At a Glance
- Tasks: Lead financial risk management and support high-performance team culture.
- Company: Join Standard Life, a leader in retirement savings with over 200 years of experience.
- Benefits: Enjoy a competitive salary, generous leave, private medical cover, and flexible working options.
- Other info: Flexible roles available, fostering a culture of curiosity and continuous improvement.
- Why this job: Make a real impact on financial risk strategies while enjoying work-life balance.
- Qualifications: Qualified actuary with experience in life insurance and strong analytical skills.
Job Type: Permanent
Location: This role can be based from our London, Birmingham or Edinburgh offices with time spent working in the office and from home. Flexible working: All roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.
Salary and benefits: £110,000 to £127,000 dependent upon experience, plus an indicative bonus range of 30% to 60%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.
Closing date: 31st July 23:59
Who are we? We’re Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone’s journey to and through retirement can be better, and for more than 200 years, we’ve been helping our customers plan and prepare for their financial futures. Life today is increasingly complicated, uncertain and unpredictable. People move through different careers, face unexpected moments and navigate important choices. We offer our colleagues flexibility, trust and benefits that work for whatever life brings. In return we expect curiosity, connection, accountability and high standards. We make room for what matters - so you can bring your best, every day.
Purpose of the role: The Senior Financial Risk Actuary is a member of the Balance Sheet capital management and the financial risks arising from the effects of climate change. The team also contributes towards the Recovery and Resolution Plans and the Own Risk and Solvency Assessment.
Key Responsibilities:
- Support the Head of Balance Sheet support effective team ways of working; and contribute to a culture of high performance, development and continuous improvement through constructive feedback, coaching and knowledge sharing.
- Influence and constructively challenge senior stakeholder decisions, drawing on internal relationships, cross-functional networks, external market perspectives and relevant experience.
- Work independently to deliver clear, high-quality reports and materials for senior stakeholders.
- The successful candidate should lead by example, contribute positively to team culture and support wider team development through thought leadership, knowledge sharing and staying up to date with latest market practice.
What are we looking for?
- Qualified actuary with significant experience in a life insurer, regulator, consultancy or reinsurer.
- In-depth understanding of life insurance products (in particular PRT and annuities), regulatory frameworks (Solvency UK, IFRS 17, UK GAAP), and the principles of business planning, and balance sheet management and optimisation – including understanding of best market practice in key areas of oversight.
- Deep experience in the core technical areas of the role (i.e. balance sheet modelling and analysis, solvency).
Senior Actuary in Edinburgh employer: Standard Life plc
At Standard Life, we pride ourselves on being an exceptional employer, offering a supportive work culture that values flexibility and personal growth. With competitive benefits including up to £105,000 salary, generous annual leave, and opportunities for career development, our London-based team thrives in an environment that encourages innovation and collaboration. Join us as a Principal Cloud Architect and be part of a company dedicated to making a meaningful impact in the retirement sector while enjoying a balanced work-life approach.
