Actuary - Nearly/Newly Qualified

Unum; Dorking; Hybrid; GBP 65,000 - 90,000; Full time

Benefits offered by this job

Bonus scheme

Private medical insurance

Pension scheme

Life assurance

Mental health support

Holiday buy/sell

EV salary sacrifice

Learning & progression

Job summary

Unum UK is seeking a Nearly/Newly Qualified Actuary to join the Actuarial Risk and Capital team. Hybrid role based in Dorking, with 3 days in the office and 2 from home. You’ll analyse experience, set capital & risk assumptions, calibrate stresses, and produce insightful reporting for senior stakeholders.

This is an excellent opportunity to broaden expertise, own meaningful work, and advance your career in a collaborative environment that values development and high-quality delivery.

Qualifications

• Nearly qualified actuary with 1-2 exams remaining.
• Knowledge of Life Insurance, General Insurance or Pensions.
• Good communication with stakeholders in Finance and business.

Responsibilities

• Analyse demographic and economic experience to support robust actuarial decision making and business insight.
• Use actuarial judgement to help set assumptions used within capital and risk management activities.
• Support the calibration of capital stresses within Unum’s Internal Model framework.
• Produce high-quality reporting and analysis on experience investigations, assumptions and capital outcomes.
• Contribute to the ongoing development and enhancement of risk and capital methodologies, processes and controls.
• Support a range of change initiatives, strategic projects and capital-related developments across the business.
• Collaborate with colleagues across Finance, Risk and the wider organisation to deliver actuarial insight and business value.
• Present complex actuarial findings in a clear and accessible way to a variety of stakeholders, including senior management.
• Provide guidance, coaching and support to actuarial students, helping contribute to the development of future talent within the team.
• Continuously challenge existing approaches and identify opportunities to improve methodologies, efficiency and effectiveness.

Skills

Actuarial analysis

Stakeholder communication

Capital modelling

Experience analysis

Problem solving

Collaboration

Education

Nearly qualified actuary (1-2 exams remaining)

Job description

Job Posting End Date: December 03

Who are we?

We’re a specialist employee benefits provider, striving to create healthy, happy workplaces. As part of the international Unum Group, we’re on a collective mission to help the working world thrive.

The role

What will you be doing?

As a Nearly/Newly Qualified Actuary within our Actuarial Risk and Capital team, you’ll play a key role in helping Unum understand, manage and optimise its capital position. You’ll work with a wide range of stakeholders across Finance and the wider business, analysing experience, supporting capital modelling and helping shape the assumptions that underpin key business decisions.

This is an excellent opportunity for an actuary looking to broaden their expertise, take ownership of meaningful work and develop their career within a supportive and collaborative team environment.

You’ll:

• Analyse demographic and economic experience to support robust actuarial decision making and business insight.
• Use actuarial judgement to help set assumptions used within capital and risk management activities.
• Support the calibration of capital stresses within Unum’s Internal Model framework.
• Produce high-quality reporting and analysis on experience investigations, assumptions and capital outcomes.
• Contribute to the ongoing development and enhancement of risk and capital methodologies, processes and controls.
• Support a range of change initiatives, strategic projects and capital-related developments across the business.
• Collaborate with colleagues across Finance, Risk and the wider organisation to deliver actuarial insight and business value.
• Present complex actuarial findings in a clear and accessible way to a variety of stakeholders, including senior management.
• Provide guidance, coaching and support to actuarial students, helping contribute to the development of future talent within the team.
• Continuously challenge existing approaches and identify opportunities to improve methodologies, efficiency and effectiveness.

What will you bring?

We’re looking for a collaborative and commercially minded actuary who enjoys solving complex problems, challenging assumptions and delivering high-quality work. Whether you’re approaching qualification or have already qualified, you’ll bring strong technical capability alongside the ability to communicate effectively with a wide range of stakeholders.

You’ll ideally have:

• Be a nearly qualified actuary with 1-2 exams remaining, or a newly qualified actuary with up to 3 years’ post-qualified experience.
• Experience gained within Life Insurance, General Insurance or Pensions, with an interest in applying your skills within a new environment.
• Knowledge of Solvency UK and the wider UK regulatory framework.
• Strong analytical and problem-solving skills, with the ability to interpret complex data and communicate meaningful insights.
• Experience of actuarial modelling, assumption setting, experience analysis or capital management activities.
• Excellent written and verbal communication skills, with the ability to engage confidently with senior stakeholders.
• A collaborative approach, with experience supporting, mentoring or working closely with actuarial students and colleagues.
• The ability to balance strong technical understanding with commercial awareness and practical decision making.
• A curious mindset, with a desire to understand methodologies, challenge existing approaches and drive continuous improvement.
• Strong organisational skills and the ability to deliver high-quality work across multiple priorities.
• A proactive approach to learning, development and professional growth.
• An interest in building a long-term career within Group Risk and the wider Life Insurance market.

Location

Hybrid working. 3 days in office, 2 days from home. From office location in Dorking.

Benefits

• Generous bonus scheme
• Private Medical Insurance
• Defined Contribution pension scheme
• Life assurance and Income Protection
• Access to remote GP services, nutrition coaching, personal training, unlimited mental health support and medical second opinions
• Generous holiday allowance, with the option to buy and sell up to 5 additional days
• Salary sacrifice electric vehicle scheme with on-site charging facilities
• Access to learning, development and career progression opportunities across Unum UK

Why join us?

At Unum, we’ve created a workplace where people feel supported to progress and grow, and can see their ambitions coming to life.

As a part of our commitment to creating an inclusive workplace, we actively encourage applications from those with disabilities and those with long-term health conditions.

If you meet the essential criteria for the role and choose to opt in to the scheme during your application, you will be offered an interview under the Disability Confident Scheme.

If you need assistance and/or reasonable accommodation due to a disability during the application or recruiting process, please send a request to [e-mail].

We are proud to be a Disability Confident Employer.

Company:

Unum UK