Job Title
Senior Actuary, Assumption Development, R&D (Manager Grade)
Role Overview
We have an exciting opportunity for an experienced, qualified actuary with experience in assumption setting or experience analysis to join the R&D team. This is an exciting time to join as we expand into new markets and strengthen our presence in existing ones across Europe and North America. In this role, you’ll work across both Longevity and Protection markets, giving you diverse exposure and the opportunity to make a real impact. You’ll contribute to developing the actuarial bases that set our best estimate assumptions — guiding work from initial data analysis through model fitting, validation, and final approval. Previous experience with actuarial techniques like Generalised Linear Models and Survival models would be an advantage.
Key Responsibilities
- Contribute to the development of market-leading assumptions by sourcing data, building models, and leading the application of innovative approaches to assumption setting.
- Provide robust challenge to assumptions and approaches adopted by Pricing, including influencing key decisions where appropriate.
- Build effective working relationships with stakeholders across the company, acting as a trusted advisor to support alignment and adoption of technical recommendations.
- Support and lead actuarial research initiatives, including contributing to internal analysis, thought‑leadership work, and engagement with academic partners.
- Provide guidance and mentoring within the R&D team, coaching junior team members and supporting their development.
Skills & Experience
- Qualified Fellow of the Institute or Faculty of Actuaries, Society of Actuaries, or other similar organisation, with 3+ years of post‑qualified experience.
- Strong analytical skills and problem‑solving abilities.
- Uses structured reasoning to solve problems and lead more complex decisions by identifying options and evaluating trade‑offs.
- Applies judgement to deliver in new or evolving areas, with increasing independence.
- Understanding of Longevity or Protection reinsurance markets.
- Familiarity with experience studies, trend modelling, and pricing within the life insurance industry (including reinsurers, insurers and consultancy).
- Competence in using programming languages (e.g. SQL, R or Tyche).
- Knowledge of actuarial techniques such as Generalised Linear Models and Survival Models, with the ability to apply these in practice and guide others.
- Places a high value on innovation and continuous improvement, actively contributing ideas and implementing improvements.
- Ability to collaborate with strong teamwork and interpersonal skills.
- Experience in presenting to varied audiences on technical topics to gain approval, including influencing senior stakeholders and effectively managing stakeholder relationships to drive alignment and support delivery.
- Ability to work independently and lead workstreams or projects.
- Organised and deadline‑focused.
Benefits (Only for Permanent and Fixed‑Term Employees)
- 25 days of annual leave, with option to buy/sell more days.
- Adoption and fertility leave.
- Generous enhanced parental leave.
- Healthcare: comprehensive private insurance coverage for employee and dependents.
- Group life insurance coverage of 9x basic annual salary.
- Group income protection up to 75% of basic annual salary.
- Optical benefits.
- 15% combined employee/employer contributions to savings & retirement plans.
- Wellness: subsidised gym membership.
- Access to Employee Assistance Program.
- Cycle to Work and Electric Car salary sacrifice scheme.
- Time off for volunteering.
- Charitable matching of employee donations.
Diversity and Inclusion
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
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