Modelling Actuary (Life) in London

Modelling Actuary (Life) in London

London Full-Time 60000 - 80000 £ / year (est.) Home office (partial)
Akur8

At a Glance

  • Tasks: Design and maintain innovative actuarial models for Life Insurance in Europe.
  • Company: Join Akur8, a fast-growing InsurTech redefining insurance pricing with cutting-edge technology.
  • Benefits: Enjoy competitive salary, hybrid work, private medical insurance, and 25 days PTO.
  • Other info: Join a diverse team with strong teamwork culture and regular fun activities.
  • Why this job: Be at the forefront of modernising the actuarial profession in a dynamic, tech-driven environment.
  • Qualifications: Must be a qualified actuary with 7+ years experience in European markets.

The predicted salary is between 60000 - 80000 £ per year.

Akur8 is a fast-growing InsurTech scale-up on a mission to redefine insurance pricing and reserving through transparent, high-performance modelling technology. With the launch of Akur8 Life, we are bringing that same mission to the Life Insurance market, delivering purpose-built solutions for the unique complexity of life, health, and protection risk.

Our SaaS platform uses transparent machine learning and predictive analytics to improve the speed, accuracy, and reliability of actuarial pricing and reserving, addressing the long-term liability horizons, mortality and morbidity modelling challenges, and evolving regulatory expectations that define the Life Insurance landscape. Built by experienced actuarial, product, and R&D teams, Akur8's proprietary algorithms enable insurers to generate insights up to 10x faster than traditional methods, while maintaining full explainability and the regulatory confidence that frameworks such as Solvency II and IFRS 17 demand.

As our platform expands into Life Insurance, we provide next-generation reserving and pricing capabilities, supporting an end-to-end approach to risk assessment across the full product lifecycle, from term and whole life to annuities and health covers. Recognised globally, Akur8 has been featured in:

  • CB Insights' Insurtech 50 - Top 50 InsurTech Companies 2025
  • CNBC's World Top 150 InsurTech Companies
  • InsurTech100 Global - 100 Most Innovative Insurtech Companies
  • Professional Equality Index (2025 score of 97/100)

With 40+ nationalities across 8 global offices, including our headquarters in Paris, we serve 320+ insurance clients on 4 continents, partnering with insurers in mature and highly regulated markets. We are proud to be an equal opportunities employer, committed to diversity, equity, and inclusion, and we evaluate all candidates fairly based on skills, experience, and professional merit.

Akur8 is seeking a highly motivated, analytical and collaborative Modelling Actuary who, via their technical and entrepreneurial skills, will spearhead the expansion of Akur8’s Life & Annuity presence in the UK and Europe. Responsible for designing, building, and maintaining SLOPE actuarial models and reports tailored to the European market, you will run platform demos to prospects, as well as providing ongoing training & support to clients. This role is a great fit for actuaries that are passionate about technology and want to be at the forefront of modernising the actuarial profession in a dynamic environment.

Responsibilities include:

  • Perform the design, construction, and maintenance of Life models and reports tailored to European markets across a range of Life, Annuity, and Health products
  • Support sales team as Subject Matter Expert on actuarial topics related to Slope model design and implementation
  • Run product demos and pilots for prospective clients to demonstrate the capabilities and value of the SLOPE platform
  • Act as trusted advisor for onboarding, model best practices guidance, issue resolution, and feedback gathering for new and existing customers
  • Monitor local regulatory updates & translate to requirements for SLOPE models and reports, and highlight market opportunities for Akur8
  • Fulfill occasional speaking duties at European market focused webcasts and conferences to support marketing efforts
  • Recommend new platform features for the broader Akur8 Life team to incorporate with the goal of providing a superior customer experience
  • Assist in other related areas of the business as necessary

Interested applicants must meet each of the following criteria to be considered for this position:

  • Fully qualified actuary or equivalent with 7+ years of relevant actuarial experience across European markets covering IFRS 17, Solvency II, and local equivalents across Life, Health, and Annuity products.
  • Hands-on experience working with one or more actuarial modelling platforms (Axis, ALFA, etc.)
  • Experience in Valuation, Product Pricing, or Asset/Liability Management work
  • Strong modelling skillset and interest in technology and tools (e.g. programming, AI, data visualisation, etc.)
  • Experience in automating processes utilising programming scripts, AI, etc. is a plus
  • Able to clearly communicate the expected benefits and values of the software, as well as to respond to objections from prospective customers in a sales setting
  • Demonstrated ability to learn quickly (e.g. new software, actuarial concepts, etc.)
  • Entrepreneurial mindset and desire to work in a rapidly growing company
  • Excellent communication skills and the ability to work on a collaborative team
  • Exceptional problem-solving skills and ability to think critically
  • Detail-oriented mindset
  • Fluent English language skills (both written & spoken)
  • French OR Spanish language skills (both written & spoken)

Bonus skills (non-essential, but nice to have):

  • Experience building dashboard and reports using business intelligence / data visualisation tools such as Sigma, Tableau, or Power BI
  • Familiarity with SQL and database concepts

As a newcomer, you'll be joining a diverse, highly skilled and motivated team, with a strong Tech DNA, colleagues that are eager to share their knowledge and passion. We care about strong teamwork and a positive day-to-day environment. The team regularly connects through optional activities such as team lunches, sports, karaoke, or occasional after-work gatherings.

In addition to this, we will provide you with:

  • Competitive salary + annual bonus
  • Hybrid office/home working policy
  • Private Medical insurance
  • Pension Plan
  • Professional Phone subscription
  • 25 days of PTO/year
  • Public transportation reimbursement (75%)
  • Gym membership via ClassPass
  • IT equipment allowance
  • Professional development & trainings
  • Team fun: regular company gatherings and team events

As part of our recruitment process, we may carry out background checks in line with the applicable laws and regulations in the countries where we operate. These checks may include verification of employment history, education, and, where legally authorized, criminal records. Any background checks will be performed lawfully before formal employment contracts are signed, with the candidate’s consent, and all information collected will be handled confidentially.

We may use artificial intelligence (AI) tools to assist with certain stages of the recruitment process. These tools are used to support our recruitment team and do not replace human decision-making. Final hiring decisions are always made by people. If you would like further information about how your data is processed, you can contact us at dpo@akur8.com.

Modelling Actuary (Life) in London employer: Akur8

Akur8 is an exceptional employer that fosters a dynamic and inclusive work culture, where innovation meets collaboration. As a Modelling Actuary, you'll be part of a diverse team dedicated to redefining the Life Insurance landscape through cutting-edge technology, while enjoying benefits such as a competitive salary, hybrid working options, and ample professional development opportunities. Join us in our Paris headquarters or one of our global offices, and contribute to meaningful projects that empower insurers across Europe.

Akur8

Contact Details:

Akur8 Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Modelling Actuary (Life) in London

Tip Number 1

Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars where you can meet potential employers and showcase your passion for technology and modernising the actuarial profession.

Tip Number 2

Prepare for those interviews! Research Akur8 and understand their mission in redefining insurance pricing. Be ready to discuss how your experience aligns with their goals, especially around SLOPE models and the unique complexities of life insurance.

Tip Number 3

Show off your tech skills! If you've got experience with programming, AI, or data visualisation tools, make sure to highlight that. Akur8 is all about leveraging technology, so demonstrate how you can contribute to their innovative approach.

Tip Number 4

Don’t forget to follow up! After interviews or networking events, send a quick thank-you note. It shows your enthusiasm and keeps you on their radar. Plus, it’s a great way to reiterate your interest in the Modelling Actuary role at Akur8!

We think you need these skills to ace Modelling Actuary (Life) in London

Actuarial Modelling
IFRS 17
Solvency II
Life Insurance
Health Insurance
Annuity Products
Technical Skills

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with Life, Health, and Annuity products. We want to see how your skills align with our mission at Akur8!

Show Off Your Tech Skills:Since we're all about modernising the actuarial profession, don’t forget to mention any programming or data visualisation tools you’ve used. We love seeing candidates who are passionate about technology!

Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so make sure your key achievements and experiences shine through without unnecessary fluff.

Apply Through Our Website:We encourage you to submit your application directly through our website. It’s the best way for us to receive your details and ensures you’re considered for the role as quickly as possible!

How to prepare for a job interview at Akur8

Know Your Stuff

Make sure you brush up on your knowledge of IFRS 17, Solvency II, and the specific actuarial modelling platforms mentioned in the job description. Being able to discuss these topics confidently will show that you're not just familiar with the theory but can apply it practically.

Showcase Your Tech Savvy

Since Akur8 is all about modernising the actuarial profession with technology, be prepared to talk about your experience with programming, AI, and data visualisation tools. Share specific examples of how you've used these skills to improve processes or outcomes in your previous roles.

Prepare for Demos

As you'll be running product demos for prospective clients, practice explaining complex concepts in simple terms. Think about how you can demonstrate the value of the SLOPE platform effectively, and be ready to answer any questions that might come up during these presentations.

Emphasise Collaboration

Akur8 values teamwork, so highlight your ability to work collaboratively. Share examples of how you've successfully worked in teams, resolved conflicts, or contributed to a positive team environment. This will show that you're not just a great individual contributor but also a team player.