Actuarial Solution Architect

Actuarial Solution Architect

Full-Time 42000 - 82000 £ / year (est.) Home office (partial)
Sivara GmbH

At a Glance

  • Tasks: Lead the design of innovative actuarial solutions and optimise model components.
  • Company: Join Canada Life UK, a modern and customer-focused organisation.
  • Benefits: Competitive salary, generous pension, private medical insurance, and flexible working options.
  • Other info: Diverse and inclusive workplace with excellent professional development opportunities.
  • Why this job: Make a real impact in a leadership role while driving innovation in actuarial practices.
  • Qualifications: Strong knowledge of actuarial systems and proven project management skills required.

The predicted salary is between 42000 - 82000 £ per year.

Salary: £42,000 - 82,000 per year

Requirements

  • Strong knowledge of Solvency II / Internal Models with a proven track record of contributing to change, innovation and optimisation of model components.
  • Strong project management skills with the ability to manage multiple priorities and deliver high quality outputs under tight time pressure.
  • Strong commercial outlook and the ability to balance model rigour with pragmatic solutions that meet business needs.
  • Deep understanding of actuarial systems and modelling platforms.
  • Proven experience in solution architecture or end-to-end design.
  • Strong knowledge of data flows and dependencies, model integration, and reporting frameworks.
  • Ability to design across business, modelling and technical layers.
  • Excellent verbal and written communication skills.
  • Ability to translate complex technical concepts into business language.
  • Strong experience engaging with senior stakeholders.
  • Ability to facilitate discussions across technical and non-technical audiences.
  • Skilled in influencing outcomes without direct authority.
  • Strong interpersonal and networking skills, with the ability to build and maintain effective relationships across Finance, Risk, Investments, Product and other areas.
  • Experience working collaboratively with second and third line functions such as Risk, Compliance, Internal Audit, and Independent Model Validation to address findings, improve methodologies and enhance the control environment.
  • Ability to act with integrity and role model company values, building trust and credibility as a subject matter expert.
  • Proven track record of delivery under tight time pressure, including the ability to prioritise effectively and manage competing demands.
  • Self-motivated, well organised and pragmatic, able to work independently, take ownership of issues and drive them through to resolution.
  • Ability to identify opportunities to enhance the Internal Model and its use in decision making, and to recommend and implement improvements in response to regulatory, market and business developments.
  • Experience of supporting, guiding or supervising less experienced team members, including review, feedback and on the job coaching.
  • Commitment to maintaining up to date knowledge of actuarial, market and regulatory developments relevant to Internal Models and capital management, and to sharing this knowledge within the team.
  • Undergraduate degree in Finance or Maths, or equivalent experience.
  • Fellow of the Institute of Actuaries, or equivalent.

Responsibilities

  • Lead the end-to-end design of actuarial solutions across methodology, modelling platforms, data, aggregation, reporting and controls.
  • Ensure all changes are internally consistent across the actuarial value chain.
  • Define target state architectures aligned to strategic objectives.
  • Identify dependencies, risks and optimisation opportunities across systems.
  • Engage directly with stakeholders to understand business requirements and challenge them to ensure clarity, feasibility and value.
  • Translate complex needs into structured, well-defined solution designs.
  • Facilitate alignment across multiple stakeholders with differing priorities.
  • Produce detailed design documentation and specifications for delivery teams.
  • Work closely with development and production teams to ensure clear understanding of requirements, feasible implementation approaches and alignment with architecture standards.
  • Provide ongoing guidance during implementation to ensure design intent is realised.
  • Define and maintain actuarial architecture principles and standards.
  • Drive consistency across model design, data structures and flows, system integrations and reporting frameworks.
  • Promote best practices in automation, modular design and scalability.
  • Support model change governance processes, including design documentation, change justification and evidence for approvals.
  • Ensure solutions meet risk management standards and control requirements.
  • Contribute to regulatory engagement, including PRA submissions.
  • Ensure appropriate auditability, traceability and documentation.
  • Identify opportunities to simplify, modernise and optimise actuarial systems.
  • Lead or contribute to transformation initiatives and tooling improvements.
  • Maintain awareness of industry trends, tools and regulatory developments.
  • Encourage innovation while maintaining robust control frameworks.
  • Provide technical leadership and guidance to actuarial and delivery teams.
  • Foster strong collaboration across actuarial, IT and data functions.
  • Support development of team capability in architecture and design thinking.

Technologies

  • Support LESS Architect E2E

We are committed to diversity, inclusion and creating a workplace where everyone can feel they belong and achieve their potential, and we are happy to discuss flexible working arrangements, including part time, where required.

Actuarial Solution Architect employer: Sivara GmbH

At Canada Life UK, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters innovation and collaboration. Our commitment to employee growth is reflected in our comprehensive training programmes and flexible working arrangements, ensuring that every team member can thrive while contributing to meaningful projects in the actuarial field. With a competitive salary and a robust benefits package, including a generous pension scheme and private medical insurance, we create an environment where our employees feel valued and empowered to make a difference.

Sivara GmbH

Contact Details:

Sivara GmbH Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Actuarial Solution Architect

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 Sivara GmbH. 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 Actuarial Solution Architect

Solvency II
Internal Models
Project Management
Actuarial Systems
Solution Architecture
Data Flows
Model Integration

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 Sivara GmbH.

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 Sivara GmbH'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 Sivara GmbH

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 Sivara GmbH.

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 Sivara GmbH 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 Sivara GmbH 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.