Life Actuarial Jobs
Browse the latest Life Actuarial jobs and read our FAQs to help further your career.
Latest roles
Senior Actuarial Consultant
- Type
- Permanent
- Salary
- £75000 - £100000 per annum
- Location
Are you looking to join a close-knit, collaborative actuarial team and work in a consulting environment, with daily exposure to C-suite...
Consulting Actuary
- Type
- Permanent
- Salary
- £70,000- £100,000
- Location
I am working with a client who is going through a significant period of growth and are seeking to recruit a Consulting Actuary to join...
Pensions Actuary - Bristol
- Type
- Permanent
- Salary
- Negotiable
- Location
We are working with a highly reputable and sought after client who are looking to grow their UK offering. My client is seeking to recruit...
Pricing Actuary
- Type
- Permanent
- Salary
- £75000 - £85000 per annum
- Location
Pricing ActuaryLocation: LondonWe are seeking a qualified or nearly qualified Pricing Actuary with experience in automated and digital...
Actuarial Consultant
- Type
- Permanent
- Salary
- £65000 - £95000 per annum
- Location
Are you looking to join a collaborative and knowledgeable actuarial team? Do you want exposure to C-suite leaders across a variety of...
Actuarial Analyst
- Type
- Permanent
- Salary
- £35000 - £55000 per annum
- Location
My client is going through a significant period of growth and seeking to recruit an Actuarial Analyst to join their dynamic team.The...
Senior Consulting Actuary
- Type
- Permanent
- Salary
- £70000 - £100000 per annum
- Location
I am working with a client who is going through a significant period of growth and are seeking to recruit a Senior Consulting Actuary to...
Pensions Actuary - London
- Type
- Permanent
- Salary
- £70000 - £95000 per annum
- Location
We are working with a prestigious consultancy who are going through a significant period of growth. They are seeking to recruit a Pensions...
Data Quality Analyst
- Type
- Permanent
- Salary
- £65000 - £70000 per annum
- Location
Join a Leading Insurance Firm as a Data Quality Analyst! This is your opportunity to drive change by leading the improvement and...
Life Actuary Jobs FAQs
What does an actuary do?
An actuary is a professional who utilises mathematics, statistics and financial theory to analyse and manage risks and uncertainties. They typically work in the insurance industry, where their responsibilities include calculating insurance premiums evaluating the impact of risks and developing models and projections.
What are actuarial positions?
Actuarial positions are roles within the insurance industry or other financial institutions where individuals apply their expertise in science to analyse and manage risks. These positions may involve job titles such as pricing actuary, senior actuarial analyst, actuarial consultant or life actuary.
Can you explain what a life actuary does?
A life actuary specialises in working with life insurance policies and related financial products. They are responsible for assessing the risks associated with life insurance coverage determining premium rates and analysing mortality and morbidity data to make accurate projections. Actuaries specialising in life insurance generally work within three aim areas: pricing, reserving, and capital modelling.
What is a model in actuarial terms?
In the realm of actuaries, a model refers to a statistical representation of a situation or system. Actuaries employ models to simulate and analyse risks and uncertainties such as insurance claims, investment returns, mortality rates and market conditions.
What does insurance consulting entail?
Insurance consulting involves providing expert guidance and support to insurance companies and other organisations within the insurance industry. Consultants play a role, in areas like risk assessment, pricing strategies, product development, regulatory compliance and overall business optimization.
What is a non-life insurance job?
A non-life insurance career works within actuarial and contributes to the insurance policies that cover risks other than those related to life; this includes home, liabilities, cars, travel related risks and more.
What responsibilities does an insurance actuary have?
An insurance actuary plays a role in analysing and managing the risks linked to various insurance policies. They calculate premium rates based on risk assessments, model potential risks and comprehensively evaluate reserves required for policy coverage purposes. Additionally, they assess the sustainability and profitability of types of insurances products.
What are the qualifications for a life actuary job?
Typically, qualifications for a life actuary role involve obtaining a maths-based degree at 2:1 or above. Following a degree, aspiring actuaries will need to secure a graduate actuary role, where they can begin taking their actuarial exams. These exams assess an individual’s understanding and expertise in areas such as probability, statistics, financial mathematics and actuarial modelling. Alternatively, aspiring actuaries could look to:
- Secure a position as a Trainee Actuarial Analyst
- Study for the Certified Actuarial Analyst (CAA) exams
- Quality as an Actuarial Analyst
- Join the IFoA as an Analyst member