Actuarial Financial Control Manager
Legal & General
- Cardiff
- Permanent
- Full-time
- Operating as an Actuarial control expert for the L&G Group to ensure that Actuarial Financial Reporting areas are appropriately reviewed and challenged in understanding the impacts of the control framework. This will include providing support and training to other members of the Financial Control team and key stakeholders within the Group.
- Ensuring completion of the FCF requirements with respect to walkthrough performance and the Design & Operating Effectiveness of actuarial processes, this will include:-
- The completion of final risk and control risk lists.
- Raising and recording appropriate issues from the design effectiveness exercise.
- Ensuring that all issues and actions are captured accurately and completely.
- Supporting with the production of relevant MI for the committee. * Risk Assessment Validation - Including the agreement and rating of deficiencies, as well as associated remediation plans. And then engaging with key stakeholders to facilitate the smooth delivery of these proposed remediation plans.
- Supporting the review of significant models and EUCs as appropriate in order to provide assurance to the Group Model and Financial Control Committee.
- Overseeing BAU deliverables including; task scheduling and ensuring the work the team completes is of the highest standard, with accuracy and attention to detail being the key drivers of success.
- Reviewing and signing-off key deliverables and managing individual capability so that the team work effectively and efficiently, with prompt resolution of issues.
- A Nearly Qualified/Qualified Actuary (or equivalent demonstrable experience)
- Demonstrable IFRS17 and Audit experience.
- A broad understanding of the Legal & General Group and its products.
- Strong understanding of actuarial processes for protection and retirement businesses.
- Experience of financial reporting risk and control frameworks is preferable, but not a key requirement.
- Strong conceptual and practical understanding of the risks and processes associated with insurance and asset management businesses.
- Ability to critically challenge technical requirements and to think outside the box to find innovative, practical and commercial solutions to problems.
- Highly persuasive on technical matters through written and verbal communications.
- The opportunity to participate in our annual, performance-related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Private medical insurance (permanent employees only)
- 27 days holiday, plus public holidays. There's also the option to buy and sell holiday
- Competitive family leave
- Participate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are the many discounts we offer - both for our own products and at a range of high street stores and online
- In 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart