Actuary
- Recruiter
- Prudential UK & Europe
- Location
- Stirling
- Salary
- Competitive
- Posted
- 01 Jul 2019
- Closes
- 29 Jul 2019
- Sectors
- Business Opportunities
- Contract Type
- Permanent
- Hours
- Full Time
Description
Working with M&GPrudential as an Actuary means becoming part of a brand with a global reputation and an exciting vision: to become the best loved and most successful savings & investments business.
The forthcoming planned de-merger of M&GPrudential from the Prudential Group PLC provides a terrific opportunity to create a truly international and integrated savings and investments firm. A firm built on a rich and long history and with a commitment to an innovative future centred on the needs of customers and clients. There is a genuine opportunity to drive competitive advantage with value creation through the formation of this new organisation.
If you're inspired to join us, and have the necessary qualities, then this could be the opportunity you've been looking for.
The Role:
This role sits within the Actuarial Valuation Policyholder team within the wider Prudential UK Finance Reporting team. The role holder will be expected to contribute to supporting the financial strength of the business by successfully balancing the competing demands of commerciality and prudence in a well governed and controlled environment. In addition the role holder will be expected to contribute to the creation of an agile team which is responsive to changing market conditions and customer requirements and the delivery of efficient and optimised processes.
This role requires a qualified actuary who has practical experience of Solvency II and IFRS financial reporting, ideally for with-profits business. The focus of the role is that of a technical specialist at this level that will either be taking accountability for components of a complex process or designing and developing new or improved solutions to meet business objectives.
The role will include the opportunity to:
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Develop an understanding of the management of the policyholder balance sheet.
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Develop a deep knowledge of the business through the financial reporting and ongoing solvency monitoring.
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Develop an understanding of how the commercial and regulatory environment impacts the company's solvency position
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Work with colleagues across with other areas within Finance and Risk to support delivery of financial reporting in line with regulatory deadlines.
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Deliver and develop the analysis and reporting of valuation results; working closely with the Shareholder valuation team to ensure results are well-explained and accurately communicated to senior stakeholders
Key Responsibilities:
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To produce and be accountable for the technical accuracy of financial information to support the production of actuarial analysis and reports.
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To provide specialist technical advice and guidance on the application of actuarial principles and tools to support business objectives, coaching and guiding less experienced members of the team.
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To provide technical expertise to design technical solutions as part of change projects within Prudential UK Finance Reporting where required.
You will have:
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Excellent technical actuarial knowledge, with attention to detail
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Motivated and willing to take responsibility and ownership of the work assigned
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Demonstrable experience of problem solving and providing practical solutions to complex problems
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Commercial aptitude and the ability to consider the impact of decisions
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Strong commercial and collaboration skills
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Ability to express own viewpoint and to communicate clearly on complex actuarial issues
Knowledge of the business and/ or with-profits Solvency II and/ or IFRS financial reporting experience would be an advantage, however on-the-job training will be provided to successful candidate.
People who work at M&GPrudential agree that ours is a great place to work with a brilliant team spirit. It's also an innovative, high-performing, commercial environment that's totally focused on customers. As an M&GPrudential colleague you'll get all the support you'd expect, including full training and professional development. You'll receive a competitive salary and reward package. And in a fast-changing world, you'll join an organisation that's leading the way in helping customers achieve their long-term financial goals.
M&GPrudential is committed to a diverse and inclusive workplace. Our role as an employer is very simple - to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences.
We welcome applications from individuals who have taken an extended career break, and we are willing to consider flexible working arrangements for all of our roles.
Recruiter: Frazer Wilson
Location: Stirling or Edinburgh
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Job Posting-09-Jul-2019, 10:41:29 AM