Reinsurance Actuary

The Actuary; Greater London; Hybrid; GBP 90,000 - 120,000; Full time

Job summary

Oliver James are exclusively representing a leading UK insurer on a Reinsurance Actuary opportunity within its BPA team in London. This is a transaction-focused role for a Qualified Actuary with longevity pricing experience, offering exposure to the full reinsurance lifecycle—from analysis and pricing through structuring and execution.

You’ll work across BPA reinsurance activity including Pension Risk Transfer (PRT), longevity swaps, funded reinsurance, back-book transactions, and longevity

Qualifications

• Qualified Actuary with up to 5 years PQE.
• Strong longevity pricing experience.
• Experience with cashflow modelling and large datasets.
• BPA/PRT or wider reinsurance exposure is highly relevant.
• Programming or coding experience is a useful additional skill.
• Technically focused with a commercial element.

Responsibilities

• Work across BPA reinsurance activity including Pension Risk Transfer (PRT), longevity swaps, funded reinsurance, back-book transactions and longevity pricing/experience analysis.
• Engage directly with reinsurers and senior stakeholders and gain exposure to live transactions.
• Apply strong technical and analytical capabilities to pricing, structuring and negotiation efforts.

Skills

Longevity pricing

Technical analysis

Cashflow modelling

Programming / coding

Job description

Reinsurance Actuary - BPA & Longevity

London | Permanent | Qualified Actuary

Oliver James are exclusively representing a leading UK insurer on a Reinsurance Actuary opportunity within its growing BPA team.

This is a transaction-focused role for a Qualified Actuary with longevity pricing experience who wants exposure to the full reinsurance lifecycle - from analysis and pricing through to structuring, negotiation and execution.

The Opportunity

You’ll work across a broad range of BPA reinsurance activity, including:

• Pension Risk Transfer (PRT)
• Longevity swaps
• Funded reinsurance
• Back-book transactions
• Longevity pricing and experience analysis

The role is technically focused, with a commercial element. You’ll work directly with reinsurers and alongside senior stakeholders, gaining exposure to live transactions.

What We’re Looking For

• Qualified Actuary with up to 5 years PQE
• Strong longevity pricing experience
• Strong technical and analytical capability
• Experience with cashflow modelling and large datasets
• BPA/PRT or wider reinsurance exposure is highly relevant
• Programming or coding experience is a useful additional skill.

Why This Role?

A chance to move beyond a traditional actuarial pricing role and work on varied, live reinsurance transactions within a rapidly developing area of the BPA market.

The team is looking for someone who can make an impact from day one, with the opportunity to broaden their transaction experience and develop towards greater responsibility as the team grows.

London-based team | 2 days per week in the office ideally