Senior Actuary Data Verification Manager

Job Description

Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues. Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers. Key Accountabilities • Lead a team to complete Data Verification (or other exercises such as augmentations) for existing and future Bulk Annuity transactions. • Provide effective leadership of a team of actuaries, trainees and analysts in order to optimise the performance of the team. • Provide direction and guidance to the team to ensure all actuarial principles are understood and followed in the completion of Data Verification (or other exercises). • Train and develop the skills and knowledge of the team (including providing opportunities for obtaining CPD) so that they have the expertise to achieve the business requirements. • Plan the work of the team to deliver results in a highly controlled, well governed and compliant regulatory environment. Ensure team is resourced sufficiently and appropriately (recruiting as required). • Checking and responding to internal and external technical queries with existing schemes and their advisors. • Meeting with existing schemes to manage project plans to agreed timescales and quality. • Reviewing and approving calculations to premium top up and working across teams to agree approaches to make in methodologies. • Improve the Data Verification process to increase efficiency and enhance customer outcomes at each stage of the process. • Collaborative working across Canada Life to ensure efficient systems and process are in place. • Ensure decisions taken with Customer focus, building relationships across the industry and supporting customer proposition from a pricing perspective. • Adopt and consistently act in line with our Blueprint (behaviours and strategic drivers) • Build a team that is united in purpose with a clear understanding of your team goals and how they align to company goals. Desired Knowledge / Experience / Skills • Strong technical skills and knowledge of Defined Benefit pension schemes and the legislative requirements of pension schemes. • Comprehensive understanding of the UK regulatory environment. • Able to build relationships and gain trust and respect at all levels with strong leadership skills - able to manage, develop and motivate a team of technical actuarial staff. • Demonstrates personal drive, energy, persistence and self -motivation and awareness of the part played in the wider business. • Strong communication skills (able to communicate technical and complex issues both verbally and in writing to senior audiences, including non-actuaries) • Ability to apply actuarial techniques to business problems and to see wider implications. Qualifications • Qualified Actuary - FIA What youll like about working hereAs a Canada Life UK colleague, youll receive a competitive salary and comprehensive reward package including income protection, private medical insurance and life assurance, along with a generous pension and bonus scheme. Youll also receive the support youneed with your personal and professional development. Diversity and inclusionCanada Life is committed to a diverse and inclusive workplace. Our role as an employer of choice is to provide the right environment for talented people to do their best work, by respecting, understanding and valuing individual differences. We appreciate that everyone has different work and life responsibilities. Were happy to discuss flexible working arrangements, including part time, for any of our roles should this be a requirement for.