At a Glance
- Tasks: Lead actuarial reporting and analysis for group, management, regulatory, and statutory reporting.
- Company: Join Canada Life Limited, a leader in the insurance industry with a focus on innovation.
- Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and flexible working options.
- Other info: Opportunities for personal and professional development in a supportive environment.
- Why this job: Make a real impact by leading a team and delivering high-quality actuarial insights.
- Qualifications: Qualified Actuary (FIA) with experience in actuarial reporting and strong leadership skills.
The predicted salary is between 70000 - 90000 € per year.
Location: London
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
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 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.
Actuarial Reporting Team Lead - Canada Life Limited employer: Jobs via eFinancialCareers
Canada Life Limited is an exceptional employer that prioritises the well-being and development of its employees. Located in London, we offer a competitive salary and comprehensive benefits package, including a generous pension scheme and private medical insurance, alongside a supportive work culture that encourages flexibility and continuous professional growth. As an Actuarial Reporting Team Lead, you will thrive in a collaborative environment where your leadership skills are valued, and your contributions to meaningful actuarial insights are recognised.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Reporting Team Lead - Canada Life Limited
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those at Canada Life. A friendly chat can sometimes lead to opportunities that aren’t even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on IFRS 17 and Solvency II. We want you to be able to explain complex concepts clearly, so practice articulating your thoughts in a way that’s easy to understand.
✨Tip Number 3
Show off your leadership skills! Be ready to discuss how you've led teams in the past and how you can foster a collaborative culture. We love candidates who can inspire and develop others.
✨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 Actuarial Reporting Team Lead - Canada Life Limited
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with IFRS 17 and Solvency II. We want to see how your skills align with the role, so don’t hold back on showcasing your actuarial expertise!
Showcase Your Leadership Skills:As a Team Lead, it’s crucial to demonstrate your leadership experience. Share examples of how you've coached and developed teams in the past. We love seeing candidates who can inspire and drive a high-performing culture!
Be Clear and Concise:When writing your application, clarity is key! Use straightforward language to explain complex actuarial concepts. Remember, we’re looking for someone who can communicate effectively with both technical and non-technical audiences.
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’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Jobs via eFinancialCareers
✨Know Your Actuarial Stuff
Make sure you brush up on IFRS 17 and Solvency II frameworks before the interview. Be ready to discuss how these regulations impact actuarial reporting and be prepared to explain complex concepts in simple terms, as you'll need to communicate effectively with both technical and non-technical audiences.
✨Showcase Your Leadership Skills
As a Team Lead, your ability to lead and develop a team is crucial. Prepare examples of how you've successfully managed teams in the past, focusing on coaching, performance management, and fostering a collaborative culture. Highlight any specific achievements that demonstrate your leadership style.
✨Prepare for Technical Questions
Expect to face questions about actuarial valuation rules and techniques. Review your past work and be ready to discuss how you've applied these principles in real scenarios. This will show your depth of knowledge and confidence in using actuarial models and reporting tools.
✨Demonstrate Your Problem-Solving Mindset
Canada Life values continuous improvement, so come prepared with examples of how you've identified inefficiencies in processes and implemented solutions. Discuss any experience you have with streamlining reporting processes or improving controls, as this will resonate well with the interviewers.
