At a Glance
- Tasks: Lead the reporting of key performance metrics and ensure clarity for stakeholders.
- Company: Join a leading savings and investments firm with a strong focus on integrity.
- Benefits: Enjoy an 18% pension scheme, generous annual leave, and financial wellbeing support.
- Other info: Dynamic role with opportunities for professional growth and development.
- Why this job: Make a real impact by shaping financial narratives and influencing business decisions.
- Qualifications: Expertise in actuarial reporting and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
This role sits within Group Finance and plays a critical part in the integrity, consistency and communication of the Group's key performance metrics. The Senior Results Reporting Actuary is responsible for providing deep subject matter expertise across Group reporting metrics, supporting robust results production, and ensuring clear, high-quality explanations of performance to senior stakeholders and the external market. The role reports to the Head of Group Results and Analysis and interacts regularly with senior finance and business leaders.
Main Responsibilities
- Act as a subject matter expert on the methodology underpinning key Group performance metrics supported by a good technical understanding of IFRS 17 and Solvency II reporting requirements, including:
- Adjusted operating profit and Operating change in CSM
- Capital Generation and Solvency II
- Support the quarterly production of Group results across all relevant metrics, ensuring accuracy, consistency and clear linkage between measures. This includes production of results packs and analysis for senior stakeholders.
- Assist the Head of Group Results and Analysis with the application of methodology for new products, segments and transactions, ensuring impacts are well understood and appropriately reflected in Group metrics.
- Develop a deep understanding of planning assumptions across all Group metrics that feed into forecasts and the outturn process, influencing and challenging inputs as necessary to improve alignment between forecasts and actuals.
- Draft narrative for semi-annual Business and Financial Reviews, and Q1 and Q3 trading updates as required, clearly explaining performance and movements in key metrics to the market.
- Act as a subject matter expert on assigned Group reporting metrics, confidently discussing methodology, assumptions and results with senior stakeholders.
- Provide oversight, challenge and support the governance over actuarial methodology and assumptions, working closely with the Methodology and Assumptions team. Own the assumption setting for group overlays to business unit methodology and assumptions.
Key Knowledge, Skills and Experience
- Ability to develop in-depth understanding of Group performance metrics and how they are used to manage the business.
- Good understanding of IFRS 17 and Solvency II requirements and their application.
- Experience supporting the production of Group-level financial and actuarial results.
- Ability to apply complex methodologies to new and evolving business activities.
- Strong analytical skills, with the ability to interpret data and explain outcomes clearly.
- Proven capability to produce high-quality written narratives for external and senior internal audiences.
Suggested Essential Skills
- Actuarial and financial reporting expertise
- Analytical thinking and problem-solving
- Clear written and verbal communication
- Results reporting and performance analysis
- Influencing and stakeholder engagement
- Clear, concise written communication
- Judgement and attention to detail
What we offer
As a savings and investments firm we are proud to offer a valuable pension scheme of 18%, with 13% made up of Employer Contributions and 5% Employee Contributions. We also offer Share Save and our Share Incentive Plan, together with access to financial wellbeing and support services. Enjoy 38 days annual leave including.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Results Reporting Actuary in Edinburgh
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like NACBA. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Results Reporting Actuary in Edinburgh
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to NACBA.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on NACBA's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at NACBA
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with NACBA.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at NACBA will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former NACBA employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
