At a Glance
- Tasks: Lead the development of innovative pricing models and enhance data analytics for better customer outcomes.
- Company: Join a fast-growing company dedicated to helping people enjoy their retirement.
- Benefits: Competitive salary, generous leave, private medical cover, and career progression opportunities.
- Other info: Be part of a diverse team that values innovation and fosters a sense of belonging.
- Why this job: Make a real impact by combining actuarial expertise with modern technology in a collaborative environment.
- Qualifications: Fully qualified FIA or FFA Actuary with experience in pricing and project work.
The predicted salary is between 60000 - 80000 £ 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.
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).
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.
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.
Application details
Please submit your CV using the 'apply now’ button. Shortlisted candidates will be contacted regarding next steps which may include an initial phone interview and in-person assessment.
Be Bold. Be Brilliant. Be Just.
Actuary - Pricing in London employer: Just
At Just, we are dedicated to helping people achieve a better later life, making us an exceptional employer for those looking to make a meaningful impact in the annuities sector. Our vibrant London-based team thrives on collaboration and innovation, offering a supportive work culture that prioritises employee growth through comprehensive benefits, including a competitive salary, generous leave, and opportunities for career progression. Join us in our mission to become the UK’s most loved retirement expert, where your contributions will directly enhance customer outcomes and shape the future of our annuity propositions.
StudySmarter Expert Advice🤫
We think this is how you could land Actuary - Pricing 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.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Just). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨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 Just. 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 Actuary - Pricing 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 Just.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Just. 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 Just
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Just 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 Just, 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 Just'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.
