Senior Actuary, Assumption Development, R&D
Role Overview
We are a global life reinsurer working across Europe, Asia, Australia and North America. We are looking for an experienced qualified actuary with background in assumption setting or experience analysis to join our R&D team. The role spans both Longevity and Protection markets, providing opportunities to make a real impact on best‑estimate assumptions.
Responsibilities
- Contribute to the development of market‑leading assumptions by sourcing data, building models and applying innovative approaches to assumption setting.
- Provide robust challenge to assumptions and approaches adopted by Pricing, influencing key decisions when 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 internal analysis, thought‑leadership work and engagement with academic partners.
- Guide and mentor 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 similar, with 3+ years of post‑qualified experience.
- Strong analytical skills and problem‑solving abilities.
- Structured reasoning to solve problems and identify trade‑offs in complex decisions.
- 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 consultants).
- Proficient in programming languages such as SQL, R or Tyche.
- Knowledge of actuarial techniques such as Generalised Linear Modelling and Survival Modelling, with the ability to apply and guide others.
- High value placed on innovation and continuous improvement, actively contributing ideas and implementing improvements.
- Strong collaboration and interpersonal skills.
- Experience presenting technical topics to varied audiences, influencing senior stakeholders and 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 additional days.
- Adoption and fertility leave.
- Generous enhanced parental leave.
- Comprehensive private health insurance coverage for employee and dependents.
- Group life insurance coverage of 9× basic annual salary and group income protection up to 75% of basic annual salary.
- Optical benefits.
- 15% combined employee/employer contributions to savings & retirement.
- Subsidised gym membership.
- Access to Employee Assistance Program.
- Cycle‑to‑Work and electric car salary‑sacrifice schemes.
- Time off for volunteering.
- Charitable matching of employee donations.
Equal Employment Opportunity
We are committed to a culture of diversity and inclusion, supporting all employees to thrive. We provide reasonable adjustments during the recruitment process to ensure equal access for applicants with disabilities. Please contact us about your needs so we can discuss suitable adjustments.
Application
We encourage strong candidates who meet many of the listed requirements to apply.
External Links
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