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Job description





    Company Info

    Working here is about being there for our customers; we're available should the worst happen and we work together to enable social and financial equality across the UK. But it's also about you -how you develop and what you can achieve. We'll help your talent thrive in an environment where you'll be supported to work flexibly and autonomously, sharing in our success and rewarded for a great performance with a generous benefits package.


    Department Info

    With around one million customers, our retail business helps turn customers' pension savings into lifelong retirement income and our corporate business looks after our defined benefit pension schemes ensuring they are effectively managed to protect against risk and achieve their maximum potential.

    We are an equal opportunities employer and welcome applications from all suitably qualified persons regardless of their race, sex, disability, religion/belief, sexual orientation or age.


    Job Duties

    • Provide analysis and validation on the asset movements supporting the quarterly Group capital calculation, supporting both Solvency II & Economic Capital disclosures
    • Support the analysis and validation on the asset movements supporting the quarterly/monthly Risk Management & MI metrics
    • Analysis and implementation of new asset classes & portfolios & subsequent effect on the business unit capital re...

Before you apply, we encourage you to learn more about Legal & General

Be unique. Be authentic. However you prefer to say it, we really mean it. Our culture embraces people’s diverse perspectives and creates a positive environment where everyone belongs. We’re determined to build a better, more connected world for everyone.

Articles you might like

  • Analysis and implementation of new asset classes & portfolios & subsequent effect on the business unit capital requirements
  • Define model expectations based on analysis of portfolio & market movements & their effects on the models used
  • Present validation reports to Business Unit Finance areas, Senior Management & Group Committees
  • Liaise with investment strategy teams to forecast capital requirements on investment decisions & assess portfolio capital efficiency
  • Advise team members and customers on complex issues surrounding risk management analytics
  • Ensure that the principles of Conduct Risk are embedded into your day to day operations to deliver good customer outcomes at all times. Ensure that all business processes and internal controls within your role are designed and performed in a way that delivers good customer outcomes and demonstrates effective management of Conduct Risk


Skills Required

Qualifications

Qualified/Nearly Qualified Actuary or CFA or Bachelor's degree in Actuarial Science, Finance, Math, Economics or related discipline

Knowledge:
  • Exposure to asset pricing and modelling with an understanding of the capital impact of asset stresses on different types of Insurance businesses
  • General knowledge of a wide range of asset classes covering FRB, FRN, ABS, Equities, Property, CPI/RPI bonds & derivatives (IRS, Inflation linked swaps, Options, Swaptions)
  • Knowledge of equity release products
  • Life-insurance experience in with-profits or annuities business divisions; alternatively experience in other equivalent risk-management organisations
  • Financial reporting processes and metrics employed in the insurance industry : Economic Capital, Solvency II, IFRS, ALM
  • Life and Pension products, Bulk and individual annuity products
  • Exposure to of Solvency II requirements, including Matching Adjustment knowledge

Skills:
  • Strong documentation experience to Solvency II standards
  • Strong oral and written communication skills
  • Proven ability to address and use initiative to deliver solutions to technical and business problems
  • Proven analytical skills with the ability to review results for reasonableness
  • Experienced use of Microsoft Excel, including VBA
  • Some exposure to Unix environments and Python
  • Knowledge of software development and / or support with experience of project life cycles
  • Knowledge of BAU and the necessary attitude towards Live Production systems


Benefits

Whatever your role, we reward ability, performance and attitude with a package that looks after all the things that are important to you. Our employees have a wide range of benefits including a generous pension scheme, life assurance, 25 days' holiday (plus one day after two years), private medical insurance, performance related bonuses, a variety of share schemes, discounts at both a huge range of high street stores and our own great products, your hard work will be rewarded when you join us.


Job Sector
Strategy & Consultancy
Job Position
Business Analyst
City/Town
London
Address
London, UK Show on map
Post date
Closing date

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