LV= has an exciting opportunity for an Actuarial Analyst at either our Bournemouth or Hitchin office. You will contribute to the LV= Group through the application of actuarial techniques within the Life Retirement Pricing team, promoting the actuarial team as a recognised centre of excellence so that actuarial professional standards, regulatory requirements and the business needs are met and can be exceeded.
Becoming a Qualified Actuary is a big commitment, and we are prepared to fully support you in your work and studies to achieve that.
You might be a recent graduate or have a couple of years’ experience under your belt.
You will have:
A degree, or educational equivalent, in a mathematical subject (you will preferably have a achieved a 2:1 or higher).
Eligibility for acceptance or already a member of the Institute and Faculty of Actuaries.
If you are already employed in an actuarial role, a good track record of actuarial exams taken to date.
Demonstrable interest in actuarial work, LV= and our customers.
Demonstrable knowledge of, or interest in, current issues in Life Insurance, and Retirement in particular.
Experience with Microsoft Office, in particular Excel. Additional systems experience, preferably in Actuarial modelling tools, would be advantageous.
We recognise it can take a little time to find your feet, but we will be supporting you with the Actuarial Academy along the way. As you grow into your role you will have the following responsibilities:
Establishing and then maintaining a working knowledge of relevant systems and processes used within the actuarial function.
Contributing to the achievement of business objectives, by assisting other members of the actuarial function, in particular by providing technical support to Senior Actuarial Analysts and Actuaries, so that regulatory requirements and outcomes of the business plan are met and can be exceeded.
Working with actuarial systems and models, and manual methods, to analyse business problems and propose solutions, taking into account both technical and commercial considerations.
Recommending and supporting developments and improvements to actuarial systems, models and processes.
Communicating outcomes of actuarial work in a way which recognises the level of technical knowledge of the customer.
Keeping abreast of industry developments and regulatory changes.
Representing the team and displaying professional standards in all work carried out.
About the Rewards
This role is a Band B in the LV= Structure. To find out more about our bands, click to view our FAQ page here. We want you to love what you do that’s why we’ve put together a benefits package that recognises and rewards a job well done.
We’ll give you:
26 days' holiday – which increases after two years’ service to 28 days
a competitive pension for which LV= will pay twice the amount you pay, up to 14% (please click here to read more about it)
an annual bonus scheme based on company and personal performance
a flexible benefits package (e.g. discounted retail vouchers, great value dental insurance, childcare vouchers)
a generous 25% discount off our general insurance products including home, pet and travel. Up to 50% discount on your car insurance and up to 20% discount from our life products.