Actuary

at  LV Life Pensions

KEY ACCOUNTABILITIES

Our ideal candidate will…

• Provide actuarial support to the management of LV’s legacy with-profits business including reviews of with-profits payout methodology, closed fund run-off objectives and other projects as required.
• Offer professional advice and support to senior management on a regular basis, to include the preparation of analysis.
• Work independently and to a high standard, developing new tools and/or building enhancement to existing actuarial models.
• Take a leading role in identifying possible improvements and proposing ideas on how to implement these improvements.
• Initiate and carry out specification of new systems and procedures, ensuring systems (or processes) within the Actuarial team are supported, enabling business needs to be met and exceeded.
• Assist in delivering recommendations and solutions to business problems, by using Actuarial systems, company systems or manual methods as necessary, and in an appropriate manner.
• Recognise the technical knowledge and abilities of each customer, ensuring that all work is produced to a high standard and in a timely manner, so that outcomes of the business plan are met and exceeded.

ABOUT US

Here at LV= Life and Pensions we love to hear from great people, so don’t forget to connect with us on social media.
We’re proudly an equal-opportunity employer and we highly value diversity and inclusivity.
We don’t discriminate on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.
We’re also open to conversations about flexible working as part of your application - if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen.
Please note that we are unable to offer Skilled Worker Visa Sponsorship for this role. Therefore, you must ensure that you are eligible to work in the UK without our sponsorship in order for your application to be considered

ABOUT THE ROLE

We are looking for an experienced Actuary, with excellent knowledge of With Profits, to join our supportive and welcoming team on a fixed-term contract of 12 months.
This is the perfect opportunity for the successful candidate to utilise their technical knowledge and actuarial skills, together with financial services industry knowledge, to identify and analyse issues within the Heritage business and propose and implement appropriate solutions. This will help us adhere to regulatory requirements and ensure that business needs are met and exceeded.
The role is based at our Bournemouth office, however we’re happy to offer a flexible hybrid working model.

At LV= Life and Pensions, you’ll go above and beyond to do the right thing for our customers. We’ll reward your hard work with an attractive, competitive salary and benefits package, which includes:

• 26 days’ holiday – increasing after two years of service to 28 days
• The opportunity to buy or sell up to five days of holiday
• An annual bonus scheme based on company and personal performance
• Flexible benefits, including a cycle to work scheme, personal accident insurance, critical illness cover, private medical insurance, and dental insurance
• Competitive pension scheme - LV= Life and Pensions will double-match the amount you pay, up to 14% (subject to National Minimum Wage requirements)
• Group Life Assurance of four times your basic pay to your dependents (you’ll have the option to increase this to 8 x cover)
• Group Income Protection, if you enrol into the pension scheme and reach 5 years of service
• Employee Assistance Programme (EAP) service for support when you need it
• Virtual GP service
• Shared parental leave
• Up to 20% discount on our life products for you and your immediate family