Senior Actuary in London

Senior Actuary in London

London Full-Time 60000 - 80000 £ / year (est.) No working from home possible
Willis Re (UK) Limited

At a Glance

  • Tasks: Design and build analytical tools, support bespoke reinsurance programmes, and mentor junior analysts.
  • Company: Leading reinsurance brokerage with a focus on innovation and client impact.
  • Benefits: Competitive salary, professional development, and a collaborative work environment.
  • Other info: Opportunity to work with emerging technologies and contribute to impactful projects.
  • Why this job: Join a dynamic team and make a real difference in the reinsurance industry.
  • Qualifications: Fully qualified actuary with experience in reinsurance and strong analytical skills.

The predicted salary is between 60000 - 80000 £ per year.

We are seeking a commercially minded and technically rigorous Qualified Actuary to join our UK Analytics team within a leading reinsurance brokerage. The position is client‐facing and combines actuarial insight with real‐world commercial experience, supporting the design, structuring, and execution of sophisticated reinsurance solutions across multiple lines of business.

Key Responsibilities

  • Design and build market‐leading analytical tools and methodologies that improve pricing accuracy, workflow efficiency, and client‐facing outputs.
  • Serve as a strategic advisor to clients, providing deep actuarial insight into portfolio performance, risk dynamics, and optimal reinsurance structures.
  • Support the development of bespoke reinsurance programmes that meet client‐specific objectives across risk mitigation, capital relief, and volatility management.
  • Apply actuarial methods to price treaty reinsurance across a range of perils and lines, leveraging exposure data, loss experience, and catastrophe model outputs.
  • Produce and present benchmark analyses that inform negotiations and enhance the credibility of placement strategies with reinsurers.
  • Partner closely with brokers to craft analytical placement narratives and support reinsurer engagement during the marketing and negotiation process.
  • Adapt modelling outputs and performance indicators to strengthen our value proposition and differentiate our offering in a competitive market.
  • Mentor junior analysts and actuarial trainees, supporting their technical development and ensuring delivery excellence across the team.
  • Conduct peer reviews and support the broader capability‐building agenda of the analytics function.
  • Develop trusted relationships with brokers, clients, reinsurers, and internal stakeholders, serving as a critical link between technical insight and commercial strategy.
  • Contribute actuarial leadership to RFP responses, new business pursuits, and long‐term client engagement strategies.

Essential Qualifications & Experience

  • Fully qualified actuary (ACAS, FCAS) with significant post‐qualification experience in reinsurance, insurance, or advisory.
  • Bachelor's degree in Actuarial Science, Economics, Mathematics, Statistics, or a related field.
  • Deep understanding of treaty reinsurance pricing approaches and portfolio analytics, including experience with exposure rating across multiple lines of business.
  • Experience and familiarity working across multiple lines of business (Property, Casualty, Marine & Energy, Cyber, Credit & Political Risk, or similar classes).
  • Familiarity with catastrophe model interpretation and integration of technical outputs into reinsurance structuring.
  • Strong grasp of market dynamics and client decision‐making processes within the reinsurance value chain.
  • Demonstrated ability to communicate complex actuarial concepts clearly to senior stakeholders and non‐technical audiences.
  • Ability to manage multiple ongoing, complex projects and maintain contact with involved parties, internal or external.
  • Collaborative team player who thrives in a multi‐disciplinary environment.
  • Adaptable, solutions‐focused, and energized by variety and pace.
  • Committed to continuous learning, innovation, and client impact.
  • Proficient in Excel and actuarial modelling tools; working knowledge of coding languages (Python) or data visualisation platforms (PowerBI, Tableau) is an advantage.
  • Working knowledge of stochastic RI pricing tools; working knowledge of Igloo is an advantage.
  • Good understanding of emerging technologies, including AI, Data Science, Generative AI, and data ingestion, to identify development opportunities.

Equal Opportunity Statement

We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories. If you have a need that requires accommodation, we will be happy to work with you.

Senior Actuary in London employer: Willis Re (UK) Limited

Join a leading reinsurance brokerage that values innovation and collaboration, offering a dynamic work environment in the heart of the UK. As a Senior Actuary, you will not only leverage your technical expertise but also enjoy opportunities for professional growth through mentorship and leadership roles. With a commitment to continuous learning and a diverse, inclusive culture, this company stands out as an exceptional employer for those seeking meaningful and impactful careers.

Willis Re (UK) Limited

Contact Details:

Willis Re (UK) Limited Recruitment Team

StudySmarter Expert Advice🤫

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

Tip Number 1

Network like a pro! Get out there and connect with industry professionals on LinkedIn or at events. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior Actuary role.

Tip Number 2

Prepare for those interviews by practising your pitch. We recommend you highlight your experience in reinsurance and how you’ve used actuarial insights to drive client success. Make sure you can explain complex concepts in a way that even non-technical folks can understand!

Tip Number 3

Showcase your analytical skills! Bring examples of your work, like market-leading tools or methodologies you've developed. We want to see how you’ve improved pricing accuracy or workflow efficiency in past roles.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive about their job search!

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

Qualified Actuary (ACAS, FCAS)
Actuarial Science
Reinsurance Pricing Approaches
Portfolio Analytics
Exposure Rating
Catastrophe Model Interpretation
Market Dynamics Understanding

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Senior Actuary role. Highlight your qualifications, especially your post-qualification experience in reinsurance and any relevant projects you've worked on.

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 UK Analytics team. Mention specific examples of how you've applied actuarial methods in real-world scenarios and how you can contribute to our client-facing outputs.

Showcase Your Technical Skills:Don’t forget to mention your proficiency in Excel, actuarial modelling tools, and any coding languages you know. If you have experience with data visualisation platforms like PowerBI or Tableau, make sure to include that too!

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 Willis Re (UK) Limited

Know Your Numbers

As a Senior Actuary, you’ll need to demonstrate your deep understanding of actuarial concepts and pricing approaches. Brush up on your knowledge of treaty reinsurance pricing and portfolio analytics. Be ready to discuss specific examples from your experience where you've applied these methods to real-world scenarios.

Showcase Your Communication Skills

This role requires you to communicate complex actuarial concepts clearly to both technical and non-technical audiences. Prepare to explain your past projects in a way that highlights your ability to bridge the gap between technical insight and commercial strategy. Practise articulating your thoughts succinctly and confidently.

Demonstrate Your Client-Facing Experience

Since the position is client-facing, be prepared to share examples of how you've built trusted relationships with clients and brokers. Highlight your experience in providing strategic advice and how you've contributed to bespoke reinsurance programmes that meet client-specific objectives.

Stay Current with Industry Trends

The reinsurance landscape is constantly evolving, so it’s crucial to stay updated on market dynamics and emerging technologies. Research recent trends in AI, Data Science, and their applications in actuarial work. Being able to discuss these topics will show your commitment to continuous learning and innovation.