At a Glance
- Tasks: Lead actuarial reporting and deliver financial insights to enhance business performance.
- Company: Join Legal & General, a leading UK financial services group with a commitment to societal improvement.
- Benefits: Enjoy competitive salary, generous holiday, performance bonuses, and flexible working options.
- Other info: Collaborative culture focused on continuous improvement and career development.
- Why this job: Make a real impact in finance while working in a supportive and inclusive environment.
- Qualifications: Nearly or fully qualified actuary with experience in life insurance and financial reporting.
The predicted salary is between 60000 - 75000 € per year.
Company Description
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. Our Group Functions provide the services that all areas of the business need. This requires a talented and diverse team behind the scenes, who enable everyone at L&G to do what they do best. Joining us means helping to improve the lives of our customers and contributing to the success of the business every day.
Job Description
We have an exciting Actuarial Manager opportunity available within our Finance Central Services team on a Fixed Term Contract basis. In this role you will sit at the heart of our actuarial reporting function and support annuity reporting by focusing on L&G Re legal entities. The role requires production of financial reporting to support sign off of quarterly reporting results by the Bermuda CFO. In this role you will play a key part in delivering high-quality financial insights to support business performance and drive continuous improvements. You’ll work closely with a wide range of stakeholders, translating complex actuarial outputs into clear and meaningful information whilst ensuring robust governance and regulatory compliance.
This is a hybrid working opportunity that will allow you to work flexibly between your home and our Hove Offices, so that you can find a work-life balance that works for you.
What you’ll be doing:
- Taking accountability for the production of financial results across all financial measures for any Actuarial work passed to Group Financial Operations by L&G Re
- Disseminating financial information in an effective and informative manner, ensuring its presentation and analysis meet the wide background and experience of the customer base
- Leading the relationship with the divisional Business Partner to ensure needs and compliance/internal governance frameworks are met, whilst considering the prioritisation of other tasks
- Working in partnership with the divisional Business Partner to maximise the financial performance of the business unit
- Keeping abreast of all regulations pertinent to the territories in which the Business Partner reports its financial results
- Responding effectively to any one-off requests in a timely manner
- Identifying, developing and implementing innovative financial engineering solutions (where appropriate) that meet both the regulatory and commercial needs of the business
- Engaging with the other L&G business areas to centralise reporting functions
Who we’re looking for:
- Nearly or fully qualified actuary with post-qualification experience within a life insurance environment
- Strong knowledge of IFRS and Solvency II reporting frameworks, as well as Bermudian equivalents
- Proven experience in financial reporting and delivery of high-quality outputs
- Ability to communicate complex actuarial concepts clearly and effectively
- Strong stakeholder management and influencing skills
- Analytical mindset with sound judgement and attention to detail
- Experience of driving process improvements and change initiatives
- Collaborative approach with a focus on continuous improvement and delivery excellence
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
- 27 days holiday per annum, plus public holidays. There’s also the option to buy and sell holiday
- Competitive family leave
- There are many discounts we offer – both for our own products and at a range of high street stores and online
- We’re creating net-zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in-person experience
Additional Information
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.
Actuarial Manager - Finance Central Services - 9 Month FTC employer: LegalAndGeneral
Legal & General (L&G) is an exceptional employer that prioritises employee wellbeing and career development, offering a hybrid working model from our Hove offices. With a strong focus on inclusivity and collaboration, we provide generous benefits including performance-related bonuses, a robust pension scheme, and ample holiday, all while fostering a culture that values innovation and continuous improvement. Joining L&G means being part of a team dedicated to making a positive impact on society and your professional growth.
StudySmarter Expert Advice🤫
We think this is how you could land Actuarial Manager - Finance Central Services - 9 Month FTC
✨Tip Number 1
Network like a pro! Reach out to current or former employees at L&G on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by practising common actuarial questions. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. This will help you showcase your experience effectively!
✨Tip Number 3
Show off your analytical skills during the interview! Be ready to discuss how you've tackled complex problems in the past, especially in financial reporting. This is your chance to shine and demonstrate your expertise.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and shows your enthusiasm for the role. Plus, it keeps you on their radar as they make their decision.
We think you need these skills to ace Actuarial Manager - Finance Central Services - 9 Month FTC
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Actuarial Manager role. Highlight your experience in financial reporting and your knowledge of IFRS and Solvency II frameworks. We want to see how your skills align with what we’re looking for!
Showcase Your Stakeholder Skills:In your application, emphasise your ability to manage relationships and communicate complex actuarial concepts clearly. We value strong stakeholder management, so share examples of how you've influenced decisions or improved processes in previous roles.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. Use clear language to convey your achievements and experiences. We appreciate clarity, especially when it comes to complex topics like actuarial work!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at LegalAndGeneral
✨Know Your Numbers
As an Actuarial Manager, you'll need to be comfortable with financial reporting and regulatory frameworks like IFRS and Solvency II. Brush up on these topics before your interview, and be ready to discuss how you've applied this knowledge in previous roles.
✨Communicate Clearly
You'll be translating complex actuarial concepts into clear insights for stakeholders. Practice explaining some of your past projects or reports in simple terms, so you can demonstrate your ability to communicate effectively during the interview.
✨Showcase Your Stakeholder Skills
This role involves working closely with various stakeholders. Prepare examples of how you've successfully managed relationships and influenced decisions in your previous positions. Highlight your collaborative approach and focus on continuous improvement.
✨Be Ready for Problem-Solving
Expect questions about how you've identified and implemented innovative solutions in your past work. Think of specific instances where you've driven process improvements or tackled challenges, and be prepared to share these stories to showcase your analytical mindset.
