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Actuarial Finance Business Partner – Retail Annuities - 12 Month FTC, London

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Client:

Legal & General

Location:

London, United Kingdom

Job Category:

Other

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EU work permit required:

Yes

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Job Reference:

3bf92b29b228

Job Views:

7

Posted:

26.04.2025

Expiry Date:

10.06.2025

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Job Description:

We’re recruiting for a Finance Business Partner to join the Retail Division on a 12 Month Fixed Term Contract. We’re offering you the opportunity to support the Retail Annuities Finance team in driving the profitability of the Retail Annuities business across the full range of financial metrics, including financial planning, management, control, and supporting commercial decisions.

What you'll be doing:

• Supporting the Head of Retail Annuities and the Senior Finance Business Partner in understanding the key drivers of financial performance and working with the Retail Annuities business to leverage insights and promote management actions.
• Establishing and maintaining strong cross-functional relationships with stakeholders across Retail Annuities, L&G Retail, and the wider Group, supporting strategic decisions and assessing financial implications. Collaborate with the LGRI Business Partnering team for consistency of financial metrics where appropriate.
• Supporting the development of the financial plan for the Retail Annuity business across all financial metrics (including IFRS, New Business, In-force Value, Solvency II, cash, expenses, sales).
• Assisting in understanding financial reporting for the Retail Annuity business, focusing on IFRS 17 and Solvency II.
• Remaining updated on regulations, standards, and Group requirements impacting Retail Annuities, assessing financial impacts of changes, and managing outcomes.
• Ensuring all activities consider the fair treatment of customers (TCF).

We’re recruiting for a Finance Business Partner to join the Retail Division on a 12 Month Fixed Term Contract. This role offers the chance to support the Retail Annuities Finance team in driving profitability and financial management.

What you'll be doing:

• Supporting understanding of financial performance drivers and leveraging insights for management actions.
• Building strong relationships across functions and supporting strategic and financial decisions.
• Developing financial plans and supporting financial reporting, especially regarding IFRS 17 and Solvency II.
• Monitoring regulatory, accounting, and group requirements to manage financial outcomes.
• Ensuring all activities uphold fair treatment of customers (TCF).

Company Description

Legal & General Retail aims to help customers plan for the unexpected, achieve financial security, and protect what’s important. We’ve integrated protection, retirement income, savings, lending, advice, fintech, and mortgage businesses under one division, created in 2022 through mergers. We’re a fast-growing, customer-focused division with big ambitions.

Qualifications

Who we're looking for:

• A Qualified Actuary, ideally with post-qualification experience.
• Understanding of IFRS, SII results, and internal KPIs.
• Knowledge of the Retail Annuities market, products, distribution, operations, and competition.
• Familiarity with L&G’s financial processes, systems, structure, and governance.
• Understanding of risk management and how to support risk controls.
• Experience with planning and forecasting cycles.
• A motivated self-starter eager to improve insights, processes, and value.
• Strong influencing skills and stakeholder management.
• Effective communication skills adaptable to different audiences.

Benefits include:

• Generous pension contribution
• Life assurance
• 27 days holiday plus public holidays, with buy/sell options
• Family leave benefits
• Electric car scheme via salary sacrifice
• Employee discounts and attractive workspace environments

Additional Information

Legal & General is a leading, award-winning financial services organization with a strong heritage and innovative future. We are committed to diversity, inclusion, and flexible working arrangements. We welcome applications from candidates of diverse backgrounds and experiences. If you’re interested in learning more, we’d love to hear from you.