At a Glance
- Tasks: Lead product pricing strategy and deliver data-driven insights for sustainable growth.
- Company: Wesleyan, a trusted financial services provider since 1841.
- Benefits: Competitive salary, annual bonus, flexible working, and generous holiday allowance.
- Other info: Join a high-performing team with excellent career development opportunities.
- Why this job: Make a real impact in a collaborative environment while shaping financial futures.
- Qualifications: Fully qualified actuary with strong leadership and technical pricing expertise.
The predicted salary is between 80000 - 90000 £ per year.
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 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 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.
Lead Product Pricing Actuary in West Bromwich employer: Wesleyan
Wesleyan is an exceptional employer that fosters a culture of collaboration, innovation, and integrity, making it an ideal place for professionals looking to make a meaningful impact in the financial services sector. With flexible hybrid working arrangements, generous benefits including an annual bonus, enhanced family leave, and opportunities for personal and professional growth, employees are empowered to thrive both in their careers and personal lives. Located in Birmingham, Wesleyan offers a supportive environment where actuaries can lead, coach, and develop talent while contributing to sustainable growth and positive customer outcomes.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Product Pricing Actuary in West Bromwich
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work at Wesleyan or similar companies. A friendly chat can lead to insider info about the role and even a referral!
✨Tip Number 2
Prepare for the interview by brushing up on your technical pricing expertise. Be ready to discuss how you’ve shaped product design and pricing strategies in the past. We want to see your passion for making a difference!
✨Tip Number 3
Showcase your leadership skills! Think of examples where you've led teams or projects, especially in a regulated environment. Highlight how you’ve developed talent and fostered collaboration—this is key for the Lead Product Pricing Actuary role.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re serious about joining our mission to create brighter financial futures.
We think you need these skills to ace Lead Product Pricing Actuary in West Bromwich
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your actuarial expertise and any relevant leadership roles you've held. We want to see how you can make a difference in our team!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about the Lead Product Pricing Actuary role and how your background aligns with our mission at Wesleyan. Let us know what makes you the perfect fit!
Showcase Your Achievements:When detailing your experience, focus on specific achievements that demonstrate your impact in previous roles. Whether it's successful pricing strategies or team leadership, we love to see quantifiable results that highlight your contributions.
Apply Early!:We often close applications early if we receive a high volume of interest, so don’t wait until the last minute. Head over to our website and submit your application as soon as you can to avoid disappointment!
How to prepare for a job interview at Wesleyan
✨Know Your Numbers
As a Lead Product Pricing Actuary, you'll need to demonstrate your strong technical pricing expertise. Brush up on key actuarial concepts and be ready to discuss how you've applied them in previous roles. Prepare specific examples of how your insights have driven product design and pricing strategy.
✨Understand the Business
Familiarise yourself with Wesleyan's mission and values. Understand their focus on collaboration, innovation, and integrity. Be prepared to discuss how your experience aligns with their goals and how you can contribute to sustainable growth and positive customer outcomes.
✨Stakeholder Engagement
This role involves influencing key stakeholders, so think about your past experiences in this area. Prepare to share examples of how you've effectively communicated complex actuarial concepts to non-technical audiences and supported strategic decision-making with evidence-based recommendations.
✨Show Leadership Skills
As a lead, you'll be expected to coach and develop talent within your team. Think about your leadership style and prepare to discuss how you've fostered a collaborative, high-performing environment in previous roles. Highlight any initiatives you've led that contributed to team success.
