At a Glance
- Tasks: Lead teams in valuation and reporting for a growing retirement portfolio.
- Company: Join a global life reinsurer with a focus on innovation.
- Benefits: Competitive salary, career growth, and exposure to complex transactions.
- Other info: Be part of a transformation programme improving actuarial systems and processes.
- Why this job: Shape the future of retirement solutions while enhancing your leadership skills.
- Qualifications: Qualified actuary with 5+ years in life insurance or reinsurance.
The predicted salary is between 51750 - 63250 £ per year.
An excellent opportunity for a senior qualified actuary to join a global life reinsurer in a broad leadership role spanning valuation, retirement business, new transactions and actuarial transformation.
You’ll lead teams responsible for the valuation of a growing retirement portfolio and consolidated actuarial reporting, with accountability for the delivery of accurate quarterly and ad hoc results.
The role sits at the heart of the valuation function and works closely with Finance, Pricing, Operations and other actuarial teams.
A particularly attractive aspect of the position is the exposure to new and increasingly complex retirement transactions.
You’ll act as a key valuation stakeholder on new business, helping assess deal structures, understand the modelling and reporting implications, and ensure the right processes, controls and operational framework are in place as transactions move into the in-force portfolio.
The technical breadth is also strong, with exposure across IFRS 17, US GAAP, economic capital and Bermuda reporting, alongside stress testing, scenario analysis and in-force management.
The role also has increasing responsibility for asset modelling, giving broader exposure across both sides of the balance sheet.
Alongside the day-to-day leadership responsibilities, you’ll play an important role in a wider transformation programme focused on improving actuarial systems, automation, controls and reporting processes, helping shape how the valuation function develops as the business continues to grow.
Key experience: Qualified actuary with ideally 5+ years’ post-qualified experience in life insurance or reinsurance Strong valuation and financial reporting background Experience across annuities, BPA / pension risk transfer, longevity or broader retirement business Good understanding of the interaction between assets, liabilities and capital Exposure to IFRS 17 and/or US GAAP and relevant regulatory capital frameworks Experience supporting new business transactions and implementing them into valuation and reporting processes Strong people-management experience, with a track record of developing actuarial teams Experience improving processes, controls, models or actuarial systems This would particularly suit someone who has built a strong technical grounding in valuation but now wants broader leadership responsibility, greater transaction exposure and a more strategic role in shaping a growing retirement business.
Email to schedule a time for a chat about this role.
Senior Actuarial Manager – Valuation & Retirement Solutions in London employer: Goodman Masson
Join a dynamic and innovative team as an Interim Senior Finance Business Partner, where your expertise in financial modelling and Power BI will be highly valued. Our company fosters a collaborative work culture that prioritises employee growth and development, offering unique opportunities to enhance your skills while making a meaningful impact in the finance sector. Located in a vibrant area, we provide a supportive environment that encourages creativity and professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuarial Manager – Valuation & Retirement Solutions in London
✨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.
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✨Look Out for Graduate Schemes
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✨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 Goodman Masson. 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 Actuarial Manager – Valuation & Retirement Solutions in London
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 Goodman Masson.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Goodman Masson. 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 Goodman Masson
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Goodman Masson 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 Goodman Masson, 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 Goodman Masson'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.
