Valuation Actuary in Bournemouth

We have a fantastic opportunity for a highly organised individual to join us as a Valuation Actuary within our established Finance department. Within this unique and imperative role, you will act as a subject matter expert, particularly around Protection and With-Profits valuation, to provide support and technical expertise. You’ll efficiently communicate complex information to a range of stakeholders in a clear manner, while contributing to the team’s delivery of services within agreed timeframes and quality standards. The role is offered on a fixed-term basis of nine months and is based at our Bournemouth office (flexible hybrid working model is available, so we are happy to consider candidates who do not live locally, however you must be able to attend the Bournemouth office periodically).

Key Responsibilities

• Delivering key work, documentation and reports in a timely and accurate manner.
• Communicating complex information clearly, via written presentations, reports and papers, to various stakeholders and senior decision makers where required.
• Promoting robust risk management practices and ensuring all applicable company policies are followed.
• Demonstrating commercial acumen and understanding while deploying strong risk management skills and suggesting improvements where necessary.
• Monitoring regulatory and market developments and assessing potential impacts on the business.
• Maintaining awareness of current commercial, technical and regulatory developments.
• Providing guidance and coaching to Actuarial Analysts, Senior Actuarial Analysts and junior colleagues where required.
• Identifying, contributing to and implementing continuous improvement initiatives within the team, across Finance (and business wide, where appropriate).
• Building and maintaining excellent working relationships within your department and the wider business.
• Assisting in resolving complex issues where required.
• Contributing to key projects and providing your insight and knowledge.

About You

• Have obtained relevant professional qualifications such as becoming a Fellow of the Institute and Faculty of Actuaries.
• Have recent experience of working in an actuarial valuation team, ideally with With-Profits and Protection Valuation experience (we are happy to consider candidates who are close to completing exams or have relevant experience).
• Have a strong technical background, with direct experience in the UK financial services market and economic environment (gained while studying or when qualified as a Fellow).
• Understand limitations to process and know when to escalate issues that require further support to resolve.
• Be an expert within an area of specialism that enables you to work independently with minimal guidance.
• Demonstrate strong analytical skills, including experience with tools such as Excel, R, Python, and Power BI – knowledge of Prophet or similar will be key.
• Possess strong IT skills, including Microsoft Office packages (Outlook, Word and PowerPoint).
• Be an excellent communicator (written and verbal), with the ability to clearly communicate important information to stakeholders, senior management and internal committees.
• Be self-motivated, with the ability to effectively manage conflicting priorities.
• Work collaboratively and cooperatively with colleagues, providing guidance and support where required.

Rewards and Benefits

This role is a Band C in the LV= Structure. At LV= Savings and Retirement, you’ll go above and beyond to do the right thing for our customers. We’ll reward your hard work with an attractive, competitive salary and benefits package, which includes:

• 30 days' holiday, with the option to buy up to 2 additional days
• Competitive pension scheme - LV= Life and Pensions will double-match the amount you pay, up to 14% (subject to National Minimum Wage requirements)
• An annual bonus scheme based on personal performance
• Single-cover private medical insurance (with the option for you to upgrade to family cover)
• Flexible benefits, including a cycle to work scheme, personal accident insurance, critical illness cover and dental insurance
• Up to 20% discount on our life products for you and your immediate family
• A group life assurance policy with 4 x your basic pay to go to your dependents (you’ll have the option to increase to 8 x cover)
• Group Income Protection (if you become a member of the Pension scheme and reach 5 years of service)
• Access to our Employee Assistance Programme (EAP) for support when you need it
• A virtual GP service
• Shared parental leave.

Please note all salary sacrifice benefits are subject to National Minimum Wage requirements i.e. you are unable to select any benefits that would reduce your base pay below the minimum wage threshold. Please note that we are unable to offer Skilled Worker Visa Sponsorship for this role. Therefore, you must ensure that you are eligible to work in the UK without our sponsorship for your application to be considered.

We’re proud of our inclusive culture at LV= and, as an equal-opportunity employer, we continually work to remove unconscious bias from our recruitment process. We value our colleagues for what they bring to our team regardless of any protected status or characteristics they may have. Talk to us about flexible working as part of your application; if it’s right for you, our members and customers, and our business, then we’ll do everything we can to make it happen.