At a Glance
- Tasks: Lead capital management initiatives and support senior stakeholders with high-quality analysis.
- Company: Join Unum UK, a specialist employee benefits provider focused on healthy workplaces.
- Benefits: Generous bonus, pension scheme, life insurance, and 27 days holiday plus more.
- Why this job: Make a real impact in a supportive environment while advancing your actuarial career.
- Qualifications: Qualified actuary with strong knowledge of Solvency II and excellent communication skills.
- Other info: Hybrid work model with opportunities for personal and professional growth.
The predicted salary is between 43200 - 72000 £ per year.
Who are we? We're a specialist employee benefits provider, striving to create healthy, happy workplaces. As part of the international Unum Group, we're on a collective mission to help the working world thrive.
The role
Location: Hybrid (3 days a week minimum in office - London Or Dorking)
Unum UK is seeking a Senior Actuarial Manager to join our Capital team. In this position, you'll be responsible for maintaining the capital management framework and recovery plan, leading key capital initiatives, and supporting senior stakeholders through high quality analysis, reporting and Board level communications.
What will you bring?
- Maintain and oversee the capital management framework, recovery plan and early warning indicators.
- Own the Ancillary Own Funds arrangement, including monitoring, Unum US Treasury engagement and periodic PRA approvals.
- Play a lead role in capital strategy reviews, model baselining and wider capital initiatives.
- Review and maintain methodologies and assumptions within the Solvency II Internal Model and associated Technical Papers.
- Oversee the model baselining programme, including associated auditor engagement.
- Analyse regulatory developments and lead responses to changes in regulation or risk profile.
- Prepare clear Board and Committee papers and present to senior governance forums.
- Play a key role in building strong stakeholder relationships.
- Proactively improve processes within the Actuarial Risk and Capital team.
- Line manage, coach and develop actuarial students and newly qualified actuaries, as required.
About You
- A qualified actuary with strong post‑qualification experience.
- Strong knowledge of Solvency II and UK regulatory requirements.
- An excellent communicator with strong analytical, problem‑solving and IT skills.
- Confident managing multiple priorities.
- Experience coaching and developing actuarial talent.
Our Benefits
- Generous Bonus
- DC pension scheme
- Life, medical and income Insurance
- Access to remote GP, nutrition coaching, personal training, unlimited mental health support and medical 2nd opinion
- 27 days holiday with the option to buy and sell holiday up to 5 days (plus Bank Holidays)
- Salary sacrifice electric car scheme
Why join us?
At Unum, we've created a workplace where people feel supported to progress and grow, and can see their ambitions coming to life. We've built a supportive, inclusive environment where you can be yourself, whilst also being part of a growing organisation. From charity and volunteer opportunities to career growth, your possibilities are endless.
If you need assistance and/or reasonable accommodation due to a disability during the application or recruiting process, please send a request to Company Unum UK.
Senior Actuarial Manager, Capital in London employer: Unum UK
Contact Detail:
Unum UK Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Manager, Capital in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at Unum. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Ace the Interview
Prepare for your interview by researching common questions for actuarial roles and practising your responses. Make sure you can articulate your experience with Solvency II and capital management clearly, as these are key areas for the Senior Actuarial Manager role.
✨Showcase Your Skills
Bring your A-game by showcasing your analytical and problem-solving skills during interviews. Use specific examples from your past work to demonstrate how you've tackled challenges and contributed to capital initiatives.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at Unum.
We think you need these skills to ace Senior Actuarial Manager, Capital in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Actuarial Manager role. Highlight your knowledge of Solvency II and any relevant capital management experience to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team at Unum. Share specific examples of your achievements and how they relate to the responsibilities outlined in the job description.
Showcase Your Communication Skills: As an excellent communicator, make sure your application showcases this. Use clear and concise language, and don’t shy away from demonstrating your analytical and problem-solving skills through your written responses.
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 shows you’re keen on joining our team!
How to prepare for a job interview at Unum UK
✨Know Your Stuff
Make sure you brush up on your knowledge of Solvency II and UK regulatory requirements. Be ready to discuss how these impact capital management and any recent changes in regulations. This shows you're not just qualified, but also engaged with the industry.
✨Showcase Your Communication Skills
As a Senior Actuarial Manager, you'll need to present complex information clearly. Prepare examples of how you've communicated with senior stakeholders or presented to boards in the past. Practising your delivery can help you come across as confident and articulate.
✨Demonstrate Leadership Experience
Highlight your experience in coaching and developing actuarial talent. Think of specific instances where you've successfully managed a team or improved processes. This will show that you’re not only a technical expert but also a great leader.
✨Prepare Questions
Have a few thoughtful questions ready about the role and the company culture. This demonstrates your interest in the position and helps you assess if Unum is the right fit for you. Ask about their approach to capital strategy reviews or how they support professional development.