Senior Actuarial Analyst

LV=; Bournemouth; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a Senior Actuarial Analyst to join their dynamic Protection Pricing team. This role offers growth opportunities for both experienced professionals and strong Actuarial Analysts ready to advance their careers. You will leverage your expertise in actuarial analysis and statistical modelling to support pricing for Life, Critical Illness, and Income Protection products. The company promotes a culture of continuous improvement and values diversity, making it an excellent place for personal and professional development. Join a team dedicated to delivering high-quality solutions and making a positive impact on customers' lives.

Benefits

28 days' holiday

Annual bonus scheme

Flexible benefits

Competitive pension scheme

Group Life Assurance

Employee Assistance Programme

Virtual GP service

Shared parental leave

Discount on life products

Qualifications

• Strong analytical skills with attention to detail.
• Experience in actuarial modelling and pricing.

Responsibilities

• Support pricing and modelling tasks for protection products.
• Deliver complex work accurately and on time.

Skills

Actuarial Analysis

Statistical Modelling

Data Analysis

Communication Skills

Education

Part Qualified Actuary

Certified Actuarial Analyst (CAA)

Tools

Prophet Software

Spreadsheets

Job description

About The Role

We have a fantastic opportunity for an analytical, methodical individual to join our established Protection Pricing team as a Senior Actuarial Analyst.
Within this role, there will be growth and development opportunities, so we are also open to receiving applications from strong Actuarial Analysts who are looking to take the next step within their career.
You will utilise your specialist technical knowledge and experience to support individual Protection Pricing (Life, Critical Illness and Income Protection products) and contribute towards the team’s delivery of targets to agreed time and quality standards.

Key Responsibilities

• Supporting the team with a wide range of tasks relating to pricing, proposition, modelling, reinsurance, distribution, assumption setting and other commercial actuarial work.
• Consistently delivering complex work in an accurate and timely manner.
• Following and understanding processes that use complex mathematical formulas, particularly around advanced statistics and modelling.
• Using spreadsheets/specialist software to manage processes and complete data analysis tasks.
• Creating reports to confirm your findings and explain your calculations in a user-friendly format, for others in your area of expertise and non-specialists.
• Ensuring all applicable LVFS policies and processes are followed.
• Providing informal guidance to Actuarial Analysts and more junior Senior Analysts.
• Contributing to and supporting your team’s continuous improvement initiatives.
• Maintaining your own awareness of the latest commercial and technical developments.
• Deputising for your manager when required and appropriate.
• Providing training to junior colleagues when required.

About You
Our ideal candidate will…

• If studying towards a professional qualification, be a part qualified actuary, certified actuarial analyst (CAA) or qualified by experience.
• Have a great eye for detail, with the ability to spot and rectify any errors.
• Demonstrate fantastic communication skills, both written and verbal.
• Have an understanding of actuarial modelling software and calculations, ideally Prophet.
• Mainly be able to work independently with minimal guidance (training on key systems and LV= processes will be provided).

At LV= Life and Pensions, you’ll go above and beyond to do the right thing for our customers. We’ll reward your hard work with an attractive, competitive salary and benefits package, which includes:

• 28 days' holiday – increasing after two years of service to 30 days.
• The opportunity to buy or sell up to five days of holiday.
• An annual bonus scheme based on company and personal performance.
• Flexible benefits, including a cycle to work scheme, personal accident insurance, critical illness cover, private medical insurance, and dental insurance.
• Competitive pension scheme - LV= Life and Pensions will double-match the amount you pay, up to 14% (subject to
• National Minimum Wage requirements).
• Group Life Assurance of four times your basic pay to your dependents (you’ll have the option to increase this to 8 x cover).
• Group Income Protection, if you enrol into the pension scheme and reach 5 years of service.
• Employee Assistance Programme (EAP) service for support when you need it.
• Virtual GP service.
• Shared parental leave.
• Up to 20% discount on our life products for you and your immediate family.

About Us

Here at LV= Life and Pensions we love to hear from great people, so don’t forget to connect with us on social media.

We’re proudly an equal-opportunity employer and we highly value diversity and inclusivity.

We don’t discriminate on race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

We’re also open to conversations about flexible working as part of your application - if it’s right for our customers, our business and for you, then we’ll do everything we can to make it happen.

Please note that we are unable to offer Skilled Worker Visa Sponsorship for this role. Therefore, you must ensure that you are eligible to work in the UK without our sponsorship in order for your application to be considered.

Please note that any successful internal colleagues will be offered a secondment opportunity. The secondment policy is available on the intranet for internal colleagues.