Actuarial Technician

Royal London; City of Edinburgh; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

A leading mutual life and pension company is seeking an Actuarial Technician to join their Pensions Commercial team. The successful candidate will perform technical analysis, contribute to pricing decisions, and uphold actuarial controls. This role offers the opportunity to develop your skills in a collaborative environment with a focus on continuous improvement. Candidates should demonstrate strong problem-solving abilities, attention to detail, and excellent communication skills. A hybrid working model is available along with competitive workplace benefits.

Benefits

28 days annual leave

Private medical insurance

Up to 14% employer matching pension scheme

Qualifications

• Demonstrate strong attention to detail and a critical approach to reviewing work.
• Possess excellent communication skills, enabling clear and constructive feedback.
• Highly numerate with good problem-solving skills.

Responsibilities

• Undertake technical analysis using standard actuarial techniques.
• Contribute to trading performance insight and pricing support.
• Challenge and improve processes and documentation.

Skills

Technical analysis

Attention to detail

Problem-solving

Communication skills

Numeracy

Job description

Job Title: Actuarial Technician

Contract Type: Permanent

Location: Edinburgh

Working style: Hybrid 50% home/office based

Closing date: 30th December

As an Actuarial Technician within our Pensions Commercial team,you'll work closely with our Distribution teams, support key pricing decisions, and help to shape the future of our products and services.

You'll work on a variety of projects, from bespoke pricing to trading performance insight and play a vital role in ensuring our processes and models are robust and future-ready.

This is your chance to make a real difference, develop your technical skills, and see the tangible impact of your work across the business.

If you're looking for a role where your curiosity, attention to detail, and drive for improvement will be valued and rewarded, we'd love to hear from you.

About the role

• Undertake technical analysis using standard actuarial and analytical techniques, performing reasonableness checks and documenting work clearly.

• Contribute to business‑as‑usual outputs such as trading performance insight, Distribution pricing support and supporting retention of existing business.
• Challenge and make improvements and efficiencies to processes, procedures, and documentation.
• Maintain and test systems and processes (e.g., spreadsheets, modelling tools), providing feedback and suggesting improvements.
• Support projects with analysis, clear progress communication, and well‑reasoned challenges to improve delivery and outcomes.
• Uphold actuarial controls: identify and elevate risks, ensure data accuracy, and help correct errors to ensure fair treatment of customers.

About you

• Able to work effectively both as part of a team and independently, supporting colleagues and contributing positively to group objectives.

• Demonstrate strong attention to detail and a critical approach to reviewing both your own and others' work, ensuring accuracy and quality.

• Possess excellent communication skills, including verbal, written, and listening abilities, enabling clear and constructive feedback.

• Highly numerate with good problem‑solving skills, applying analytical techniques to deliver robust results.

About Royal London

We're the UK's largest mutual life, pensions and investment company, offering protection, long‑term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits

Inclusion, diversity and belonging

We're an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected - whatever their background.