Senior Financial Risk Actuary (ORSA/RRP) in Birmingham
Senior Financial Risk Actuary (ORSA/RRP)

Senior Financial Risk Actuary (ORSA/RRP) in Birmingham

Birmingham Full-Time 43200 - 72000 ÂŁ / year (est.) No home office possible
Go Premium
T

At a Glance

  • Tasks: Lead high-profile financial risk activities and develop a top-performing team.
  • Company: Dynamic life insurance company focused on innovation and collaboration.
  • Benefits: Competitive salary, professional growth opportunities, and influence on strategic decisions.
  • Why this job: Shape financial risk management and drive innovation in a senior role.
  • Qualifications: Qualified Actuary with strong life insurance experience and leadership skills.
  • Other info: Join a culture that values collaboration and pragmatic risk management.

The predicted salary is between 43200 - 72000 ÂŁ per year.

We are looking for a senior financial risk leader and qualified actuary with deep expertise in ORSA, Recovery and Resolution, Stress and Scenario Testing and Solvent Exit Planning. You will bring strong executive influence, the ability to translate complex balance sheet and regulatory risk into clear strategic insight, and the leadership to drive high‑performing teams focused on material risks.

About the role:

  • Lead the delivery of high‑profile regulatory and strategic activities including ORSA, Recovery & Resolution Plans and Solvent Exit Planning.
  • Act as a senior Line 2 leader, providing robust, pragmatic challenge and insight on material business decisions.
  • Own and evolve key financial risk frameworks such as Risk Appetite and Stress & Scenario Testing, ensuring they are proportionate and commercially relevant.
  • Partner closely with Executive and Business Leaders, influencing outcomes through clear, credible advice.
  • Lead executive‑level exercises including the annual Recovery Plan fire drill.
  • Build, lead and develop a high‑performing Financial Risk Operations team.

About you:

  • Qualified Actuary (or equivalent) with strong life insurance experience, particularly annuities and BPA.
  • Deep expertise in Solvency UK, IFRS 17, UK GAAP and balance sheet management.
  • Proven delivery of ORSA, Recovery & Resolution, Stress Testing and Risk Appetite frameworks.
  • Confident operating at Executive level with excellent written and verbal communication skills.
  • A collaborative, credible leader who can challenge constructively and develop high‑performing teams.
  • Strong awareness of non‑financial risks and operational resilience.

Why join?

  • A senior, visible role with real influence on strategic and executive decision‑making.
  • Exposure to complex, market‑leading life insurance and annuity portfolios.
  • Opportunity to shape how financial risk is managed across the Group.
  • A culture that values pragmatic risk management, collaboration and professional growth.
  • The chance to drive innovation in risk oversight, including the use of data, technology and AI.

Senior Financial Risk Actuary (ORSA/RRP) in Birmingham employer: The Actuary

Join a leading financial services firm that prioritises innovation and collaboration, offering a dynamic work culture where your expertise as a Senior Financial Risk Actuary will directly influence strategic decision-making. With a strong focus on professional growth, you will have the opportunity to shape financial risk management across market-leading life insurance portfolios while working alongside executive leaders in a supportive environment that values pragmatic risk oversight and the integration of cutting-edge technology. This role not only provides a platform for impactful contributions but also fosters a culture of continuous learning and development.
T

Contact Detail:

The Actuary Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Financial Risk Actuary (ORSA/RRP) in Birmingham

✨Tip Number 1

Network like a pro! Reach out to industry contacts, attend relevant events, and engage on platforms like LinkedIn. We can’t stress enough how personal connections can open doors to opportunities that aren’t even advertised.

✨Tip Number 2

Prepare for interviews by practising your storytelling skills. We want you to articulate your experience with ORSA, Recovery Plans, and Stress Testing in a way that showcases your leadership and strategic insight. Remember, it’s all about making a memorable impression!

✨Tip Number 3

Research the company thoroughly before any interview. Understand their financial risk frameworks and recent developments in the life insurance sector. This will help you tailor your responses and demonstrate your genuine interest in shaping their risk management strategies.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us.

We think you need these skills to ace Senior Financial Risk Actuary (ORSA/RRP) in Birmingham

Qualified Actuary
ORSA
Recovery and Resolution Planning
Stress Testing
Scenario Testing
Solvent Exit Planning
Financial Risk Frameworks
Risk Appetite
Balance Sheet Management
Solvency UK
IFRS 17
UK GAAP
Executive Communication Skills
Leadership
Team Development

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to highlight your experience in ORSA, Recovery and Resolution, and Stress Testing. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements in these areas!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this senior financial risk role. We love seeing candidates who can clearly articulate their strategic insights and leadership style.

Showcase Your Leadership Skills: As a senior leader, we’re looking for someone who can drive high-performing teams. Highlight your experience in building and leading teams, and give examples of how you've influenced executive-level decisions in the past.

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 receive your application and ensure it gets the attention it deserves!

How to prepare for a job interview at The Actuary

✨Know Your Stuff

Make sure you brush up on your knowledge of ORSA, Recovery and Resolution Plans, and Stress Testing. Be ready to discuss how you've applied these concepts in your previous roles, as well as any frameworks you've developed or improved.

✨Showcase Your Leadership Skills

Prepare examples that highlight your experience in leading high-performing teams. Think about times when you influenced executive decisions or provided strategic insights that made a difference. This is your chance to shine as a credible leader!

✨Communicate Clearly

Practice articulating complex financial concepts in a straightforward manner. You’ll need to demonstrate your ability to translate intricate balance sheet risks into clear, actionable advice for executives. Consider doing mock interviews with a friend to refine your delivery.

✨Be Collaborative

Emphasise your collaborative approach during the interview. Discuss how you’ve partnered with business leaders in the past and how you can bring that same spirit to their team. Highlight your awareness of non-financial risks and operational resilience to show you're a well-rounded candidate.

Senior Financial Risk Actuary (ORSA/RRP) in Birmingham
The Actuary
Location: Birmingham
Go Premium

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

T
  • Senior Financial Risk Actuary (ORSA/RRP) in Birmingham

    Birmingham
    Full-Time
    43200 - 72000 ÂŁ / year (est.)
  • T

    The Actuary

    50-100
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>