Canada Life UK
Member Options Team Lead
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Description
Location: Bristol, London or Watford office
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
There is an opportunity for a qualified actuary to join our growing Bulk Annuity Operations team at Canada Life, a business with a growing presence. This role offers the chance to play a meaningful part in the next phase of our growth by managing a team, developing a scalable bulk annuity proposition for the future and supporting key client relationship management. It provides an excellent opportunity to combine strong technical DB skills with team leadership and stakeholder management, and to have a real, visible impact on outcomes for both our customers and our business.
Key Accountabilities
- Managing a team of actuaries and analysts to produce and review quotations.
- Automating calculations to enable members to self serve as they approach retirement.
- Reviewing legal agreements and contributing to contract negotiations with external stakeholders.
- Supporting business development and relationship management meeting with clients where appropriate.
- Managing stakeholders and ensuring compliance with risk governance.
- Keeping abreast of industry issues and developments to ensure the business processes and strategies are in line with the industry.
- Provide appropriate support to managers and others to implement recommendations/facilitate change to support the requirements of the business.
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Desired Knowledge / Experience / Skills
- Strong knowledge of UK Defined Benefit pensions
- Familiarity with bulk annuity market and products
- Experience of managing stakeholders
- Strong communication skills (able to communicate technical issues to senior people including non-actuaries)
- Understanding and ability to implement/maintain an actuarial control framework
- Qualified actuary
Benefits Of Working At Canada Life
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that’s regularly reviewed. As a Canada Life UK colleague, you’ll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance. We have a fantastic number of other benefits and support services as well as regular personal and professional development.
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How We Work At Canada Life
Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.
We want colleagues to have rewarding careers with us so we invest in the development of our people, technology and workplaces. That’s why we offer a range of training, flexible working and opportunities to grow and develop.
Diversity and Inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we’re making in DEI, and we continue for it to be a significant focus.
“At Canada Life we believe in the power of great people from different backgrounds, experiences and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.” Nick Harding, Chief People Officer, Canada Life UK
We appreciate that everyone has different work and life responsibilities. We’re happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for you.
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