Modelling Actuary (Life)

Modelling Actuary (Life)

Full-Time 70000 - 90000 £ / year (est.) Home office (partial)
Akur8

At a Glance

  • Tasks: Design and maintain actuarial models for Life & Annuity products in Europe.
  • Company: Join Akur8, a tech-driven company revolutionising the actuarial profession.
  • Benefits: Enjoy competitive salary, hybrid work, private medical insurance, and 25 days PTO.
  • Other info: Dynamic team culture with regular fun activities and excellent career growth opportunities.
  • Why this job: Be at the forefront of modernising actuarial practices with cutting-edge technology.
  • Qualifications: 7+ years as a qualified actuary with strong modelling skills and tech interest.

The predicted salary is between 70000 - 90000 £ per year.

Akur8 is seeking a highly motivated, analytical and collaborative Modelling Actuary who 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 and 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

  • 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 and 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.

Qualifications

  • 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

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

Benefits

  • 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.

Equal Opportunity Statement

Akur8 is committed to diversity, equity, and inclusion, and evaluates all candidates fairly based on skills, experience, and professional merit.

Background and Recruitment Process

As part of our recruitment process, we may carry out background checks in line with applicable laws and regulations. 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) employer: Akur8

Akur8 is an exceptional employer that fosters a collaborative and innovative work culture, perfect for actuaries eager to embrace technology in the Life & Annuity sector. With a strong focus on employee growth, Akur8 offers competitive salaries, hybrid working options, and numerous professional development opportunities, all while promoting a vibrant team spirit through regular social activities. Join us in a dynamic environment where your contributions will directly impact the modernisation of the actuarial profession across Europe.

Akur8

Contact Details:

Akur8 Recruitment Team

StudySmarter Expert Advice🤫

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

Tip Number 1

Network like a pro! Reach out to your connections in the actuarial field and let them know you're on the hunt for a Modelling Actuary role. You never know who might have the inside scoop on job openings or can refer you directly to hiring managers.

Tip Number 2

Show off your skills! Prepare a portfolio showcasing your modelling projects, especially those relevant to Life and Annuity products. This will not only demonstrate your expertise but also give you a talking point during interviews.

Tip Number 3

Practice makes perfect! Run through common interview questions related to actuarial modelling and technology. Get comfortable explaining complex concepts in simple terms, as you'll need to communicate effectively with both technical and non-technical audiences.

Tip Number 4

Apply through our website! We love seeing candidates who take the initiative. Plus, it gives you a chance to showcase your enthusiasm for Akur8 and our mission to modernise the actuarial profession.

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

Actuarial Modelling
SLOPE Platform Expertise
IFRS 17 Knowledge
Solvency II Knowledge
Valuation Skills
Product Pricing Skills
Asset/Liability Management

Some tips for your application 🫡

Tailor Your Application:Make sure to customise your CV and cover letter to highlight your experience with Life models and European markets. We want to see how your skills align with what we're looking for, so don’t hold back on showcasing your relevant achievements!

Show Off Your Tech Savvy:Since we’re all about modernising the actuarial profession, let us know about your hands-on experience with actuarial modelling platforms and any tech tools you’ve used. If you've dabbled in programming or AI, make sure to mention that too!

Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, so avoid jargon unless it’s necessary. This will help us understand your qualifications without getting lost in the details.

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’ll be good to go!

How to prepare for a job interview at Akur8

Know Your Actuarial Stuff

Make sure you brush up on your knowledge of IFRS 17, Solvency II, and the specific Life, Health, and Annuity products relevant to the European market. Being able to discuss these topics confidently will show that you're not just a qualified actuary, but also someone who understands the nuances of the role.

Show Off Your Tech Skills

Since this role is all about modernising the actuarial profession, be prepared to talk about your experience with actuarial modelling platforms like Axis or ALFA. If you've automated processes using programming scripts or AI, share those examples! It’ll demonstrate your passion for technology and innovation.

Practice Your Demos

Running product demos is a key part of this job, so practice makes perfect! Prepare a mock demo of the SLOPE platform, focusing on how it adds value to clients. This will not only help you feel more confident but also show your potential employer that you can effectively communicate complex concepts.

Be a Team Player

Akur8 values collaboration, so highlight your ability to work well in teams. Share examples of past experiences where you’ve successfully collaborated with others, especially in problem-solving scenarios. This will show that you’re not just a lone wolf but someone who thrives in a dynamic environment.