Lead Product Pricing Actuary

Salary: £80-90,000 based on skills and experience

Contract Type: Permanent – 35 hours a week

Location: Hybrid working (office based in Birmingham) – typically 2 days in the office per week

Closing Date: 29th May 2026

Shape Brighter Futures with Wesleyan

Established in 1841, Wesleyan help trusted professionals—GPs, hospital doctors, dentists, and teachers—secure their financial future. Today, we’re proud to continue that mission with passion and purpose. If you’re looking for a role where your expertise makes a real impact, and you want to work in a culture that values collaboration, innovation, and integrity, we’d love to hear from you.

Make a Difference in our Actuarial team

Our Group Finance actuarial function comprises a range of professionals from newly qualified analysts to experienced actuaries, delivering all actuarial services across the Wesleyan Group. Key areas include product pricing, valuation, capital management, modelling, and financial reporting, with a collaborative, flexible approach to working across the team. Within this, the Lead Product Pricing Actuary plays a key role in shaping product design and pricing strategy, leading the Product Pricing team to support strategy and provide actuarial oversight, shaping product design and delivering data‑driven insights that support sustainable growth, profitability, and positive customer outcomes.

Here’s how you’ll make a difference:

• Lead product pricing strategy and actuarial oversight, shaping product design and delivering data‑driven insights that support sustainable growth, profitability, and positive customer outcomes.
• Provide expert actuarial and commercial advice on new and existing products, ensuring pricing decisions balance regulatory requirements, TCF principles, and business objectives.
• Drive high‑quality delivery across the Product Pricing team, maintaining robust controls, governance frameworks, and accurate, timely outputs.
• Influence key stakeholders across the business (including CPCO and senior committees), supporting strategic decision‑making through clear, evidence‑based recommendations.
• Oversee actuarial assumptions, modelling, and management information, ensuring insights into capital, risk, and performance inform long‑term business strategy.
• Lead, coach, and develop actuarial talent, fostering a collaborative, high‑performing team that contributes to wider actuarial and cross‑functional initiatives.

What You’ll Bring:

• Fully qualified member of the Institute and Faculty of Actuaries
• Experience leading actuarial work and leading employees
• Strong technical pricing expertise across protection, pension or investment products
• Comfortable operating in a regulated financial services environment, including a good understanding of UK product regulations
• Experience of working in a UK Life Office environment
• Detailed experience of working with an actuarial modelling system – e.g. Prophet

We recognise that not every candidate will meet every requirement. If you’re excited about this role, we encourage you to apply.

Benefits That Work for You:

• Annual bonus to recognise your contribution.
• 28 days holiday (plus a culture day!) – rising to 30 days with service.
• Flexible hybrid working for better work‑life balance.
• Company pension scheme – matched plus 2% (up to 10%).
• Free secure underground Birmingham city centre parking (subject to availability, weekend use included).
• Salary sacrifice schemes that help you provide the things that matter – to include PMI, Electric Vehicle Leasing and cashback on everyday essentials.
• Enhanced family leave and two volunteering days to give back to causes you care about.
• PMI cover

What to Know Before Applying:

• Right to Work: We’re unable to provide VISA sponsorship, so you’ll need the legal right to live and work in the UK.
• Advert Closing: We typically advertise for two weeks but may close early if we receive a high volume of applications—apply early to avoid disappointment.
• Regulatory Requirements: As a financial services organisation, we adopt the highest standards. This role is subject to regulatory checks, including criminal record and credit checks, and ongoing assessments under the SMCR Framework.
• If you need reasonable adjustments during the recruitment process, just let us know—we’re here to support you.

Ready to Shape Your Future? Apply today and join us in creating brighter financial futures—for our customers, our members, and you.