Actuary

• Management of the post sale pricing process
• Compliance with all contractual terms
• Management of the CPS post sale pricing
• Completion of all key controls
• Validation of the output from the pricing team
• Production of sign off documents for the CPS MD
• Key point of contact for the development of methodology for all CPS member option calculations
• Own the Matching Adjustment deal approval process
• Broader support within the CRS Operations team to deliver and maintain BPA business
• Development of scalable solutions
• Liaise with internal and external stakeholders
• Drive continuous improvement through innovation
• Provide management information to appropriate governance forums
• Support the delivery of other elements of the CPS business plan

Actuarial Specialist

• Help estimate the cost of future claims for Motor and Household insurance portfolios while developing strong actuarial and analytical skills.
• Support the production of monthly and quarterly reserving analyses, including maintaining claims development triangles.
• Contribute to the estimation of IBNR and ultimate claims costs using established actuarial techniques such as Chain Ladder and Bornhuetter-Ferguson.
• Analyse and interpret trends in claims experience, working with large datasets through SQL.
• Help build and maintain reserving models and develop Python-based tools to enhance analysis and automate processes.
• Support capital reporting activities and develop an understanding of key capital drivers.

• Undertake a range of activity in support of Standard Life’s strategic BPA Business
• Work to bring new deals quickly and efficiently into regulatory reporting processes
• Validate the financial impacts of transactions
• Support activity to meet scheme obligations such as data cleanses and buy-out activities
• Potential to support on a range of activities delivering enhanced processes and systems to support the efficient onboarding of BPAs

BPA Actuary

• Undertake pricing and actuarial input required to support delivery of DB Data True Ups and other tasks relating to in-force business
• Support Head of True up, DB Actuary and DB Senior Actuarial Analyst in accurate and timely delivery of data true ups
• Prepare internal sign off documentation produced for each quotation, ensuring results are presented in a clear manner
• Prepare drafts of client deliverables / data true up letters to be issued externally
• Carry out all necessary BAU work for in force business which includes scheme valuations
• Prepare scheme valuations and ensure they are delivered in a timely and accurate manner
• Prepare individual member calculations and ensure they are delivered in a timely and accurate manner
• Develop a deep knowledge of all systems and tools used by the True up team
• Proactively help to drive projects forward to ensure they are progressed in line with expected timescales
• Proactively work to promote a culture of collaboration and engagement within the True up team.

DB Actuarial Analyst

• Providing effective actuarial oversight and challenge of third‑party actuarial calculations, processes and controls
• Reviewing and assessing the quality, completeness and appropriateness of actuarial outputs
• Supporting improvements in the control framework, including documentation, governance, issue management and remediation activities
• Developing a strong understanding of data flows, administration systems and end‑to‑end processes supporting legacy life and pensions business
• Identifying risks, issues and emerging themes, and escalating or advising appropriately
• Working collaboratively with third‑party providers, and other internal teams
• Communicating complex actuarial and technical matters clearly to a range of audiences
• Contributing to continuous improvement of oversight approaches, tools and ways of working
• Supporting knowledge‑sharing and capability development within the actuarial oversight community

Actuarial Oversight Manager

• Providing effective actuarial oversight and challenge of third-party actuarial calculations, processes and controls
• Reviewing and assessing the quality, completeness and appropriateness of actuarial outputs, ensuring they meet internal standards and external requirements
• Supporting improvements in the control framework, including documentation, governance, issue management and remediation activities
• Developing a strong understanding of data flows, administration systems and end-to-end processes supporting legacy life and pensions business
• Identifying risks, issues and emerging themes, and escalating or advising appropriately with clear, evidence-based insight
• Working collaboratively with third-party providers, and other internal teams
• Communicating complex actuarial and technical matters clearly to a range of audiences, including non-specialists
• Contributing to continuous improvement of oversight approaches, tools and ways of working
• Supporting knowledge-sharing and capability development within the actuarial oversight community

Actuarial Oversight Manager – Fixed Term Contract

• Act as the key link between Actuarial and Finance within the programme
• Oversee actuarial inputs into financial reporting and ensure alignment with accounting outputs
• Support design of end-to-end reporting processes across actuarial and finance systems
• Review methodologies, assumptions and outputs for consistency and appropriateness
• Contribute to governance, controls and documentation of actuarial-financial interfaces
• Support stakeholder engagement across Actuarial, Finance and Change

Project Actuarial Lead

• Maintain and develop pricing algorithms for Travelers Europe
• Implement those algorithms in the Hyperexponential (HX production system)
• Liaise with underwriters to support use of pricing models
• Run processes for batch rating portfolios of business in Python
• Expand batch rater (and associated standard pricing dataset) to work for more products across Travelers Europe
• Run processes for calibrating base rates
• Prepare data and analysis for actuarial rating validation exercises for specific products
• Contribute to analysis of pricing model data
• Assist with other roles (e.g. case pricing, business planning, reinsurance purchase) carried out by the Travelers Europe pricing team.
• Communicates analysis, project results, and other business initiatives to peers and business partners.
• Communicates technical topics to non-technical audience within the primary working group with guidance from manager.
• Actively participates and may lead group discussions at the unit level.
• Creates formal written communication such as memos or presentations with guidance and peer review.
• Networks and collaborates on ideas and challenges.

Senior Assistant Actuary

• Support the provision of Actuarial Risk management across the Benefact Group
• Run an annual ‘model outputs’ validation report including diversification benefit and comparison to standard formula
• Deep dive validation tests for targeted areas of risk
• Compile an Actuarial Function opinion on underwriting and pricing
• Independent review and challenge of business plan actuarial assumptions

Interim Actuarial Model Validation – Inside IR35 Contract

• Supporting our Home Care insurance products (boiler and central heating cover)
• Play a key role in ensuring we manage risk effectively while meeting regulatory requirements
• Support the quarterly review of technical provisions
• Help assess assumptions and ensure robust actuarial outputs
• Assist in overseeing underwriting activities
• Support the Chief Actuary in forming opinions on underwriting and reinsurance strategies
• Contribute to broader risk management activities, including the ORSA process
• Support stress testing and scenario analysis
• Support PRA compliance, including horizon scanning and regulatory monitoring
• Contribute to maintaining a strong governance and risk framework

Senior Actuarial Analyst

• Directs a team of actuarial professionals
• Crafts the operating model and works closely with participants
• Supports business planning and decisions by providing insight, control, and thought leadership
• Responsible for delivering elements related to reserves, capital, and liquidity
• Maintains and improves processes and models
• Provides pricing and underwriting support
• Delivers regular and ad hoc insightful information to influence business decisions
• Contributes to the strategic direction of the General Insurance business
• Leads actuarial projects or provides actuarial advice to corporate projects

Chief Actuary

• Directs a team of actuarial professionals.
• Crafts the operating model and works closely with participants.
• Supports business planning and decisions by providing insight, control, and thought leadership.
• Responsible for delivering elements related to reserves, capital, and liquidity, including maintaining and improving processes and models.
• Provides pricing and underwriting support.
• Proactively considers forward-looking capital and optimisation projects for the General Insurance business.
• Leads processes to deliver regular and ad hoc insightful information to influence business decisions.
• Contributes to the strategic direction of the General Insurance business, applying insight to support participation, product, rate setting, and risk assessment options.
• Maintains a high performing team to ensure colleagues are led, mentored and developed.
• Interprets and translates policy into processes for functional areas and business divisions.

Actuary jobs in United Kingdom

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Actuarial Specialist

Actuary

BPA Actuary

DB Actuarial Analyst

Actuarial Oversight Manager

Actuarial Oversight Manager – Fixed Term Contract

Project Actuarial Lead

Senior Assistant Actuary

Interim Actuarial Model Validation – Inside IR35 Contract

Senior Actuarial Analyst

Chief Actuary

Chief Actuary