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Actuarial Technician

Actuarial Technician

Posted 12 March by The Emerald Group Easy Apply Ended

The role involves numerical work within the actuarial department. The jobholder has primary accountability in dealing with individual customer queries/investigations in an efficient manner, monitoring of reinsurance treaties, support investigations required from administrators, support experience studies, support Corporate Actuary activities and support on the various project activities within the Product Management area.

General Accountabilities:

  • Doing and checking of quotes as required
  • Actuarial point of contact for queries and investigations for outsourced administrators
  • Carry out the market monitoring and re-pricing of annuities
  • Support the Product Management area in project activities, as well as supporting reinsurance and unit pricing requirements
  • Actuarial point of contact for systems developments
  • Support in testing systems before implementation to ensure they are fit for purpose
  • Support experience studies


  • Ensure work meets the control standards which are in place
  • Ensure compliance with the Technical Actuarial Standards in the tasks being carried out
  • Conduct all actuarial work within a framework of controls and with systems that are suitable to the circumstances and risks associated with the work or its outputs. Maintain evidentiary requirements
  • Ensure ongoing compliance with those SLF policies, standards and guidelines. In addition to actuarial guidelines, comply with other relevant documents including Spreadsheet Controls guideline, Model Risk Policy and Stochastic Models guideline

Membership of Committees and Boards:

  • Actuarial Support Meetings with outsourcers


  • Mathematics A Level Grade A (Essential)
  • Actuarial Technician with relevant experience (Desirable)
  • Experience in dealing with admin queries (Desirable)
  • Previous experience in dealing with unit-linked, with-profits, annuities and/or illustrations systems will be highly regarded (Desirable)
  • Highly proficient in Microsoft Office applications, in particular Excel (VBA) (Essential), Access (Desirable)
  • Good people skills (Desirable)
  • Strong knowledge of UK life products (Desirable)

Required skills

  • Maths
  • Product Management
  • Reinsurance
  • Time Management
  • Actuaries

Reference: 34661482

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