Senior Actuary – 12 month fixed term contract

Pension Insurance Corporation plc

. Work closely with the Origination team to support successful pricing and onboarding of new business .

Posted 11/3/2026full-timeLondon • United KingdomSeniorWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in pricing and onboarding within the financial services sector, with a strong understanding of regulatory frameworks and life insurance balance sheets. Capable of effective communication and collaboration across multidisciplinary teams to drive improvements in pricing and compliance.

Highest-signal resume keywords

Qualified ActuaryActuarial ModellingUK Life Insurance Balance SheetsFCA and PRA Regulatory FrameworksMatching Adjustment Knowledge

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Actuarial ModellingAnalytical SkillsPricing AnalysisBalance Sheet AssessmentDeal StructuringRegulatory ComplianceNumerical CapabilityCommercial JudgementRisk AssessmentSolvency II

Soft Skills

Relationship-BuildingCommunication SkillsInfluencing SkillsOrganisational SkillsDelivery-Focused

Certifications & Qualifications

Institute and Faculty of Actuaries (IFoA)

Industry Keywords

Financial ServicesLife InsurancePensionsBulk Purchase Annuity (BPA)UK DB PensionsMatching AdjustmentRegulatory RequirementsNew Business EnvironmentCommercial FocusFCA

About the role

Key responsibilities & impact

Work closely with the Origination team to support successful pricing and onboarding of new business
Help ensure pricing is competitive, aligned with the business plan, appropriate for the balance sheet, and reflective of underlying risks
Support end-to-end onboarding of new transactions
Ensure balance sheet impacts, unusual deal features, and downstream implications are understood and communicated effectively
Ensure liabilities and reinsurance within the Matching Adjustment portfolio meet eligibility requirements
Assess Matching Adjustment eligibility for new BPA and reinsurance transactions
Support appropriate deal structuring to ensure compliance
Review and challenge new business pricing
Assess and communicate the balance sheet impact of prospective transactions
Partner with Origination, Actuarial, Risk, Legal, and Operations teams
Drive improvements to pricing, business partnering, and Matching Adjustment processes

Requirements

What you’ll need

Ideally, experience working within a regulated financial services environment
Understanding of FCA and PRA regulatory frameworks
Qualified Actuary with the Institute and Faculty of Actuaries (IFoA), or an equivalent professional qualification
Strong technical understanding of UK life insurance balance sheets, including Solvency II and IFRS 17
Established actuarial modelling and analytical skills
Good knowledge of the UK DB pensions and Bulk Purchase Annuity (BPA) market
Knowledge of the Matching Adjustment and relevant regulatory requirements
Experience within life insurance or pensions, ideally gained in a commercially focused, pricing or new business environment
Strong relationship-building skills and experience working collaboratively across multidisciplinary teams
Strong communication and influencing skills
Excellent numerical and analytical capability
Strong commercial judgement, balancing commercial opportunities with risk and regulatory considerations
Highly organised and delivery-focused, with the ability to prioritise effectively and meet deadlines in a fast-paced environment

Benefits

Comp & perks

Competitive base salary
Opportunity to participate in an annual, performance-related bonus plan
Private medical insurance
28 days' annual leave (excluding bank holidays)
Generous pension scheme
Travel insurance
Private Medical insurance
Critical Illness insurance
Life Assurance
Income Protection insurance
Much more