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Senior Actuary

Newbury/Hybrid

90k

Job Description

Wonderful opportunity for an experienced Actuary to join a cutting edge fintech, working alongside a very friendly and committed team.

The Lead Actuary will be focused on the core software part of the Business, and will hold overall responsibility for the oversight of the Actuarial function and the firm’s calculation approach.

The calculation engine, in conjunction with the asset model output, underpins most of what the client produces, therefore these responsibilities have to be formalised and purposefully assigned.

The Lead Actuary will work closely with the Propositions SMEs and Heads of Channel, as defined below:

Chairing an Actuarial Panel that will:

  • Challenge where necessary, the underlying calculation policy i.e. approach, assumptions and reasoning
  • Ensure that the policy is reflected consistently across all calculations produced
  • Provide independent challenge for the Propositions SMEs on any proposed changes to the calculation approach.
  • Provide independent challenge to any new calculations proposed by the Propositions SMEs

Convening said panel at appropriate intervals or at times of proposed change to ensure adequate challenge and independence of thought is applied to any decisions on our ‘house’ view of calculation approaches

Setting and monitoring the required standards (our Policy) for implementation and subsequent sign out for any work involving calculations;

Performing regular, documented audits that ensure all policies and procedures are being followed and ensuring the quality of any work being produced that determines our calculation output or uses our calculation output is adequate.

You will be qualified to at least AIA level, with a minimum of 5 years post qualification experience. A background in the software/systems orientated environment is needed, with a proven ability to establish a clear framework for setting standards and governance of the actuarial function within an organisation and to execute on it

You will be able to demonstrate clear stakeholder management and communication skills – both with clients and internal teams, and will have had responsibility for an actuarial function or team

This is a vital hire for the business as it develops and grows, with fantastic opportunities for the right person.

Salary depending on experience.

 

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