ALM Investments Insurance Actuary

Goodman Masson; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading asset management firm is looking for a qualified actuary with circa 3–5 years of PQE to join their specialist team. The role involves supporting investment and ALM solutions for UK life insurance clients, contributing to regulatory analysis, and developing hedging strategies. Ideal candidates will have experience in UK life insurance and the ability to communicate complex actuarial concepts clearly. This position offers a unique opportunity to broaden exposure and work closer to investment decision-making.

Qualifications

• Qualified actuary with circa 3–5 years' PQE in UK life insurance.
• Strong understanding of regulatory balance sheets and ALM challenges.
• Experience in communicating with non-actuarial stakeholders.

Responsibilities

• Support investment and ALM solutions for UK life insurance clients.
• Contribute analysis around Solvency UK and capital constraints.
• Support development of hedging strategies across risks.
• Produce high-quality technical and thematic content.
• Engage with insurance clients to build firm profile.

Skills

Fellow of the IFoA

UK life insurance actuarial experience

Understanding of Solvency UK

Ability to communicate complex actuarial concepts

Job description

Role Overview

A leading asset manager is looking to appoint a qualified actuary (circa 3–5 years’ PQE) to join a specialist team working closely with UK life insurance clients on investment, balance sheet and ALM-related solutions.

Responsibilities

• Provide actuarial and balance-sheet insight to support investment and ALM solutions for UK life insurance clients.
• Contribute to analysis around Solvency UK, capital, and regulatory constraints, including the Matching Adjustment.
• Support the development of hedging strategies across rates, inflation and related risk exposures.
• Produce high-quality technical and thematic content, including peer analysis, regulatory commentary and client materials.
• Engage directly with insurance clients and help build the firm’s profile in the UK insurance market.

Candidate Profile

• Essential: Fellow of the IFoA with UK life insurance actuarial experience, strong understanding of Solvency UK and insurers’ regulatory balance sheets, familiarity with the Matching Adjustment and its impact on investment and ALM decisions, clear understanding of ALM challenges facing UK life insurers (particularly annuity writers and consolidators), ability to communicate complex actuarial concepts clearly to non-actuarial stakeholders.
• Desirable: ALM experience or a strong balance sheet-focused background, exposure to derivatives, hedging or investment strategy, understanding of IFRS 17 (helpful but not essential).
• This role would suit an actuary coming from life insurance consulting, a BPA insurer, or a capital / investment-focused actuarial team, who is keen to broaden their exposure, work closer to investment decision-making, and build a more outward-facing profile.

Application

For a confidential discussion, please apply / contact: [e-mail].