Job Description
Career Family, Level & Title: Actuarial. Intermediate, Lead Professional/Manager
Job Type: Fixed Term Contract
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.
We’re currently recruiting for an Actuary to join our Actuarial Profession to provide a professional service applying actuarial, technical & business knowledge to support the delivery of informed & effective decision making in order to deliver the company strategy.
Key Responsibilities
- Contribute to the specification, development and testing of complex propositions or numerical models, analysing a range of business data, making recommendations to Senior Actuaries and/or senior management to support decision making.
- Contribute to the preparation of papers and reports for senior management and executives as required, with suitable supervision.
- Lead small scale projects or elements of large scale more complex (12 month plus duration) projects to support the business.
- Act as actuarial subject matter expert on strategic business or Group level projects to ensure specialist input is provided to business decision making.
- Communicate effectively with a technical actuarial audience and simplify communications of technical issues to a non-technical audience.
- Provide technical leadership in key areas of expertise and represent business area appropriately within cross divisional projects.
- Applying commercial understanding of the business to ensure financial, business & actuarial advice is aligned with the business needs.
- Communicating complex concepts and recommendations to multiple stakeholders across the business both in the UK and potentially globally.
- Regularly working to defined and tight timescales whilst maintaining professional standards.
- Balancing business demand, issues and risks by applying sound judgement in complex scenarios, often with considerable uncertainty.
What We’re Looking For
Essential
- Education - Fellow of Institute and Faculty of Actuaries or Society of Actuaries in Ireland
- Languages - English
Desirable
- Extensive experience of Life Company Solvency II results and financial statements
- In-depth understand of Life Company products in particular unit-linked life and pension savings products, annuities (immediate and deferred) and protection products.
- Pro-active and able to work autonomously
What We Offer
Bring your ‘whole self’, skills and dedication to the Phoenix Group and we’ll recognise your effort, support your development and help to drive your ambition. We’ll ensure you’re rewarded for your contribution with a competitive package that includes an attractive pension, annual bonus potential, private medical insurance, generous holiday entitlement, enhanced maternity and adoption leave and a range of other financial services and lifestyle flexible benefits.
Join us and you join a unique organisation. It’s not just the 14 million policyholders we serve, or the £300 billion of assets we look after. Or that we’re a FTSE 100 company that has been listed as one of the UK's Top Employers for nine years running. It’s our talented, inclusive and diverse workforce that makes us a success. We offer flexible working opportunities ensuring we attract and retain the very best of talent. Find out about more about our people’s stories, our values and our commitment to diversity.
Key Competencies
Analytical Skills
Use of a variety of diagnostic techniques to understand a situation/issue/problem by breaking it down and tracing the root cause/underlying implications in a methodical step-by-step way.
Commerciality
The ability to be commercially focused at all times.
Communication Skills
Clearly and effectively communicates information, ideas, plans, requests and opinions to internal and external stakeholders through a range of channels including written and oral. Ensures alignment with communication guidelines and policies.
Delivering Results
Meeting and exceeding performance goals and expectations to deliver results.
Impact & Influence
Influencing others to achieve a positive impact. This includes communicating clearly, building support for ideas and having an impact on other people.
Market and Industry Knowledge
Knowledge of the markets, competitors, products, services, trends, impacting forces and factors, etc. that make up the industries which Standard Life operates in.
Online Interviews and Onboarding
All our interviews, onboarding and new joiners are now managed remotely. We have in place a strong virtual support network to ensure new colleagues are supported and developed as they navigate their first few months with us
We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
We’re reviewing applications as they come in, so apply early to avoid missing out.
Find out more about working at Standard Life
We value diversity in our workforce and welcome enquiries from everyone.
