At a Glance
- Tasks: Lead a team of actuaries to develop innovative bulk annuity solutions and manage client relationships.
- Company: Join Canada Life, a forward-thinking company committed to growth and inclusivity.
- Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and flexible working options.
- Other info: Embrace a diverse workplace that values your unique contributions and supports your career growth.
- Why this job: Make a real impact in the pensions industry while developing your leadership skills.
- Qualifications: Qualified actuary with strong DB pensions knowledge and excellent communication skills.
The predicted salary is between 60000 - 80000 £ per year.
Location
- Bristol, London or Watford office
- Job Purpose
There is an opportunity for a qualified actuary to join our growing Bulk Annuity Operations team at Canada Life.
This role offers the chance to play a meaningful part in the next phase of our growth by managing a team, developing a scalable bulk annuity proposition for the future, and supporting key client relationship management.
It provides an excellent opportunity to combine strong technical DB skills with team leadership and stakeholder management, and to have a real, visible impact on outcomes for both our customers and our business.
- Key Accountabilities
- Managing a team of actuaries and analysts to produce and review quotations.
- Automating calculations to enable members to self serve as they approach retirement.
- Reviewing legal agreements and contributing to contract negotiations with external stakeholders.
- Supporting business development and relationship management, meeting with clients where appropriate.
- Managing stakeholders and ensuring compliance with risk governance.
- Keeping abreast of industry issues and developments to ensure the business processes and strategies are in line with the industry.
- Providing appropriate support to managers and others to implement recommendations and facilitate change to support the requirements of the business.
- Desired Knowledge / Experience / Skills
- Strong knowledge of UK Defined Benefit pensions.
- Familiarity with the bulk annuity market and products.
- Experience of managing stakeholders.
- Strong communication skills (able to communicate technical issues to senior people including non actuaries).
- Understanding and ability to implement/maintain an actuarial control framework.
- Qualified actuary.
Benefits
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.
Diversity and Inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us.
We are proud of the progress we're making in DEI, and we continue for it to be a significant focus.
We appreciate that everyone has different work and life responsibilities.
We're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.
Member Options Team Lead in Bristol employer: Irish Life Group Services Limited
At Canada Life, we pride ourselves on being an exceptional employer, offering a competitive salary and comprehensive benefits package that includes a generous pension scheme, private medical insurance, and opportunities for personal and professional development. Our unique work culture fosters collaboration, curiosity, and inclusivity, ensuring that every employee feels valued and empowered to contribute to meaningful outcomes. Located in a supportive environment, we are committed to helping our colleagues build rewarding careers while embracing diversity and flexible working arrangements.
Contact Details:
Irish Life Group Services Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Member Options Team Lead in Bristol
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Irish Life Group Services Limited. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Member Options Team Lead in Bristol
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Irish Life Group Services Limited.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Irish Life Group Services Limited's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Irish Life Group Services Limited
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Irish Life Group Services Limited.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Irish Life Group Services Limited will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Irish Life Group Services Limited employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
