Average Actuary salary in Stirling

Company DescriptionLegal & General (L&G) is a leading UK financial services group and major global investor. We've been safeguarding people's financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders. We are one of the world's largest asset managers and provide powerful asset origination capabilities. Together, these underpin our retirement and protection solutions: we are an international player in pension risk transfer, in UK and US life insurance, and in UK workplace pensions and retirement income. L&G Institutional Retirement looks after around 700,000 institutional customers who have their retirement benefits secured with us. Operating continuously in the UK market from our entrance in 1987, we are the UK's longest-running insurer. Our Institutional Retirement division provides pension risk transfer (PRT) solutions for UK and US defined benefit (DB) schemes, and reinsurance solutions from our global hub in Bermuda. We work with companies, DB pension schemes and their advisors to help them secure and protect scheme members' retirement benefits. Joining us means you'll support customers' financial security in retirement; help companies to settle their pension liabilities and focus on growing their businesses; and enable investment for the long term to back our pension promises. Job DescriptionDue to continued growth in our award-winning Pension Risk Transfer business we are seeking a number of Qualified Pensions Actuaries to join our PRT Client Services function as a Calculations Manager. As a Calculations Manager your main responsibility will be to provide subject matter expertise and support to the team in relation to manual calculations, complex benefit structures and any other technical aspects which are pivotal in ensuring the smooth administration and ongoing management of our Defined Benefit Pension schemes. This role would be ideal for someone with demonstrable technical DB pensions experience, but who is also a strong communicator and enjoys working as part of a high-functioning team who deliver great outcomes for our customers every day. This is a hybrid working opportunity which means you can split your working week between your home and our Glasgow offices to find a work/life balance that works for you. What you'll be doing: Taking responsibility for checking individual Defined Benefits quotations and non-standard communications, to ensure that we are providing an efficient administration and claims serviceUtilising your technical expertise and knowledge to lead on projects/initiatives and process improvement workLeading on and facilitating additional activities such as valuations, data updates, and bulk transfers as requiredActing as an SME & technical expert for the team by managing the end-to-end onboarding process of new DB Pension schemesSupporting the ongoing growth of our PRT business by creating efficient, effective & compliant processes and ensuring that we have robust solutions that deliver reliable, repeatable outcomes for our customersProducing and analysing regular MI to ensure the quality of our customer outcomesSupporting the Team Manager with the development of the wider Calculations Team through the provision of training and guidance QualificationsWho we're looking for: A Qualified Pensions Actuary with demonstrable experience/Knowledge of DB Pension Schemes A detailed understanding of Defined Benefit Pension schemes (including understanding the way benefits are structured and administered in Defined Benefit schemes) and the related legislationExcellent customer orientation, including the ability to maintain effective relationships with both internal and external customers Ability to prioritise own workload whilst also ensuring that the needs of the wider team and business area are also met. This will include the ability to plan realistically and organise across both project and BAU deliverables to ensure deadlines are metA strong understanding of the potential risks the calculations team faces and actively taking steps to reduce and mitigate these potential risksExcellent communication skills (both written and verbal), including the ability to positively influence stakeholders and customersAbility to provide an accurate and cost-effective service by getting it right first time" and actively supporting/training others within the team to reach the same levelProven ability to deliver solutions to technical and business problems Whatever your role, we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer: The opportunity to participate in our annual, performance -related bonus plan and valuable share schemesGenerous pension contributionLife assuranceHealthcare Plan 27 days holiday, plus public holidays. There's also the option to buy and sell holidayCompetitive family leaveParticipate in our electric car scheme, which offers employees the option to hire a brand-new electric car through tax efficient salary sacrificeThere are the many discounts we offer - both for our own products and at a range of high street stores and onlineIn 2023, some of our workspaces were redesigned. Our offices are great spaces to connect and collaborate and have your wellbeing at the heart Additional InformationAt L&G, we believe it's possible to generate positive returns today while helping to build a better future for all. If you join us, you'll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time, term-time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn't matter if you don't meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose. "videos":{"title":"Videos To Watch","urls":["https://watch?v

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. 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 Chief Actuary is a statutory role that focuses on ensuring the financial wellbeing of the M&G Plc insurance business, and forms part of our Finance Function. The Chief Actuary is responsible for the Actuarial Function, as defined under Solvency II. An opportunity has arisen for an Actuary to join the Chief Actuary Team on a 9 to 12 month secondment. You will assist the Chief Actuary in carrying out his statutory duties and the duties of the Actuarial Function. This will include (with the rest of the Chief Actuary's team) monitoring the company's solvency and financial strength (including supporting the end-to-end process of reviewing the company's Solvency II valuations), assessing the adequacy of new business pricing, underwriting and reinsurance arrangements, and reviewing other management activities for their impact on solvency and financial strength. In doing this, you will provide support and challenge to the rest of the business, helping the company to continue to thrive and prosper under the Solvency II regulatory regime. To be successful in this role, you will need experience of the following: writing reports and papers;taking ownership of tasks allocated;communicating complex problems and issues effectively and succinctly to a variety of peers and managers;financial reporting or actuarial modelling for a life assurance company. With-profits experience is desirable (but not essential);drawing conclusions from complex data sources;constructively challenging and influencing a range of peers and stakeholders; andtaking complex and ambiguous problems and quickly generating practical solutions. Key responsibilities will include: supporting the review of the quarterly Solvency II valuation of with-profits business, including managing timeline, deliverables, and documentation;reviewing papers for various committees to provide oversight and challenge in the areas relevant to the Chief Actuary's responsibilities;contributing to proposition and project work or other management activities as required;ensuring a strong control environment;recommending and implementing process improvements where appropriate. We are willing to consider flexible working arrangements for all of our roles and will consider both part and fully qualified applicants. By taking on the role of Actuary you'll play a vital part in our vision. We need everyone to step up to their full potential at this exciting time for our business. So if you're inspired by the opportunity, and if you have the necessary qualities, then we urge you to apply. Work Level: Experienced Colleague Recruiter: Matt Campbell 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, disability or long term condition, 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. M&G is also proud to be a Disability Confident Leader , and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they 'opt in' to the scheme when applying. If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at:

At M&G our purpose is to give everyone real confidence to put their money to work. As an international savings and investments business with roots stretching back more than 170 years, we offer a range of financial products and services through Asset Management, Life and Wealth. All three operating segments work together to deliver attractive financial outcomes for our clients, and superior shareholder returns. Through our behaviours of telling it like it is, owning it now, and moving it forward together with care and integrity; we are creating an exceptional place to work for exceptional talent. 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. Methodology & Assumptions ActuaryAbout the RoleAre you someone who thrives on solving complex problems and bringing clarity to ambiguity? Do you enjoy applying specialist technical knowledge in new and evolving situations? If so, this is your opportunity to join a collaborative team that plays a critical role in shaping how M&G values its products and manages change. As a Methodology & Assumptions Actuary, you'll be part of a team that transforms ideas into valuation-ready solutions. You'll work across departments to deliver new products and strategies, while challenging existing methodologies to drive continuous improvement. Key Responsibilities Lead the development of new valuation methodologies, taking products from concept to balance sheet.Manage the integration of new products into regular valuation cycles, ensuring robust implementation.Collaborate with teams across the business to deliver innovative customer solutions and strategic initiatives.Challenge and enhance existing methodologies and assumptions.Provide expert support to the wider business on complex technical queries. Key Knowledge, Skills & Experience Nearly or newly qualified actuaryStrong knowledge of Solvency II and IFRS reportingSpecialist understanding of asset-liability management within regulatory frameworks.Experience of annuity products and broader familiarity with other life and pension products Desirable Experience Experience of capital modelling or reportingAssumption setting (economic or non-economic)Recruiter: Matt Campbell 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, disability or long term condition, 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. M&G is also proud to be a Disability Confident Leader , and we welcome applications from candidates with long-term health conditions, disabilities, or neuro-divergent conditions. Being a Disability Confident Leader means that candidates who meet the minimum criteria of a job, will be offered an interview if they 'opt in' to the scheme when applying. If you need assistance or an alternative means of applying for a role due to a disability or additional need, please let us know by contacting us at: