Actuarial Model Developer

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Closing date for applications: 13th October 2026

The opportunity:

We're looking for a talentedActuarial Model Developer to join our team of highly skilled actuaries and play a key role in shaping the models that support our reporting, risk management, and business planning activities.

This is an exciting opportunity to work at the heart of the business, developing and enhancing actuarial models that drive critical decision-making. You'll collaborate with a wide range of stakeholders, translating complex business requirements into robust technical solutions, while ensuring our modelling framework remains fit for the future in an evolving regulatory and commercial environment.

If you're passionate about actuarial modelling, enjoy solving complex problems, and thrive in a collaborative environment where continuous improvement is encouraged, we'd love to hear from you.

What you'll be doing:

• Develop, maintain, and enhance Prophet models supporting a range of activities, including IFRS 17 reporting, risk-based capital reporting, and business planning.
• Partner with stakeholders across the business to understand evolving requirements and translate them into effective modelling solutions.
• Identify opportunities to improve efficiency through process enhancements, automation, and innovative ways of working.
• Ensure models and associated processes comply with company governance standards and regulatory requirements, supported by clear and robust documentation.
• Perform testing and validation activities to demonstrate the ongoing accuracy, reliability, and suitability of actuarial models.
• Support internal and external audit activities by evidencing the strength of modelling controls and governance processes.
• Contribute to cross-functional projects and business initiatives, providing actuarial expertise and technical insight where required.

About you:

We're looking for someone who combines strong technical capability with excellent problem-solving and communication skills.

You'll ideally have:

• Full or part qualification as an actuary.
• A strong degree in Actuarial Science, Mathematics, or a related discipline.
• Advanced technical skills in MS Excel and MS Access/SQL.
• Experience within the life insurance industry, with knowledge of a range of products, particularly unit-linked business.
• Understanding of IFRS 17 and risk-based capital reporting requirements.
• Strong analytical and numerical skills, with excellent attention to detail.
• The ability to communicate complex concepts clearly and effectively to a broad range of stakeholders.
• A proactive mindset, with the confidence to challenge existing approaches and drive continuous improvement.

Why Join Us?

This is an opportunity to make a real impact within a collaborative and forward-thinking actuarial team. You'll work on high-profile business initiatives and further develop your technical and professional expertise in a supportive environment that encourages innovation and growth.

Our culture:

At Zurich on the Isle of Man, our sense of community is strong and we’re particularly passionate about diversity and inclusion. We want our people to bring their whole selves to the workplace and ensure everybody is made to feel welcome, regardless of their background, race, gender or sexual identity, beliefs, or culture.

We are committed to treating all our applicants fairly and with respect, irrespective of their actual or assumed background, disability, or any other protected characteristic.

We have an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement, and we offer access to a comprehensive range of training and development opportunities.

We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm,Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So, make a difference. Be challenged. Be inspired. Be supported. Love what you do. Work for us.

The financials

• Competitive salary.
• 12% defined non-contributory pension scheme.
• Annual company bonus.
• Income Protection.
• Life cover - four times your salary.
• Free Car Parking, including electric car charging points.

Time away

• 28 days holiday a year plus bank holidays.
• The option to buy up to an additional 20 days or sell some of your holiday.
• Three days paid volunteering.
• Up to 16 weeks' full pay for maternity, paternity and adoption leave.

Your health is important to us

• Access to Private medical insurance.
• Virtual GP appointments.
• Free flu jab.
• Access to a wealth of support from our wellbeing partners.
• Flexible working.
• Free fruit on a Weekly basis

We're making a difference

• Creating a brighter, more sustainable future underpins all that we do here in Zurich. Our modern and sustainable office is BREEAM and SAGE Plus accredited.
• Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community actively through the IOM Staff Charity Fund.

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