Social network you want to login/join with:
Do you want to be part of something more than just a financial services business? Do you believe everyone, regardless of wealth, should have the opportunity to save and look after their loved ones? Do you want to be part of something that has been here for 160 years and help it be here for 160 more?
Scottish Friendly has an exciting opportunity to join our team. Based in Glasgow City Centre, we are one of the most progressive mutual life insurance offices in the UK. We have a strong, clear culture that has grown since 1862, with our customers and colleagues of today and the future at the heart of that growth.
This role is for an experienced Actuarial Student who is developing their skills towards becoming an Actuary and looking to broaden their experience working in the Financial and Insurance Risk Team. The role may also be suited to an experienced student or analyst who has ceased studying for the exams.
The nature and scale of Scottish Friendly’s growing business means that working within the Risk Team will provide exposure to a wide range of topics and a strong understanding of how the business operates and manages risk.
Through this work, you will build a solid understanding of the business, the inherent risks, and mitigation strategies, whilst developing communication skills through assisting with report drafting.
Key Responsibilities:
As you gain experience and progress through the actuarial qualification, your responsibilities will grow. You may be involved in oversight across the wider business, relating to investment, business processes, marketing, and customer services. This could include:
1. Working as part of the team to deliver the Pillar 2 methodology, models, and ORSA results.
2. Preparing quarterly risk reports for submission to Executive and Risk Committees.
3. Conducting in-depth risk assurance around key projects and product development.
4. Supporting the emerging risk identification process.
5. Maintaining the risk management framework, including setting risk appetite and policies.
6. Supporting the development of a clear risk culture within the business.
7. Building relationships with stakeholders across the organization.
8. Attending key committees and providing risk oversight.
9. Presenting reports to internal stakeholders.
Qualifications & Skills:
* Previous experience across a range of actuarial topics.
* Experience in the pensions, life insurance, and savings sector.
* Experience providing second-line challenge is preferable.
* Strong attention to detail, a risk-based mindset, and a passion for problem-solving.
* Ability to work independently and as part of a team.
* Experience in designing or reviewing products/providing second-line oversight is preferable.
* Modelling experience, including testing, documenting, and validating models and their outputs, is preferable.
* Good written and verbal communication skills.
With assets under management of over £5bn and more than 700,000 members, we have a lot to look after and more to achieve. If you want to be part of our team and believe you are a good fit, we would love to hear from you.
We support life inside and outside work, offering:
* Recognition awards: Win exciting prizes, including one week's annual leave plus £3,000 spending money.
* Refer-a-friend scheme: Earn rewards for bringing talented friends to our team.
* Annual Leave: 25 days (rising to 28 with service) plus 8 bank holidays, with options to buy or sell extra days.
* Supporting the future: 10% employer pension contribution, 4x group life cover.
* Getting around: Access to cycle-to-work schemes, Electric Vehicle scheme, and travel loans.
* Wellbeing: 24/7 GP access, EAP, Private Healthcare, and free legal/financial advice, along with discounts at top retailers.
Work is hybrid, with up to three remote days per week, totaling 35 hours per week, Monday to Friday.
We are committed to creating an inclusive environment where all colleagues feel valued, respected, and represented. If you require accommodations during the application process, please let us know.
#J-18808-Ljbffr