Senior Actuary

TN United Kingdom; Alderley Edge; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Senior Actuary to join its Finance & Actuarial team. This pivotal role involves providing specialized actuarial advice and analysis, leading a team of experts, and enhancing methodologies for risk calibration and expense assumptions. The ideal candidate will be an FIA or FFA qualified actuary with excellent communication skills and a strong understanding of life and pensions products. Join a forward-thinking organization that values inclusion, professional development, and offers a range of attractive benefits, including an employer-matching pension scheme and private medical insurance.

Benefits

28 days annual leave

14% employer matching pension scheme

Private medical insurance

Qualifications

• Actuary with relevant professional experience and strong communication skills.
• Proven ability to lead and motivate a team effectively.

Responsibilities

• Deliver Longevity & Expense assumptions for BE and Risk Calibration.
• Manage performance and development of actuarial team members.

Skills

Actuary (FIA or FFA)

Communication Skills

Risk Calibration Assumptions

Longevity Assumptions

Team Leadership

Education

Relevant Professional Experience

Job description

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Working style: Hybrid 50% home/office based

We are looking for a Senior Actuary to join our Finance & Actuarial team. This role is crucial in providing specialist actuarial advice and analysis required by the Group. You will act as a technical expert as well as leading and managing a highly specialist team of actuarial professionals.

About the Role:

1. Responsible for the delivery of Longevity & Expense assumptions for BE and Risk Calibration.
2. Utilise understanding of industry best practice in assumption setting to enhance existing methodologies.
3. Manage the performance and development of direct reports.
4. Monitor and check the quality of financial analysis performed by team members.
5. Identify and make improvements to areas in processes with high levels of risk or control failure.
6. Write and coordinate the writing of reports and documentation.
7. Maintain and improve systems/processes used within the required level of governance.
8. Provide actuarial support and leadership to projects as required.

About You:

• Actuary (FIA or FFA) with relevant professional experience.
• Highly developed communication skills, both verbal and written.
• Excellent understanding of life and pensions products, including competitors’ products.
• Adept with risk calibration assumptions, expense assumptions and longevity assumptions.
• Proven ability to lead, manage, and motivate a team.
• Desire for continuous self-improvement and professional development.
• Adaptive to change and forward-thinking.

About Royal London

We’re the UK’s largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits.

Inclusion, diversity and belonging

We’re an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.