Job Description

Senior Qualified Actuary-00463

Scotland-Stirling

Full-time

DOE/Location

Description

Overall Job Purpose

To support the Actuarial Manager. The specific detail of your role will depend on the team you are in, and will be reflected in your annual objectives. This job description is generic, covering all senior qualified actuaries rather than any particular role.

Accountabilities/Responsibilities

* Review work of others for technical accuracy and compliance with internal/external requirements and approve

* Act as a recognised authority on particular areas of professional specialism, providing advice and guidance on technical matters

* Deliver a range of actuarial tasks producing results to agreed standards and deadlines and approving content

* Take responsibility for the team meeting technical standards and requirements

* Exercise commercial judgements when drawing conclusions and making recommendations

* Manage a number of projects or programmes

* Manage the day-to-day workload of the team

* Mange the performance of the individuals within the team

* Contribute towards the formation of operating plan and budgets

* Compliance - To ensure that you understand and adhere to Prudential's Code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements

* Financial Controls - Ensure all expenditure commitments (orders, contracts, budgets etc) and all payments are properly authorised, controlled and monitored, in accordance with Prudential UK delegated authority requirements. The responsibilities of expenditure authorisers are documented in the Prudential UK Financial Procedures Manual

* Performance Management - To ensure the delivery of People Management Pru and that all its processes and tools are fully utilised in managing your people

Job Dimensions - Financial

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Job Dimensions - Non Financial

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Key Interfaces - Internal

Will differ by role but likely to include:

* Business unit senior team

* Finance

* PruLab

* Internal audit

* Other functions within Actuarial

Key Interfaces - External

* FSA

* External auditors

Experience and Skills/Knowledge:

* Qualified Actuary likely to have significant post qualification experience

* Qualified Actuary with strong understanding of the Financial Services industry and regulatory environment

* Experience of financial reporting and/or actuarial modelling for a Life Assurance company

* In depth knowledge of Prudential UK operation

* In depth knowledge of the Company's products

Business Influence

* Strong commercial appreciation and attitude

* Excellent understanding of the financial dynamics of our business and how key factors influence the various financial measures

* Ability to take decisions, make things happen and overcome obstacles to completion

Problem Solving

* Good financial analysis skills and ability to determine key messages from very detailed information

* Ability to confidently express own viewpoint and to communicate financial results and complex actuarial issues to key customers in clear succinct manner

* Ability to take a problem and quickly generate a practical solution which allows for company-wide implications

Working Together

* Ability to build, organise and provide leadership for a team of specialist actuarial staff, with a variety of responsibilities

* Ability to effectively influence and liaise with senior management up to Executive Team level

* Ability to provide Actuarial input to cross-divisional initiatives

* Ability to deliver on multiple tasks to demanding timescales

* Ability to plan, prioritise, allocate resources and delegate appropriately