Actuary, Assumption Development, R&D

London Source: WhatJobs

£60,000–£90,000

In this role, you’ll work across both Longevity and Protection markets, giving you diverse exposure and the opportunity to make a real impact. You’ll contribute to developing the actuarial bases that set their best estimate assumptions — guiding work from initial data analysis through model fitting, validation, and final approval. Previous experience with actuarial techniques like Generalised Linear Models and Survival models would be an advantage.

Location: London
Category: Life Actuarial
Type: Permanent

Key responsibilities (including but not limited to):

Contribute to the development of market-leading assumptions by sourcing data, building models, and bringing innovative approaches to assumption setting
Provide robust challenge to assumptions and approaches adopted by Pricing
Build effective working relationships with stakeholders across the company, to support alignment and understanding of technical recommendations
Support actuarial research initiatives, including contributing to internal analysis, thought-leadership work, and engagement with academic partners
Provide guidance and mentoring within the R&D team, supporting the development for junior team members
Nearly qualified or qualified Fellow of the Institute or Faculty of Actuaries or Society of Actuaries or other similar organisation
Strong analytical skills and problem-solving abilities
An understanding of one or more of the markets they operate in (Longevity or Protection reinsurance)
Familiarity of experience studies, trend modelling, and pricing within the life insurance industry (including reinsurers, insurers and consultancy)
Competent in using programming languages (e.g. SQL, R or Tyche)
Knowledge of actuarial techniques such as Generalized Linear Models and Survival Models
Ability to collaborate with strong team-working and interpersonal skills
Experience in presenting to varied audiences on technical topics to gain approval