Senior Actuary

Royal London; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

Join a forward-thinking company as a Senior Actuary, where your expertise will drive essential actuarial analysis and advice. In this hybrid role, you'll lead a specialized team, ensuring high-quality financial assessments and enhancing methodologies. With a commitment to professional development and an inclusive culture, this opportunity allows you to thrive while contributing to the UK's largest mutual life and pensions provider. Enjoy competitive benefits including generous annual leave and a robust pension scheme, all while making a significant impact in a supportive environment.

Benefits

28 days annual leave

14% employer matching pension scheme

Private medical insurance

Qualifications

• Professional Actuary with experience in life and pensions.
• Strong leadership skills and ability to manage a team.

Responsibilities

• Deliver Longevity & Expense assumptions for BE and Risk Calibration.
• Manage performance and development of actuarial team members.
• Monitor quality of financial analysis and improve processes.

Skills

Actuarial Science (FIA or FFA)

Communication Skills

Risk Calibration Assumptions

Team Leadership

Life and Pensions Products Knowledge

Education

Professional Actuary Qualification

Job description

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Senior Actuary

Date: 7 May 2025

Location: Alderley Edge, GB; London, GB

Company: Royal London Group

Job Title: Senior Actuary

Contract Type: Permanent

Location: Alderley Park / London

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:

• Responsible for the delivery of Longevity & Expense assumptions for BE and Risk Calibration.
• Utilise understanding of industry best practice in assumption setting to enhance existing methodologies.
• Manage the performance and development of direct reports.
• Monitor and check the quality of financial analysis performed by team members.
• Identify and make improvements to areas in processes with high levels of risk or control failure.
• Write and coordinate the writing of reports and documentation.
• Maintain and improve systems/processes used within the required level of governance.
• 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 of 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 recognized and respected – whatever their background.