Reporting Actuary
- London
- Full-time
- Actuary
__jobinformationwidget.freetext.ExternalReference__
2609_02662
This vacancy has now expired. Please see similar roles below...
Legal & General looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK’s longest-running insurer.
Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes and their advisors to help them secure and protect scheme members’ retirement benefits.
Joining us means you’ll support customers’ financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises.
We’re recruiting for a Reporting Actuary to join our Institutional Retirement division here at L&G.
In this role you will be responsible for the production of effective, efficient and accurate reporting of New Business within the Institutional Retirement Finance team. You will also provide high-quality results, supporting analysis & commentary and make certain that appropriate controls are in place to ensure sound actuarial management and control of risks.
This is a hybrid working opportunity that will allow you to work flexibly between your home and our Central London Offices, to find a work life balance that works for you.
What you'll be doing:
- Owning the output of specified New Business financial metrics and analysis, including the delivery of these in a timely and accurate manner.
- Proactively supporting other reporting actuaries to ensure that we meet the needs of our customers. Ensuring that reporting decisions are documented and receive the appropriate level of governance.
- Representing Institutional Retirement Finance for financial reporting and related new business MI within the company appropriately. This includes building and maintaining effective relationships with stakeholders including PRT Pricing, PRT Client Services, Group Finance Reporting Centre, Technical Accounting, other Institutional Retirement Finance teams and auditors.
- Ensuring that communication is clear, concise and tailored to the needs of the relevant stakeholders and that deliveries continue to meet the ongoing needs and quality expected by those stakeholders.
- Effectively planning activities required for assigned deliveries, including allocating resources to meet the needs of the stakeholders. This will include maintenance and development of reporting processes too.
- Taking direct responsibility for managing junior employees and being a role model to employees at all grades across the wider reporting team. This will include active engagement in coaching and motivating employees in a manner consistent with the Company’s policies and procedures.
- Leading the development, implementation and maintenance of the team’s reporting and analytic systems, and processes. Ensuring that systems and processes are robust, with any associated risks assessed and appropriately controlled.
- Demonstrating an attitude of continuous improvement, by taking responsibility for improving the efficiency and effectiveness of specified areas within the team.
- Support the Head of New Business Reporting and other senior reporting actuaries in the prioritisation and implementation of system, process and methodology changes as required for the ongoing production of financial results and analysis. Which will include working closely with other teams within Institutional Retirement Finance and teams such as PRT, Client Services and Group Finance to support the wider change agenda.
- Demonstrating a risk and control mind set through proactive identification of control weaknesses, and ensuring that all such weaknesses, as well as other control observations and issues are remediated quickly, sustainably, and effectively. And working with the Financial Controls team to ensure that relevant risk and control related documentation is good quality and up to date.
Who we're looking for:
- Qualified Actuary with previous experience in Life Insurance.
- A good understanding of; Reporting Metrics (such as IFRS 17 and Solvency UK), Bulk and Individual Annuity products, the UK Finance Sector, Risk and Regulatory requirement and Insurance Accounting.
- Previous IFRS 17 and Solvency UK Reporting experience.
- Strong analytical skills with the ability to review results for reasonableness.
- Previous team management, stakeholder management and mentoring experience.
- Good communication and interpersonal skills.
- Experience in reviewing processes and implementing improvements.
Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- A competitive salary, plus car allowance
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance
- At least 27 days holiday, plus public holidays. There’s also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are the many discounts we offer – both for our own products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Legal & General is a leading financial services group and major global investor, named Britain’s Most Admired Company in 2023, for the second year running. Rated top in our sector and top for inspirational leadership, we have a strong heritage and an exciting future.
We aim to build a better society for the long term by investing our customers’ money in things that make life better for everyone.
If you join us, you’ll be part of a welcoming culture, with opportunities to collaborate with people of diverse backgrounds, views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We strive to be open, mindful and inclusive, so are always willing to discussing flexible working arrangements and reasonable accommodations for candidates with specific needs.
If you’re open to find out more, we'd love to hear from you.
Great news! We will let you know when a new job like this has been added!
VideoUrl
https://youtu.be/8ZYGBwImH08
Our businesses
There’s so much more to us than meets the eye. We’re insurers, investors, builders, city-regenerators and green technology champions. And whatever the future holds, our people’s knowledge, skill and passion will mean we’re placed to make a real difference to society.
Read MoreWorking for us
Here, your actions and ideas come to life in exciting and meaningful ways. Ours is a story of evolution, a journey we can go on together. Ours is a culture of trust and collaboration, genuinely caring about society and one another. At Legal & General, your story will be anything but familiar.
Read MoreSimilar roles
Salary
Location
London
Business Unit
Legal & General Investment Management
Job Family
IT & Change LGIM
Location
London
Full Time/Part Time
Full-time
Permanent/Fixed Term Contract
Permanent
Description
Are you ready to be the driving force behind transformational change at L&G Asset Management? As a Business Change Manager, you will play a crucial role in shaping and prioritizing new transformationa
Reference
2e3839ca-f098-4631-a333-f8395dee1b19
Expiry Date
01/01/0001
Salary
Location
London
Business Unit
Legal & General Investment Management
Job Family
Property Investment Management
Location
London
Full Time/Part Time
Full-time
Permanent/Fixed Term Contract
Permanent
Description
Are you passionate about shaping the future of infrastructure investment? At L&G, we’re building a world-class Private Markets platform, and we’re looking for a strategic thinker and collaborative lea
Reference
fd1cbdfc-313a-4159-9f50-3ccbe6d66aad
Expiry Date
01/01/0001
Salary
Location
London
Business Unit
Legal & General Investment Management
Job Family
Marketing LGIM
Location
London
Full Time/Part Time
Full-time
Permanent/Fixed Term Contract
Permanent
Description
We’re recruiting for a Senior Corporate Communications Executive to join us. This role in L&G’s Corporate Affairs focuses on external communications for Asset Management, a major global investor with
Reference
b0c206c5-99b3-40fd-9c6e-1f7f3bfca5d4
Expiry Date
01/01/0001
Our latest posts

Teaser
GeneralContent Type
BlogPublish date
05/29/2025
Summary
London has long been a magnet for ambition, a global city where industries evolve, opportunities multiply, and careers are built. There’s something for everyone, from experienced professio

by
Enrique Rodriguez

Teaser
Customer Service & SalesContent Type
BlogPublish date
05/29/2025
Summary
At Legal & General (L&G), customer satisfaction is our top priority. It’s more than answering questions. It’s about making a real difference in people’s lives. From the Pensions Helpline to Grou

by
Enrique Rodriguez

Teaser
Executive LeadershipContent Type
BlogPublish date
04/25/2025
Summary
The traditional top-down leadership model is becoming increasingly obsolete. In today’s complex, fast-paced world, the most effective leaders are collaborative, emotionally intelligent, and, most i

by
Enrique Rodriguez

Teaser
Finance & ActuaryContent Type
BlogPublish date
04/24/2025
Summary
In an era where data drives decision-making across every industry, the role of the actuary is evolving at an unprecedented pace. At Legal & General, we recognise that the traditional actuarial

by
Enrique Rodriguez

Teaser
Technology, Digital & DataContent Type
BlogPublish date
04/24/2025
Summary
Digital transformation is no longer a future ambition; it’s a present-day imperative. As organisations accelerate their adoption of emerging technologies, the role of IT professionals has

by
Enrique Rodriguez

Teaser
GeneralContent Type
BlogPublish date
04/02/2025
Summary
At L&G, we pride ourselves on putting our people first and caring about every individual and their future. That’s why we offer a range of employee benefits, to help you manage your money, your h

by
Enrique Rodriguez
.jpg)
Teaser
InvestmentsContent Type
BlogPublish date
04/02/2025
Summary
Private markets are no longer a niche asset class; they’ve become a cornerstone of modern investment strategies. As traditional public markets face increasing volatility, institutional investo

by
Enrique Rodriguez

Teaser
Our peopleContent Type
BlogPublish date
03/06/2025
Summary
At L&G, we are proud to celebrate International Women’s Day 2025 by highlighting the incredible women driving innovation and excellence in data. While progress has been made, women remain underr

by
Enrique Rodriguez

Teaser
Future TalentContent Type
BlogPublish date
02/13/2025
Summary
Apprenticeships at L&G Apprenticeships aren’t just an entry point into a career. They’re a way to continuously develop, explore new opportunities, and gain new skills needed for a successful future

by
Enrique Rodriguez

Teaser
Technology, Digital & DataContent Type
BlogPublish date
01/24/2025
Summary
Data Analysts play a vital role in turning information into actionable insights, helping businesses make smarter decisions and drive progress. At L&G (Legal & General), our Data Analysts are at

by
Enrique Rodriguez