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- Tasks: Lead projects to enhance actuarial standards and influence the profession.
- Company: Join the Financial Reporting Council, a key player in UK corporate governance.
- Benefits: Competitive salary, professional development, and the chance to shape the actuarial field.
- Why this job: Make a real impact on the future of actuarial regulation and corporate reporting.
- Qualifications: Fellow of the IFoA with significant experience in financial reporting and actuarial work.
- Other info: Collaborative team environment with opportunities for strategic influence.
The predicted salary is between 48000 - 72000 £ per year.
The Financial Reporting Council (FRC) mission is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work. We are the UK Competent Authority for audit. We also set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work, and monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries.
The FRC’s Regulatory Standards Division is responsible for public and technical policy covering accountancy, audit, actuarial work and corporate governance and stewardship, for which we set regulatory codes and standards and develop guidance to drive high quality work in the public interest. We are seeking a Project Director FTC to join the FRC’s Actuarial Regulation Team. The successful candidate will work with the Director of Actuarial Regulation, Senior Project Directors and other Project Directors in the team to deliver the objectives in our annual strategy and plan.
This includes:
- Developing the technical actuarial standards and guidance in the UK
- Assessing the effectiveness of the technical actuarial standards through our monitoring programme
- Providing actuarial expertise to the wider FRC such as in disciplinary cases, the oversight of the IFoA, and the actuarial aspects of audit quality inspections
The FRC is the home of independent actuarial regulation, and this is an excellent opportunity to influence actuarial regulation and to help shape the actuarial profession.
The person
The candidates are likely to be Fellows of the IFoA and have significant post qualification experience, including experience of financial reporting. They are likely to have operated at a senior level in a consulting, in house, management or regulatory role. A strong understanding of what drives high quality actuarial work is key to this role.
The Project Director should have:
- Deep technical knowledge of the insurance sector, preferably on the life insurance side
- Knowledge in climate risk and artificial intelligence (desirable but not essential)
- Strategic knowledge of developments and issues affecting their sector
- Externally acknowledged technical expertise in their field
- Ability to engage credibly with senior actuarial practitioners and other senior stakeholders
- Knowledge of the standards and guidance issued by the IFoA to its members, and of the IFoA’s education, CPD, competence and disciplinary regimes
- Strong oral and written communications, including strong presentation skills and experience of speaking to challenging audiences
- Strong analytical skills to be able to distil large amounts of information and identify key points
- Ability to learn from colleagues in other practice areas, or work with colleagues from other operating units providing specialist input to cross-unit activities
- Ability to take ownership and responsibility for timely delivery of high quality projects
- Ability to work collaboratively in a team environment and also to work independently when required
Project Director - FTC - 6 months -Actuarial Regulation Team in Birmingham employer: The Endorsement Board
Contact Detail:
The Endorsement Board Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Project Director - FTC - 6 months -Actuarial Regulation Team in Birmingham
✨Network Like a Pro
Get out there and connect with people in the actuarial field! Attend industry events, webinars, or even local meet-ups. The more you engage with professionals, the better your chances of landing that Project Director role.
✨Show Off Your Expertise
When you get the chance to chat with potential employers, don’t hold back on showcasing your knowledge. Talk about your experience with financial reporting and how you’ve influenced high-quality actuarial work in the past. Let them see why you’re the perfect fit!
✨Prepare for the Interview
Do your homework before the interview! Understand the FRC’s mission and how your skills align with their goals. Be ready to discuss how you can contribute to their annual strategy and plan, especially in developing technical actuarial standards.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining the FRC and making a difference in the actuarial profession.
We think you need these skills to ace Project Director - FTC - 6 months -Actuarial Regulation Team in Birmingham
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience that match the Project Director role. Highlight your actuarial expertise, especially in financial reporting and any relevant projects you've led.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial regulation and how your background makes you the perfect fit for the FRC's mission.
Showcase Your Communication Skills: Since strong communication is key for this role, make sure your application showcases your ability to convey complex ideas clearly. Consider including examples of presentations or reports you've delivered.
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 and helps us keep track of all applicants efficiently.
How to prepare for a job interview at The Endorsement Board
✨Know Your Stuff
Make sure you brush up on your technical knowledge, especially around actuarial standards and the insurance sector. Familiarise yourself with the FRC's role and recent developments in the field. This will help you engage confidently with interviewers and demonstrate your expertise.
✨Showcase Your Experience
Prepare to discuss your post-qualification experience in detail. Highlight specific projects where you've influenced high-quality actuarial work or contributed to regulatory standards. Use examples that showcase your strategic thinking and ability to deliver results.
✨Communicate Clearly
Strong communication skills are a must for this role. Practice articulating complex ideas simply and clearly. Be ready to present your thoughts on challenging topics, as you'll likely face tough questions from senior stakeholders during the interview.
✨Be Collaborative
Emphasise your ability to work both independently and as part of a team. Share examples of how you've successfully collaborated with colleagues across different units or disciplines. This will show that you're not just a lone wolf but someone who can contribute to a cohesive team environment.
