Actuary (Protection) in Bournemouth

About the Role

We have a unique opportunity for a professional individual to join our established team as a Protection Pricing Actuary. Within this role, you'll provide your technical expertise and Protection Pricing knowledge, demonstrate a strong ability to clearly communicate technical terms to a range of stakeholders, and contribute to the team's delivery of work against agreed timeframes and quality standards.

As a leading UK life and pensions mutual insurer with a proud history dating back to 1843, we exist to help people live financially confident lives, protecting their income while they work and maximising it when they stop. Today, over one million members and customers trust us to look after their futures, families and finances. Joining us means becoming part of a team that puts our members, customers and advisers at the heart of everything we do. We're committed to creating an inclusive culture where colleagues can thrive. We are proud to have built a workplace where our colleagues feel welcomed, respected, supported and valued, reflected in our recognition as one of the Financial Times UK's Best Employers in 2025 and 2026. We celebrate individuality and believe our differences make us stronger, so bring your true self and help shape the future of LV=.

Key Responsibilities

• Consistently delivering complex work in an accurate and timely manner, with the ability to efficiently manage your workload.
• Clearly communicating complex terminology through presentations, documents and reports to a range of stakeholders and senior decision makers when required.
• Promoting good risk management practices, ensuring that all applicable company procedures are followed, and demonstrating commercial expertise.
• Monitoring and maintaining your awareness of regulatory and market developments, and assessing potential impacts of these on the Protection Pricing area.
• Carrying out data analysis and communicating findings within the team where appropriate.
• Providing training, guidance and coaching to more junior staff where appropriate (you may become a line manager to a member of the team over time).
• Applying best practice and existing knowledge to strengthen processes and drive a culture of continuous improvement, across the department and wider business.
• Building effective working relationships within the team and throughout the Protection business, plus other departments such as Finance.
• Proactively working to resolve complex pricing issues as they arise.
• Working on Protection-based pricing projects, both in collaboration with colleagues and independently.

About You

Our ideal candidate will:

• Be a qualified Actuary, with robust experience in Pricing and demonstrable experience in a similar role.
• Have sufficient awareness of limitations to processes and the company.
• Understand when to escalate issues that require further support to resolve.
• Possess strong analytical skills, with the ability to effectively utilise tools such as Excel, R, Prophet, and Power BI.
• Demonstrate strong IT skills, including strong working knowledge of Microsoft Office programmes such as Outlook, Word and PowerPoint.
• Be a fantastic communicator, with engaging presentation skills - the ability to communicate complex, technical information to senior management and internal committees will be essential.
• Be a self-motivated individual, able to effectively manage your own workload.
• Support on and seek out opportunities for continuous improvement activity.
• Be a collaborative individual, with a team player mindset.
• Possess people management skills, with experience of carrying out line manager duties for a small team (desirable but not essential).
• Showcase a strong technical background, with hands-on experience in the UK financial services market and economic environment (gained while studying or when qualified as a Fellow).
• Have gained appropriate professional qualifications such as Fellow of the Institute and Faculty of Actuaries.

Rewards & Benefits

This role is a Band C in the LV= Structure. At LV= Life and Pensions, you'll go above and beyond to do the right thing for our customers. We'll reward your hard work with an attractive, competitive salary and benefits package, which includes:

• 30 days' holiday
• The opportunity to buy or sell up to two days of holiday
• An annual bonus scheme based on company and personal performance
• Flexible benefits, including a cycle to work scheme, personal accident insurance, critical illness cover, private medical insurance, and dental insurance
• Competitive pension scheme - LV= Life and Pensions will double-match the amount you pay, up to 14% (subject to National Minimum Wage requirements)
• Group Life Assurance of four times your basic pay to your dependents (you'll have the option to increase this to 8 x cover)
• Group Income Protection, if you enrol into the pension scheme and reach 5 years of service
• Employee Assistance Programme (EAP) service for support when you need it.
• Virtual GP service
• Shared parental leave
• Up to 20% discount on our life products for you and your immediate family

Please note all salary sacrifice benefits are subject to National Minimum Wage requirements i.e. you are unable to select any benefits that would reduce your base pay below the minimum wage threshold. Please note that we are unable to offer Skilled Worker Visa Sponsorship for this role. Therefore, you must ensure that you are eligible to work in the UK without our sponsorship for your application to be considered.

We're proud of our inclusive culture at LV= and, as an equal-opportunity employer, we continually work to remove unconscious bias from our recruitment process. We value our colleagues for what they bring to our team regardless of any protected status or characteristics they may have. Talk to us about flexible working as part of your application; if it's right for you, our members and customers, and our business, then we'll do everything we can to make it happen.