Global Life Actuary – Assumption Development & R&D

Pacific Life; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

25 days annual leave

Private medical insurance

Parental leave

Group Life Insurance

Pension contributions

Gym membership

Employee Assistance Program

Cycle to Work

Volunteer days

Charitable matching

Job summary

Pacific Life Re is seeking an almost-qualified or fellow actuary to join the R&D team in developing best estimate assumptions for Longevity and Protection markets. You will work across data analysis, model fitting, validation, and obtain final approvals, contributing novel methods such as GLMs and Survival models while collaborating with medical analytics and pricing teams.

The role offers exposure to diverse markets across Europe and North America, with opportunities to mentor junior staff and

Qualifications

• Nearly qualified or Fellow of the Institute or Faculty of Actuaries or Society of Actuaries or other similar organisation.
• Strong analytical skills and problem‑solving abilities.
• Uses structured reasoning to solve straightforward problems, and contributes to more complex decisions by identifying options and evaluating trade‑offs.
• Applies judgement to deliver in new or evolving areas, with support where needed.
• An understanding of Longevity or Protection reinsurance markets.
• Familiarity with experience studies, trend modelling, and pricing in life insurance (reinsurers, insurers or consultants).
• Competent in SQL, R or Tyche.
• Knowledge of GLMs and Survival Models.
• Value on innovation and continuous improvement.
• Ability to collaborate and present to diverse audiences.

Responsibilities

• Contribute to development of market-leading assumptions by sourcing data and building models.
• Provide robust challenge to pricing assumptions and methods.
• Build relationships with stakeholders to support alignment on technical recommendations.
• Support actuarial research, thought‑leadership, and academic partnerships.
• Mentor members of the R&D team and support junior colleagues.

Skills

Actuary

Longevity knowledge

Data analysis

SQL/R

Modeling

Communication

Education

Actuarial Fellowship

Tools

SQL

R

Tyche

Job description

Pacific Life Re is seeking an almost-qualified or fellow actuary to join the R&D team in developing best estimate assumptions for Longevity and Protection markets. You will work across data analysis, model fitting, validation, and obtain final approvals, contributing novel methods such as GLMs and Survival models while collaborating with medical analytics and pricing teams.

The role offers exposure to diverse markets across Europe and North America, with opportunities to mentor junior staff and