At a Glance
- Tasks: Lead actuarial support and improve systems for pension risk transfer.
- Company: Join Legal & General, a top UK financial services group with a rich history since 1836.
- Benefits: Enjoy hybrid working, competitive salary, generous holidays, and an electric car scheme.
- Other info: Flexible working options available; we value outcomes over attendance.
- Why this job: Make a real impact on customers' financial security while working in a collaborative environment.
- Qualifications: Qualified Actuary with strong DB pensions knowledge and programming skills preferred.
The predicted salary is between 43200 - 72000 € per year.
Defined Benefit - Actuarial Technical Services Manager
Defined Benefit - Actuarial Technical Services Manager
2 weeks ago Be among the first 25 applicants
Legal & General (L&G) is a leading UK financial services group and major global investor.
We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.
We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.
L&G Institutional Retirement looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.
Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes and their advisors to help them secure and protect scheme members’ retirement benefits.
Joining us means you’ll support customers’ financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises.
Legal & General (L&G) is a leading UK financial services group and major global investor.
We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.
We are one of the world’s largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income.
L&G Institutional Retirement looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.
Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes and their advisors to help them secure and protect scheme members’ retirement benefits.
Joining us means you’ll support customers’ financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises.
We’re recruiting for a Technical Services Manager to join our multi-award winning Pension Risk Transfer business. We’re offering acompetitive base salary, 12% car allowance and a great benefits package as well as the opportunity to provide pivotal actuarial input and support to various systems and processes used within our PRT business.
As a Technical Services Manager you will be responsible for ensuring the accuracy and efficiency of our systems and work on continually improving these on an iterative basis, so that we can continue to provide our customers with great outcomes and retain our position as a market leader in this sector.
If you have a passion for technical excellence and a collaborative approach, we would love to hear from you.
This role is based from our central Glasgow Office on a hybrid working arrangement. So you can split your week between your home and the office to find a work life balance that suits you.
What you\'ll be doing:
- Providing actuarial and technical support to manage calculation changes to the DB onboarding systems and claims calculators
- Leading the planning, design, and delivery of actuarial and calculation changes for these systems
- Mapping existing processes for improvement and presenting alternatives
- Writing technical actuarial specifications for new systems
- Maintaining and developing test/regression packs for system releases and improvements
- Providing PRT scheme, actuarial, calculation, and data expertise to various teams
- Analysing feedback to ensure customer expectations of performance and service are met
- Training and supporting the wider PRT teams to aid with their development
Who we\'re looking for:
- Qualified Actuary with a good understanding of DB Pensions
- Strong experience in technical system development
- Programming experience preferred (VB, JAVA, C#)
- In-depth understanding of defined benefit pension schemes
- Excellent problem-solving, analytical, and financial skills
- Proven ability to build effective relationships in complex environments
- Strong communication skills with the ability to filter technical information a non-technical audience and vice versa
- Excellent interpersonal skills with the ability to engage and influence a broad range of individuals
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual, performance -related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan
- 27 days holiday, plus public holidays. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are the many discounts we offer – both for our own products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
At L&G, we believe it\'s possible to generate positive returns today while helping to build a better future for all.
If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can.
It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
Seniority level
Seniority level
Not Applicable
Employment type
Employment type
Full-time
Job function
Job function
Finance
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#J-18808-LjbffrDefined Benefit - Actuarial Technical Services Manager in Glasgow employer: Legal & General
Legal & General (L&G) is an exceptional employer, offering a dynamic work environment in the heart of Glasgow, where you can thrive as a Defined Benefit - Actuarial Technical Services Manager. With a strong focus on employee wellbeing, L&G provides a competitive benefits package, including generous holiday allowances, healthcare plans, and opportunities for career development within a collaborative and inclusive culture. Join us to make a meaningful impact on customers' financial futures while enjoying the flexibility of hybrid working arrangements.
StudySmarter Expert Advice🤫
We think this is how you could land Defined Benefit - Actuarial Technical Services Manager in Glasgow
✨Tip Number 1
Familiarise yourself with the latest trends in defined benefit pension schemes and actuarial practices. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the actuarial and pensions industry, especially those who work at Legal & General or similar companies. Attend relevant conferences or webinars to make connections and gain insights that could give you an edge in your application.
✨Tip Number 3
Prepare to discuss specific examples of how you've improved systems or processes in previous roles. Highlighting your problem-solving skills and technical expertise will resonate well with the hiring team, as they value innovation and efficiency.
✨Tip Number 4
Showcase your programming skills, particularly in languages like VB, JAVA, or C#. Being able to articulate your experience with technical system development will set you apart from other candidates and align with the job requirements.
We think you need these skills to ace Defined Benefit - Actuarial Technical Services Manager in Glasgow
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights your qualifications as an actuary and your experience with defined benefit pension schemes. Use specific examples that demonstrate your technical skills and problem-solving abilities relevant to the role.
Craft a Compelling Cover Letter:In your cover letter, express your passion for actuarial work and how it aligns with Legal & General's mission. Mention your collaborative approach and any relevant programming experience, as these are key aspects of the role.
Highlight Relevant Experience:When detailing your work history, focus on roles where you provided actuarial support or worked on system improvements. Be specific about your contributions and the outcomes achieved, especially in relation to pension risk transfer.
Showcase Communication Skills:Since the role requires filtering technical information for non-technical audiences, include examples in your application that demonstrate your ability to communicate complex ideas clearly and effectively.
How to prepare for a job interview at Legal & General
✨Understand the Role Thoroughly
Before your interview, make sure you have a solid grasp of what the Technical Services Manager role entails. Familiarise yourself with the responsibilities, especially around actuarial support and system improvements, as well as the specific skills required like programming and problem-solving.
✨Showcase Your Technical Skills
Be prepared to discuss your technical expertise in detail. Highlight your experience with programming languages such as VB, JAVA, or C#. Bring examples of how you've applied these skills in previous roles, particularly in relation to defined benefit pension schemes.
✨Prepare for Scenario-Based Questions
Expect questions that assess your problem-solving abilities and how you handle complex situations. Think of specific instances where you've successfully navigated challenges in actuarial processes or system developments, and be ready to explain your thought process.
✨Demonstrate Your Communication Skills
Since the role involves liaising with various teams, it's crucial to show that you can communicate complex technical information clearly. Practice explaining technical concepts in simple terms, as well as discussing how you've trained or supported colleagues in the past.
