Description
Purpose of Role:The Actuarial Rectifications Team play a key role in ensuring that policies are managed in line with the policy provisions, policyholders' expectations and FCA requirements.
The key purpose of the role is to assist the team with additional actuarial input into a number of important projects including:
- Analysing different remediation approaches and writing options papers
- Writing calcs specs
- Building models in Excel or Access
- Testing IT models
- Performing remediation calculations for policies and checking calcs
- Handling queries relating to the use of the models
- Determining approaches to non-standard cases.
- Ensuring TCF issues, cost implications and practical constraints are taken into account when formulating solutions.
- Reviewing and writing report documents relating to the project.
Key competencies, knowledge & skills:
- Partly-qualified or qualified Actuary
- Strong technical ability in analysing problems, determining solutions and specifying calculations
- Pensions and life assurance product knowledge preferred but not essential
- Previous high profile company-wide project experience preferred
- Effective written and verbal communication skills
- Effective influencing skills
- Strong Excel skills
- Attention to detail Sthree UK is acting as an Employment Business in relation to this vacancy.