Project Actuary in London

Project Actuary in London

London Temporary 40500 - 49500 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead actuarial functions and drive capital management activities for impactful projects.
  • Company: Wesleyan, a trusted financial partner since 1841, values collaboration and innovation.
  • Benefits: Competitive salary, annual bonus, 28 days holiday, flexible working, and enhanced family leave.
  • Other info: Join a diverse culture that supports flexible working and career growth.
  • Why this job: Make a real impact in capital management while shaping brighter futures for professionals.
  • Qualifications: Newly or nearly qualified actuary with strong communication and problem-solving skills.

The predicted salary is between 40500 - 49500 £ per year.

Salary: Competitive

Contract Type: 12 Month Fixed Term Contract – 35 hours a week

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

Closing Date: Tuesday 22nd September 2026

Shape Brighter Futures with Wesleyan. Established in 1841, Wesleyan helps 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 Capital Management. As a Project Actuary within our Capital Management team, you will be an experienced actuarial professional with a combination of technical and business skills. You will help lead the actuarial function, supporting Senior Leaders and Department Leaders in delivering actuarial work and shaping new directions and ideas.

Your Impact

  • Drive Capital Management activity for the Group; including regular solvency monitoring, developing investment strategy, management of the Estate, reinsurance and other strategic choices affecting the capital position of the Society's funds.
  • Drive Capital Management input to merger & acquisitions, reinsurance and other corporate finance projects, including due diligence, as required.
  • Progress the annual Capital Plan and support Risk Management activity by using appropriate Asset Liability, balance sheet modelling techniques.
  • Provide input into the Society's strategic planning activity, including oversight and maintenance of the Society's strategic planning models.
  • Support and develop the Capital Management team to deliver, provide insights and mentor individuals of the wider department for success.
  • Build strong industry links / join relevant forums to ensure Wesleyan keeps pace with latest industry practice.

What You'll Bring

  • Newly or nearly qualified member of the Institute and Faculty of Actuaries.
  • Experience of Solvency II balance sheet reporting, Capital Management techniques or reinsurance.
  • Strong communication skills, including ability to summarise and contextualise information for senior stakeholders.
  • Excellent problem solving and business analysis skills.
  • Ability to work on own initiative and as part of a team.
  • Knowledge of actuarial projection software such as Prophet.
  • Strong knowledge of Excel, Word and databases and knowledge of Python.
  • An organised and flexible approach to work.
  • Ability to coach, supervise and train junior members of the team.

Benefits That Work for You

We believe rewards should reflect the life you live. Here's what you can expect:

  • 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.

Discover the full range of benefits: Wesleyan Careers Rewards.

Why Wesleyan?

We're building a culture where everyone belongs. Diversity isn't just a policy—it's part of who we are. Whatever your background, we want you to feel valued and empowered to thrive. We're proud supporters of the ABI Making Flexible Work campaign, which means we're open to discussing flexible working, job shares, and part-time options. If you need reasonable adjustments during the recruitment process, just let us know—we're here to support you.

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 four weeks but may close early if we receive a high volume of applications—apply early to avoid disappointment.

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

Project Actuary in London employer: Wesleyan

Wesleyan is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for a Project Actuary to thrive. With a strong commitment to employee growth, you will benefit from mentorship opportunities, flexible hybrid working arrangements, and a comprehensive benefits package that includes an annual bonus, generous holiday allowance, and enhanced family leave. Located in Birmingham, Wesleyan not only values diversity and inclusion but also supports your work-life balance, ensuring you can make a meaningful impact while enjoying a fulfilling career.

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Contact Details:

Wesleyan Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Project Actuary in London

Join Financial Networking Events

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We think you need these skills to ace Project Actuary in London

Actuarial Skills
Solvency II Reporting
Capital Management Techniques
Reinsurance Knowledge
Communication Skills
Problem-Solving Skills
Business Analysis Skills

Some tips for your application 🫡

Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!

Highlight Relevant Experience:If you’ve done any internships, part-time roles, or even coursework that aligns with banking or finance, make sure you include those! Showcase specific tasks where you used quantitative skills or analytical thinking, as this is what the hiring managers at Wesleyan will be keen to see in your application.

Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Wesleyan. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!

Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Wesleyan confidence in your short-term commitment to the role.

How to prepare for a job interview at Wesleyan

Brush Up on Financial Regulations

Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Wesleyan.

Showcase Your Analytical Skills

Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.

Highlight Flexibility and Adaptability

For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Wesleyan that you’re a reliable team player.

Demonstrate a Willingness to Learn

In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.