Actuarial Reporting Team Lead in London

Actuarial Reporting Team Lead in London

London Full-Time 60000 - 80000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead actuarial reporting and analysis for various frameworks, ensuring high-quality outputs.
  • Company: Join a leading life insurance company with a focus on innovation and teamwork.
  • Benefits: Competitive salary, generous pension, private medical insurance, and ongoing professional development.
  • Other info: Embrace a culture of continuous improvement and career growth opportunities.
  • Why this job: Make a real impact in actuarial reporting while leading a dynamic team.
  • Qualifications: Qualified Actuary with experience in actuarial reporting and strong leadership skills.

The predicted salary is between 60000 - 80000 £ 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

  • 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.
  • 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.
  • 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.
  • 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.
  • Champion efficiency and continuous improvement across actuarial reporting processes.
  • Work closely with reporting and production teams to streamline processes and eliminate duplication.
  • 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 Solvency II 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

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.

Actuarial Reporting Team Lead in London employer: Irish Life Group Services Limited

At Canada Life UK, we pride ourselves on being an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation. As an Actuarial Reporting Team Lead, you will benefit from a competitive salary, comprehensive rewards package, and ample opportunities for personal and professional growth, all while working in a supportive culture that values continuous improvement and high performance.
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Contact Detail:

Irish Life Group Services Limited 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 and let them know you're on the lookout for opportunities. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your technical knowledge, especially around IFRS 17 and Solvency II. We recommend practising common interview questions and scenarios related to actuarial reporting to show off your expertise.

✨Tip Number 3

Don’t forget to showcase your leadership skills! When you get the chance, share examples of how you've led teams or improved processes in your previous roles. This will help you stand out as a strong candidate for the Actuarial Reporting Team Lead position.

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows your enthusiasm for joining our team at StudySmarter, which is always a bonus!

We think you need these skills to ace Actuarial Reporting Team Lead in London

Actuarial Reporting
IFRS 17
Solvency II
Quantitative Reporting Templates (QRTs)
PRA Returns
CIFRS
LICAT
UK GAAP
Actuarial Valuation Techniques
Team Leadership
Communication Skills
Attention to Detail
Organisational Skills
Continuous Improvement Mindset
Technical Oversight

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your actuarial reporting experience, especially with IFRS 17 and Solvency II, to show us you’re the right fit for the Actuarial Reporting Team Lead role.

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your leadership experience can help us deliver high-quality outputs. Don’t forget to mention your continuous improvement mindset!

Showcase Your Communication Skills: Since you'll be explaining complex actuarial concepts to senior leadership, make sure your application demonstrates your strong communication skills. Use clear and concise language to convey your ideas effectively.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates during the process!

How to prepare for a job interview at Irish Life Group Services Limited

✨Know Your Actuarial Stuff

Make sure you brush up on IFRS 17 and Solvency II frameworks before the interview. Be ready to discuss how you've applied these in your 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 your team in the past. Highlight your coaching techniques and how you've fostered a collaborative environment.

✨Communicate Clearly

Practice explaining complex actuarial concepts in simple terms. You might need to present findings to senior leadership or non-actuaries, so being able to break down technical jargon is key. Think about how you can make your insights accessible.

✨Demonstrate Your Attention to Detail

Be ready to discuss how you ensure high-quality outputs and maintain robust documentation. Share examples of how you've implemented controls and processes to meet internal standards and external audit requirements.

Actuarial Reporting Team Lead in London
Irish Life Group Services Limited
Location: London

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