At a Glance
- Tasks: Join a dynamic team to develop innovative actuarial assumptions for global markets.
- Company: Prestigious global life reinsurer with a focus on research and development.
- Benefits: Gain exposure to cutting-edge research and accelerate your career progression.
- Other info: Collaborate with experts and enjoy international exposure across Europe and North America.
- Why this job: Make a real impact on pricing and product development in the reinsurance industry.
- Qualifications: Nearly qualified or qualified actuary with strong analytical skills.
The predicted salary is between 50000 - 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: Goodman Masson
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 emphasis on professional growth, you will work alongside experienced teams on high-profile projects that shape the future of Protection and Longevity markets, all while enjoying international exposure and a supportive culture that fosters continuous improvement.
