Actuarial Modelling Developer

Actuarial Modelling Developer

Full-Time 40000 - 50000 £ / year (est.) No working from home possible
The Actuary

At a Glance

  • Tasks: Build and maintain actuarial models and automation workflows from start to finish.
  • Company: Join a leading UK life insurer with a focus on innovation.
  • Benefits: Gain hands-on experience and develop your skills in a supportive environment.
  • Other info: Exciting opportunity for career growth in a dynamic team.
  • Why this job: Take ownership of model development and shape the future of actuarial functions.
  • Qualifications: Part-qualified actuary with practical model development experience; Python knowledge is a plus.

The predicted salary is between 40000 - 50000 £ per year.

We're working with a UK life insurer looking for a part-qualified actuary to join their Actuarial Development team. This is a genuinely technical, hands-on role – you'll be building and maintaining actuarial models and automation workflows end-to-end, translating business requirements into development specifications, and helping shape how the actuarial function operates.

Requirements

  • Part-qualified actuary (continuing or paused exams welcome)
  • Practical model development experience – RAFM, Mantle, Unify or similar
  • Python knowledge is a bonus
  • Background in UK life insurance

If you're someone who enjoys the technical side of actuarial work and wants real ownership over model development, this could be a strong next move.

Actuarial Modelling Developer employer: The Actuary

Join a leading UK life insurer that values innovation and technical expertise, offering a collaborative work culture where your contributions directly impact the actuarial function. With a focus on employee development, you'll have access to continuous learning opportunities and the chance to take ownership of your projects in a supportive environment. Located in a vibrant area, this role not only promises meaningful work but also a rewarding career path in the dynamic field of actuarial science.

The Actuary

Contact Details:

The Actuary Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Actuarial Modelling Developer

Tip Number 1

Network like a pro! Reach out to professionals in the actuarial field on LinkedIn or at industry events. We can’t stress enough how valuable personal connections can be in landing that dream role.

Tip Number 2

Show off your skills! Create a portfolio showcasing your model development projects. This is your chance to demonstrate your practical experience with RAFM, Mantle, or Python – make it shine!

Tip Number 3

Prepare for technical interviews by brushing up on your knowledge of actuarial models and automation workflows. We recommend practising common interview questions and even doing mock interviews with friends.

Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, it’s a great way to get noticed by employers looking for talent like yours.

We think you need these skills to ace Actuarial Modelling Developer

Actuarial Modelling
Model Development
RAFM
Mantle
Unify
Python
UK Life Insurance Knowledge

Some tips for your application 🫡

Tailor Your CV:Make sure your CV highlights your practical model development experience and any relevant tools you've used, like RAFM or Mantle. We want to see how your skills match the role, so don’t be shy about showcasing your achievements!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial modelling and how your background in UK life insurance makes you a great fit for our team. Keep it engaging and personal!

Show Off Your Technical Skills:Since this role is hands-on, make sure to mention any technical skills you have, especially if you know Python. We love seeing candidates who can bring their coding skills into the actuarial world, so let us know what you’ve got!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts and you’re good to go!

How to prepare for a job interview at The Actuary

Know Your Models

Make sure you brush up on your practical model development experience. Be ready to discuss specific projects you've worked on, especially if you've used RAFM, Mantle, or Unify. This will show that you have the hands-on skills they're looking for.

Brush Up on Python

If you have any Python knowledge, don’t shy away from it! Prepare to talk about how you've used Python in your previous roles, especially in relation to automation workflows. It could give you an edge over other candidates.

Understand the Business Side

Since you'll be translating business requirements into development specifications, it's crucial to understand the business context of your work. Research the UK life insurance market and think about how your technical skills can meet business needs.

Show Your Ownership Mindset

This role is all about taking ownership of model development. Be prepared to share examples of how you've taken initiative in past projects. Highlighting your proactive approach will resonate well with the interviewers.