Actuarial Analyst

LV= Life and Pensions have an excellent opportunity for an Actuarial Analyst to join the team on an FTC basis in Bournemouth. This would be an excellent opportunity for someone either looking to start their career as an actuary, or someone with limited experience looking to develop and learn new sills. It’s an exciting time to join LV= as we write the next chapter in our long history as a successful Life and Pensions business.

Your new role will be to contribute to the LV Group through the application of actuarial techniques so that regulatory requirements and the business needs are met and can be exceeded.

About you

Essential:

• An excellent academic track record – a first or upper second in a mathematical/science/finance subject or equivalent
• Eligibility for Institute and Faculty of Actuaries (IFoA) membership
• A basic knowledge of actuarial processes and systems
• Attention to detail and a quality oriented mind-set
• Good communication and interpersonal skills
• Highly motivated with ability to work on own initiative
• Proficient in Excel to an intermediate level is essential as a significant amount of work is spreadsheet based
• An aptitude for mathematical calculations and computer programming

Desirable:

• A fuller understanding of actuarial processes.
• An understanding of Python and DCS modelling systems
• An understanding of experience analysis methodology .

Details

• To work with the team to ensure all experience analysis requirements are met on time, are free of material errors and have appropriate controls. The key deliverables for the team are the production of the results that feed the Life Experience Analysis Forum (LEAF) which recommends basis changes .
• To contribute to the achievement of business objectives, by providing technical support to Actuaries and Senior Actuarial Analysts so that the regulatory requirements and the outcomes of the business plan are met and can be exceeded.
• To set up experience analysis methodology and models to a specification provided or agreed by an Actuary or Senior Actuarial Analyst
• To identify & propose possible improvements to systems, calculations and processes, and work with the team to ensure these are implemented
• To liaise with data teams as appropriate to ensure that any data issues identified do not have a material impact on reporting requirements
• To support the team user test any admin system or data changes and their impact on team processes
• Contribute to the achievement of LV business objectives by assisting colleagues across the Group as required

LV= has a strong track record of training successful business leaders through the actuarial career path and you are no exception. As part of our Actuarial Academy, we provide comprehensive support for your studies including funding distance learning materials, face-to-face and virtual learning support, exam fees, IFoA membership and study time. In addition, LV= provides study mentoring and regular personal and professional development opportunities, both on the job and through organised training.

Rewards and Benefits

This role is a Band B in the LV= Structure.

At LV= Life and Pensions, you’ll go above and beyond to do the right thing for our customers and we’ll reward you with an attractive, competitive salary and benefits package in exchange for your hard work.

• 26 days’ holiday – which increases after two years’ service to 28 days
• The opportunity to buy or sell up to five days’ holiday
• An annual bonus scheme based on company and personal performance
• A fantastic flexible benefits package (e.g. discounted retail vouchers, local discounts, cinema discounts)
• Cycle to work scheme
• A competitive pension for which LV= Life and Pensions will double match the amount you pay, up to 14% (please click here to read more about it)
• You’ll receive up to 20% discount on our life products for you and your immediate family.

We’re also proud to say we’re an equal opportunity employer and value diversity and inclusivity at our company. We do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We’re also open to conversations about flexible working as part of your application - if it’s right for our customers, our business and for you then we’ll do everything we can to make it happen.