Team – Longetivity

Responsibilities

• Support the team in the production of longevity assumptions, both in the best estimate liabilities and the capital requirements
• Support the team in providing expert insight into emerging longevity trends
• To carry out and support longevity analysis, including undertaking the necessary technical investigations and research
• To carry out regular tasks essential to the monitoring of longevity assumptions, such as experience analysis and data quality reports
• Contribute to regular research on relevant longevity topics and present findings to the team. This will include areas such as medical developments and innovations relevant to the M&G annuitant population as well as awareness of the potential impacts from the COVID-19 pandemic on future mortality.
• Processes to be carried out with appropriate controls applied to minimise risks
• Demonstrate a positive risk and control culture through the active identification, assessment, monitoring and management of risks and controls
• Identifies and anticipates need for changes to continuously improve quality and efficiency of output
• Manages risks using expert judgment, know-how and experience
• Accountable for the technical accuracy of outputs and timely delivery of work
• Develop knowledge, skills and experience by working alongside experienced colleagues and participating in training sessions across the team.
• Communicate effectively with stakeholders across Finance, both written and oral
• Manages conflicts that may impact delivery
• Challenges processes given knowledge of delivery and awareness of complex systems and the broader picture

Knowledge/Experience

• Knowledge and understanding of longevity trends
• Keep up to date with research impacting longevity risk
• Working towards actuarial fellowship or other relevant qualification
• Keeps up to date with Continued Professional Development requirements
• Knowledge of actuarial professional standards and codes
• Knowledge of life and pensions products, markets and competitors
• Knowledge of financial services regulatory and legislatory frameworks
• Awareness of longevity trends and factors impacting population mortality
• Ability to analyse data and interpret the output to understand mortality trends in portfolio data
• Experience of taking complex and ambiguous problems and quickly generating practical solutions
• Experience of communicating complex problems with a range of stakeholders, both written and oral
• Proficient in the use of Microsoft tools including Excel and SQL, or other relevant packages
• Experience in the use and enhancement of models relating to the analysis of longevity trends
• Performing experience analysis and data manipulation in relation to the monitoring mortality experience and analysing trends
• Able to take responsibility and ownership of work
• Ability to identify opportunities to improve own performance
• Experience of developing and improving processes
• Able to manage multiple pieces of work and plan time effectively and prioritise to ensure on time delivery
• Able to communicate complex technical output in a simple manner to a range of stakeholders
• Ability to express own viewpoint and contribute effectively to team discussions on technical longevity issues
• Ability to produce high quality technical work whilst operating within a well-controlled environment
• A keen learner who can quickly understand how to use new systems and processes