Senior Pension Actuarial

AXA Group; Greater London; On-site; GBP 90,000 - 150,000; Full time

Job summary

AXA UK is seeking a Senior Pensions Actuarial to join our team. You’ll help manage pension scheme funding strategies, focusing on liabilities and valuations, and collaborate with stakeholders across AXA to shape our pension landscape and lead liability modelling.

This role offers a dynamic environment with exposure to trustees and regulators, opportunities to develop models and tools for economic capital and other financial metrics, and to drive continuous improvements in valuation methods and

Qualifications

• Proven years of actuarial experience within pensions or related fields.
• Strong understanding of UK pension schemes, funding and valuation techniques.
• Experience with pension scheme modelling and risk management.

Responsibilities

• Support development and execution of pension liability strategies, including modelling and risk management.
• Lead on scheme valuations and assist with IFRS accounting processes.
• Manage de-risking initiatives, including longevity swaps and liability management.
• Analyse funding positions to support strategic decision making.
• Develop models/tools to assess economic capital and other metrics.
• Collaborate with internal teams and external advisors for regulatory compliance and best practices.
• Prepare reports for trustees, senior management and regulators.
• Drive continuous improvement in valuation methods, models, and reporting standards.

Skills

Actuarial experience (pensions)

UK pension schemes knowledge

Pension scheme modelling

Risk management

Communication skills

Education

Actuarial qualification (e.g., FIA/FAAA)

Tools

Actuarial software

Excel

Reporting tools

Python/C# knowledge

Job description

About AXA

AXA is a global leader in insurance and financial services, dedicated to helping customers protect what matters most to them. As the sixth-largest insurance company in the world, we provide a wide range of services, including health, car, home, and business insurance. We support millions of customers worldwide, helping them navigate life's uncertainties with confidence.

AXA UK Support Functions look after our three customer-facing business units, providing the infrastructure and expertise to make sure we can be there for our customers.

Job overview:

We’re looking for a talented Senior Pensions Actuarial to join our team. You'll be playing a key role in managing the pension scheme funding strategies, focusing on liabilities and valuation processes. Working closely with stakeholders across AXA, you’ll help shape our pension landscape, lead on liability modelling, and provide expert advice on scheme funding and risk management. This role offers a great chance to develop your expertise in a friendly, dynamic environment.

Key responsibilities:

• Support the development and execution of pension liability strategies, including modelling and risk management.


• Lead on scheme valuations, ensuring accuracy and timely reporting, and assist with IFRS accounting processes.


• Manage ongoing de-risking initiatives, including longevity swaps and liability management projects.


• Analyse scheme funding positions and provide insights to support strategic decision making.


• Develop models and tools to assess economic capital and other financial metrics related to pensions.


• Collaborate with internal teams and external advisors to ensure regulatory compliance and best practices.


• Prepare reports and presentations for trustees, senior management, and regulatory bodies.


• Drive continuous improvement in valuation methods, models, and reporting standards.

Work arrangements:

At AXA we work smart, empowering our people to balance their time between home and the office in a way that works best for them, their team and our customers. You'll work at least two days a week (40%) away from home, moving to three days a week (60%) from December 2026. Away from home means attending the office, visiting clients or attending industry events.

Your skills & experience:

• Proven years of actuarial experience within pensions, investments, or related fields.


• Strong understanding of UK pension schemes, funding, and valuation techniques.


• Proven experience with pension scheme modelling and risk management.


• Proven experience on C#, Python or equivalent


• Familiarity with IFRS, Solvency II, or other regulatory frameworks.


• A proactive mindset with excellent communication skills, with the ability to explain complex ideas simply.


• Skilled in using actuarial software, Excel, and reporting tools.


• Experience working with trustees, trustees’ committees, or senior stakeholders.

As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.