Senior Capital Reporting Analyst | London, UK

Legal & General; London; Hybrid; GBP 50,000 - 90,000; Full time

Job summary

An established industry player is seeking a Senior Capital Reporting Analyst to enhance Solvency II reporting within their Institutional Retirement division. This hybrid role offers the flexibility to work from home or the London office, allowing you to contribute to critical financial results and stakeholder communication. You will be involved in producing capital requirement recalculations, validating model results, and conducting stress testing. This position not only offers competitive salary and benefits but also the opportunity to make a significant impact on customers' financial security in retirement. If you are a nearly or newly qualified actuary with strong analytical and communication skills, this role could be your next career step.

Benefits

Performance-based bonuses

Share schemes

Pension contributions

Life assurance

Healthcare

Generous holiday entitlement

Family leave

Electric car scheme

Discounts

Wellbeing-focused offices

Qualifications

• Nearly or newly qualified actuary with life insurance experience.
• Strong analytical skills and ability to review results critically.

Responsibilities

• Producing quarterly and ad-hoc recalculations of the Solvency Capital Requirement.
• Conducting stress and scenario testing on our capital position.

Skills

Analytical Skills

Stakeholder Management

Solvency II Reporting

Stress Testing

Process Improvement

Education

Qualified Actuary

Life Insurance Experience

Tools

Python

R

Job description

Company Description

Legal & General (L&G) is a leading UK financial services group and major global investor. We have been safeguarding people's financial futures since 1836, striving to build a better society, improve our customers' lives, and create value for shareholders.

We are one of the world's largest asset managers, providing powerful asset origination capabilities that underpin our retirement and protection solutions. Our international presence includes pension risk transfer, UK and US life insurance, and UK workplace pensions and retirement income.

L&G Institutional Retirement manages around 700,000 institutional customers, making us the UK's longest-running insurer since 1987. We offer pension risk transfer solutions for UK and US defined benefit schemes and reinsurance from Bermuda, helping companies secure and protect scheme members' retirement benefits.

Joining us means supporting customers' financial security in retirement, assisting companies with pension liabilities, and enabling long-term investment to back our pension promises.

Job Description

We are recruiting a Senior Capital Reporting Analyst to support effective and accurate Solvency II reporting within our Institutional Retirement division. We offer a competitive salary, excellent benefits, and the chance to contribute significantly to financial results and stakeholder communication.

This hybrid role allows flexible working between home and our London office in Moorgate.

What you'll be doing:

• Producing quarterly and ad-hoc recalculations of the Solvency Capital Requirement (SCR)
• Validating and analyzing internal model results, including impacts of model changes and calibration
• Conducting stress and scenario testing on our capital position
• Recalibrating proxy models for SCR calculations
• Maintaining and developing proxy modeling processes and controls
• Supporting prioritization and scheduling of reporting and process improvements
• Implementing process and methodology enhancements for better accuracy
• Building effective relationships across the business

Qualifications

Who we're looking for:

• Nearly or newly qualified actuary with life insurance experience
• Experience in Solvency II capital reporting, stress testing, and ALM
• Understanding of Solvency II metrics, matching adjustment, and regulatory environment
• Strong analytical skills and ability to review results critically
• Excellent communication and stakeholder management skills
• Experience in process review and improvements
• Knowledge of UK Pension Risk Transfer is beneficial
• Proficiency in Python or R is advantageous

We offer performance-based rewards, including bonuses, share schemes, pension contributions, life assurance, healthcare, generous holiday entitlement, family leave, electric car scheme, discounts, and modern, wellbeing-focused offices.

Additional Information

At L&G, we believe in generating positive returns today while building a better future. We foster an inclusive culture, support career development, and value flexible working arrangements. We welcome candidates who bring strengths, potential, and alignment with our purpose, even if they don't meet every criterion listed.