready to discuss how you've used these skills in past roles. Prepare examples that highlight your attention to detail and accuracy in handling data.
✨Understand the Business
Familiarise yourself with bulk annuities and the pricing process. Research Canada Life and their approach to bulk purchase annuities. Being able to discuss the commercial impacts of pricing decisions will show that you understand the bigger picture and are genuinely interested in the role.
✨Collaborate and Communicate
This role requires effective teamwork, so be prepared to talk about your experience working collaboratively. Think of examples where you've successfully communicated complex information to non-technical stakeholders. Highlight your project management skills and how you can contribute to a positive team culture.
✨Showcase Your Problem-Solving Skills
Be ready to discuss specific challenges you've faced in previous roles and how you approached solving them. This could involve improving pricing tools or enhancing process efficiency. Demonstrating your proactive mindset and ability to identify areas for improvement will set you apart from other candidates.
