Junior Programme Manager – Capital Team

Job title:                Junior Programme Manager 

Reporting to:        Strategic Programme Manager

Contract:               Permanent


This role sits within RL’s Capital Actuarial team. The tasks of the team are varied; the main focus of the role is to assist with the project management responsibilities for the Capital Actuarial team and support the Strategic Programme Manager on various projects and initiatives across the business on an as-needs basis.

The main projects currently being undertaken by the RL Capital Actuarial team which the Junior Programme Manager will likely be involved in are:

=         Development of the RL full internal model

=         Major model change applications and ongoing maintenance of RL’s approved partial internal model

=         Preparation and development of readiness for IFRS17

Other tasks carried out by the RL Capital team to which the role may include some exposure include:

=         Production of Year end and Interim Reporting requirements covering IFRS Report and Accounts, MCEV reporting, SFCR and QRTs

=         Continuing requirements of Solvency II:

o    Review of new asset and liability trades for MA eligibility and solvency impact implications

o    Monitoring and Future development of ORSA, including forward looking assessments of own risks

The role would suit an individual with experience managing and delivering projects who is looking to further develop their project management skills in a high-impact, high-visibility role. In addition, the role will require working together with the Capital Actuarial team on a variety of actuarial and technical topics – a successful candidate will therefore be numerically literate and willing to get up to speed in these areas. Previous relevant technical experience (e.g. actuarial, risk modelling, etc.) is desired, but not a prerequisite.

The responsibilities of the role include:

      =         define and run projects that will support the delivery of the commitments of the RL Capital Actuarial team and other projects as determined by the Strategic Programme Manager

      =         to include planning, resource management, progress reporting, cost tracking, prioritisation oversight and the maintenance of required project documentation and tools

      =         support status reporting across individual projects, and provide analysis and aggregate reporting across the range of tasks being undertaken across relevant projects

      =         provide assistance with development of project documentation and project planning presentations for use in communication to project stakeholders and RL senior management

      =         help ensure the fair allocation of work across the resources involved in delivering the relevant projects, in a way which is motivational and contributes to the overall efficiency of the team

      =         where relevant, supporting on specific activities and / or deliverables of relevant projects

      =         contributing to the overall successful delivery of relevant projects

Skills & Experience:



o    Proven analytical ability, particularly for project reporting, and presenting data in an easily digestible format for communications

o    Strong written and verbal communication skills, able to synthesise complex / detailed information to distil key messages appropriate for senior audiences

o    Ability to add value to projects by understanding what is being delivered, the implications of the risks and issues, helping to identify and deliver solutions

o    The ideal candidate will enjoy working with a wide range of people, and be comfortable being in an environment where plans can change rapidly

o    Well-rounded with energy, personal impact and robust personality with the ability to quickly build rapport

o    Able to use a range of approaches to win active support and commitment to a desired course of action




o     2+ years of relevant work experience in a complex environment, including some project management experience

o     High degree of IT literacy ideally with a good working knowledge of Microsoft Project, Excel,

Word and PowerPoint

o     Possess a degree from a leading university in a relevant subject




o     Technical background or experience (e.g. actuarial, risk modelling, financial mathematics, or similar)

o     Experience of / familiarity with project methodologies

o     Relevant industry qualifications

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