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Defined benefit - systems actuary

Hove
Legal & General
Posted: 15 July
Offer description

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Job Description

We’re recruiting for a Systems Actuary to join our multi-award-winning Pension Risk Transfer business. We’re offering a competitive base salary, 12% car allowance, and a great benefits package, as well as the opportunity to provide pivotal actuarial input and support to various systems and processes used within our PRT business.

You will be responsible for ensuring the accuracy and efficiency of our systems and working on continually improving these on an iterative basis, so we can continue to provide our customers with great outcomes and retain our position as a market leader in this sector.

If you have a passion for technical excellence and a collaborative approach, we would love to hear from you. This role is based at our idyllic Hove Office on the South Coast with a hybrid working arrangement, allowing you to split your week between home and the office to find a work-life balance that suits you.


What you'll be doing:

* Providing actuarial and technical support to manage calculation changes to the DB onboarding systems and claims calculators
* Leading the planning, design, and delivery of actuarial and calculation changes for these systems
* Mapping existing processes for improvement and presenting alternatives
* Writing technical actuarial specifications for new systems
* Maintaining and developing test/regression packs for system releases and improvements
* Providing PRT scheme, actuarial, calculation, and data expertise to various teams
* Analyzing feedback to ensure customer expectations of performance and service are met
* Training and supporting the wider team, helping with their development


Qualifications

Who we're looking for:

* Qualified Actuary with a good understanding of DB Pensions
* Strong experience in technical system development
* Programming experience preferred (VB, JAVA, C#)
* In-depth understanding of defined benefit pension schemes
* Excellent problem-solving, analytical, and financial skills
* Proven ability to build effective relationships in complex environments
* Strong communication skills with the ability to explain technical information to a non-technical audience and vice versa
* Excellent interpersonal skills with the ability to engage and influence a broad range of individuals


Benefits

Whatever your role, we reward performance and behavior with a package that looks after all the things that are important to you. Here are some of the benefits we offer:

* The opportunity to participate in our annual performance-related bonus plan and valuable share schemes
* Generous pension contribution
* Life assurance
* Healthcare Plan
* 27 days holiday, plus public holidays, with options to buy and sell holiday
* Competitive family leave
* Participation in our electric car scheme, offering employees the option to hire a brand-new electric car through tax-efficient salary sacrifice (permanent employees only)
* Discounts on our products and at various high street stores and online
* Redesigned workspaces in 2023, fostering connection, collaboration, and wellbeing


Additional Information

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. Joining us means being part of a welcoming, inclusive culture with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Our leaders care about your future and wellbeing, and we support your career development through various initiatives.

We value outcomes over attendance and are open to flexible working arrangements, including part-time, term-time, and job shares, depending on role requirements. Don’t worry if you don’t meet every criterion; consider your strengths, potential, and how you can contribute to our purpose.

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