Job Description
We’re recruiting for a Matching Adjustment Advisor/Actuary to join the MA team in our Institutional Retirement division.
In this role, you’ll work collaboratively across finance, actuarial and wider business functions to strengthen our Matching Adjustment (MA) permissions, enhance key processes and help ensure ongoing MA compliance. You will also directly support our New Business, Structuring and Investments teams, who rely on high‑quality MA advice to support delivery.
This role is a Hybrid working opportunity, which will allow you to split your working week between your home and our London office to find a work- life balance that works for you.What you'll be doing:Collaborate with wider teams to make sure that changes to MA requirements are implemented effectivelyRun and improve the MA attestation framework – this is an annual process to confirm to the Group CFO that the MA benefit within our Solvency II balance sheet is appropriateRun and improve the MA confirmation framework – this is an annual process to test and evidence MA complianceMonitor MA metrics and arrange for MA application data to be updatedReview and improve MA controls, run the MA escalation framework, review and resolve potential breachesDevelop and improve MA ORSA processesMake sure that MA related risk reporting is integrated and streamlined
Qualifications
Who we're looking for:A qualified actuary, accountant, or CFA (we are also open to part-qualified if they have suitable relevant experience)Experience working in Life Insurance/PensionsKnowledge of Solvency II and the ability to understand the MA regulatory framework in detail and apply it to business needsStrong written and verbal communication skills, including structured report writingAbility to build and maintain effective stakeholder relationships, including with regulatorsA collaborative approach and confidence influencing othersStrong analytical capability with attention to detail and a commitment to producing accurate outputsCuriosity about the wider business and a delivery‑focused mindsetWhatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:The opportunity to participate in our annual, performance -related bonus plan and valuable share schemesGenerous pension contributionLife assuranceHealthcare PlanAt least 27 days holiday, plus public holidays. There’s also the option to buy and sell holiday Competitive family leaveParticipate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrificeThere are the many discounts we offer – both for our own products and at a range of high street stores and onlineIn 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart
Additional Information
At L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.
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