Senior Risk Actuary

apartmentLGBT Great placeLondon descriptionPermanent calendar_month 
Pension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders.At PIC, we are recruiting for a Senior Risk Actuary to join our Risk department in a newly created role. The Risk department contributes to the overall success of the business by providing the framework and information that supports the delivery of the strategy within the acceptable limits established by the Board.You will provide primary support to our Head of Actuarial Assurance and the Actuarial Function Holder (AFH) overseeing the management of PICs matching adjustment fund, providing wider support to the Head of Actuarial Assurance, the Head of Risk Modelling and the relevant legal, regulatory and industry requirements. Skills:
  • Willing and able to develop a strong technical understanding of the complex methodology, processes and regulatory requirements with respect to the management of the matching adjustment.Good written and oral communication skills, with ability to communicate complex actuarial information to senior management, their direct reports and a range of external parties.Must be able to, or develop skills required to provide robust and credible opinions, with limited oversight.Must be able to manage self and others and communicate effectively with other areas of the business.Ability to distil information and apply judgement.Must be able to build internal and external relationships to maintain an understanding of developing practices across the market.
Desirable personal attributes aligned to what success looks like in the role: Intellectually curious with a willingness to learn through own research.Strong problem
  • solving skills utilising consultative questioning to challenge current norms and drive change within the business function.Effective communicator
  • structures insights into clear messages and effectively engages others within the business function, as well as internal stakeholders, professional and regulatory bodies.Innovative thinker
  • positive attitude to change and a willingness to embrace new ideas and techniques to improve performance.In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you will get access to some great benefits, including private medical insurance, 28 days annual leave (excluding bank holidays), a generous pension scheme and much more.
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