Pricing Actuary, Retail Annuities – Modelling & Growth

Miryco Consultants Ltd; England; On-site; GBP 90,000 - 120,000; Full time

Job summary

Miryco Consultants Ltd is seeking a Pricing Actuary specialising in Retail Annuities. You will build and evolve pricing models, create governance for updates, and design quotation infrastructure and MI for the customer proposition.

The role combines rigorous modelling with commercial insight, collaborating with distribution, operations, technology and product teams to support growth in the UK annuity market.

Qualifications

• Qualified or nearly qualified actuary (IFoA Fellowship or equivalent), with experience in Individual Annuity pricing.
• Experience of longevity postcode models, mortality experience.
• Ability to translate pricing outputs into clear business recommendations.
• Strong communication skills for stakeholders, including senior groups.
• Curiosity and willingness to learn to become a subject matter expert.

Responsibilities

• Develop the retail annuity pricing model and improve it with tech teams.
• Lead reinsurer selection process and integrate underwriting with pricing.
• Create MI on market pricing dynamics; monitor competitor rates and advise changes.
• Provide actuarial input to product development and pricing of new features.
• Contribute to regulatory and capital reporting for annuities.

Skills

Actuarial pricing

Commercial awareness

Communication skills

Self-starter

Curiosity

Education

IFoA Fellowship or equivalent

Job description

Miryco Consultants Ltd is seeking a Pricing Actuary specialising in Retail Annuities. You will build and evolve pricing models, create governance for updates, and design quotation infrastructure and MI for the customer proposition.

The role combines rigorous modelling with commercial insight, collaborating with distribution, operations, technology and product teams to support growth in the UK annuity market.