Hybrid Actuarial Analyst

at Pension Insurance Corporation plc

• Job title: Actuarial Analyst
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: Not specified
• Degree requirement: Professional Certificate
• Location requirements: Hybrid, London, United Kingdom

About the role

• Actuarial Analyst in Finance department providing reporting and analysis support for risk management objectives. Opportunities for rotation within teams and professional qualification support.

Responsibilities

• Pension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Company-wide strategic objectives and driving a healthy culture based on our PIC Values of Resilient, Adaptable, and Loyal.
• As an Actuarial Analyst, you will be provided with opportunities to explore the business by working in various teams within PIC’s Finance department through our rotation programme. You will also be supported to continue to gain your professional actuarial qualification with the Institute and Faculty of Actuaries (IFoA). You will start your rotation within the Actuarial Reporting team and will then gain experience across various other Finance teams.
• **Specific accountabilities assigned to the role of Actuarial Analyst within the Actuarial Reporting team function within the Finance department:**
• Support the preparation of internal monthly reporting and analysis, including information for year-end and half-year reports
• Support the preparation of information for use in hedging, forecasting and planning
• Identify and support the implementation of improvements to the reporting processes
• Ensure controls and reviews are followed, following up with senior team members if there are any issues
• Ensure documentation is kept up to date
• Support the Head of Actuarial Reporting in other ad hoc actuarial investigations and other projects as they arise
• Teams through which you may rotate following your time in the Actuarial Reporting team include Automation & Insight, Capital, MA and Investment Business Partnering, Stress and Scenario Testing, Actuarial Modelling & Data, Financial Planning and Analysis and Origination Business Partnering.

Requirements

• **Experience:**
• Demonstrated progress through the FIA examinations with the Intention to qualify as a Fellow of the IFoA
• Previous actuarial experience gained whilst working within a professional environment e.g. insurer, consultancy
• **Knowledge:**
• Some technical knowledge of financial reporting in a UK life insurance environment is desirable
• Knowledge of UK DB pensions and/or bulk annuities and familiarity with actuarial modelling software e.g. RAFM are desirable
• **Skills:**
• Strong numerical and analytical skills, particularly analysis and investigation of financial results from actuarial models
• Good organisational skills to prioritise work to meet deadlines
• Good communication skills. In particular, the ability to convey messages behind financial impacts to senior actuaries
• Strong understanding and competence of using MS Excel
• Ability to work within defined procedures as recommended by functional teams
• *Desirable*
• Good working knowledge of MS PowerPoint, MS Word, etc.
• Ability to persuade and influence both directly and indirectly and commercial judgement

Benefits

• In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.
• You will also have full study support to qualify as a Fellow of the Institute and Faculty of Actuaries.