Project Director- Actuarial Regulation

Datacareers; Birmingham; Hybrid; GBP 90,000 - 120,000; Full time

Benefits offered by this job

30 days annual leave

Employer pension contribution 10%

Employee Assistance Programme

Cycle to Work scheme

Work-life balance commitment

Job summary

Datacareers is seeking a Project Director to join its Actuarial Regulation Team in Birmingham. The role works with the Director of Actuarial Regulation, Senior Project Directors and other Project Directors to deliver the organisation's annual strategy and plan.

The successful candidate will be a Fellow of the IFoA with significant post-qualification experience, ideally with regulation or supervisory exposure.

Qualifications

• Fellow of the Institute and Faculty of Actuaries (IFoA) with significant post-qualification experience.
• Experience in regulation, supervision or actuarial practice; senior level within consultancy, in-house, management or regulatory environment.
• Strong technical knowledge of pensions, especially defined contribution (DC).
• Excellent written and verbal communication, including presentations to large audiences.

Responsibilities

• Developing technical actuarial standards and pension illustrations in the UK.
• Assessing the effectiveness of technical actuarial standards through a monitoring programme.
• Providing actuarial expertise across the organisation, including support for disciplinary cases and actuarial aspects of audit quality review inspections.
• Contributing to actuarial regulation development in response to Government pension reform initiatives and the evolving pensions landscape.

Job description

The organisation is seeking a Project Director to join its Actuarial Regulation Team.

The successful candidate will work alongside the Director of Actuarial Regulation, Senior Project Directors and other Project Directors to deliver the objectives set out in the organisation's annual strategy and plan.

Key responsibilities include:

• Developing technical actuarial standards and pension illustrations in the UK.
• Assessing the effectiveness of technical actuarial standards through a monitoring programme.
• Providing actuarial expertise across the organisation, including support for disciplinary cases, oversight of the professional actuarial body and actuarial aspects of audit quality review inspections.
• Contributing to the development of actuarial regulation in response to Government pension reform initiatives and the evolving pensions landscape.

The Person

The successful candidate is likely to be a Fellow of the Institute and Faculty of Actuaries (IFoA), with significant post-qualification experience. They will ideally have experience in regulation, supervision or actuarial practice and have operated at a senior level within a consultancy, in-house, management or regulatory environment.

A strong understanding of the factors that drive high-quality actuarial work is essential. Deep technical knowledge of the pensions industry is required, with significant experience in defined contribution (DC) pensions particularly desirable.

The Project Director will also demonstrate:

• Strategic awareness of developments, challenges and emerging issues affecting the pensions and actuarial sectors.
• Recognised technical expertise and the ability to engage credibly with senior actuarial practitioners and other senior stakeholders.
• Strong quantitative, analytical and actuarial modelling skills.
• Excellent written and verbal communication skills, including presentation experience and the ability to address large and challenging audiences.
• Strong analytical judgement when assessing issues for inclusion in actuarial standards and interpreting and synthesising responses to consultation documents.
• Knowledge of the standards and guidance issued by the IFoA, including its education, continuing professional development (CPD), competence and disciplinary frameworks.
• The ability to work collaboratively with colleagues across different practice areas and contribute specialist expertise to cross-organisational projects.
• Strong project leadership skills, with ownership of delivery, quality and deadlines.
• The ability to work effectively both independently and as part of a collaborative team.

Rewards and Benefits

The organisation offers a competitive remuneration package, including:

• 30 days of annual leave, with the option to purchase additional leave.
• An employer pension contribution of 10%.
• Access to an Employee Assistance Programme, including confidential counselling and work-life support services.
• A Cycle to Work scheme offering savings of at least 25% on the purchase of a new bicycle.
• A strong commitment to work-life balance.

Diversity and Inclusion

The organisation is committed to equality of opportunity, diversity and inclusion, supported by its values of fairness and independence.

Equal opportunities monitoring helps identify barriers to employment and career development and informs the development of policies, practices and action plans to promote a more inclusive workplace.

The organisation is a Disability Confident Employer. Applicants with disabilities or long-term health conditions, as defined by the Equality Act 2010, who meet the minimum criteria for the role will progress to the next stage of the recruitment process. Where application volumes are high, candidates whose experience most closely matches the key requirements may be prioritised.

Location and Working Arrangements

The role is based in a central Birmingham office.

The organisation operates a hybrid working arrangement, with an expectation that approximately 40% of working time will be spent in the office. Specific arrangements will be agreed with the successful candidate's line manager.

The postholder must be able to work flexibly to support the team's activities and provide cover across the organisation when required.