At a Glance
- Tasks: Support pricing and execution of bulk annuity transactions while collaborating with diverse teams.
- Company: Join Canada Life, a company that values integrity and community impact.
- Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and flexible working options.
- Other info: Embrace a culture of curiosity, collaboration, and continuous personal and professional development.
- Why this job: Make a real difference in the financial future of individuals through innovative actuarial solutions.
- Qualifications: Strong analytical skills, experience with complex data, and knowledge of defined benefit pensions.
The predicted salary is between 50000 - 60000 £ per year.
Location: Can be located in Bristol, Watford or London 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 an understanding of defined benefit pensions to accurately manipulate, interpret and check data, model liability cashflows, and understand business metrics relating to profit and capital.
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.
- Adapt working techniques to cater to different individuals and teams to achieve desired outcomes.
- Understand and apply technical actuarial techniques, with an 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 and ability to implement and maintain an actuarial control framework and meet governance requirements.
- Compliance with Company policies and regulatory, professional and legal requirements.
Desired Knowledge, Experience and Skills:
- Demonstrable numerical, analytical, problem-solving and data manipulation skills, with attention to detail and an ability to identify issues and interdependencies.
- Advanced working knowledge of MS Excel.
- Experience of Prophet is advantageous.
- Experience of working with complex data, with a demonstrable ability to make conclusions and communicate recommendations effectively.
- Strong, clear and timely oral and written communication to internal and external stakeholders.
- Excellent project management skills, working effectively both independently and as part of a team.
- A demonstrable interest in Bulk Purchase Annuities, with knowledge of defined benefit pension schemes and bulk annuity transactions.
Benefits Of Working At Canada Life: We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that is regularly reviewed. As a Canada Life UK colleague you will 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 also provide a range of other benefits and support services as well as regular personal and professional development.
How We Work At Canada Life: Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face challenges together and find a way forward. We invest in the development of our people, technology and workplaces, offering a range of training, flexible working and opportunities for growth and career 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 are making in DEI and continue to treat it as a significant focus. We appreciate that everyone has different work and life responsibilities and are happy to discuss flexible working arrangements, including part-time, for any of our roles should this be a requirement for you.
BPA Senior Actuarial Analyst - Canada Life Limited in Potters Bar employer: Jobs via eFinancialCareers
At Canada Life Limited, 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 inclusive work culture fosters collaboration and innovation, encouraging employees to be curious and take ownership of their work while providing flexible working arrangements to accommodate diverse needs. With offices in Bristol, Watford, and London, we are committed to building better futures for our people, customers, and communities.
Contact Details:
Jobs via eFinancialCareers Recruitment Team
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We think this is how you could land BPA Senior Actuarial Analyst - Canada Life Limited in Potters Bar
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We think you need these skills to ace BPA Senior Actuarial Analyst - Canada Life Limited in Potters Bar
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