Canada Life UK is hiring a Senior Actuary

Canada Life UK is hiring a Senior Actuary to join our Actuarial Function Oversight team. In this role, you will provide critical actuarial, statistical, and financial insight and analysis to senior leadership, overseeing a wide range of activities including Reinsurance, Pricing, Financial Reporting, and Internal Model work.

What You’ll Do

• Provide accurate modelling, financial analysis, advice, and support to various business areas, making commercially astute recommendations.
• Lead risk analysis activity, operating cross-functionally on BAU and project work, collaborating with and influencing senior stakeholders.
• Communicate the impact of actuarial investigations and analyses to senior executives and provide clear recommendations.
• Initiate and oversee the production of regular reports and longer-term plans undertaken by other actuaries, leading continuous process improvement.
• Oversee and implement actuarial control frameworks, initiating regular reviews of controls and analysis.
• Manage, coach, develop, and motivate qualified and part-qualified actuaries to optimise team performance.

What We’re Looking For

• Fellow of the Institute of Actuaries or an equivalent qualification.
• Significant experience in the life insurance industry as a subject matter expert in multiple actuarial disciplines.
• Strong commercial awareness and understanding of business needs.
• Proven ability to understand complex statistical and financial models across a range of actuarial disciplines.
• Specific experience in IFRS17 and Solvency II financial reporting, particularly for annuity products.
• Excellent communication skills, tailored for all levels of management, including Board level.
• Strong influencing skills and experience engaging with Boards and senior management.
• The ability to develop and maintain strong relationships across the actuarial function and wider business.
• Exceptional problem-solving skills and attention to detail.
• Self-motivated, well-organised, pragmatic, and able to work independently.
• Demonstrated experience in managing and motivating a diverse team.

Team & Environment

You will lead small to medium sized teams of qualified and part-qualified actuaries and analysts. The role is part of the Actuarial Function Oversight team, which works closely with the Chief Actuary.

Benefits & Compensation

• Competitive salary and comprehensive reward package.
• Generous pension and bonus scheme.
• Income protection, private medical insurance, and life assurance.
• A range of other benefits and support services.
• Regular personal and professional development opportunities.
• Flexible working arrangements.

Work Mode

This position is based in our London office.

Canada Life UK is building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity, or any other characteristic.