Senior Consulting Actuary

Barnett Waddingham

Birmingham

On-site

GBP 90,000 - 140,000

Full time

4 days ago

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Benefits offered by this job

Life assurance 4x salary

Income protection 75% salary (up to 5y

Private medical insurance

Pension 5% employee + 10% employer

25 days annual leave (27 after 5 years

Flexible benefits programme

Job summary

Howden, formerly Barnett Waddingham, is seeking a Senior Consulting Actuary with a forte in life insurance capital and risk management to join the Insurance Actuarial & Longevity team. You will lead client projects, mentor juniors and help grow our capital and risk consulting capabilities.

You’ll work with life insurers and consultancies on Solvency II, capital modelling and regulatory projects, leveraging digital tools and advanced modelling to deliver high-quality outcomes and trusted adviser

Qualifications

Qualified Actuary with at least three years’ post-qualification experience in life insurer or consultancy.
Strong knowledge of Solvency UK, Solvency II and Bermuda frameworks.
Experience developing, reviewing or validating risk-based capital models.
Experience applying technology and digital solutions to modelling processes.
Programming experience in Python or R is advantageous.

Responsibilities

Lead and deliver client projects across capital, risk and regulatory consulting engagements.
Support life insurance clients with risk-based capital modelling and capital management.
Work on regulatory applications, business transfer and M&A-related assignments.
Modernise actuarial processes through digital tools and modelling techniques.
Build relationships with client stakeholders and act as trusted adviser.
Develop project scopes and manage delivery timelines.
Contribute to research, thought leadership and new client propositions.
Support business development and grow market presence.
Develop and maintain a professional network in the life insurance sector.
Participate in industry conferences and events.
Coach and mentor juniors; foster collaborative culture.
Collaborate with wider consulting teams to deliver integrated solutions.

Skills

Solvency II knowledge

Capital modelling

Stakeholder management

Python

Education

Qualified Actuary

Job description

Barnett Waddingham is now Howden, bringing our people together as one and offering our people greater opportunities to grow, connect and develop.

This is an exciting opportunity for a qualified actuary with a strong background in life insurance capital and risk management to join our Insurance Actuarial & Longevity (IAL) team. Working alongside a highly regarded team of consultants, you will help deliver complex projects for life insurance clients while contributing to the continued growth and development of our capital and risk consulting capabilities

As a Senior Consulting Actuary, you will work with a diverse client base on a wide range of strategic and regulatory initiatives, providing expert advice and innovative solutions that help clients navigate an evolving market landscape. You will also play an important role in developing client relationships, supporting business growth and mentoring junior colleagues.

A snapshot of your day:

Lead and deliver client projects across capital, risk and regulatory consulting engagements.
Support life insurance clients with risk-based capital modelling, model validation and capital management activities.
Work on regulatory applications, business transfer projects and M&A-related assignments.
Help modernise actuarial processes through the application of digital tools, automation and innovative modelling techniques.
Build strong relationships with client stakeholders and act as a trusted adviser.
Develop project scopes, manage delivery timelines and ensure high-quality outcomes.
Contribute to research, thought leadership and the development of new client propositions.
Support business development activities by identifying opportunities and building market presence.
Develop and maintain a professional network across the life insurance sector.
Participate in industry conferences and events, helping to raise the profile of the IAL team.
Coach, mentor and support more junior colleagues, contributing to a collaborative and high-performing team culture.
Work closely with colleagues across the wider consulting business to deliver integrated client solutions.

We would love to hear from you if you have:

Qualified Actuary status with at least three years’ post-qualification experience gained within a life insurer or consultancy.
Strong knowledge of Solvency UK and related regulatory frameworks such as Solvency II and Bermuda.
Experience developing, reviewing or validating risk-based capital models and calibration methodologies.
Knowledge of capital management and risk management frameworks within the life insurance sector.
Experience applying technology and digital solutions to enhance modelling and actuarial processes.
Programming experience in languages such as Python or R would be advantageous.
A strong understanding of current and emerging topics affecting life insurers.
Excellent communication and presentation skills, with the ability to explain complex concepts clearly.
Strong stakeholder management and relationship-building capabilities.
Experience managing projects and delivering high-quality client outcomes.
A collaborative mindset and a passion for supporting the development of others.
Competitive discretionary annual bonus.
A rare opportunity to both develop insight and see it applied.
Scope to shape and evolve the function – lead the direction of alternative investment research within a growing and entrepreneurial business.
Core benefits including life assurance of four times salary, income protection of 75% of salary for up to five years, and single private medical insurance cover.
A generous pension scheme with 5% employee contributions matched by a 10% employer contribution.
25 days’ annual leave, increasing to 27 days after five years’ service.
Access to the Howden flexible benefits programme, offering a wide range of benefits and discounts to support your wellbeing, family life and lifestyle.
The opportunity to be part of a growing global business where career development, collaboration and innovation are encouraged.