Contract type: Permanent
Reference number: RISK00071
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We have a great opportunity for a Head of With Profits Management to lead a team of circa 10 actuaries (qualified and trainees) who will oversee activities and initiatives that impact the risk profile and capital management of the Society’s With Profits Fund (the “Life Fund”).
The team also provide assurance that the With Profits Fund is managed in accordance with regulatory requirements, policyholders' reasonable expectations, and follow the principles of Treating Customers Fairly.
The role sits within our Risk division reporting to the Head of Financial Risk and you will be an invaluable member of the risk executive team.
Duties will include:
As our Head of With Profits Management, you will be managing the Life Fund in accordance with the strategy set by the With Profits Actuary and With Profits Committee and ensure that capital is deployed equitably across all policyholder cohorts. You will be or have:
At NFU Mutual we pride ourselves on being “a great place to work” and one of only 39 companies across the globe, and the only organisation with headquarters in the UK, to receive a Gallop Exceptional Workplace 2021 award. We were also named in the LinkedIn Top 25 Companies List 2021. When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:
NFU Mutual are happy to offer its employees informal homeworking. Our team is located in Stratford-upon-Avon and it would be expected that on average, 50% of your working time would be located from this office, with the remaining days home based should you wish. Due to COVID-19, our employees continue to work from home and a return to the office is being planned for later in the year.
One of the UK’s leading general insurance and financial services companies, NFU Mutual has been meeting our customers’ needs for over 100 years. As an employee you are very important to us. We empower and inspire you to perform, offer opportunities to grow and we recognise and reward you for your contribution.
At NFU Mutual we look for people like you, who have customers at the heart of what you do. You recognise that your customers’ financial lives can only benefit by having a financial plan in place that reflects their circumstances both now and in the future.
We are a leading provider of General Insurance and Financial Services. From our strong farming roots we’ve grown to become a UK-wide organisation, turning over £1billion annually. Yet success hasn’t gone to our heads. We’re proud to remain completely customer focused, down-to-earth and committed to the rural communities we’ve grown from.
Our ethos - of trust, respect and personal service - lies at the heart of all we do and has seen us build an enviable reputation for exceptional member loyalty. Though we’ve been in business for over 110 years, we have big ambitions for the future. And that’s why we’re looking for talented people to join our growing organisation. Talented people like you.