SENIOR REPORTING ACTUARY, 30032

The Emerald Group; Reading; Hybrid; GBP 70,000 - 110,000; Full time

Job summary

The Emerald Group in Reading is seeking an experienced Reporting Actuary to lead financial reporting, valuation, and business planning efforts within the Life Actuarial team. You will drive automation, robust controls, and clear stakeholder reporting while contributing to the broader transformation programme.

Ideal candidates will be nearly or fully qualified actuaries with extensive financial reporting experience, strong modelling skills, and proficiency in data analytics tools.

Qualifications

• Nearly or qualified actuary with at least 8 years of work experience.
• Strong modelling skills with a deep understanding of cashflow projections (Mo.Net preferred).
• Experience using data analytics and automation tools (SQL, R, Python, Power BI, KNIME).
• Experience contributing to process improvement or transformation activity.

Responsibilities

• Manage the financial reporting process to ensure the value and financial performance of the business, with clear reporting outputs for internal and external stakeholders.
• Engage with stakeholders on the value of the business and changes to the value.
• Develop financial reporting systems and methodologies to be robust, automated where appropriate, and compliant with regulatory requirements.
• Maintain and develop the Valuation Basis and Pricing Basis through monitoring and investigations.
• Maintain and develop Financial Models for planning and forecasting aligned with governance and objectives.
• Maintain and develop the Actuarial Model and related tools to improve automation and reporting processes.

Education

Nearly or qualified actuary with at least 8 years work experience

Tools

Mo.Net

KNIME

SQL

Power BI

Python

R

Job description

You’ll be joining the Actuarial team, which operates as a key part of the business. The team is responsible for financial reporting, valuation, business planning, reinsurance and the development of data-led insight business to support decision-making. This role will help strengthen reporting capability while also supporting the wider transformation programme through improved automation, better processes, clearer workflows and enhanced use of data analytics.This role requires someone who is keen to take ownership of the Financial Reporting area, delivering high-quality reporting outputs, explaining results and key movements to stakeholders, and maintaining robust controls and documentation. The successful candidate will also support the continued development of reporting models, processes and workflows, using data analytics and automation to improve efficiency, insight and governance.

• Location: Reading/ Hybrid
• Category: Life Actuarial
• Type: Permanent

Key responsibilities including but not limited to:

• Manage the financial reporting process to ensure the value and financial performance of the business, with clear reporting outputs for internal and external stakeholders
• Engage, liaise and discuss with key stakeholders on the value of the business and changes to the value
• Manage and develop the financial reporting systems, processes and methodologies to ensure they are robust, well-controlled, automated where appropriate, and able to meet changing business, regulatory and stakeholder requirements
• Maintain and develop the Valuation Basis through regular business monitoring and experience investigations; this includes feedback into the Pricing Basis
• Maintain and develop Financial Models for the business planning and forecast process to ensure that they are robust, in line with internal governance and aligned with strategic objectives
• Maintain and develop the Actuarial Model and related tools in Mo.net, Excel, KNIME and other applications, supporting improved automation, analytical capability, workflow design and repeatable reporting processes

Candidates with less relevant experience may be considered for a Reporting Actuary role.

• Nearly or qualified actuary with at least 8 years work experience
• Strong technical competence in financial reporting of Protection products e.g. Solvency II, IFRS, or comparable
• Strong modelling skills with a deep understanding of cashflow projections (experience of Mo.Net preferred)
• Experience analysis and setting pricing / valuation assumptions
• Experience using data analytics and automation tools, such as SQL, R, Python, Power BI, or KNIME, to improve actuarial and financial reporting processes, enhance management information, automate workflow steps and generate business insight from business data would be advantageous, particularly where this extends beyond traditional experience studies
• Experience contributing to process improvement or transformation activity, including improving controls, reducing manual reporting dependency, redesigning workflows or supporting implementation of new reporting and analytics capabilities