Longevity Actuary

The Actuary; Manchester; Hybrid; GBP 50,000 - 70,000; Full time

Job summary

Oliver James are working with a well-established life insurer to appoint a Newly or Nearly Qualified Actuary to join its Longevity Team in Manchester. You will help shape longevity assumptions and modelling capabilities, contributing to mortality improvement methodologies and postcode rating models.

The role offers exposure to BPA market, mortality assumptions, and longevity risk modelling, with a focus on technical excellence and clear communication of complex actuarial concepts.

Qualifications

• Newly or nearly qualified actuary (IFoA or equivalent).
• Experience in longevity-focused actuarial work.
• Background in insurer or reinsurer, ideally BPA exposure.
• Strong technical and analytical skills and ability to communicate complex concepts.

Responsibilities

• Develop and refine longevity assumptions and mortality improvement methodologies.
• Calibrate demographic assumptions for pricing and valuations.
• Perform mortality experience investigations and assumption reviews.
• Develop and enhance longevity risk models for risk and capital assessments.
• Support evolution of actuarial methodologies to meet regulatory requirements.

Skills

Mortality modelling

Longevity risk

IFoA eligible

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

You will play an active role in developing and enhancing longevity assumptions and modelling capabilities, including:

• 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.