Actuarial Consultant

Are you ready to chart your own career path? With our refreshed strategy, we’re building on our rich heritage and transforming our business to be more scalable and efficient, unlocking the capabilities needed for future success. This includes significantly investing in technology, streamlining the way we work and creating an environment where colleagues feel engaged, empowered and accountable; where they can show up, speak up and perform - because we believe in the difference our work makes.

At a glance:

Location: Cirencester Office

Workplace Type: Hybrid

Employment Type: Permanent

Seniority: Mid-Senior Level

The role:

The role of Group Products (“the Division”) is to develop and oversee the suite of products and services available to clients of St. James's Place, ensuring they are fairly priced, support business growth and deliver good client outcomes.

The main purpose of the role is to provide actuarial expertise and product technical support to both stakeholders across the SJP Group and on projects.

What you'll be doing:

• Provide support to different Leads of the Division at the direction of the Senior Manager of Actuarial Product Support on divisional projects or cross-business projects as Subject Matter Expert. Example projects may include launch of a new product, annual reviews of manufactured products or regulatory change impacting our products.
• Lead on small and medium-sized divisional projects as Subject Matter Expert. Example projects may include implementation of enhancements to our investment proposition to Illustrations and tools.
• Carry out checking of the work of Actuarial Specialists and Actuarial Analysts.
• Ensure accuracy of illustrations, terms and conditions, advice tools and product documentation.
• Provide product technical and actuarial support to the SJP Group, including the Partnership, on areas such as Capital Gains Tax calculations, Critical Yield Calculations, product functionality, illustrations and other calculations.
• Liaise and maintain relationships with teams across the business and with a range of third-party providers.
• Provide figures and analysis to support business decisions.
  
  

Who we're looking for:

We're looking for a proactive and collaborative professional with strong analytical and communication skills. The ideal candidate will work closely with teams across the business, providing expert support on projects, ensuring accuracy in product information, and helping to simplify complex actuarial concepts for a range of stakeholders.

Essential Criteria

• Qualified or nearly qualified actuary with financial services and/or commercial experience (not strictly UK experience, consider other regions).
• Excellent Excel and other IT skills, including coding (e.g. VBA, R, Python).
• Proven track-record leading small and medium-sized divisional projects with the ability to support larger cross-business projects as a Subject Matter Expert.
• Expert in providing product technical and actuarial support, such as financial projections, modelling, and other actuarial calculations.
  
  

Desirable Criteria

• Solid understanding of the financial services business environment is required to make recommendations to the Senior Manager of Actuarial Product Support and Leads in the team with confidence.
• Experience at and an interest to coach, mentor, and lead others. This role may need to take up line management responsibilities in future.
  
  

Special Requirements:

This role is based in Cirencester- we operate a hybrid working approach, with an expectation to attend the office regularly.

What's in it for you?

We reward you for the work you do, whether that’s through our discretionary annual bonus scheme that reflects both personal and company performance, competitive annual leave allowance (28 days plus bank holidays, with the option to purchase an additional 5 days), or online rewards platform with a variety of discounts.

We also have benefits to support whatever stage of life you are in, including:

• Competitive parental leave (26 weeks full pay)
• Private medical insurance (optional taxable benefit)
• 10% non-contributory pension (increasing with length of service)
  
  

Reasonable Adjustments We're an equal opportunities employer and want to ensure our recruitment process is accessible and inclusive for all, if you require reasonable adjustment(s) at any stage please let us know by emailing us at [email protected]

Research tells us that applicants (especially those from underrepresented groups) can be put off from applying for a role if they do not meet all the criteria or have been on an extended career-break. If you think you would be a good match for this role and can demonstrate some transferable experience please apply, regardless of whether you tick every box.

What's next?

If you're excited about this role and believe you have the skills and experience we're looking for, we'd love to hear from you! Please submit an application by clicking ‘apply’ below and our team will be in touch.

As a business regulated by the FCA we would advise you to familiarise yourself with the conduct regulations and in particular consumer duty obligations prior to an interview with SJP.