Longevity Actuary: Pricing & Basis Specialist

Munich Re Group; City Of London; On-site; GBP 95,000 - 135,000; Full time

Benefits offered by this job

Private medical insurance

Employer pension 10%

25 days annual leave

Fully paid 6 months family leave

Job summary

Munich Re Group’s UK Life Branch seeks a Longevity Actuary to drive profitable new business. You will price longevity risk, validate data and models, and support basis and proposition development across UK and cross‑border markets.

The role emphasizes technical pricing, collaboration, and knowledge sharing within a growing centre of competence. The team values strong analytics, independence, and the ability to deliver under pressure, with opportunities to influence pricing strategy and drive

Qualifications

• Essential: bulk annuity market and longevity swap pricing experience.
• Essential: strong analytical and modelling skills; ability to work independently.
• Essential: technical modelling in Excel, VBA, R or similar.
• Desirable: longevity insurance/reinsurance experience.
• Desirable: contacts with longevity market players.

Responsibilities

• Support deal origination and pricing processes (40%).
• Develop pricing bases and client propositions (30%).
• Coordinate Longevity team activities and share market developments (20%).
• Lead or support pricing, basis development, and market offerings for UK and international markets (10%).
• Assist with system development to improve efficiency and automation.

Skills

Longevity pricing

Actuarial modelling

Excel/VBA/R

Data analysis

Communication skills

Education

Nearly or newly qualified actuary

Experience in bulk annuity/longevity market

Tools

Excel

VBA

R

Job description

Munich Re Group’s UK Life Branch seeks a Longevity Actuary to drive profitable new business. You will price longevity risk, validate data and models, and support basis and proposition development across UK and cross‑border markets.

The role emphasizes technical pricing, collaboration, and knowledge sharing within a growing centre of competence. The team values strong analytics, independence, and the ability to deliver under pressure, with opportunities to influence pricing strategy and drive