At a Glance
- Tasks: Support pricing and execution of bulk annuity transactions with data manipulation and modelling.
- Company: Join Canada Life UK, a leader in financial services with a collaborative culture.
- Benefits: Competitive salary, generous pension, private medical insurance, and ongoing professional development.
- Other info: Dynamic team environment with excellent career growth opportunities.
- Why this job: Make a real impact in the financial sector while developing your analytical skills.
- Qualifications: Strong numerical and analytical skills, with a working knowledge of MS Excel.
The predicted salary is between 30000 - 40000 £ per year.
Locations: Can be located in the Bristol, London or Watford office.
Job Purpose
This role is in the BPA New Business Pricing team, where you will work with other team members to support the pricing and execution of bulk annuity transactions. The role requires strong data manipulation, numerical and analytical skills and is well suited to an individual with an eye for detail and a commitment to delivering timely and accurate work.
Key Accountabilities
- Support the pricing and execution of bulk annuity transactions
- Accurate and complete data manipulation and subsequent modelling of scheme benefits
- Actively identify areas of opportunity to improve pricing tools and process efficiency
- Work collaboratively and effectively with wider BPA teams, such as BPA reinsurance, Data Verification and Member Options
- Understand technical actuarial techniques, with a foundational awareness of business and commercial impacts of pricing decisions
General Responsibilities
- Development and maintenance of bulk annuity pricing methodologies and models in accordance with Technical Actuarial Standards (where relevant) and End User Computing requirements
- Contribute to a collaborative and inclusive team culture
- Understanding of risk management, in relation to risks relevant to this role. Follow appropriate risk management procedures to control, monitor and report on business activities, and escalate key risks or issues appropriately
- Understanding of actuarial control frameworks
- Meet governance requirements
- Compliance with Company policies and regulatory, professional and legal requirements
Desired Knowledge and Experience
- Numerical, analytical, problem-solving and data manipulation skills, with attention to detail
- Working knowledge of MS Excel
- Ability to understand and interpret data, make conclusions and communicate recommendations effectively
- Strong, clear and timely oral and written communication
- Project management skills, working effectively both independently and as part of a team
- A demonstrable interest in Bulk Purchase Annuities
Benefits
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.
BPA Actuarial Analyst in Bristol employer: NACBA
At Canada Life UK, we pride ourselves on being an excellent employer, offering a collaborative and inclusive work culture that fosters personal and professional growth. With offices in Bristol, London, and Watford, our BPA Actuarial Analyst role provides a unique opportunity to engage in meaningful work while enjoying a competitive salary, comprehensive benefits, and a commitment to employee development.
StudySmarter Expert Advice🤫
We think this is how you could land BPA Actuarial Analyst in Bristol
✨Tip Number 1
Network like a pro! Reach out to current employees in the BPA New Business Pricing team on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your data manipulation skills. Be ready to discuss how you've tackled similar challenges in the past, especially with MS Excel. Show us your analytical prowess!
✨Tip Number 3
Don’t forget to highlight your teamwork experience! This role thrives on collaboration, so share examples of how you've worked effectively with others to achieve common goals.
✨Tip Number 4
Finally, apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you're genuinely interested in joining our team at Canada Life UK.
We think you need these skills to ace BPA Actuarial Analyst in Bristol
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the BPA Actuarial Analyst role. Highlight your numerical, analytical, and data manipulation skills, as these are key for us in this position.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're passionate about bulk purchase annuities. Share specific examples of how you've demonstrated attention to detail and problem-solving in previous roles.
Showcase Teamwork Skills:Since collaboration is crucial for us, mention any experiences where you worked effectively in a team. Highlight how you contributed to a positive team culture or improved processes together.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the BPA Actuarial Analyst role without any hiccups!
How to prepare for a job interview at NACBA
✨Know Your Numbers
As a BPA Actuarial Analyst, you'll need to showcase your numerical and analytical skills. Brush up on your data manipulation techniques and be ready to discuss how you've used these skills in past experiences. Prepare examples that highlight your attention to detail and accuracy.
✨Understand the Business
Familiarise yourself with bulk annuity transactions and the broader actuarial landscape. Research the company’s approach to pricing and risk management. This will not only help you answer questions more effectively but also demonstrate your genuine interest in the role and the industry.
✨Collaborate Like a Pro
This role requires teamwork, so be prepared to discuss how you've worked collaboratively in the past. Think of specific instances where you contributed to a team project or improved processes. Highlight your communication skills and how you can work effectively with different teams.
✨Showcase Your Problem-Solving Skills
Be ready to tackle hypothetical scenarios during the interview. Practice articulating your thought process when faced with a problem, especially in relation to pricing tools and efficiency improvements. This will show your potential employer that you can think critically and contribute to their goals.
