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Actuary, Assumption Development, R&D

United Kingdom, London Employment contract 75000.00 - 95000.00 GBP / Year · Job Posted June 09, 2026
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Job Description

A prestigious global life reinsurer is seeking a nearly qualified or qualified actuary to join their Research & Development team in a role focused on assumption development across both Protection and Longevity markets. This is an outstanding opportunity for an actuary looking to deepen their technical expertise whilst gaining exposure to cutting-edge actuarial research, experience analysis and assumption development. The role offers the chance to work on high-profile projects that directly influence pricing, product development and strategic decision-making across international markets. Working alongside experienced actuarial researchers, medical analytics specialists, data scientists and senior stakeholders, you will play a key role in developing the assumptions that underpin a wide range of life and health reinsurance solutions.

Job Responsibility

  • Contribute to the development of best estimate assumptions through data sourcing, experience analysis, statistical modelling and validation
  • Support the application of innovative actuarial techniques to assumption setting across Protection and Longevity portfolios
  • Provide challenge and insight to pricing assumptions and methodologies
  • Build strong working relationships with stakeholders across actuarial, pricing and product development teams
  • Contribute to actuarial research projects, internal analysis and thought leadership initiatives
  • Work closely with specialist teams including Medical Analytics and Data Science to develop market-leading insights
  • Support the development of junior colleagues and contribute to a collaborative and innovative team culture
  • Present technical findings and recommendations to a variety of audiences across the business

Requirements

  • Nearly qualified or qualified actuary (IFoA, SOA or equivalent)
  • Experience within life insurance, reinsurance or consultancy
  • Exposure to assumption development, experience analysis, pricing or actuarial modelling
  • Understanding of Protection and/or Longevity business
  • Strong analytical and problem-solving skills
  • Experience working with experience studies, trend modelling or actuarial investigations
  • Programming skills including SQL, R, Tyche or similar tools
  • Knowledge of statistical and actuarial techniques such as Generalised Linear Models (GLMs) and Survival Models
  • Strong communication and stakeholder management skills
  • Ability to work independently while managing multiple priorities and deadlines
  • Passion for innovation, continuous improvement and technical excellence

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