Actuarial Manager

St. Jamess Place; Cirencester; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A financial services company in Cirencester is seeking a qualified actuary for a mid-senior level role involving actuarial expertise and project management. You will develop and oversee products to ensure client satisfaction and regulatory compliance. Strong leadership skills and experience in financial services are essential. This position offers a hybrid working model and competitive benefits, including a discretionary bonus and generous leave.

Benefits

Discretionary annual bonus

Competitive leave allowance

Private medical insurance

10% non-contributory pension

Qualifications

• Experience in financial services and/or commercial environments.
• Ability to coach and mentor team members.
• Expertise in product technical and actuarial support.

Responsibilities

• Provide support to projects as Subject Matter Expert.
• Lead on small to medium-sized Divisional projects.
• Ensure accuracy of product documentation.

Skills

Actuarial expertise

Leading teams

Project management

Communication skills

Education

Qualified actuary

Job description

Overview

Posted on: 27/08/2025 - Application Deadline: 19/09/2025

Are you ready to chart your own career path? With our refreshed strategy, we're building on our rich heritage and transforming our business to be more scalable and efficient, unlocking the capabilities needed for future success. This includes significantly investing in technology, streamlining the way we work and creating an environment where colleagues feel engaged, empowered and accountable; where they can show up, speak up and perform - because we believe in the difference our work makes.

Location: Cirencester Office

Workplace Type: Hybrid

Employment Type: Permanent

Seniority: Mid-Senior Level

Number of Positions Available: 2

The role: The role of Group Products ("the Division") is to develop and oversee the suite of products and services available to clients of St. James's Place, ensuring they are fairly priced, support business growth and deliver good client outcomes. The main purpose of the role is to provide actuarial expertise and product technical support to both stakeholders across the SJP Group and on projects, as well as providing oversight and guidance to Actuarial Specialists and Actuarial Analysts in the Division.

Responsibilities

• Provide support to different Leads of the Division at the direction of the Senior Manager of Actuarial Product Support on large Divisional projects or cross-business projects as Subject Matter Expert. Example projects may include launch of a new product, annual reviews of manufactured products or regulatory change impacting our products.
• Lead on small and medium-sized Divisional projects as Subject Matter Expert. Example projects may include implementation of enhancements to our investment proposition to Illustrations and tools.
• Provide oversight and carry out checking of the work of Actuarial Specialists and Actuarial Analysts.
• Ensure accuracy of illustrations, terms and conditions and product documentation.
• Provide product technical and actuarial support to the SJP Group, including the Partnership, on areas such as Capital Gains Tax calculations, Critical Yield Calculations, product functionality, illustrations and other calculations.
• Liaise and maintain relationships with teams across the business and with a range of third-party providers.
• Provide figures and analysis to support business decisions.

Qualifications

• Qualified or nearly qualified actuary with financial services and/or commercial experience (not strictly UK experience, consider other regions).
• Experience leading a team and a strong interest to coach, mentor, and support others.
• Proven track-record leading small and medium-sized divisional projects with the ability to support larger cross-business projects as a Subject Matter Expert.
• Expert in providing product technical and actuarial support, such as financial projections, modelling, and other actuarial calculations.
• Solid understanding of the financial services business environment is required to make recommendations to the Senior Manager of Actuarial Product Support and Leads in the team with confidence.
• Ability to effectively communicate technical content to a variety of audiences with a range of needs and levels of expertise.

Special Requirements

This role is based in Cirencester- we operate a hybrid working approach, with an expectation to attend the office regularly.

What’s in it for you?

We reward you for the work you do, through our discretionary annual bonus scheme that reflects both personal and company performance, competitive annual leave allowance (28 days plus bank holidays, with the option to purchase an additional 5 days), or online rewards platform with a variety of discounts. We also have benefits to support whatever stage of life you are in, including:

• Competitive parental leave (26 weeks full pay)
• Private medical insurance (optional taxable benefit)
• 10% non-contributory pension (increasing with length of service)

Reasonable Adjustments

We"re an equal opportunities employer and want to ensure our recruitment process is accessible and inclusive for all. If you require reasonable adjustment(s) at any stage please let us know by emailing us at [email address]. Research tells us that applicants (especially those from underrepresented groups) can be put off from applying for a role if they do not meet all the criteria or have been on an extended career-break. If you think you would be a good match for this role and can demonstrate some transferable experience please apply, regardless of whether you tick every box.

What’s next?

If you're excited about this role and believe you have the skills and experience we're looking for, we'd love to hear from you! Please submit an application by clicking "apply" below and our team will be in touch. As a business regulated by the FCA we would advise you to familiarise yourself with the conduct regulations and in particular consumer duty obligations prior to an interview with SJP.