At a Glance
- Tasks: Lead a team of actuaries, manage client relationships, and develop innovative bulk annuity solutions.
- Company: Join Canada Life, a leader in the financial services industry with a focus on growth.
- Benefits: Enjoy a competitive salary, generous pension, flexible working, and professional development opportunities.
- Other info: Be part of a supportive environment that values innovation and career progression.
- Why this job: Make a real impact in the evolving bulk annuity market while leading a dynamic team.
- Qualifications: Qualified actuary with strong DB pensions knowledge and excellent communication skills.
The predicted salary is between 60000 - 80000 £ per year.
Bristol, London or Watford office.
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 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 meetings with clients where appropriate.
- Managing stakeholders and ensuring compliance with risk governance.
- Keeping abreast of industry issues and developments to ensure business processes and strategies are in line with the industry.
- Providing appropriate support to managers and others to implement recommendations or facilitate change to support the requirements of the business.
Desired Knowledge / Experience / Skills
- Strong knowledge of UK Defined Benefit pensions.
- Familiarity with bulk annuity market and products.
- Experience 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 offer a competitive salary and comprehensive reward package including a generous pension and bonus scheme, income protection, private medical insurance and life assurance. Additional benefits include flexible working arrangements, regular training and professional development opportunities.
Senior Actuary (BPA Operations) employer: Irish Life Group Services Limited
At Canada Life, we pride ourselves on being an exceptional employer, offering a dynamic work environment in our Bristol, London, or Watford offices. Our culture fosters collaboration and innovation, providing employees with ample opportunities for professional growth and development, while our comprehensive benefits package ensures a rewarding work-life balance. Join us to make a meaningful impact in the Bulk Annuity Operations team, where your expertise will be valued and your contributions will shape the future of our business.
Contact Details:
Irish Life Group Services Limited Recruitment Team
