Average Actuary salary in Edinburgh

Company Lutine Bell are supporting a highly prestigious Pensions Consulting firm who have seen an uptake in client demand, they are now seeking to build their Actuarial teams as a result. In particular the company are keen to speak to Actuarial analysts in the Pensions industry who are keen to move into a modelling role. Role You will be leading a team build new Excel models on the UK Defined Benefit Pension Scheme practice.Regularly review and validate existing modelsAbility to resolve complex modelling cases relating to pension scheme specific features. Requirements Relevant Pensions experienceOpen to candidates who are taking/not taking Actuarial examsUnderstanding of valuing UK Pension Scheme defined benefits.

Head of Actuarial Reporting (ERM and BPA) Up to £110k + excellentbenefits including up to 60% bonus. Permanent Hybrid working from Birmingham, Edinburgh, or London. Lorien's client, a market leading Financial Services organisation, are currently looking for a new Head of Actuarial Reporting to lead an established team in the onboarding of new Equity Release Mortgages (ERM) and Bulk Purchase Annuities into actuarial reporting processes (BPO), leveraging tactical and strategic modelling solutions to enable initial recognition and long-term efficient and robust reporting. The team is mid-way through a restructure and this Head Of position will lead the team to the new world, becoming more agile so offers a great opportunity to affect real change whilst having exposure to key Senior Stakeholders, therefore being a great opportunity for a candidate looking to progress their career. This is a leadership position, with up to 7 direct reports, where a technical background is essential as you will challenge the team, understand what's going on and communicate effectively with senior stakeholders, who have may or may not have a technical understanding. Role Requirements: The ideal candidate will have a proven track record of driving successful and efficient actuarial change delivery across a range of different types of projects, with direct exposure to actuarial modelling and data systems, reporting processes and methodologies, as well as: Experience of leadership, whether in your current position or in a role you've undertaken in the past, and a keen desire to progress and develop your career. A strong experience in the actuarial reporting or financial management of Equity Release Mortgages, Annuity and Bulk Purchase Annuity, or have had direct exposure to key regulatory reporting metrics (such as SII or IFRS17). Salary & Benefits: The role pays up to £110k and comes with a strong benefits package, including up to 60% bonus, strong pension, private medical, life assurance, income protection, 38 days holiday, volunteering days and more. Carbon60, Lorien & SRG - The Impellam Group STEM Portfolio are acting as an Employment Business in relation to this vacancy.

At M&G our purpose is to help people manage and grow their savings and investments, responsibly. As a business, we are continuing to take steps towards a sustainable future, delivering better long-term solutions for our customers and clients and identifying new opportunities to make a positive impact for our environment and communities . To help us achieve our vision we're looking for exceptional people who live our values of care and integrity and who can inspire others; embrace change; deliver results and keep it simple. We will consider flexible working arrangements for any of our roles and also offer work place accommodations to ensure you have what you need to effectively deliver in your role. The Role M&G plc is required to produce consolidated IFRS financial statements and Group Solvency II reporting. This role is responsible for supporting the Group's external reporting with a focus on the actuarial components. It is an exciting opportunity for a dynamic actuary to be involved in the financial reporting for a listed group. Key Responsibilities: To support the Group Reporting team in the overall production of the Group's annual report and consolidated financial statements and Solvency II Pillar III reporting for all reporting periods, with a focus on the actuarial components of the external reportingDelivering the Group's Solvency II Pillar III narrative reporting, including the production of the single group SFCRTo support the process to produce the other financial sections of Group reportingTo maintain effective working relationships with other teams in M&G plc Finance ensuring that Group reporting needs are communicated, understood and metOversight of the outsourced IAS 19 defined benefit pension valuationSupport production of Group Audit Committee and Board papers as requiredOther support to Group reporting initiatives as required Key Knowledge, Skills & Experience: Qualified actuary with post qualification experienceKnowledge of IFRS and Solvency II reporting requirementsExperience of the actuarial components of insurance accounting, including requirements of IFRS and Solvency IIDetailed knowledge of financial reporting regulatory requirements and legislative frameworksKnowledge of insurance products, systems and distribution methodsExperience of dealing with complex transactionsGood knowledge of industry trends, best practice and developments, good networks / links with external bodies and individuals in the same fieldExperience of the production and delivery of financial reporting in a life and pensions organisation. Asset management experience is also beneficialExperience of delivering finance change programmes Personal attributes/skills: Highly analytical and a skilled problem solver, with a strong commercial mind-set, and the ability to distil complex ideas or problems into simple, effective plans and solutionsAbility to communicate effectively and influence effectively with productive, successful relationships with demanding senior stakeholders Ability to manage tensions and conflicts to achieve outcomes that work for all parties Strong personal presence and resilience Ability to assess, react quickly and decisively to problems, taking tough decisions where neededStrength in identifying and anticipating need for changes to continuously improve quality and efficiency of outputManagement of resources and risks using expert judgment, know-how and experience Work Level: Manager / Expert Close Date: 17th May 2024 We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice and support for the diverse communities our colleagues represent. Regardless of gender, ethnicity, age, sexual orientation, nationality or disability we are looking to attract, promote and retain exceptional people. We also welcome those who take part in military service and those returning from career breaks.