SUMMARY:
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POSITION INFO:
Role Overview:
Our client is seeking an experienced Senior Project Manager or Programme Manager to lead the Actuarial Modernisation Programme. The ideal candidate will have deep Financial Services delivery experience, industry experience, strong command of actuarial/finance transformation and proven ability to manage internal and external teams (vendors, Business Segment stakeholders and project teams). This role requires strategic leadership, governance and hands-on delivery capability across actuarial and finance processes.
Project Overview
- Actuarial finance modernisation is a global priority driven by IFRS 17, regulatory pressures, and the need for actuarial teams to deliver timely insights and act as strategic business partners. Over the next three years, the programme will build on IFRS 17 foundations to modernise the actuarial finance landscape—enhancing automation, reducing reporting pressures and costs, and improving the employee value proposition (EVP) for actuaries.
2026 Focus / Scope
- Due to cost-saving pressures, the programme will focus on implementing automation, workflow management, and controls on segment actuarial processes through actuarial vendor tools.
Future Phases (to be assessed)
- Design and implement a modern actuarial modelling platform to replace Prophet.
- Replace DCS as the data conversion infrastructure solution.
- Develop appropriate data warehousing and analytical tools for model outputs.
- Select and migrate to an appropriate hosting platform for all solutions.
- Investigate and pilot advanced technologies to define the future roadmap.
Capacity Note:
- Due to reduced funding and scope, this role will only require 50% allocation in 2026, with a likely ramp-up to 100% in subsequent years as future phases progress.
Key Responsibilities
- Lead the Actuarial Modernisation Programme end-to-end, ensuring delivery of strategic objectives within scope, budget and timelines.
- Drive the 2026 automation/workflow/controls implementation using vendor tools; establish phased rollouts across Business Segments.
- Manage internal delivery teams and external vendors, ensuring accountability and performance.
- Establish and run programme governance (SteerCo, Design Authority etc.).
- Oversee planning, RAID management, and governance compliance.
- Prepare foundations for future phases (modelling platform replacement, DCS replacement, warehousing/analytics).
- Drive organisational change, training, and adoption; ensure benefits realisation.
Required Skills & Experience
- 10+ years in project/programme management within Financial Services.
- Understanding of actuarial processes, financial reporting and automation technologies.
- Proven ability to manage multi-workstream programmes, vendors and senior stakeholders.
- PMP, PRINCE2 and/or SAFe certification preferred.
Key Attributes
- Strategic thinker with pragmatic delivery focus.
- Excellent stakeholder engagement and communication skills.
- Resilient and adaptable in a complex environment.
Kindly regard your application as unsuccessful if you have not heard from the agency within 2 weeks
