You'll support the governance and implementation of actuarial methods and assumptions relating to policyholder options, and help to ensure that calculations are robust, accurate and provide fair value.

This is a hybrid working opportunity, which means you can split your working week flexibly between your home and our London office in Moorgate.

What you'll be doing:

• Assisting in the development of actuarial methods for policyholder option calculations
• Reviewing and validating tools used for policyholder option calculations
• Collaborating with colleagues to deliver system developments
• Conducting regular processes for bespoke implementation of the policyholder options basis
• Checking calculations for non-standard individual cases
• Ensuring policyholder option pricing delivers fair value for customers
• Working closely with developers, end users and change professionals
• Specifying and testing developments to policyholder option calculation tools

Who we're looking for:

• Part-qualified pensions actuary, who is making good progress through the IFoA Exams
• Experience applying actuarial principles to UK Defined Benefit pension schemes
• Good knowledge of member/policyholder options
• Experience validating, reviewing and testing actuarial systems or calculation tools
• Strong analytical and problem-solving skills
• Clear communication skills and a collaborative working style
• High level of accuracy and attention to detail
• Proactive approach with the ability to manage multiple priorities concurrently

Benefits

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:

• The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
• Actuarial Study Support
• Generous pension contribution
• Life assurance
• Healthcare Plan
• At least 25 days holiday, plus public holidays, 26 days after 2 years’ service. 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 many discounts we offer – both for our own products and at a range of high street stores and online
• We’re creating net-zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in-person experience

Additional Information

At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all.

If you join us, you’ll be part of a welcoming, inclusive 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 care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can.

It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.