At a Glance
- Tasks: Lead the development of Defined Benefit pensions systems and manage a technical team.
- Company: Join a multi-award winning Pension Risk Transfer business with a focus on innovation.
- Benefits: Enjoy competitive salary, performance bonuses, generous holiday, and healthcare plans.
- Other info: Flexible working options and a commitment to sustainability in modern offices.
- Why this job: Shape the future of pensions administration while making a real impact.
- Qualifications: Strong experience in Defined Benefit pensions and leadership skills required.
The predicted salary is between 45000 - 55000 £ per year.
We are looking for a Senior Systems Actuary to help shape the future of our Defined Benefit (DB) pensions administration systems. This is a senior technical and people leadership role within our multi-award winning Pension Risk Transfer (PRT) business, with an immediate focus on leading development and change in our internal administration platforms. You will bring together deep pensions knowledge, systems thinking and practical leadership.
What matters most for this role is your understanding of DB administration calculations, your experience turning complex requirements into controlled system change, and your ability to lead people and priorities with confidence.
What you'll be doing:
- Leading the systems change strategy for Defined Benefit onboarding, payroll and claims calculations in our internal administration platforms
- Turning complex scheme rules into clear specifications and requirements
- Overseeing development of test approaches, regression packs, release validation, governance and sign-off
- Improving processes to increase efficiency, consistency and controls
- Leading and developing a small technical team and setting clear priorities
- Working with business teams and technology partners to understand customer and operational impacts
- Sharing actuarial, calculation, administration and data expertise across PRT
- Taking the lead in all matters with regard to the management of employees
What we're looking for:
- Strong experience in Defined Benefit pensions, with clear exposure to administration calculations
- Qualified or Part Qualified Actuary preferred, with demonstrable experience/knowledge of Defined Benefit Pensions being essential
- Experience of actuarial systems, calculation engines or pension administration process development
- Confidence producing or reviewing technical specifications, test plans and controlled system changes
- Experience working in Agile delivery teams and using tools such as JIRA, Confluence, or similar
- Strong analytical judgement and a practical approach to complex problem solving
- Evidence of influencing stakeholders across technical and non-technical teams
- Leadership capability and a genuine interest in developing people
- Ability to work autonomously while keeping others informed and aligned
- Programming experience is valued but not essential
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 (permanent employees only)
- At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. 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 (permanent employees only)
- 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
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 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.
Defined Benefit - Senior Systems Actuary in London employer: LegalAndGeneral
Legal & General is an excellent employer that prioritises employee well-being and professional growth, offering competitive benefits such as generous pension contributions and flexible working options. Our collaborative work culture fosters innovation and allows you to make a meaningful impact in the field of asset liability management, all while being part of a forward-thinking team in a dynamic industry.
StudySmarter Expert Advice🤫
We think this is how you could land Defined Benefit - Senior Systems Actuary in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
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✨Look Out for Graduate Schemes
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✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like LegalAndGeneral. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Defined Benefit - Senior Systems Actuary in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at LegalAndGeneral.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at LegalAndGeneral. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at LegalAndGeneral
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at LegalAndGeneral to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at LegalAndGeneral, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding LegalAndGeneral's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
