68 jobs found

Pricing Actuary - Treaty, Partnerships & Innovation Job Summary The Pricing Actuary will provide pricing support for Chaucer's growing Treaty portfolio (Property, Specialty and Casualty Treaty) and Partnership and Innovation portfolios across London and International offices. The Pricing Actuary will work closely with other divisional actuaries across divisions to balance workload, broaden experience and facilitate consistency of approach. The Pricing Actuary will have responsibility for managing and overseeing the delivery of pricing KPI and performance reporting up to Underwriting Committee level, with the support of a direct report. The role will be strongly underwriter and client-facing, incorporating support for broker and reinsurer negotiations, individual case pricing support, leading the development of pricing models, developing portfolio analytics capabilities, supporting strategic projects and developing new pricing capabilities. The Pricing Actuary will also provide pricing support for other classes and Group-wide projects as required. The successful applicant will have strong technical pricing skills and strong project management and communication skills in order to provide effective broker and client support, manage and deliver across multiple workstreams, secure buy-in for new initiatives and provide effective reporting to the Underwriting Committee. The Pricing Actuary will be located within the Actuarial pricing team in London and work directly with the underwriting teams and other pricing actuaries under the guidance of the Head of Pricing / Reinsurance Pricing Manager / Insurance Pricing Manager. Main Duties Develop, support and provide oversight across pricing activities, working collaboratively with the Head of Pricing / Reinsurance Pricing Manager / Insurance Pricing Manager and other Pricing Actuaries. To include: Account pricing and underwriter support for broker and reinsurer negotiations Managing the preparation of quarterly reports up to Underwriting Committee level ensuring that any deviations from targets are explained effectively and succinctly Line management of one direct report Outwards reinsurance optimisation Pricing model and other tool development, in line with Actuarial pricing frameworks and technological solutions Pricing analytics and MI development and making use of available data to support risk selection and portfolio optimisation more generally Support for deep dives, model usage reviews, portfolio monitoring / steering Train underwriters in use of models, review their work and supervise model development by underwriting staff Ensure alignment of pricing with evolving exposure management practices and 'Own View of Risk' frameworks. Provide input into the development of modelling approaches where appropriate Development of a deep understanding of the Treaty classes, trends and underwriting team strategies Keep abreast of industry initiatives, provide thought leadership, develop new pricing/visualisation techniques and best practice where opportunities arise Work collaboratively with underwriters, the pricing team and underwriting management Present and share knowledge with the wider Actuarial team on pricing approaches Assistance for other pricing team activities as required Project management of more junior team members & actuarial contributions to cross functional projects Our Requirements Relevant Experience Essential: Strong London Market pricing experience Desirable: Project Management and Management experience Reporting experience to Senior Management Predictive analytics working with large datasets Technical Skills Essential: Strong IT skills, including comprehensive knowledge of Excel Desirable: Python, SQL, VBA, R Education & Experience Essential Qualified/Nearly Qualified Actuary 2.1 or 1st degree in Mathematics or Mathematics-related subject (e.g. Physics, Engineering, Statistics) 3 or more strong 'A' levels, including Maths Personal Skills Strong stakeholder and project management skills. Strong interpersonal, verbal and written skills Able to collaborate, work as a team and communicate with staff at all levels Intellectually curious and results-oriented with a strong sense of responsibility Attention to detail Self-motivated, hard-working and committed Flexible and adaptable Other Responsibilities Some travel in support of Underwriter/Client meetings and travel to Chaucer underwriting offices may be required. ABOUT US Chaucer is a leading insurance group at Lloyd's, the world's specialist insurance market. We help protect industries around the world from the risks they face. Our customers include major airlines, energy companies, shipping groups, global manufacturers and property groups. Our headquarters are in London, and we have international offices in Bermuda, Copenhagen, Dubai and Singapore to be closer to our clients across the world. To learn more about us please visit our website. Chaucer is committed to diversity, actively values difference and respects people regardless of the protected characteristics which are outlined in the Equality Act 2010 (UK legislation) as a result of the Equal Treatment Directive 2006 (EU legislation). A diverse workforce and an inclusive workplace are core to our success as a business and integral to our winning strategy and culture. We recruit from the widest available pool of talent, and our hiring, assessment and selection process is fair, free from bias and one which ensures we select the right person for the job, based on merit. We are committed to promoting a culture that actively values difference, and recognises that everyone has the right to be treated with dignity and respect throughout their employment. We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.

At Munich Re Specialty - Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products, and industry leaders working in a supportive environment to achieve this. At the heart of our success is a strong culture where people are encouraged to be present, bold, and curious, allowing them to achieve their individual goals. Head of Financial Risk We are currently looking for a Head of Financial Risk to be based in London on a full-time basis, reporting into the Head of Enterprise Risk Management. This individual will drive good industry practices in terms of identification, assessment, and management of financial risks and controls across Munich Re Specialty-Global Markets (MRS-GM) (including insurance, credit, capital, market, climate, and liquidity risk), in support of the Head of ERM, alongside the Head of Non-Financial Risk. Lead the independent validation process for the Munich Re Syndicate Limited (MRSL) Solvency II Internal Model, and confirm compliance with regulatory requirements (Solvency II and Lloyd's) in relation to the Internal Model. Responsibilities: Lead the implementation and embedding of the Financial Risk framework setting out MRS-GM approach to identification, assessment, and management of financial risks and controls in alignment with the MRS-GM enterprise risk management (ERM) framework, strategic objectives, Group, and regulatory requirements. For all MRS-GM businesses, ensure financial risk exposures and associated controls are appropriately monitored and reported on for the required management and legal entity governing bodies to ensure strong business support on key decisions, the appropriate identification and management of key and emerging risks, and compliance with Munich Re, PRA, FCA, and Lloyd's requirements. This includes: providing effective and timely risk management support, challenge, and opinions to the business including on strategic developments, change initiatives, and new products; supporting the development, implementation, and embedding of appropriate risk appetite and other metrics; supporting emerging risk assessments and scenario analysis activities; actively promoting close and harmonious working relationships across the business and developing deep subject matter expertise of specific business areas as required; reporting on the aggregate financial risk profile across MRS-GM including material risk exposures / position against risk appetite, effectiveness of associated control environment and material incidents; supporting ORSA report production process. Review and challenge of validation of MRSL's internal capital model, including risk quantification and aggregation, using established techniques and methodologies. Member and/or attendee of governance, management bodies, and committees, as appropriate and in support of the Head of ERM. Escalating high priority issues or key risks to the Head of ERM, as appropriate. Present and report on a holistic view of Financial Risks and controls to the Risk Committee and the Board. Deputise for the Head of ERM as a contact to the FCA, Lloyd's, Munich Re Group, and other parties regarding Risk Management issues, as appropriate. Knowledge and Skills Offers strong capital modelling experience and/or internal model validation experience. Extensive experience working in the Non-life/ General insurance industry, with Lloyd's and/or London market. Excellent report writing skills, experience of preparing reports and presentations for Senior management / Committee or Board review. Ability to tactfully and appropriately question and challenge the business at all levels (including Senior Management and Directors) and present considered and balanced risk opinions, findings, and recommendations. Has knowledge of Solvency II, is familiar with Lloyd's and Bank of England requirements. Quantitative university degree. Ideally a qualified actuary (FIA) from UK or other recognized body/country. If you are excited about this role but your experience does not align perfectly with everything outlined, or you don't meet every requirement, we encourage you to apply anyway. You might just be the candidate we are looking for!

Join us as a Reserving Actuary to take your career to the next level with an international market leader. This is a fantastic role for a part qualified or nearly qualified actuary who wants to progress their career. You will be on the front line and will get exposure to a broad range of senior stakeholders across the business, including the Chief Actuaries and Underwriters, and you will have the opportunity to get involved in some interesting global transformation projects. The insights you derive from reserving will drive underwriting strategy and you will have the opportunity to make a real impact on the business. Make your mark in Actuarial Our Actuaries are on the front lines, quantifying risk, pricing insurance and reserving losses for AIG's major insurance operating companies, globally. We collaborate with Finance, Claims, Operations, Marketing and Risk Management, among other functions. As an AIG actuary, you will be challenged and encouraged to reach your greatest potential to help improve how we predict, manage and mitigate risk. How you will make an impact The role involves leading the regulatory reporting activities for AIG UK and AIG Europe, in addition to overseeing the production of reserving analyses for Lex-London and other key actuarial analyses. Some of the key responsibilities include: Oversee the production of the Solvency II technical provisions and associated Pillar III returns. Lead the annual Detailed Valuation Review ("DVR") of the underlying SII assumptions (e.g. ENIDs, expenses, cashflow patterns, FMAs etc.) and communicating results to actuarial and non-actuarial stakeholders. Manage the review process with UK & EMEA Chief Actuaries and other key stakeholders. Maintain and develop key templates required for the capital model calibration process. Assist with queries and requests from the Prudential Regulation Authority ("PRA") and Commissariat aux Assurances ("CAA"). Act as the actuarial business partner for Lex-London portfolio, involving the production of reserving results and analytics to be presented to key stakeholders, including significant exposure to Senior Underwriting Management. Perform reserve analyses and peer reviews for US domiciled business across all Product Lines. Lead the actuarial reserve review for Periodic Payment Orders ("PPOs"), providing recommendations on ultimate reserves positions, IBNR and reserves uncertainty. Produce quarterly cashflow analytics used for investment management and business planning. Manage and develop junior actuarial staff. What you'll need to succeed: BS in Actuarial Science, Mathematics, Statistics, or related field Significant experience in Reserving and calculation of the Solvency II technical provisions Proven proficiency in actuarial concepts/methodologies Strong analytical and problem-solving skills Strong business and collaboration skills; responsive to service needs and operational demands Expertise in Excel, Access, VBA, SQL, or other programming languages Excellent communication, presentation, and interpersonal skills Enjoy benefits that take care of what matters At AIG, our people are our greatest asset. We know how important it is to protect and invest in what's most important to you. That is why we created our Total Rewards Program, a comprehensive benefits package that extends beyond time spent at work to offer benefits focused on your health, wellbeing and financial security-as well as your professional development-to bring peace of mind to you and your family. Reimagining insurance to make a bigger difference to the world American International Group, Inc. (AIG) is a global leader in commercial and personal insurance solutions; we are one of the world's most far-reaching property casualty networks. It is an exciting time to join us - across our operations, we are thinking in new and innovative ways to deliver ever-better solutions to our customers. At AIG, you can go further to support individuals, businesses, and communities, helping them to manage risk, respond to times of uncertainty and discover new potential. We invest in our largest asset, our people, through continuous learning and development, in a culture that celebrates everyone for who they are and what they want to become. Welcome to a culture of belonging We're committed to creating a culture that truly respects and celebrates each other's talents, backgrounds, cultures, opinions and goals. We foster a culture of inclusion and belonging through our flexible work arrangements, diversity and inclusion learning, cultural awareness activities and Employee Resource Groups (ERGs). With global chapters, ERGs are a cornerstone for our culture of inclusion. The diversity of our people is one of AIG's greatest assets, and we are honored that our drive for positive change has been recognized by numerous recent awards and accreditations. AIG provides equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories. AIG is committed to working with and providing reasonable accommodations to job applicants and employees with disabilities. If you believe you need a reasonable accommodation, please send an email to .

At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. Senior Consultant - Pensions Consulting EY is accelerating the growth of our Pensions Consulting team and are looking for self-starting, diligent individuals from a consultancy or accounting firm who can contribute to our growth plans and who wish to be part of a successful business with a strong, established brand. We offer our clients expert-led advice wherever pension risk touches their business and our team work within a multi-disciplinary environment across a number of specialist areas, including providing funding and risk management advice for corporates, and advising on buy- and sell-side corporate transactions and assisting asset managers/insurers. The opportunity We are now looking to grow our consulting business. In order to achieve this growth, we are looking for quality individuals with core pensions knowledge and who have demonstrable experience of working with and building trusted relationships including CFOs of corporate sponsors, pension managers, trustees and pension providers. We are seeking individuals with expertise in the following areas: Corporate pensions strategy Pension end-game solutions Pension risk transfer transactions Data and analytics Leveraging corporate and pension scheme data for value Pension fund operational and governance excellence ESG issues for pension funds Addressing pension aspects of corporate M&A Fiduciary management advisory Your Key Responsibilities Providing support to the senior management team with marketing initiatives Building effective relationships in the market and within the EY network Preparation of numerical and written advice, as well as liaising directly with clients Management of client projects within agreed scope and budget with minimal supervision from senior management Leading client project teams and delegating work effectively Providing pensions expertise / opinions whilst working in larger cross service line projects Helping develop team members through mentoring, feedback and training Maintaining our very high professional standards To qualify for the role you must have: Strong oral and written communication skills Consulting experience and enjoy building trusted client relationships Be comfortable with complexity and ambiguity and recognises the world is changing and will continue to change Be a self-starter, with can-do attitude and energy who is willing to try new things Demonstrate initiative and creativity Be outgoing and personable Enjoy working with people from range of backgrounds and disciplines Have knowledge of the UK pensions environment but do not need to be an actuary Have good commercial awareness Proven track record of delivering high quality work in appropriate timescales Project management skills What we offer We offer a competitive remuneration package where you'll be rewarded for your individual and team performance. Our comprehensive Total Rewards package includes support for flexible working and career development, and with FlexEY you can select benefits that suit your needs, covering holidays, health and well-being, insurance, savings and a wide range of discounts, offers and promotions. Plus, we offer: Continuous learning: You'll develop the mindset and skills to navigate whatever comes next. Success as defined by you: We'll provide the tools and flexibility, so you can make a meaningful impact, your way. Transformative leadership: We'll give you the insights, coaching and confidence to be the leader the world needs. Diverse and inclusive culture: You'll be embraced for who you are and empowered to use your voice to help others find theirs. If you can demonstrate that you meet the criteria above, please contact us as soon as possible. The exceptional EY experience. It's yours to build. Apply now. EY Building a better working world EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets. Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate. Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

In supporting the Head of Catastrophe and Climate, the candidate will show a willingness to either learn or increase their knowledge of the hydrological system within the UK context. As a business, it is important for Flood Re to demonstrate an understanding of how weather and climate may alter the hydrological balance and thus feed through into increased risk for the business. The main focus of this job will be quantifying the risk posed by extreme weather events through the production of outputs from the internal catastrophe risk modelling process. The job holder will also be encouraged to question and suggest improvements to the running of the catastrophe modelling process, as well as contribute to the validation of catastrophe risk models every three years, keeping up with market trends in the interim period and suggesting updates to the current processes. Key Responsibilities To run the quarterly catastrophe risk modelling process within Flood Re. To contribute to the continuous development of standard charts and metrics describing the risks posed to the Flood Re book. To contribute to documentation describing the validation of the catastrophe risk models used by Flood Re that will be used in order to meet our Solvency II requirements. To present on interesting topics within the field of the catastrophe risk modelling internally to the team at Flood Re. To present risk model metrics to the business in committees and meetings, advising on the changing nature of risk to the Flood Re portfolio over time. Ad-hoc tasks and pieces of analysis in order to support the head of catastrophe risk modelling and the chief actuary in order to further the Flood Re objective of transitioning out of the market in 2039. To question standard techniques and ways of thinking about problems that may subject the business to unnecessary risks. To represent Flood Re at external conferences and workshops. To help develop and promote strong working relationships between model vendors and the catastrophe and climate function at Flood Re. To ensure that the necessary quality control procedures are considered and adhered to in all work coming out of the catastrophe and climate department. To assist in analysing and interpreting UK Flood Risk across the entire market. To assist the Head of Catastrophe and Climate in support of the Chief Actuary by the production of materials as and when required by the business. Knowledge and Experience A background in catastrophe risk with experience of using at least one model vendor would be beneficial (e.g., RMS, JBA, AIR/Verisk, Fathom, Ambiental). A degree in either mathematics, geography, geophysics, hydrology, meteorology, or similar. Candidates without a degree but able to demonstrate degree-level quantitative skills and equivalent relevant experience in the field of natural hazards will also be considered. An interest in science. Some knowledge of one of the following languages: Python, R, or SQL. Experience of taking part in catastrophe risk model validation exercises. Familiarity with manipulating and organising data in Excel spreadsheets. Strong organisational skills. Experience of working with a wide variety of stakeholders. Flood Re is a world first - a collaboration between government and the insurance industry that makes flood cover in household insurance policies more affordable. You'll be joining a team of talented individuals from a variety of backgrounds, working to deliver an increasingly important social purpose. Find out more about our rewarding roles, supportive culture, and comprehensive package here.

Salaried Partner, Non-Life Actuarial - Retail and UK Commercial London or Bristol The EY UK Financial Services Non-Life Actuarial team has a track record of delivering market leading insights and value to our clients. Over the past 12 months, we have grown the UK retail (and UK commercial) part of our business through new audit wins and supporting clients in transforming their business in areas such as legal entity restructuring, replatforming and developing new pricing tools, mergers & acquisitions, market entry and reserving transformation. We are looking for an experienced Actuary who can lead and grow further our retail (and UK commercial) business, looking to build on our successes. Our UK actuarial practice is a large team with a strong and exciting growth trajectory: Our actuarial team is the heartbeat of the EY Insurance team and key to unlocking new opportunities for the retail sector - there are opportunities to work alongside other Insurance professionals with different backgrounds to support all client needs. Growing retail is a core part of our overall strategy to build on the significant investment from the EY firm to support UK retail. With support from UK leadership, we have plans to grow our footprint further in this space over the coming years. Our Motor and Household Insurance Seminars provide insights and are noted by the Retail market as a differentiator and regularly discussed by our clients' C-suites and investors. There are significant opportunities to grow the portfolio linked to pricing, actuarial transformation, claims and wider analytics. EY have a market leading transformation practice in Retail insurance and the actuarial team play an integral role in supporting this practice. We have also onboarded new Retail clients through audit transitions, which gives us access to market insights / key individuals at clients to build relationships and leverage our knowledge to consulting clients. This growth is supported by a mature portfolio of annuity reserving / Audit revenue from the wider Non-Life Actuarial team. We place a great focus on our people and offer a great opportunity to learn and develop in a collaborative environment. At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all. The opportunity The opportunity is to lead the Retail Actuarial team within EY, working closely with the UK Actuarial Partner group and Insurance community within EY. Retail has been a growth area of our business with the onboarding of a number of key audits and consulting engagements. We are looking for a leader who can consolidate and build on this growth in the coming years within the Consulting. This role offers exceptional opportunities for personal growth and advancement, to develop your wider business knowledge, and to build internal and external relationships across disciplines and across borders. Our wider actuarial team has a strong reputation in the market for bringing bespoke offerings to our clients which recognise the uniqueness of our clients' portfolios and needs. We have capabilities broader than the conventional actuarial fields of traditional reserving, capital, pricing and modelling: we also operate as part of wider consultancy projects embracing strategy, risk management, analytics, stochastic reserving, economic capital, capital optimisation, Solvency II and UK, and IFRS 17 and other prudential regime changes. We are at the forefront of these areas, with best in class tools and knowledge, built up over several years. Our business model ensures that: Our team and our people have autonomy to lead the direction of the business and win the right opportunities; We leverage the synergies of being part of broader European and Global actuarial teams; We enjoy the advantages of being part of a "Big 4 firm" with multi-service-line offerings; and Our people enjoy the benefits of being able to participate in a wide variety of actuarial and insurance work; combining audit, audit-related and non-audit projects with a global client reach. Your key responsibilities Elevate EY's Retail brand with our clients through a combination of Thought Leadership and external events. Business development; including the development of long-term trusted advisor relationships with our clients across the C-suite (CEO, CFO, CRO, and Chief Actuary). You will develop meaningful propositions around the biggest challenges in the market, lead pursuits and RFP responses. Lead large and complex engagements including audits from strategy to execution, whilst providing insights to our clients and working with other EY teams. Effectively leverage your knowledge and experience to support the delivery of key Actuarial projects, nurture valuable relationships both within EY and with clients, and develop strong capabilities through both formal training and working with senior mentors and talented colleagues. Build and lead high performing teams, coaching, mentoring and serving as a role model for our people, and supporting and fostering a positive learning culture. Contribute to the running of the Actuarial team, input into strategy and lead key initiatives. Support and lead team operations to ensure team development; feedback, strategy, counselling, finance, and recruitment. Skills and attributes for success We are looking for people with a track record of developing and delivering new business opportunities within a consulting environment. Candidates should have: Deep knowledge of the UK retail sector. Technical and Industry Expertise - Understanding of the current market and regulatory environment and how this is affecting General Insurance companies and their operating model. Strong client management skills to lead the dialogue with client project sponsors and fully manage expectations of delivery, content, timescales and cost. The ability to build and manage close clients relationships. The ability to identify and mitigate risks on engagements. Drive and enthusiasm to lead combined with a desire to collaborate, whilst making your presence felt within our collegiate team. Development of ideas - Play your part in the development of intellectual property to support sales-oriented client interaction. People - Develop people through effectively supervising, coaching, and mentoring. To qualify for the role you must have some or all of the following: Significant actuarial experience in leading-edge UK retail insurance (e.g. motor, household and/or other retail), gained through working for an insurer directly or a top tier consultancy or a specialist financial services consultancy. Strong academic record including a degree and professional actuarial qualifications (IFoA or similar). Have deep experience covering at least three of the following areas: Reserve reviews under different accounting bases for retail general insurance business; Actuarial analysis to support audits; Reserving process improvement and development work; Pricing - model development, review of segmentation and profitability, or process improvement; Development or review of Solvency II technical provisions and associated processes; The business planning process, linking reserving, pricing, claims and underwriting, or The review of Solvency II internal models and associated processes Excellent leadership and interpersonal skills with demonstrable experience of building high performing teams and nurturing talent. Awareness of the emerging technology trends within the actuarial space. Exceptional communication, presentation, business writing and professional skills, including being able to liaise with both technical and business contacts at our clients. Ability to successfully deliver multiple engagements, exceed client expectations, manage commercial aspects (e.g. contracts, billing and budgets), and manage quality and risk. Ability to engage with senior stakeholders and manage large cross functional projects. Intellectual strength / flexibility to rapidly understand complex problems and rationalise these into workable solutions which can then be delivered. Be a problem solver; tailoring what you have learnt from your experiences to date to different client problems to help design and implement the solution. What we look for We are looking for highly motivated individuals who are passionate about retail business, can apply actuarial approaches through a commercial lens and are excited to assist clients to solve difficult business problems to improve the way they operate. You'll thrive on being a numerate, rationale thinker with a passion for this field and have very strong attention to detail. You will have a passion for developing talent and take pride in the successes of your team. If you think you can meet the challenges of a focused consulting organisation, understand how to grow and lead in a large practice and work in the multi-skilled teams, we look forward to hearing from you. What we offer . click apply for full job details

Location: London Duration: 6 months fixed term contract. Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers. Support the Risk & Compliance department in delivering the desired output of a financial risk nature within the UK Division's Risk & Compliance Function. Contribute to the overall ORSA and take responsibility for workstreams within the wider ORSA Process. Support the Risk & Compliance department in ensuring that the financial risk aspects of the Enterprise Risk Management Framework facilitate effective and appropriate financial risk management across the UK Division. Key Accountabilities Supporting the Own Risk and Solvency Assessment (ORSA) process and ORSA report (or equivalent) for entities within the UK Division. Regular activities include: Design and implementation of Stress and Scenario testing (including reverse stress testing), ensuring appropriate alignment with CLG and Great-West Lifeco exercises. Reviewing and analysing the results of the forward-looking solvency assessment, stress and scenario testing and the OSNA exercise to identify conclusions and recommendations. Leading the drafting of sections within the ORSA Report. Ensuring maintenance of the ORSA Record and Stress & Scenario Testing Standard. Ensuring that the ORSA Policy is adhered to. Following up on management actions resulting from the ORSA process. Support the Head of Risk Oversight - Insurance & Capital and risk Business Partners in providing (financial risk) oversight of the first line: Reviewing UK division pricing or underwriting initiatives (e.g., assumptions review, new products, bulk annuity transactions). Review and oversight of key corporate initiatives (e.g., Finance Transformation, IFRS17, reinsurance, capital optimisation, M&A activity). Review of the business planning process. Ad hoc risk reviews as required. As a key member of the Insurance & Capital Risk Oversight team, maintaining the risk appetite framework for CLL, as part of the wider enterprise risk management framework. Regular activities include: Reviewing the Risk Appetite Framework, including enhancements to coverage and reporting. Setting of Risk Limits, ensuring they are continually aligned with the risk strategy of the business, and appropriately aligned with limits set by CLG and Great-West Lifeco. Reporting of risk exposures and associated Key Risk Indicators relative to risk appetite limits, including appropriate insight and commentary. Drafting the financial risk-related sections of the CRO Report. Co-ordinate with CLG and Great-West Lifeco in order to: Ensure alignment of Risk Appetite Frameworks and Risk Strategy. Monitor and review UK-division driven exposures within CLG and Great-West Lifeco Risk Appetite Frameworks. Adhere to oversight requirements on first line activity. Relationship-building and knowledge sharing. Support the Risk & Compliance department in managing and developing the team in order to optimise team performance. Desired Knowledge / Experience / Skills Experience in the life insurance industry. Good working knowledge of integrated risk and capital management as part of a wider enterprise risk management framework. Deep knowledge and understanding of Solvency II requirements. Experience of second line of defence risk oversight activities. Strong written and verbal communication skills, in particular of complex concepts, which can be tailored for all levels of management. Strong influencing skills, with experience of engaging with senior management in order to get desired outcome. Good interpersonal/networking skills, with the ability to maintain a variety of relationships with multiple stakeholders. Proven track record of delivering under tight time pressure. Self-motivated, well-organised, pragmatic and able to perform tasks independently. Benefits of working at Canada Life We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development. How we work at Canada Life Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward. We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That's why we offer a range of training, flexible working and opportunities to grow and develop. Diversity and inclusion Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we're making in DEI, and we continue for it to be a significant focus. "At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all." Nick Harding, Chief People Officer, Canada Life UK We appreciate that everyone has different work and life responsibilities. We're happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.

Senior Actuarial Consultant Are you interested in working on a close-knit, collaborative and knowledgeable actuarial team? Would you like to work in a consulting environment and have daily exposure to C-suite leaders of a range of multinational and Indigenous clients? Would you like to work with client managers and have responsibility for the delivery of actuarial services to a portfolio of clients? If so, this may be the role for you! You could be based in any of the following UK offices (Birmingham, Bristol, Edinburgh, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St. Albans), with a mix of home and office working. Aon is in the business of better decisions At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organization, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed. What the day will look like Your impact as a Trustee Actuarial Pensions Consultant: Advising clients on strategic pensions issues, including valuations and funding negotiations, integrated risk management, risk settlement projects, PPF levy management, member options. Leading day-to-day relationships with certain clients, with accountability for developing those relationships, for example through introducing additional services. Supporting Partners/Principals in serving larger clients and developing those relationships. Directing/project managing large projects, including valuations and factor reviews. Taking overall responsibility for quality of technical work delivered to clients, including reviewing work from the calculation support team as required. Networking within the local market. Responsibility for working in accordance with the Aon UK Limited Risk Management Framework, and compliance with the Aon UK Limited policies, including participation in the management of risks (including completion of mandatory training) that may adversely affect the business, interests or reputation of any Group Company. The role would also offer the flexibility to develop relationships with prospective clients and be involved in national thought leadership. How this opportunity is different Every day, our colleagues make a difference, work with the best, own their potential, and value one another. Together, we share this one purpose: to empower economic and human possibility around the world. This unifying goal is at the heart of our identity, and it lives in everything we do. This role offers a competitive salary and bonus, plus a comprehensive benefits package and 25 days holiday. Through our flexible benefits, you will also have the opportunity to choose additional benefits, including healthcare and additional holiday. We also offer tremendous potential with a growing worldwide organisation. We're happy to talk flexible working. If you need to flex your working pattern, Aon offers flexible and agile working policies and we're happy to discuss options with you upon application. Skills and experience that will lead to success Qualified actuary, with extensive post-qualification experience. Track record in ideally leading day-to-day client relationships and supporting Partners/Principals with larger clients. Relevant industry experience (retirement/pensions) and consulting experience coupled with sound technical capability. Strong communication and interpersonal skills, and comfortable in leading discussions with trustees and pensions managers. Self-motivating and ambitious. Able to encourage and develop other colleagues, and work well within diverse teams. Whilst having an eye for detail, also capable in advising at a strategic level. How we support our colleagues In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work and we are all for it. We call this Smart Working! Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace. Aon provides equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. We welcome applications from all and provide individuals with disabilities with reasonable adjustments to participate in the job application, interview process and to perform essential job functions once onboard. If you would like to learn more about the reasonable accommodations we provide, email .

Actuarial Consultant Are you interested in working on a close-knit, collaborative and knowledgeable actuarial team? Would you like to work in a consulting environment and have daily exposure to C-suite leaders of a range of multinational and Indigenous clients? Would you like to work with client managers and have responsibility for the delivery of actuarial services to a portfolio of clients? If so, this may be the role for you! You could be based in any of the following UK offices (Birmingham, Bristol, Edinburgh, Epsom, Farnborough, Glasgow, Leeds, London, Manchester, St. Albans), with a mix of home and office working. Aon is in the business of better decisions At Aon, we shape decisions for the better to protect and enrich the lives of people around the world. As an organisation, we are united through trust as one inclusive, diverse team, and we are passionate about helping our colleagues and clients succeed. What the day will look like The Actuarial Consultant will have the opportunity to develop relationships with clients in delivering trustee work. Responsibilities will include: Advising clients on strategic pensions issues, including benefit design, restructuring, risk management/transfer projects, funding, as well as pension accounting disclosures. Preparing actuarial valuations, funding certificates, funding proposals and actuarial statements as required under the Pensions Act 1990. Taking ownership for the quality of technical work delivered to clients, including reviewing work from more junior support team members as required. Working collaboratively on joint projects with colleagues in the general consulting, risk management and investment practices. Developing intellectual capital to support innovation and efficiencies. How this opportunity is different The Actuarial Consultant is encouraged to work autonomously to deliver actuarial services to their allocated clients while also working as part of a team with a diverse range of versatile, motivated colleagues who will support you. Client exposure within the actuarial team is second to none, providing opportunities to work with prestigious, global multinational clients daily. Skills and experience that will lead to success Qualified Actuary or part qualified with less than one year remaining. Stakeholder management experience whilst exposure to leading client relationships would be advantageous. Ideally possesses relevant industry and consulting experience coupled with sound technical capability; however, we are also interested in individuals willing to transition from non-pension actuarial areas. Strong communication and interpersonal skills, and comfortable in leading discussions at a senior management level. Ability to encourage and develop other colleagues, and work well within diverse teams. Whilst having an eye for detail, also capable of thinking and advising at a strategic level. How we support our colleagues In addition to our comprehensive benefits package, we encourage a diverse workforce. Plus, our agile, inclusive environment allows you to manage your wellbeing and work/life balance, ensuring you can be your best self at Aon. Furthermore, all colleagues enjoy two "Global Wellbeing Days" each year, encouraging you to take time to focus on yourself. We offer a variety of working style solutions, but we also recognise that flexibility goes beyond just the place of work and we are all for it. We call this Smart Working! Our continuous learning culture inspires and equips you to learn, share and grow, helping you achieve your fullest potential. As a result, at Aon, you are more connected, more relevant, and more valued. We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation. Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.

Senior Risk Actuary - Newly Created Role London - 3 days a week Are you a qualified actuary ready to make a significant impact in risk management? Join a forward-thinking organisation as a Senior Risk Actuary in a pivotal new role within the Risk department. Key Responsibilities: Matching Adjustment Oversight : Lead reviews of eligibility assessments, regulatory submissions, and trades impacting the matching adjustment fund. Second-Line Assurance : Oversee core areas such as pricing, hedging, liquidity, and capital management while ensuring compliance with solvency requirements. Reporting & Investigations : Review solvency metrics, lead deep-dive analyses, and drive improvements in reporting processes. Collaboration & Leadership : Work across teams in Finance, Investments, and Risk while mentoring junior team members and deputising for senior leaders as needed. About You: Experience : Qualified actuary with expertise in matching adjustment management, ideally with experience in a 2nd line risk or assurance role. Knowledge : Strong understanding of Solvency II, bulk annuities, illiquid assets, and regulatory requirements. Skills : Effective communicator with the ability to distill complex actuarial concepts into clear insights, challenge the status quo, and build strong relationships across the business. Attributes : Curious, problem-solving mindset with a willingness to drive innovation and change. This is an exciting opportunity to shape risk practices, support strategic objectives, and influence key business decisions. Interested? Apply today and let's arrange an informal and confidential discussion.

Head of Casualty and FinPro APM (80 - 100%) We are seeking a highly skilled and experienced individual to join our team as the Head of Casualty and FinPro (CasFinPro) Actuarial Portfolio Management. The successful candidate will lead the development and implementation of pricing and portfolio management strategies across the Casualty, Financial and Professional lines of business and manage the overall portfolio to optimise profitability and growth. This role forms part of the Actuarial Portfolio Management leadership team and will report directly to the Head of Global Actuarial Portfolio Management. You will be responsible for: Collaborate with underwriting leadership to support strategy development and prioritise execution strategies. Partner with the portfolio leader to monitor and evaluate existing and new opportunities efficiently to support both growth and remediation activity. Drive portfolio management discipline across CasFinPro, ensuring that portfolios have a long-term strategy, detailed business plan, and a monitoring framework and capability that responds to the execution of actions, pricing data, market trends and competitor behaviour. Pricing tool development: Take ownership of the Pricing framework and ensure both effectiveness and oversight. Lead the development of Swiss Re's market leading pricing models, ensure these models are calibrated accurately to reflect the latest experience and trends, and work with technology to implement these tools to support CasFinPro underwriting decision making. Develop a view on portfolio profitability reflecting the latest market dynamics, rate and loss experience. You will develop initiatives to understand the drivers of profitability using actuarial segmentation analyses and work with the business stakeholders to take advantage of opportunities and mitigate risks. Oversee risk management capabilities including: Analyse the risk reward characteristics and outwards reinsurance requirements for the CasFinPro portfolio and support the annual outwards program placement. Responsibility for capacity management planning, allocation and monitoring across the portfolio. Responsibility for exposure reporting and measurement. Team management and APM leadership: Manage a diverse team of actuaries and portfolio experts, providing mentorship, guidance, and performance feedback. As a member of the APM management you shall actively contribute to the leadership, stakeholder management and future strategy of Actuarial Performance Management. About You You are likely to be an Actuary with deep Commercial Insurance experience in the Casualty, Financial and Professional Lines space, bringing with you a combination of industry knowledge, business insight and technical skills. You are someone who can form strategies to take our vision to reality, being an advocate for driving change. You are comfortable with data and analytical management techniques and have a strong actuarial technical capability; and can both create solutions yourself, and lead and coach others to do so. You communicate clearly and simply - even when dealing with complicated problems and ideas - and you do so both orally and in writing. When interacting with colleagues of every level of seniority and experience, you are empathetic and sensitive, and you adjust your communication style to meet the needs of others. You build broad networks of colleagues with strong inter-personal relationships. You will have an open-minded, intellectually curious approach to everything you do; and you are likely someone who is continually learning from a variety of sources. Business fluency in English is needed. The role is based in London and will require some travel, but not expected to exceed 30%. About Swiss Re Corporate Solutions Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer. We anticipate and manage risks, from natural catastrophes and climate change to cybercrime. Swiss Re Corporate Solutions is the commercial insurance arm of the Swiss Re Group. We offer innovative insurance solutions to large and midsized multinational corporations from our approximately 50 locations worldwide. We help clients mitigate their risk exposure, whilst our industry-leading claims service provides them with additional peace of mind. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. Swiss Re Corporate Solutions embraces a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. Start your career journey with Swiss Re.