Actuary

Pension Insurance Corporation is recruiting for an Actuary to join its Assumptions (Line 1) team, responsible for maintaining assumptions used in the production of PIC's external results and internal model calibrations.

Requirements

• Fellow of the Institute and Faculty of Actuaries
• Experience of working in the life insurance sector
• Experience within the bulk annuity market is desirable
• Experience of working with Line 2 teams and external auditors
• Experience of preparing and presenting papers to senior management
• Experience of using automation/AI to improve process efficiency
• Strong quantitative and analytical expertise
• Familiarity with Solvency UK and IFRS regulations
• Knowledge of developing, documenting and maintaining an Internal Model
• Familiarity with the external financial reporting and audit process
• Detailed knowledge of longevity risk and other bulk annuity related assumptions
• Good stakeholder management skills with a proven ability to communicate and work effectively with more senior roles
• Strong work ethic and motivation, with an ability to deliver to deadlines
• Well organised and able to manage and co-ordinate regular business deliverables
• Strong written and verbal communication skills, especially in technical matters
• Coding skills in one or more of the following statistical packages: VBA, Python or R

Benefits

• Private medical insurance
• 28 days' annual leave (excluding bank holidays)
• Generous pension scheme