Senior Actuary (ALM Reporting team)

Senior Actuary (ALM Reporting team)

Full-Time 48000 - 72000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Provide financial analysis and support, manage risk exposure, and mentor junior actuaries.
  • Company: Join Canada Life UK, a diverse and inclusive employer committed to building better futures.
  • Benefits: Enjoy a competitive salary, generous pension, private medical insurance, and ongoing professional development.
  • Why this job: Make a real impact in a modern, agile organisation focused on customer needs and innovation.
  • Qualifications: Fellow of Institute of Actuaries or equivalent, with strong analytical and communication skills.
  • Other info: Flexible working arrangements available to support your work-life balance.

The predicted salary is between 48000 - 72000 ÂŁ per year.

This job is with Canada Life UK, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Location London.

Job Purpose: Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer‑focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third‑party customers.

Key Accountabilities:

  • Provide accurate financial analysis, advice and support to a specific area of the business, making recommendations with support from more senior colleagues.
  • Analyse risk factors to demonstrate understanding and management of risk exposure to the organisation, supporting appropriate action to manage and, where appropriate, mitigate risk exposure.
  • Operate cross‑functionally across the business on BAU and project activities, demonstrating your ability to collaborate and influence senior stakeholders in the function.
  • Produce regular reports and reviews, providing insight and commentary for senior managers to ensure compliance with legislation and internal control requirements.
  • Support the analysis for regular reports considering up‑to‑date industry developments and issues to inform decision making by senior managers across the business.
  • Support the continuous review and improvement of department processes and procedures, implementing recommendations and taking ownership for their implementation.
  • Make considered and commercially astute recommendations about the pricing, valuation and/or design of new and existing products, ensuring compliance with corporate and regulatory standards.
  • Review work performed by actuarial colleagues, providing feedback and mentoring as part of their development.
  • Mentor and coach part‑qualified actuaries and other actuarial support colleagues, role‑modeling our values at all times.

Desired Knowledge / Experience / Skills:

  • Technical Expertise: Developing expertise in 1 or more areas within the function, demonstrating sound understanding of complex statistical methods and models.
  • Communication: Excellent analytical and report writing/drafting skills, with proven communication, influencing and negotiation skills.
  • Relationship Building: Ability to develop and maintain strong relationships across the actuarial function, acting with integrity and role‑modeling the company values.
  • Planning And Use Of Initiative: Willing and capable of taking decisions independently, effectively planning, organising and executing work with minimal supervision.
  • Developing Self: An interested and inquisitive individual committed to ongoing professional and personal development.

Benefits Of Working At Canada Life: We offer a competitive salary and benefits package that’s regularly reviewed, including a generous pension and bonus scheme, income protection, private medical insurance and life assurance.

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.

Diversity and Inclusion: Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential is a key commitment for us.

Senior Actuary (ALM Reporting team) employer: myGwork - LGBTQ+ Business Community

Canada Life UK is an exceptional employer that prioritises inclusivity and employee development, making it a fantastic place for actuaries to thrive. Located in London, we offer a competitive salary and comprehensive benefits package, including generous pension schemes and private medical insurance, alongside a culture that encourages curiosity, collaboration, and personal growth. Our commitment to diversity and flexible working arrangements ensures that all employees can achieve their potential while contributing to building better futures for our customers and communities.
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Contact Detail:

myGwork - LGBTQ+ Business Community Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Actuary (ALM Reporting team)

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Canada Life UK 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 researching the company culture and values. Canada Life UK is all about inclusivity and collaboration, so think of examples from your past that showcase these traits.

✨Tip Number 3

Practice your communication skills! You’ll need to explain complex actuarial concepts clearly. Try explaining them to a friend or family member who isn’t in the field to ensure you can simplify your message.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team at Canada Life UK.

We think you need these skills to ace Senior Actuary (ALM Reporting team)

Financial Analysis
Risk Management
Stakeholder Engagement
Actuarial Modelling
Statistical Methods
Advanced MS Excel Skills
Report Writing
Communication Skills
Influencing Skills
Negotiation Skills
Process Improvement
Commercial Awareness
Mentoring and Coaching
Decision-Making

Some tips for your application 🫡

Tailor Your Application: Make sure to customise your CV and cover letter for the Senior Actuary role. Highlight your experience in financial analysis and risk management, as these are key aspects of the job. We want to see how your skills align with what Canada Life UK is looking for!

Showcase Your Communication Skills: Since this role involves influencing senior stakeholders, it's crucial to demonstrate your communication prowess. Use clear and concise language in your application, and don’t shy away from sharing examples of how you've effectively communicated complex information in the past.

Highlight Your Technical Expertise: Canada Life UK values strong technical skills, especially in statistical methods and actuarial models. Be sure to mention any relevant software or tools you’re proficient in, like advanced MS Excel skills, to show that you can hit the ground running.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets the attention it deserves. Plus, it shows us that you’re genuinely interested in joining our team at Canada Life UK!

How to prepare for a job interview at myGwork - LGBTQ+ Business Community

✨Know Your Numbers

As a Senior Actuary, you'll need to demonstrate your technical expertise. Brush up on complex statistical methods and models relevant to the role. Be prepared to discuss how you've applied these in past roles, especially in financial analysis and risk management.

✨Showcase Your Communication Skills

You'll be explaining complex concepts to various stakeholders, so practice articulating your thoughts clearly. Use examples from your experience where you successfully communicated intricate actuarial information to non-technical audiences.

✨Build Relationships

Canada Life values strong relationships across teams. Think of instances where you've collaborated with senior stakeholders or mentored colleagues. Highlight your ability to adapt your communication style to different individuals to achieve successful outcomes.

✨Demonstrate Initiative

Be ready to discuss how you've taken independent decisions in previous roles. Share examples of how you've identified opportunities for process improvements and how you approached implementing those changes, showcasing your sound judgement and commercial awareness.

Senior Actuary (ALM Reporting team)
myGwork - LGBTQ+ Business Community
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