Actuary

Royal London Group; Alderley Edge; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

A leading mutual insurance company is seeking a Newly/Nearly Qualified Actuary to join their Longevity Reinsurance team. The role involves supporting the administration of treaties, implementing new swaps, and providing actuarial advice. Candidates should possess strong analytical and problem-solving skills. This position offers a hybrid working environment and a commitment to diversity and inclusion. Benefits include 28 days of annual leave, an employer-matching pension scheme of up to 14%, and private medical insurance.

Benefits

28 days annual leave

Up to 14% employer matching pension scheme

Private medical insurance

Qualifications

• Relevant experience in longevity reinsurance.
• Proven track record of managing complex actuarial projects.
• Ability to work effectively in a hybrid work environment.

Responsibilities

• Support the administration of Longevity Reinsurance treaties.
• Support the implementation and onboarding of new longevity swaps.
• Monitor and analyze experience to inform business decisions.
• Provide expert actuarial advice to stakeholders.
• Ensure compliance with regulatory requirements.

Skills

Analytical skills

Problem-solving

Communication

Interpersonal abilities

Education

Newly / Nearly Qualified Actuary

Job description

Job Title : Newly / Nearly Qualified Actuary

Contract Type : Permanent

Location : London OR Alderley Park

Working style : Hybrid 50% home / office based

Closing date : 17th December 2025

We have a fantastic opportunity to join the team at Royal London, the UK’s largest mutual life, pensions, and investment company. We are looking for a talented Actuary to support our Longevity Reinsurance team.

This role has arisen due to the planned growth of our BPA business and provides an opportunity to make a positive impact on Royal London’s risk management while supporting our continued success. We are proud to support flexible working, and invite candidates both from diverse backgrounds and with different experience to consider this role.

About the Role

• Support the administration of Longevity Reinsurance treaties as part of a wider Longevity Risk team.
• Support the implementation and onboarding of new longevity swaps.
• Monitor and analyse experience to inform business decisions.
• Provide expert actuarial advice and insights to stakeholders.
• Ensure compliance with regulatory requirements and internal policies.

About You

• Newly / Nearly Qualified Actuary with relevant experience in longevity reinsurance.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Proven track record of managing complex actuarial projects.
• Ability to work effectively in a hybrid work environment.
• Passionate about making a positive impact in the financial services industry.

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.