Join a company that is at the very forefront of change within the “At Retirement” space. Retirement Advantage are a dynamic and nimble organisation that have an exemplary track record within the market place and a reputation for being able to respond to and indeed ahead of, the market.
Having more than doubled our funds within 3 years, and successfully moved into the Solvency 2 world, we are embarking on another period of growth. We have recently restructured our senior management team and are now strengthening and deepening our capabilities in a number of key areas, specifically in our finance, actuarial and investments team.
Business and Strategic Planning is a small team sitting within the broader finance and actuarial division, reporting direct into the Group CFO. This team and therefore this role is based in our London office. The Deputy Chief Actuary teams sits in the Risk & Compliance Function providing support to the outsourced Chief Actuary. This role can be based either in our London or Worthing office.
The Business and Strategic Planning role provides vital forward-looking decision support to the CEO, CFO and the Board and focuses on projections of financial outcomes of the business which encompasses a range of activities. This includes working on balance sheet projections demonstrating solvency and capital coverage ratios, developing “what if” scenarios which show the impacts of different new business lines or investments in new asset classes. This is not a business as usual role and you can expect that specific projects and responsibilities will be dynamic, changing to meet the needs of the business, its’ shareholders and other key stakeholders.
The student who joins the Deputy Chief Actuary will be assisting in the performance of all tasks that are assigned to the actuarial function, including challenging the valuation results, experience analysis assumption setting along with calibrating the Partial Internal Model data. The role will also have responsibility for special projects and other ad hoc activities in support of the Deputy Chief Actuary in order to meet the business needs.
These are important roles for the business as we continue to strengthen our capabilities. As nearly qualified Actuaries you’ll be looking for new challenges and opportunities to really have an impact on a growing business. Beneficial experience would be working in a life office or consultancy company. For the Business Planning role experience of reserving, capital and forward projections, especially for annuity products would be advantageous. For the Deputy Chief Actuary role experience in financial reporting for annuity products would be an advantage. Knowledge of actuarial valuation systems such as Mon.et would also be useful.
You’ll enjoy working in an environment that can be fast moving and challenging and have the opportunity to be a key part of a strongly growing company. The roles both offer significant opportunity in terms of your personal development, with access to all areas of the business and interaction with senior decision makers.