Actuarial Solution Architect

Canada Life UK looks after the retirement, investment and protection needs of individuals, families and companies. We help to build better futures for our customers, our intermediaries and our employees by operating as a modern, agile and welcoming organisation. Part of our parent company Great-West Lifeco, Canada Life UK has operated in the United Kingdom since 1903. We have hundreds of respected and supported employees committed to doing the right thing for our customers and colleagues.

Canada Life UK is transforming to create a more customer-focused business by providing our customers with expertise on financial and tax planning, offering home finance and annuities propositions, and providing collective fund solutions to third party customers.

Job Summary:

The role holder is a leadership role within the Modelling & Production (M&P) function, within Finance, responsible for the end-to-end (E2E) design and architecture of actuarial, reinsurance and valuation solutions across the remit of M&P function. This role ensures that all model and system changes are designed holistically across methodology, models, systems, data, processes and reporting, delivering solutions that are robust, scalable, efficient and aligned with both business strategy and regulatory requirements.

The role holder acts as a critical bridge between business stakeholders and technical delivery teams, working closely with Finance, Risk, AFO, IT, Development team, Investments, BPA and others:
• Understand and challenge business requirements
• Translate requirements into clear, structured solution designs
• Ensure effective and accurate implementation across actuarial systems The Actuarial Solution Architect provides strategic direction on actuarial architecture, drives consistency across modelling platforms, and ensures that solutions enable effective decision-making, operational efficiency, and regulatory compliance (e.g. Solvency II, IFRS
17, USGAAP). The role combines actuarial expertise, architectural thinking, and strong communication skills, supporting both innovation and governance across the actuarial ecosystem. What will you be doing: 1. End-to-End Solution Design
• Lead the design of actuarial solutions from an end-to-end perspective, covering methodology, modelling platforms, data, aggregation, reporting and controls.
• Ensure all changes are internally consistent across the actuarial value chain.
• Define target state architectures aligned to strategic objectives. Identify dependencies, risks and optimisation opportunities across system.
2. Requirements Gathering & Stakeholder Engagement
• Engage directly with stakeholders (Finance, Risk, IT, Investments, Product) to understand business requirements. Challenge and refine requirements to ensure clarity, feasibility and value.
• Translate complex needs into structured, well-defined solution designs.
• Facilitate alignment across multiple stakeholders with differing priorities.
3. Translation to Implementation
• Produce detailed design documentation and specifications for delivery teams
• Work closely with development and production teams to ensure: o Clear understanding of requirements o Feasible implementation approaches o Alignment with architecture standards
• Provide ongoing guidance during implementation to ensure design intent is realized
4. Architecture & Standards
• Define and maintain actuarial architecture principles and standards. Drive consistency across: o Model design o Data structures and flows o System integrations o Reporting frameworks
• Promote best practices in automation, modular design and scalability
5. Governance, Risk & Regulatory Compliance
• Support model change governance processes, including: o Design documentation o Change justification o Evidence for approvals
• Ensure solutions meet risk management standards and control requirements
• Contribute to regulatory engagement (e.g. PRA submissions)
• Ensure appropriate auditability, traceability and documentation
6. Continuous Improvement and Innovation
• Identify opportunities to simplify, modernise and optimise actuarial systems
• Lead or contribute to transformation initiatives and…