At a Glance
- Tasks: Lead the design and maintenance of innovative Life actuarial models for the European market.
- 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 while making a real impact.
- 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.
Senior Life Actuary 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, comprehensive benefits, and opportunities for professional development, all while promoting a vibrant team spirit through regular social activities. Located in the UK, this dynamic environment not only supports your career aspirations but also values diversity and inclusion, making it a rewarding place to work.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Life Actuary
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Akur8). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Akur8. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Life Actuary
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Akur8.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Akur8. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Akur8
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Akur8 to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Akur8, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Akur8's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.