Longevity Actuary – 29586

The Emerald Group; Greater London; Hybrid; GBP 65,000 - 90,000; Full time

Job summary

The Emerald Group in London is seeking a Longevity Actuary to help secure profitable new business by acting as a pricing and process expert. The role supports tender activity for UK and non-UK markets and requires strong modelling skills.

You will develop pricing approaches, assess data and modelling methods, and contribute to longevity basis development across markets. Hybrid working arrangements apply for this permanent position.

Qualifications

• Strong analytical and modelling skills with the ability to work independently and apply judgement.

Responsibilities

• Support new business tenders for UK and non-UK markets.
• Develop and understand pricing approaches and models to assist the team.
• Assess data and modelling methods to keep processes competitive and efficient.
• Support longevity basis development for UK and non-UK markets.
• Directly relevant actuarial experience in bulk annuity/longevity swap markets.
• Develop models in Excel, VBA, R or other programming languages.

Skills

Analytical ability

Modelling capability

Pricing knowledge

Independent working

Education

Actuarial qualification (nearly/soon qualified)

Tools

Excel

VBA

R

Job description

The Longevity Actuary has a key role in helping the Longevity team in securing profitable new business by acting as a pricing and process expert.

• Location: London/ Hybrid working
• Category: Life Actuarial
• Type: Permanent

Key Duties (Including but not limited to):

• Support new business tenders both for UK and in non-UK markets
• Develop an in-depth understanding of our pricing approach and models used, such that they can support the wider team with their technical and modelling capabilities
• Assess new data (internal and external) and modelling approaches such that the Longevity team’s processes remain competitive, market appropriate and efficient across both new business and in-force activities
• Support longevity basis development both for the UK and non-UK markets
• Nearly or newly qualified actuary
• Directly relevant actuarial experience of the bulk annuity/longevity swap market, DB pensions market or longevity swap pricing
• Relevant experience of the bulk annuity market and longevity swap pricing
• Strong analytical and modelling skills, with the ability to work independently and apply judgement
• Technically strong, with the ability to develop models in Excel, VBA, R, or other programming languages