Life Actuary: Risk & Capital – Early-Career Opportunity

The Actuary; Dorking; Hybrid; GBP 65,000 - 90,000; Full time

Job summary

The Actuary is partnering with a leading UK group protection provider to recruit an Actuarial Consultant into its Risk & Capital team. Nearly or newly qualified actuaries with a life insurance background and strong technical skills are encouraged to apply.

You will contribute to core risk and capital activities, performing detailed actuarial analysis and supporting projects that influence capital position, risk assessment and product development.

Qualifications

• Nearly or newly qualified actuary with 2–3 exams remaining.
• Life insurance background with strong technical actuarial experience.
• Experience in modelling, assumptions, experience analysis, or valuation.
• Experience of capital modelling, internal models, stress testing or calibration.
• Familiarity with Prophet, GLMs, Emblem, and R.
• Knowledge of Solvency II or Solvency UK.
• Right to work in the UK (visa sponsorship not available).

Responsibilities

• Undertake internal model stress testing and calibration, analysing impact on capital requirements.
• Support setting and reviewing actuarial assumptions using data and experience analysis.
• Analyse demographic and economic experience and contribute to investigations and reporting.
• Produce technical analysis to support capital reporting and risk assessment.
• Review students' work on internal models and provide technical guidance.
• Contribute to technical projects for new product development and claims experience.
• Support initiatives related to Matching Adjustment and strategic partnerships.
• Collaborate across the actuarial function and mentor actuarial students.

Skills

Life insurance

Assumption setting

Experience analysis

Capital modelling

Internal models

Stress testing

Valuation

Statistical analysis

Tools

Prophet

GLMs

Emblem

R

Job description

The Actuary is partnering with a leading UK group protection provider to recruit an Actuarial Consultant into its Risk & Capital team. Nearly or newly qualified actuaries with a life insurance background and strong technical skills are encouraged to apply.

You will contribute to core risk and capital activities, performing detailed actuarial analysis and supporting projects that influence capital position, risk assessment and product development.