Actuary (BPA)

Royal London; Alderley Edge; Hybrid; GBP 55,000 - 75,000; Full time

Benefits offered by this job

28 days annual leave

Pension with employer matching

Private medical insurance

Job summary

Royal London in Alderley Park is seeking a newly qualified Actuary to join the Bulk Purchase Annuity (BPA) team, providing robust actuarial analysis across BPA deals and ensuring pricing models deliver the right outcomes.

We offer hybrid working (50% home/office) and opportunities to develop technical and commercial skills within the UK’s largest mutual life, pensions and investment company.

Qualifications

• Newly qualified Actuary with BPA or pensions experience.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.

Responsibilities

• Take ownership for the running of BPA transaction pricing.
• Produce analysis of pension scheme data and interpret benefits.
• Independently set up, run and troubleshoot pricing models.
• Analyse more complex scheme benefits and modelling challenges, proposing approaches and clearly communicating areas requiring judgement or escalation.

Education

Newly qualified Actuary

Job description

“It feels good to have a career with real purpose.”

Contract type: Permanent Full Time 35 hours per week
Location: Alderley Park
Working style: Hybrid 50% home/office based

We have brand new opportunities to join the Bulk Purchase Annuity (BPA) team at Royal London, the UK's largest mutual life, pensions, and investment company.

We are looking for a newly qualified Actuary to work across BPA deals, providing robust actuarial analysis and ensuring our models and pricing outputs deliver the right outcomes.

To help us manage applications effectively, we reserve the right to close this vacancy early once we have received a high number of applications or identified enough suitable candidates for the next stage of the process. We encourage you to apply as early as you can.

About the role

Take ownership for the running of BPA transaction pricing,

Produce analysis of pension scheme data and interpret benefits.

Independently set up, run and troubleshoot suite of actuarial pricing models.

Analyse more complex scheme benefits and modelling challenges, proposing approaches and clearly communicating areas requiring judgement or escalation.

Take ownership of your development, proactively building your technical and commercial understanding.

Look for opportunities to improve pricing processes.

About you

Newly qualified Actuary with experience in BPA, pensions or other relevant field.

Strong analytical and problem-solving skills.

Excellent communication and interpersonal abilities.

Ability to work effectively independently and as part of a team.

Experience in the life, pensions, or investment sectors is a plus.

If you feel you’d be a great fit for Royal London but don’t meet every requirement, we’d still love to hear from you. Research shows some candidates are less likely to apply unless they meet 100% of the criteria - if you meet most requirements and are keen to learn, we encourage you to apply!

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.

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.

Only candidates who have the legal right to work in the UK or Ireland can undertake this role.
Unfortunately, Royal London is unable to provide visa or work permit sponsorship.