ALM Investments Insurance Actuary

Banking & Financial Services; City Of London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A prestigious global investment bank is seeking an Associate in Insurance ALM & Investment Solutions in London. This role is ideal for a nearly or newly qualified actuary with experience in ALM, capital management, or insurance investments. Candidates will be involved in client-facing activities that support hedging and investment solutions, offering exposure to high-profile clients and complex transactions.

Qualifications

• Nearly or newly qualified actuary with experience in ALM or capital management.
• Understanding of challenges facing UK life insurers, especially annuity writers.
• Strong communication skills for client interactions.

Responsibilities

• Support delivery of hedging and investment solutions for insurance clients.
• Produce market insight and analysis on ALM developments.
• Collaborate to design and execute strategies for insurers’ balance sheet.

Skills

ALM

Capital management

Insurance investments

Derivatives pricing

Discounted cash flow modelling

Education

Actuarial qualification (nearly or newly qualified)

Tools

Solvency II

Matching Adjustment

Job description

Associate – Insurance ALM & Investment Solutions

London | Investment Bank

A prestigious global investment bank is seeking a bright and commercially minded actuary to join their Insurance team in London. This is an excellent opportunity for a nearly or newly qualified actuary (or up to 2 years’ PQE) with experience in ALM, capital management or insurance investments to move into a front-office, client-facing role.

You’ll work closely with senior colleagues across Client Solutions and Risk to help deliver financing, investment and risk management strategies to leading UK life insurers. The position combines actuarial understanding with exposure to financial markets and direct client engagement — ideal for someone looking to broaden their career beyond traditional actuarial work.

Key Responsibilities

• Support the delivery of hedging, financing and investment solutions for insurance clients across interest rate, inflation and FX markets.

• Produce market insight and analysis on ALM and regulatory developments, contributing to client materials and presentations.

• Collaborate across the business to design and execute strategies that align with insurers’ balance sheet and capital objectives.

• Build technical and commercial expertise through on-the-job learning and close interaction with senior market professionals.

Ideal Profile

• Nearly or newly qualified actuary (or up to 2 years’ PQE) with experience in ALM, capital management or insurance balance sheets.

• Understanding of the challenges facing UK life insurers, especially annuity writers and consolidators.

• Working knowledge of Solvency II, Matching Adjustment, and insurer capital frameworks.

• Exposure to derivative pricing or discounted cash flow modelling advantageous.

• Strong communicator with the confidence to operate in a client-facing environment.

This is a rare opportunity for a technically strong actuary to step into a front-office role within a leading investment bank, gaining exposure to high-profile clients, complex transactions and senior decision-makers.

To discuss this opportunity in confidence, please contact Bradley Grant at Goodman Masson email [e-mail].