Prudential Risk Actuary
Prudential Risk Actuary
Location: Edinburgh (typically 2 days in the office per week, 3 from home)
Salary: A competitive salary from £54,800 – £82,200, depending on the experience you can bring
Closing date: Friday 1st March
Our team are focused on providing retirement and workplace savings to over 3.8 million customers. To do that we work with financial advisers and employers, to help improve people’s financial wellbeing – all while being a trusted partner.
People are living longer than ever before, and we’re excited by the opportunities this brings. As a purpose-led business, we’re focused on supporting our customers as they navigate through new stages of their lives and all the moments that matter. We’re here for everyone who wants to make the most of their time on the planet and leave it a little better than they found it – however grand or humble their ambitions.
We have an exciting opportunity for a qualified actuary to join our Prudential Risk Team within the UK Risk function. Reporting to the Prudential Risk Director, the Prudential Risk Actuary will play a vital role ensuring that Aegon UK manages its Prudential Risks in a manner consistent with the identified and agreed risk appetite. As part of a collaborative team, you will support the Prudential Risk Director by monitoring and reporting prudential risks, escalating issues and supporting policy and methodology development.
The role is wide ranging and you will provide advice and support to the business on a wide variety of topics. A key responsibility of the role is to provide 2nd line challenge, reviewing assumption setting and methodologies and proposals from the wider business functions.
We are looking for someone to join the team who can demonstrate strong interpersonal skills with the ability to influence and communicate effectively with stakeholders at all levels and explain complex matters to a less technical audience.
We’d love to hear from you if you have:
Strong analytical, quantitative and qualitative skills
Knowledge of financial markets, geopolitical risks and regulatory risks
Ability to objectively analyse and interpret a wide range of information and appropriately challenge assumptions and proposals
Good knowledge of the PRA and FCA regulatory framework
Practical knowledge of insurance related processes e.g., SII model methodology reviews & calibration, capital management, setting assumptions, experience analysis
Relevant professional experience and a qualified actuary (IFoA or equivalent)
What’s in it for you?
A non-contributory pension between 8%-12%
A discretionary bonus, depending on personal and company performance
34 days leave per year (including bank holidays, pro-rated for part-time)
We also offer private medical cover, life assurance, critical illness cover, enhanced parental leave and a variety of lifestyle benefits to help our staff live their best lives, including retail discount vouchers, cycle2work scheme, subsidised restaurant and online GP appointments.
Join our team and be part of something special – Apply now.
The legal bits
We’ll need you to confirm you have the right to work in the UK. If we offer you a job and you accept, there are some checks we need to complete before you can start with us. This will include a credit and criminal record check, as well as providing satisfactory references.