This is an actuarial manager / senior consultant role within a growing team, focused on supporting UK life insurers across a wide range of actuarial topics including reporting, modelling, valuation, risk, pricing, product, ALM, capital and project leadership.
You will play a key role in developing client solutions, building models rapidly and to a high standard, coordinating technical delivery, and supporting senior managers, directors and managing directors in delivering end‑to‑end engagements.
You will have a “once in a career” opportunity to contribute to the overall development of the consulting proposition and to build your personal profile via high‑impact project work.
It is expected that a typical day will involve:
supporting or leading on a range of actuarial projects including modelling activities such as building or enhancing models (e.g., cashflow models, valuation tools, pricing models, scenario models) efficiently and accurately
carrying out actuarial analyses covering valuations, reserving, Solvency UK reporting, IFRS 17 based assessments, pricing reviews, assumption setting and experience investigations
supporting the development and review of actuarial processes, models and documentation to ensure robust governance and compliance with regulatory and professional standards
contributing to client projects across risk, capital, ALM, valuations activities for captives, annuity business, and M&A
assisting in the preparation of responses to request for proposals (RFPs), client reports and other client ready materials
helping deliver project workstreams, coordinating junior team members and ensuring quality of outputs
working closely with senior managers and directors within the team to help develop modelling analysis and making meaningful recommendations
developing technology enabled solutions (e.g., Python, R, SQL, DataBricks, Power BI) to streamline actuarial processes
developing your internal network; and
being agile and flexible to ensure that the team is fully supported.
Role holder is expected to have/be
A recently newly / nearly qualified actuary with a solid grasp on life insurance actuarial principles
Strong understanding of the UK Life Insurance market and willingness to apply actuarial principles across diverse product areas
Strong ability to develop and implement chosen actuarial methodologies within Excel or similar tools.
Strong modelling skills and ability to rapidly build, understand and enhance actuarial models in Excel, actuarial systems and/or programming languages (e.g. Python)
Experience gained in a (re)insurance company, BPA provider (preferable), with exposure to valuation, pricing, ALM, reporting, risk or capital
High performing self-motivated team player that both leads and works collaboratively and is agile & willing to participate in other projects within the team
Ability to work under pressure, takes initiative, proactive, shows resolve and is agile
Ability to shape and develop modelling, automation and analytics (e.g., Python/R/SQL/Alteryx/Power BI)
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