Team roles and responsibilities: IFRS- IFRS review and analysis- IFRS sign off governance for actuarial result. - Management earnings (base / non-base earnings) – Net investment result analysis- Financial Sensitivities compilation and review. - UKGAAP quarterly estimate for tax calculations SII- OF and SCR PLA analysis- BEL review and analysis- SCR calculation (this is partially split with production)- SII sign off governance for actuarial result- QRT production (1 QRT quarterly and a number for Annuals)- MA PLA analysis and sign off- SFCR actuarial related disclosures LICAT (Canadian Regulatory measure)- A number of template submissions to Canada: o IRR - (Interest rate risk)o CER – (Equity risk) o Insurance risks- Overall analysis of the LICAT ratio - In the future, analysis for splitting ratio between base / non-base earnings (currently performed by AFO). - LICAT sign offUKGAAP- Tech provision analysis (inc. Margin for prudence and review of the illiquidity discount rates - as this is adjusted from SII). - Financial statement notes - Analysis for board papersSkills profileKey Responsibilities • Consolidate, validate and analyse actuarial results across IFRS, Solvency UK, LICAT and UK GAAP reporting bases, identifying and explaining key drivers of movement. • Produce high-quality reporting, commentary and management information to support Executive, Board and regulatory reporting requirements. • Prepare and review profit, liability, capital and risk analyses, ensuring outputs are accurate, complete and insightful. • Support governance and sign-off processes by preparing review packs, reconciliations, documentation and evidence to support key actuarial reporting decisions• Contribute to regulatory and statutory submissions, including templates, disclosures and reporting schedules. • Develop and maintain robust controls, documentation and audit trails across the reporting process. • Work collaboratively with Modelling, Production, Finance, Investment and Risk teams to understand results, investigate issues and deliver reporting requirements.• Identify opportunities to improve, automate and simplify reporting processes, enhancing efficiency and reducing operational risk.
Core Skills• Strong numerical and analytical capability.• Ability to interpret complex actuarial and financial information and explain key drivers of results.• Good understanding of actuarial valuation, capital and financial reporting concepts.• Ability to reconcile and validate results across multiple reporting bases and datasets.• Advanced Excel and data analysis skills.• Strong attention to detail and ability to work with large and complex datasets.• Understanding of reporting controls, governance and documentation requirements.• Ability to communicate technical findings clearly to both actuarial and non-actuarial stakeholders.Core Competency: Insight & Problem Solving• Demonstrates curiosity and a strong desire to understand the underlying drivers of results.• Able to connect the dots across multiple reporting metrics, reporting bases and business activities, identifying relationships, emerging trends and explaining the wider business impact.• Investigates unexpected movements, identifies root causes and assesses implications.• Applies sound judgement when analysing issues and proposing solutions.• Translates complex actuarial outputs into clear, meaningful insights for stakeholders.