Longevity Actuary

Oliver James; Greater Manchester; On-site; GBP 45,000 - 65,000; Full time

Job summary

Oliver James Group is seeking a Newly or Nearly Qualified Actuary to join its Longevity Team. The role focuses on mortality improvement methodologies, postcode rating models, and longevity risk modelling within a well-established life insurer.

The position offers exposure to BPA market and opportunities to influence pricing assumptions, valuation models, and regulatory-aligned methodologies. Strong communication of complex actuarial concepts is required.

Qualifications

• Newly or Nearly Qualified Actuary (IFoA or equivalent).
• Experience in longevity-focused actuarial work is a plus.
• Strong analytical and communication skills.

Responsibilities

• Developing and refining mortality improvement methodologies and postcode rating models.
• Calibrating demographic assumptions used in pricing and valuations.
• Performing mortality experience investigations and assumption reviews.
• Developing and enhancing longevity risk models to support risk and capital assessments.
• Supporting evolution of actuarial methodologies to meet regulatory requirements.

Job description

Oliver James are working with a well-established life insurer looking to appoint a Newly or Nearly Qualified Actuary to join its Longevity Team. This is an opportunity to work on some of the most technically interesting areas of the life insurance market, helping shape the assumptions and models that underpin longevity risk management.

The Role

• Developing and refining mortality improvement methodologies and postcode rating models.


• Calibrating demographic assumptions used in individual and bulk annuity pricing and valuations.


• Performing mortality experience investigations and assumption reviews.


• Developing and enhancing longevity risk models to support risk and capital assessments.


• Supporting the evolution of actuarial methodologies to meet changing business and regulatory requirements.

About You

• Newly or Nearly Qualified Actuary (IFoA or equivalent).


• Ideally 3-4 years' experience working within a longevity-focused actuarial role.


• Background within an insurer or reinsurer, ideally with exposure to the BPA market.


• Experience of mortality assumptions, postcode models, basis calculations and longevity risk modelling.


• Strong technical and analytical capabilities, with the confidence to communicate complex actuarial concepts.

Why Consider This Opportunity?

You’ll join an established actuarial team with experienced colleagues, giving you the opportunity to develop your technical expertise while contributing to important business decisions. The team is keen to prioritise relevant technical experience and transferable skills over examination progress alone, making this an excellent opportunity for someone with the right longevity background who is looking to take their next career step.