Financial Reporting Actuary

London (Greater)
£800 - £945 per day
12 Nov 2017
16 Nov 2017
Contract Type
Full Time

Working within Prudential's Saving and Retirement business as an actuary means becoming part of a brand with a global reputation and an exciting vision: to be the leader in helping customers achieve their long-term financial goals. If you're inspired to join us, and if you have the necessary qualities, then this could be the opportunity you've been looking for.

The Finance Ambition Programme is transforming the ways of working in Prudential's Saving and Retirement Solutions Finance function. It is transforming the end to end processes enabled by new technologies. The programme is also responsible for accelerating the working day timetable for external reporting to meet the requirements of Solvency 2 and implementing IFRS 17, the new insurance accounting standard. We are looking for a number of qualified actuaries with Financial Reporting knowledge and experience to support this Programme.

Purpose of the role

To prepare financial information for inclusion in accounts and returns for UKIO companies/products. To meet accounting, regulatory and statutory requirements in the preparation of financial information

What we are looking for is as below:

  • Qualified Actuary
  • Life Assurance background
  • Significant Financial Reporting experience
  • Supported projects or transformation programmes before
  • Happy to work with ambiguity and agile working

Essential Experience

  • Significant experience of financial reporting standards and other regulatory requirements
  • Experience of disseminating quality information to internal and external stakeholders including regulators
  • Experience of actively seeking out opportunities to learn about new developments and applying them to current work processes
  • Experience of considering the impact of own team's work and suggesting improvements
  • Experience of accurately communicating business issues to appropriate parties and providing support to stakeholders
  • Experience of developing a broad base of relationships with key business stakeholders


  • Detailed knowledge of financial services regulatory and legislative environment
  • Detailed knowledge of life and pensions products, markets and competitors
  • Detailed knowledge of unit-linked, with-profits and annuity contracts
  • Working knowledge of valuation systems such as MoSes or RAFM
  • Working knowledge of governance, risk and compliance processes
  • An understanding of the commercial implications of decisions
  • Relevant professional qualification with post qualification experience

Standard responsibilities associated with this role

  • If you're responsible for any legal agreements with third parties then you must make sure these are managed according to the Managing Contractual Relationships Framework. You'll find your responsibilities as an expenditure authoriser set out in the financial procedures manual for your business (e.g. Prudential UK &Europe, PIA, PPMS)
  • Make sure that all personal expenditure, and contractual and legal agreements are authorised, controlled and monitored according to our delegated authority requirements
  • Understand our Code of Conduct and how it applies to your work. Comply with all relevant policies, including mandatory training
  • Use your judgement to strengthen our positive risk and control culture, by identifying, assessing and managing risk within your business area
  • Take all reasonable steps to make sure your business area fulfils its external regulatory, legal and industry obligations

People who work at Prudential agree that ours is a great place to work with a brilliant team spirit. It is an innovative, high-performing commercial environment that is totally focused on customers in a fast-changing world. You will join an organisation that is leading the way in helping customers achieve their long-term financial goals.

We welcome applications from individuals with disabilities and will look to make reasonable adjustments or find alternative solutions to accommodate any disabilities wherever possible

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