Senior Actuarial Trainee: BPA Pricing (Hybrid)

Royal London; Alderley Edge; Hybrid; GBP 32,000 - 42,000; Full time

Benefits offered by this job

28 days annual leave

Employer pension match up to 14%

Private medical insurance

Job summary

Royal London is hiring a Senior Actuarial Trainee to join the Bulk Purchase Annuity (BPA) pricing team. You'll work on BPA pricing projects, perform data analysis, and help model pension schemes in a collaborative, development-focused environment.

The role offers a permanent full-time contract (35 hours per week) with hybrid working (50% home/office) at Alderley Park. Progress toward actuarial qualification is supported as you gain hands-on experience and contribute ideas.

Qualifications

• Progress towards an actuarial qualification.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal abilities.
• Ability to work independently and as part of a team.

Responsibilities

• Deliver key elements of BPA transaction pricing.
• Produce analysis of pension scheme data and interpret benefits.
• Set up, run and troubleshoot actuarial pricing models, checking outputs are reasonable.
• Identify data issues and complex or non-standard benefits, working with colleagues to determine an appropriate modelling approach.
• Take ownership of your development, proactively building your technical and commercial understanding.
• Look for opportunities to improve pricing processes.

Skills

Analytical

Problem solving

Communication

Teamwork

Independent work

Education

Actuarial qualification progress

Job description

Royal London is hiring a Senior Actuarial Trainee to join the Bulk Purchase Annuity (BPA) pricing team. You'll work on BPA pricing projects, perform data analysis, and help model pension schemes in a collaborative, development-focused environment.

The role offers a permanent full-time contract (35 hours per week) with hybrid working (50% home/office) at Alderley Park. Progress toward actuarial qualification is supported as you gain hands-on experience and contribute ideas.