Actuarial Rectifications Team
Remediation Project Role
Location: Edinburgh/ Bristol
Purpose of Role:
The Actuarial Rectifications Team play a key role in ensuring that policies are managed in line with the policy provisions, policyholders' expectations and FCA requirements.
The key purpose of the role is to provide Actuarial input into Rectification projects, including:
- Determining remediation approach, and treatment for non-standard cases.
- Ensuring Consumer Duty, cost implications and practical constraints are taken into account when formulating solutions.
- Building, performing and checking remediation calculations
- Handling project and policy level queries relating to calculations
- Writing/reviewing project documentation (e.g. calc specs, audit trail).
Key competencies, knowledge & skills:
- Strong Excel skills essential, Access/VBA preferable but not essential
- Strong technical ability in analysing problems, determining solutions and specifying calculations
- Partly-qualified or qualified Actuary
- Life/Pensions/Investment product knowledge preferred but not essential
- Project delivery experience preferred
- Effective written and verbal communication skills
- Strong stakeholder management and influencing skills
- Attention to detail