Actuary

Standard Life; Birmingham; On-site; GBP 56,000 - 90,000; Full time

Benefits offered by this job

Private medical cover

38 days annual leave

Excellent pension

Life assurance 12x salary

Career breaks

Income protection

Volunteering days

Job summary

Standard Life in the United Kingdom is seeking a Qualified Actuary to join the MMC3 programme, working at the heart of regulatory and business transformation. You will analyse and validate model changes, investigate complex actuarial issues and help deliver enhancements to the Internal Model.

You will collaborate across multiple workstreams, support change projects, review tests, assess impacts and communicate technical findings to stakeholders to influence outcomes and ensure high-quality

Qualifications

• Qualified Actuary with experience in actuarial modelling, reporting or capital management within a life insurance environment.
• Strong understanding of Solvency II/Internal Model methodology and the key drivers of balance sheet and capital results.
• Demonstrable experience analysing model outputs, investigating issues and solving complex actuarial problems.
• Experience supporting actuarial change projects, including test review, impact assessment and validation of model changes.
• Ability to work collaboratively across multiple teams, communicating technical findings clearly and influencing stakeholders to deliver project outcomes.

Responsibilities

• analyse and validate model changes within a major regulatory and business transformation
• investigate complex actuarial issues and help deliver enhancements to the Internal Model
• work across multiple workstreams and stakeholder groups to support decision-making and outcome delivery

Skills

Actuarial modelling

Actuarial reporting

Capital management

Internal Model

Job description

As part of the MMC3 programme, one of the most significant model change initiatives within Standard Life, this role offers the opportunity to work at the heart of a major regulatory and business transformation. You will play a key role in analysing and validating model changes, investigating complex actuarial issues and helping to deliver enhancements to the Internal Model. Working across multiple workstreams and stakeholder groups, you will use your actuarial expertise to support decision-making, influence outcomes and ensure the successful delivery of high-quality project results.

• Qualified Actuary with experience in actuarial modelling, reporting or capital management within a life insurance environment.
• Strong understanding of Solvency II/Internal Model methodology and the key drivers of balance sheet and capital results.
• Demonstrable experience analysing model outputs, investigating issues and solving complex actuarial problems.
• Experience supporting actuarial change projects, including test review, impact assessment and validation of model changes.
• Ability to work collaboratively across multiple teams, communicating technical findings clearly and influencing stakeholders to deliver project outcomes.
• 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.
• Salary and benefits: £56,200 - £89,900 plus an indicative bonus range of 16-32%, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.