Group Risk Actuary - Internal Model

Helping over ten million people around the world manage their savings, retirement plans and life insurance requires a lot of people behind-the-scenes. 

It’s up to us in L&G Group functions – which includes our tech and digital teams, Group Finance, HR, Risk and Corporate Comms to provide the essential support services that all areas of the business need, here in the UK and overseas. 

Simply put, we enable everyone at Legal & General to do what they do best. That means we’re helping to improve our customers’ lives, and contributing to the success of the business every day.

We have an amazing opportunity to join our Group Risk Function here at L&G as a Group Risk Actuary.

In this role you will support with the implementation of the Internal Model validation and change frameworks, so that the model is continually improved, remains suitable and compliant, and is accepted by the Prudential Regulatory Authority.

You will also support on the delivery of the Group’s Recovery and Resolution plans. As well as being an active contributor to other activities within Group Risk such as providing support and advice to promote the onboarding of risks in a commercially viable and financially sound way.

The Group’s wider activities may include projects, initiatives, business developments, planning or the ongoing monitoring & management of risks.

This is a hybrid working opportunity based from our London Offices in Moorgate, which will allow you to find a work/life balance that suits you

• Qualified Life Actuary or proven equivalent skill set.
• Good understanding of UK Prudential Regulatory requirements, particularly for Internal Models.
• Experience/knowledge of Risk, Capital Management and Governance within insurance firms.
• Excellent communication skills (both verbal and written) and the ability to communicate effectively with stakeholder at varying levels of seniority.
• Delivery focused approach with the ability to meet strict deadlines.
• Ability to take ownership of tasks and follow through to delivery.
• Ability to identify risks, issues and/or dependences, and implement appropriate remedial actions.
• Ability to build proactive relationships across functions within the Group.

• Base Salary up to £85,000
• 12% Car Allowance
• Performance Related Bonus
• Holiday Allowance – 27 days plus all UK bank holidays
• Pension Contribution – L&G match any personal contributions up to 5% and provide a further contribution of 5%
• Private Medical Insurance
• Life Insurance
• Income Protection
• Smart Spending – which gives you access to vouchers/shopping discounts.

The brand with the brolly is choosing today to change tomorrow.

Since 1836, we’ve grown to become one of the world's largest asset managers, homebuilders, pension providers and insurance brands. 

We’re all here to improve the lives of our customers, build a better society for the long term, and create value for our shareholders - helping to shape a better future for society and the planet.

We need people who share our ambitions, agility and entrepreneurial spirit to help us do it.

At L&G, you’ll find a balance that helps you be your best. Empowered by hybrid working, we’re supported by technology and workplaces that enable us to work effectively wherever we are. We come together in offices to collaborate and connect, and use time at home for individual, focused activities. And, when we achieve great things, we celebrate our success and reward strong performance.

Today, there’s over 10,000 of us, working towards our mission, with plenty of opportunities to grow your career as we grow L&G. Will you join us?

Great minds don’t have to think alike, so we welcome voices from all backgrounds. Bringing together people with different life experiences helps us build empathy with our customers and drive innovation.

We don’t just talk about it, we actively promote diversity and equitable opportunities for all. That means our employment decisions are made without regard to race, colour, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability or protected veteran status. In fact, we embrace every dimension of diversity to reflect the customers and communities we serve.

We think it’s important to create an inclusive environment where we can all belong, contribute and drive progress, where you can develop and grow, and be empowered. We want you to use your voice to help us build a better tomorrow.

We all work differently, and have different needs, which is why. we’re always open to discussing flexible working arrangements. Likewise, we’re committed to finding reasonable accommodations for candidates with specific needs during our recruiting process.

So whoever you are, wherever you are, whatever your story, we'd love to hear from you.