We are currently seeking three Actuarial Analysts to join our team in the heart of Romford. The selected candidates will support life and pension product calculations automation by testing system changes and creating non-workflow processes. Investigating potential calculation issues and calculating any redress that may be applicable to policyholders. Model actuarial calculations using Object Oriented Modelling.
Key tasks and responsibilites
Delivering accurate and compliant actuarial support to Operations and external clients to achieve and at times exceed service standards.
Reviewing system specifications and test calculation functionality when necessary.
Ensuring that non-workflow calculation processes are in place (e.g. develop spreadsheets etc).
Calculation of both complex lifecycle and non-lifecycle referrals.
Completion of regular tasks such as bonus rate changes.
Support for projects, e.g. calculation changes driven by client or legislative requirements.
System data analysis including specifying amendments to data to be carried out by the Data team
Delivering accurate and compliant actuarial support to Actuarial Production Service team BAU in order that they can at least achieve service standards
To undertake tasks and duties within any other BS&S Actuarial area as required (with appropriate support given)
To undertake any other duties as may be deemed appropriate by your Team Leader.
To ensure that regulatory and audit requirements are met. To be aware of data security from a customer and business perspective and take responsibility for the prevention of fraudulent activity.