The Financial Reporting Council (FRC) mission is to serve the public interest and support UK economic growth by upholding high standards of corporate governance, corporate reporting, audit and actuarial work. We are the UK Competent Authority for audit. We also set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work, and monitor and take action to promote the quality of corporate reporting and operate independent enforcement arrangements for accountants and actuaries. Further information about our role can be found at www.frc.org.uk. The FRC’s Regulatory Standards Division is responsible for public and technical policy covering accountancy, audit, actuarial work and corporate governance and stewardship, for which we set regulatory codes and standards and develop guidance to drive high quality work in the public interest. We are seeking a Project Director FTC to join the FRC’s Actuarial Regulation Team. The successful candidate will work with the Director of Actuarial Regulation, Senior Project Directors and other Project Directors in the team to deliver the objectives in our annual strategy and plan. This includes

developing the technical actuarial standards and guidance in the UK assessing the effectiveness of the technical actuarial standards through our monitoring programme providing actuarial expertise to the wider FRC such as in disciplinary cases, the oversight of the IFoA, and the actuarial aspects of audit quality inspections.

The FRC is the home of independent actuarial regulation, and this is an excellent opportunity to influence actuarial regulation and to help shape the actuarial profession. The person The candidates are likely to be Fellows of the IFoA and have significant post qualification experience, including experience of financial reporting. They are likely to have operated at a senior level in a consulting, in house, management or regulatory role. A strong understanding of what drives high quality actuarial work is key to this role. The Project Director should have deep technical knowledge of the insurance sector, preferably on the life insurance side. Knowledge in climate risk and artificial intelligence are desirable but not essential. The Project Director will also

possess strategic knowledge of developments and issues affecting their sector have externally acknowledged technical expertise in their field be able to engage credibly with senior actuarial practitioners and other senior stakeholders possess knowledge of the standards and guidance issued by the IFoA to its members, and of the IFoA’s education, CPD, competence and disciplinary regimes have strong oral and written communications, including strong presentation skills and experience of speaking to challenging audiences have strong analytical skills to be able to distil large amounts of information and identify key points be able to learn from colleagues in other practice areas, or work with colleagues from other operating units providing specialist input to cross-unit activities be able to take ownership and responsibility for timely delivery of high quality projects be able to work collaboratively in a team environment and also to work independently when required.

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