Overview

We’re looking for a Qualified Actuary to join us as a Financial Risk Modelling - Senior Manager on a 12 Month Fixed Term Contract, to cover Maternity Leave. This is a pivotal role in the Institutional Retirement (IR) Finance division where you will lead the development and delivery of financial risk metrics and modelling across the business with a key focus on SCR. You’ll work collaboratively with a wide range of stakeholders, driving strategic change, and ensuring our models and processes are robust, compliant, and future-ready.

Joining us means you’ll support customers’ financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises.

This role is a Hybrid working opportunity, which will allow you to split your working week between your home and our London office to find a work life balance that works for you.

What you'll be doing

• Leading the ownership and development of financial risk models across IR Finance
• Collaborating across teams to deliver stressed capital requirements and financial risk metrics
• Owning reporting processes and workflows for balance sheet stress testing
• Driving continuous improvement in modelling efficiency and effectiveness
• Prioritising and implementing strategic changes to systems, processes and controls
• Embedding a strong risk and control mindset across modelling activities
• Managing relationships with internal and external stakeholders, including auditors and Group Finance
• Supporting the delivery of good customer outcomes through financial risk insights

Qualifications

• Qualified Actuary (FIA or FFA) or demonstrable equivalent expertise in Life Insurance
• Strong Capital Modelling experience, ideally with the use of Stochastic Models
• Understanding IFRS 17, Solvency II / Solvency UK and asset classes used in annuity products
• Ability to communicate complex ideas clearly and effectively to varied audiences
• Leading cross-functional collaboration to ensure delivery
• Applying sound judgement and analytical thinking to financial risk challenges
• Showing flexibility and adaptability in a changing regulatory environment
• Building and maintaining effective stakeholder relationships across the business

Benefits

• Competitive Base Salary + Car Allowance
• The opportunity to participate in our annual, performance-related bonus plan
• Generous pension contribution
• Life assurance
• 30 days annual leave, plus public holidays
• Competitive family leave
• Discounts on our products and at a range of stores and online
• Wellbeing-focused workspace with opportunities to collaborate

Additional Information

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. We support flexible working options including part-time, term-time and job shares where possible.

It doesn’t matter if you don’t meet every single criterion in this advert. Think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.