Senior Actuarial Analyst (Life & Pensions)

Methodius Ltd; Letterkenny; On-site; EUR 40,000 - 60,000; Full time

Benefits offered by this job

Annual Bonus Scheme

Contributory Pension

Private Medical Insurance

Life Assurance & Long-Term Disability

Employee Assistance Programme

Relocation Package

22 days annual leave + 10 public holidays

Access to extensive training & certification resources

Lunch & Learn sessions

Company discounts

On-site parking

Bike-to-work scheme

Job summary

Methodius Ltd in Letterkenny is seeking an Actuarial Analyst to support actuarial function across life and pensions. The successful candidate will engage in technical projects, model validation, and actuarial reporting, collaborating with finance, risk, and operations teams. This role welcomes both experienced professionals and junior candidates progressing through exams. Offers a range of benefits including annual bonus, medical insurance, and extensive training resources. The position requires 2-3 days onsite work weekly.

Qualifications

• Degree in Actuarial Science, Mathematics, or a related quantitative discipline.
• Progress toward actuarial qualification (IFoA or equivalent).
• Experience within life assurance, pensions, or broader financial services.
• Understanding of actuarial modelling, policy calculations, and regulatory requirements.
• Experience with VBA, Python, and SQL preferred.
• Ability to manage multiple priorities and deliver to deadlines.

Responsibilities

• Maintain and support policy administration and illustration systems.
• Provide actuarial input into business and regulatory projects.
• Review and validate liability cashflows and actuarial calculations.
• Assist in the development and enhancement of actuarial models and tools.

Skills

Actuarial Science

Mathematics

Analytical skills

Problem-solving

VBA

Python

SQL

Stakeholder management skills

Education

Degree in Actuarial Science or related discipline

Progress toward actuarial qualification (IFoA or equivalent)

Tools

Actuarial modelling systems

Reporting frameworks

Job description

My client is looking for an Actuarial Analyst to join its actuarial function. This role will support a range of actuarial, regulatory, modelling, and client servicing activities across life and pensions operations.

The successful candidate will contribute to technical projects, policy calculations, model validation, and actuarial reporting, while collaborating closely with stakeholders across finance, risk, operations, and technology teams.

Both experienced candidates and junior actuarial professionals progressing through actuarial exams are encouraged to apply.

Key Responsibilities

• Maintain and support policy administration and illustration systems.
• Provide actuarial input into business and regulatory projects, including calculation design, testing, and implementation.
• Review and validate liability cashflows and actuarial calculations.
• Support resolution of customer and administration‑related actuarial queries and escalations.
• Assist in the development and enhancement of actuarial models, reserves, capital calculations, and reporting tools.
• Prepare documentation and testing for model governance and validation requirements.
• Improve actuarial processes, controls, and operational efficiency.
• Collaborate with teams across actuarial, finance, risk, audit, treasury, and operations.

Skills & Experience

• Degree in Actuarial Science, Mathematics, or a related quantitative discipline.
• Progress toward actuarial qualification (IFoA or equivalent).
• Experience within life assurance, pensions, or broader financial services.
• Understanding of actuarial modelling, policy calculations, and regulatory requirements.
• Strong analytical and problem‑solving skills.
• Experience with VBA, Python, and SQL preferred.
• Exposure to actuarial modelling systems or reporting frameworks is advantageous.
• Strong communication, organisational, and stakeholder management skills.
• Ability to manage multiple priorities and deliver to deadlines.

Salary dependent on candidate experience. Benefits: Annual Bonus Scheme. Contributory Pension. Private Medical Insurance. Life Assurance & Long-Term Disability. Employee Assistance Programme. Relocation Package. 22 days annual leave + 10 public holidays. Continuous Learning & Development. Access to extensive training & certification resources. Lunch & Learn sessions. Additional perks including company discounts, on‑site parking, and bike‑to‑work scheme.

Based in Letterkenny, Co. Donegal. (2-3 day onsite per week) Candidates must be eligible to work in Ireland/EU.

For more information, please contact David Coyle at 01 635 1748 or email [e-mail]