Actuary (Pricing) in London

Actuary (Pricing) in London

London Full-Time 60000 - 75000 £ / year (est.) No working from home possible
Just Group plc

At a Glance

  • Tasks: Lead a team to develop innovative pricing models and enhance data analytics.
  • Company: Join Just, a fast-growing company dedicated to improving retirement experiences.
  • Benefits: Enjoy competitive salary, generous leave, private medical cover, and career progression opportunities.
  • Other info: Be part of a diverse team committed to making a difference and fostering inclusion.
  • Why this job: Make a real impact in the insurance industry while driving innovation and efficiency.
  • Qualifications: Fully qualified actuary with experience in pricing and strong analytical skills.

The predicted salary is between 60000 - 75000 £ per year.

Are you a qualified actuary with a passion for pricing, innovation, and data-driven decision-making? We're looking for an experienced Actuary (Pricing) to join our Retail Actuarial & Reinsurance Team in a key role where you'll help drive the evolution of our pricing capabilities, technology and data analytics.

Reporting into the Head of Retail Actuarial, you will lead a team responsible for developing and enhancing pricing models, tools, and databases, while identifying opportunities to automate processes, improve efficiency, and deliver better outcomes for customers and the business.

This is an exciting opportunity for someone who enjoys combining technical actuarial expertise, modern technologies, and line management to make a real impact.

About Just

We help people achieve a better later life. That’s our purpose and it’s the reason we exist. We are a fast-growing company helping customers enjoy the retirement they deserve. We do this through a variety of market leading, award-winning products and services, delivered by a diverse team of over 1,400 purpose-led colleagues who genuinely put the customer at the heart of everything we do.

This is a brilliant time to join our business. We are on an exciting growth journey to become the UK’s most loved retirement expert.

Key Responsibilities

  • Support in the development, testing, and enhancement of pricing models, tools, and databases used across the Retail Actuarial function
  • Oversee the production of pricing management information, improving reporting accuracy and timeliness.
  • Support processes which help manage the company’s insurance risks, in-relation to Retail products.
  • Partner with actuarial teams across the business to identify opportunities to leverage new technologies, best practices, and innovative approaches.
  • Drive automation and process improvement across the Retail Actuarial team, reducing manual activity and enhancing operational efficiency.
  • Provide technical sign-off for business documents and systems, ensuring technical accuracy and clear communication
  • Champion customer-centric improvements, helping to deliver fair outcomes and enhanced customer journeys.
  • Lead, coach, and develop Actuarial Analysts and Actuarial Assistants, setting objectives and supporting their professional growth.

Skills and Experience

  • Fully qualified FIA or FFA Actuary, or equivalent degree/professional qualification in Mathematics or a related subject.
  • A background in pricing and/or project work relating in the life/health insurance industry.
  • Excellent communication skills, with the ability to present complex technical concepts to both actuarial and non-actuarial stakeholders, including senior leadership.
  • Proven experience developing tools, models, and processes using modern technology and coding-based solutions.
  • Good technical and analytical skills.
  • Advanced knowledge of Excel and VBA and good knowledge of Python, Julia and/or R an advantage. Must have experience of building and maintaining models from the ground up.
  • Good problem solving and resolution skills.
  • A collaborative mindset with a genuine desire to help build and grow a successful business.
  • Experience using Agentic AI and emerging technologies to improve efficiency and automate processes (desirable but not essential)
  • Experience working with large-scale datasets and modern data platforms, such as Microsoft Fabric (desirable but not essential)

Our behaviours

At Just you’ll have the opportunity to develop your career, whilst making a difference to the lives of those around you. You’ll be part of a company with a strong and distinctive culture - we’re ambitious, curious and collaborative – and every decision we make centres around being Just and delivering the best outcomes for our customers.

What’s in it for you

  • A competitive salary, pension scheme and life assurance
  • 25 days annual leave plus an additional day on us for your birthday
  • Private medical cover and income protection, just in case
  • A generous and highly achievable bonus scheme
  • Opportunities to progress your career in-role and within the company
  • Free access to the Headspace app, 24/7 employee assistance helpline and trained physical and mental health first aiders
  • A variety of employee funded benefits available via our online benefits portal
  • Plus, several additional purchase options available for you and your loved ones

Explore our full range of benefits on our dedicated benefits page.

Belonging at Just

Valuing diversity of thought and fostering a sense of belonging is critical to our business success, driving innovation and balanced decision making. Our work on DEIB (Diversity, Equity, Inclusion and Belonging) aims to deliver a brilliant employee experience underpinned by a sense of belonging, where our people feel proud to work at Just.

We remain committed to our publicly disclosed HM Treasury Women in Finance Charter and Race at Work Charter targets and support a wide range of employee network and events, championing issues including intergenerational working, social mobility and neurodiversity.

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Actuary (Pricing) in London employer: Just Group plc

Just Group plc is an exceptional employer located in Greater London, offering a dynamic work culture that prioritises employee well-being and professional growth. With a competitive salary, generous annual leave, and comprehensive benefits including private medical cover, employees are supported in achieving a healthy work-life balance while contributing to innovative capital management solutions in the insurance sector.

Just Group plc

Contact Details:

Just Group plc Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Actuary (Pricing) in London

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Just Group plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Actuary (Pricing) in London

Qualified FIA or FFA Actuary
Mathematics or related subject expertise
Pricing model development
Project management in life/health insurance
Excellent communication skills
Technical presentation skills
Tool and model development using modern technology

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Just Group plc.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Just Group plc's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Just Group plc

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Just Group plc.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Just Group plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Just Group plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.