Senior Consulting Actuary - Capital & amp ; Risk ( Life Insurance )

Barnett Waddingham; Birmingham; On-site; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Life assurance: four times salary

Income protection: 75% of salary for 5

Private medical insurance

Pension scheme: 5% employee + 10% ER

25 days annual leave (27 after 5 years

Flexible benefits programme

Global career development

Job summary

Howden invites applications for a Senior Consulting Actuary to join the Insurance Actuarial & Longevity (IAL) team. You will work with life insurance clients on capital, risk and regulatory projects, delivering complex analyses and developing innovative modelling approaches.

You will help grow client relationships, mentor junior colleagues and contribute to market-facing propositions, while modernising actuarial processes through digital tools and efficient workflows.

Qualifications

• Qualified Actuary status with at least three years’ post-qualification experience in life insurance or consultancy.
• Strong knowledge of Solvency UK and related regulatory frameworks (Solvency II, Bermuda).
• Experience developing, reviewing or validating risk-based capital models and calibration methodologies.
• Knowledge of capital management and risk management frameworks within life insurance.
• Experience applying technology/digital solutions to enhance modelling and actuarial processes.
• Programming experience in Python or R would be advantageous.
• Understanding of current and emerging topics affecting life insurers.
• Excellent communication and presentation skills; able to explain complex concepts clearly.
• Strong stakeholder management and relationship-building capabilities.
• Experience managing projects and delivering high-quality client outcomes.
• Collaborative mindset and commitment to developing others.
• Ability to contribute to business development and market presence.

Responsibilities

• 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 digital tools 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 new client propositions.
• Support business development by identifying opportunities and increasing market presence.
• Develop and maintain a professional network across the life insurance sector.
• Participate in industry conferences and events to raise the IAL team profile.
• Coach, mentor and support junior colleagues; foster a collaborative and high-performing culture.
• Collaborate with colleagues across the wider consulting business to deliver integrated solutions.

Skills

Regulatory knowledge

Client relationship management

Project leadership

Mentoring junior colleagues

Communication skills

Education

Qualified Actuary status

Tools

Python

R

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.

• 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.