Location
London.
About Canada Life UK
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.
Job Purpose
This role would be to join the actuarial student scheme at Canada Life. The scheme is designed to provide a breadth of experience to those studying towards Fellowship of the Institute and Faculty of Actuaries (or equivalent) through rotations to different areas of the business. The first rotation for this role will be within the Capital and Liquidity team, within the Chief Actuary team. Rotations usually last 18 to 24 months, and subsequent roles would likely to be based in an actuarial team — e.g. pricing or valuation.
Key Accountabilities
* Contribute to determining and managing the regulatory (Solvency II and LICAT, which is the Canadian solvency regime based around IFRS17) and economic capital requirements.
* Contribute to an effective Enterprise Risk Management (ERM) Framework by producing Stress and Scenario Testing (SST) analyses, capital projections and sensitivities on a range
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