Senior Actuary in London

Senior Actuary in London

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
H

At a Glance

  • Tasks: Develop and analyse risk models to support innovative pricing strategies.
  • Company: Join Hastings Direct, a leading digital insurance provider with ambitious growth plans.
  • Benefits: Enjoy flexible working, competitive bonuses, and comprehensive health and wellbeing support.
  • Why this job: Be at the forefront of combining actuarial expertise with cutting-edge machine learning techniques.
  • Qualifications: Fellow of the Institute and Faculty of Actuaries with strong modelling skills.
  • Other info: Collaborative environment with opportunities for mentorship and career growth.

The predicted salary is between 36000 - 60000 £ per year.

Welcome to Hastings Direct. We’re a digital insurance provider with ambitious plans to become the best and biggest in the UK market. We’ve made huge investments in our pricing and data capabilities over the past few years, along with nurturing our 4Cs culture. We provide insurance for over four million customers, but we know there’s even bigger opportunity out there – our Pricing, Data and Analytics community value curiosity, collaboration and constructive challenge.

Great pricing is built on trust, innovation and precision, so our aim is to ensure customers receive a fair and accurate price based on their individual risk, supporting fair outcomes, while delivering sustainable and profitable growth for our company. Pricing is more than just a number – it’s a strategic capability. At the heart of Hastings is deep risk insight – continually improving how we assess, segment and price risk through data and analytics.

Role overview: Join Us in Shaping the Future of Home Insurance at Hastings. Building on our early successes in Home insurance, Hastings is investing in the growth of our Home team. We’re looking for an experienced Senior Actuary who is passionate about data and excited by the opportunity to combine actuarial expertise with cutting‑edge machine learning techniques. As a Senior Actuary within the Home Actuarial & Data Science Team, you’ll play a key role in developing actuarial models, analyses, and data assets that power Hastings’ market‑leading pricing strategies. Working closely with the wider Home team, your contributions will help deliver our ambitious growth plans for Home insurance products.

This is an exciting time to join us. Our team champions the adoption of advanced machine learning methods, supported by a state‑of‑the‑art tech stack and collaboration across Hastings’ Actuarial and Data Science (AnDS) community. Your deep understanding of general insurance principles and actuarial techniques will ensure that new models are not only commercially impactful but also deliver fair outcomes for customers. You’ll have the opportunity to influence strategic decisions, mentor junior team members, and shape how advanced analytics and actuarial science come together to drive innovation in Home insurance.

Accountabilities:

  • Develop, analyse and monitor risk models to support pricing activities
  • Lead development of actuarial assumptions and methodologies that inform modelling
  • Create and maintain analytical tools to support in the management of our risk portfolio
  • Collaborate with data scientists to integrate actuarial analyses into predictive models
  • Partner with underwriters and risk analysts to identify blind spots and develop strategies to mitigate emerging risks
  • Stretch the team’s capabilities in actuarial capabilities
  • Lead a small team of actuaries and data scientists

Required experience:

Essential:

  • Fellow of the Institute and Faculty of Actuaries (IFoA) or equivalent professional body
  • Experience in general insurance and strong technical modelling skills
  • Keen interest in emerging ML techniques and applications in underwriting & pricing
  • Strong SQL skills
  • Strong senior stakeholder management and communication skills
  • Ability to work cross‑functionally with data engineers, data scientists, underwriters, and analysts

Desirable:

  • Proficiency in Python
  • Experience with using Git and GitHub as a code collaboration tool

Interview Process:

  • Recruiter screening call
  • 1st Round – Intro call with Hiring manager
  • 2nd Round – Case study round followed by call with Hiring leader

Benefits:

In addition to a competitive salary and £5k car allowance you will also receive:

  • Flexible working – we champion a flexible hybrid working approach
  • Competitive bonus scheme - all colleagues are eligible for our annual 4Cs performance bonus
  • Physical wellbeing – Hastings pays for you to receive private medical Insurance (PMI)
  • Financial wellbeing – providing you with 4x your salary with our life assurance cover, income protection at no extra cost, and matched pension contributions up to 10%
  • Mental wellbeing programme – including the thrive mental health app, colleague assistance programme available 24/7, and support groups
  • 27 days annual leave + bank holidays, with the option to buy or sell one of your weeks
  • Access to health care cash back plans, dental plans, discounted health assessments, Cycle to work and tech schemes, discounted and free onsite facilities, social events throughout the year and much more

Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. We are committed to creating an inclusive environment where everyone has the opportunity to succeed.

Senior Actuary in London employer: Hastings Direct

Hastings Direct is an exceptional employer, offering a dynamic work culture that champions flexibility, innovation, and collaboration. With a strong focus on employee growth, our Senior Actuary role provides opportunities to influence strategic decisions and mentor junior team members while working with cutting-edge technology in a supportive environment. Enjoy a comprehensive benefits package, including private medical insurance, a competitive bonus scheme, and a commitment to mental wellbeing, all designed to ensure you thrive both personally and professionally in Bexhill, Leicester, or London.
H

Contact Detail:

Hastings Direct Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Actuary in London

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Actuary role.

✨Tip Number 2

Prepare for those interviews! Research Hastings Direct thoroughly, understand their culture, and be ready to discuss how your skills align with their ambitious growth plans. We want to see your passion for data and innovation shine through!

✨Tip Number 3

Showcase your expertise! Bring examples of your previous work, especially any projects involving machine learning techniques or actuarial models. We love seeing how you’ve made an impact in your past roles, so don’t hold back!

✨Tip Number 4

Apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we’re always on the lookout for fresh talent who can contribute to our 4Cs culture and help us drive meaningful change.

We think you need these skills to ace Senior Actuary in London

Actuarial Expertise
General Insurance Principles
Technical Modelling Skills
Machine Learning Techniques
SQL
Stakeholder Management
Communication Skills
Cross-Functional Collaboration
Python
Git
Data Analysis
Risk Modelling
Analytical Tool Development
Team Leadership

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior Actuary role. Highlight your experience in general insurance, technical modelling skills, and any relevant machine learning techniques. We want to see how your background aligns with our ambitious growth plans!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for data and actuarial science, and explain why you’re excited about joining Hastings. Don’t forget to mention how you can contribute to our 4Cs culture!

Showcase Your Skills: Be sure to highlight your SQL skills and any experience with Python or Git. We love candidates who can demonstrate their technical prowess, so don’t hold back on showcasing your analytical tools and methodologies!

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to keep track of your application and ensure you’re considered for this exciting opportunity at Hastings!

How to prepare for a job interview at Hastings Direct

✨Know Your Numbers

As a Senior Actuary, you’ll need to demonstrate your expertise in actuarial models and data analysis. Brush up on your technical modelling skills and be ready to discuss specific examples of how you've applied these in previous roles. This will show that you’re not just familiar with the concepts but can also implement them effectively.

✨Showcase Your Curiosity

Hastings values curiosity and innovation, especially when it comes to integrating machine learning techniques into pricing strategies. Prepare to discuss any projects where you’ve explored new methodologies or technologies. This will highlight your proactive approach and willingness to challenge established thinking.

✨Communicate Clearly

Strong communication skills are essential for this role, especially when working cross-functionally with data engineers and underwriters. Practice explaining complex actuarial concepts in simple terms. This will help you convey your ideas effectively during the interview and demonstrate your ability to collaborate with diverse teams.

✨Prepare for Case Studies

The interview process includes a case study round, so make sure you’re comfortable with real-world scenarios related to risk modelling and pricing. Review common case study frameworks and practice articulating your thought process. This will help you showcase your analytical skills and strategic thinking during the interview.

Senior Actuary in London
Hastings Direct
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

H
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>