At a Glance
- Tasks: Join a dynamic team to develop innovative actuarial assumptions and influence key projects.
- Company: Prestigious global life reinsurer with a focus on research and development.
- Benefits: Gain international exposure, collaborate with experts, and accelerate your career progression.
- Other info: Collaborative culture with opportunities for innovation and professional growth.
- Why this job: Make a real impact in the Protection and Longevity markets while enhancing your technical skills.
- Qualifications: Nearly qualified or qualified actuary with experience in life insurance or reinsurance.
The predicted salary is between 55000 - 70000 £ per year.
A prestigious global life reinsurer is seeking a nearly qualified or qualified actuary to join their Research & Development team in a role focused on assumption development across both Protection and Longevity markets. This is an outstanding opportunity for an actuary looking to deepen their technical expertise whilst gaining exposure to cutting‑edge actuarial research, experience analysis and assumption development. The role offers the chance to work on high‑profile projects that directly influence pricing, product development and strategic decision‑making across international markets.
Working alongside experienced actuarial researchers, medical analytics specialists, data scientists and senior stakeholders, you will play a key role in developing the assumptions that underpin a wide range of life and health reinsurance solutions.
Key Responsibilities- Contribute to the development of best estimate assumptions through data sourcing, experience analysis, statistical modelling and validation.
- Support the application of innovative actuarial techniques to assumption setting across Protection and Longevity portfolios.
- Provide challenge and insight to pricing assumptions and methodologies.
- Build strong working relationships with stakeholders across actuarial, pricing and product development teams.
- Contribute to actuarial research projects, internal analysis and thought leadership initiatives.
- Work closely with specialist teams including Medical Analytics and Data Science to develop market‑leading insights.
- Support the development of junior colleagues and contribute to a collaborative and innovative team culture.
- Present technical findings and recommendations to a variety of audiences across the business.
- Nearly qualified or qualified actuary (IFoA, SOA or equivalent).
- Experience within life insurance, reinsurance or consultancy.
- Exposure to assumption development, experience analysis, pricing or actuarial modelling.
- Understanding of Protection and/or Longevity business.
- Strong analytical and problem‑solving skills.
- Experience working with experience studies, trend modelling or actuarial investigations.
- Programming skills including SQL, R, Tyche or similar tools.
- Knowledge of statistical and actuarial techniques such as Generalised Linear Models (GLMs) and Survival Models.
- Strong communication and stakeholder management skills.
- Ability to work independently while managing multiple priorities and deadlines.
- Passion for innovation, continuous improvement and technical excellence.
- Exposure across both Protection and Longevity markets.
- Opportunity to work within a highly respected actuarial research and development function.
- Collaboration with specialist Medical Analytics and Data Science teams.
- International exposure across Europe and North America.
- Strong emphasis on innovation, research and technical development.
- Excellent opportunity for a nearly qualified actuary to broaden their experience and accelerate their progression within reinsurance.
Actuary, Assumption Development, R&D employer: Banking & Financial Services
Join a prestigious global life reinsurer that prioritises innovation and technical excellence, offering actuaries the chance to deepen their expertise in a collaborative environment. With a strong focus on professional development, you will work alongside experienced researchers and specialists, gaining invaluable exposure to high-profile projects that shape the future of Protection and Longevity markets. This role not only enhances your analytical skills but also provides opportunities for international collaboration and career progression within a supportive team culture.
Contact Details:
Banking & Financial Services Recruitment Team
