Senior Actuarial Analyst

• Senior role with good mix of BAU and ad hoc development work
• Monitor the profitability of our life and pensions business to deliver sustainable profitable growth for the company and to be a great company to do business with
• Hybrid working – up to 80% homeworking options available

We have an exciting opportunity for a part-qualified Senior Actuarial Analyst to join the Commercial Actuarial team at NFU Mutual, where you’ll use your actuarial skills to turn analytical insights into value-adding BAU and ad hoc activity.

You’ll be part of a supportive team that’s responsible for ensuring the life and pensions business we sell helps the company achieve sustainable, profitable growth and ensuring the charges are right for our customers so that we are a great company to do business with.

You’ll use your actuarial skills and Prophet knowledge to analyse the business sold and ensure that it meets our profitability requirements. You’ll liaise with colleagues across the business to understand what changes could impact our profitability and you’ll keep up to date with developments across the industry to stay ahead of upcoming challenges. You’ll use financial knowledge and skills to analyse complex data problems and provide detailed knowledge and insight to teams across the business, including by producing value-adding MI to senior management. You’ll use your actuarial judgement to determine the assumptions that will underlie our business planning process.

This role is based in our Tiddington Head Office, just outside Stratford-upon-Avon. We understand how important a positive work-life balance is to you, so we offer great facilities when you want to be in an office environment, and support to work some of your hours from home.

About you

You’re an actuarial professional with experience in financial services and a sound understanding of the life and pensions industry. A friendly team player, you readily face challenges head-on and show resilience in a fast-paced environment. To join our team, you must also have:

• Experience as an Actuary or Actuarial Consultant in the life and pensions sector.
• Experience and understanding of actuarial techniques and ability to demonstrate judgement.
• A recognised full or part actuarial qualification, such as Actuarial Fellowship or Certified Actuarial Analyst.
• An honours degree in actuarial science, mathematics, statistics, economics or a degree with significant mathematical or science content (preferable).

Benefits and Rewards

• Salary up to £55,000
• Annual bonus (up to 17.5% of salary)
• Contributory pension scheme, up to 20%, including your 8% contribution
• 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme
• A Family Friendly policy that helps you balance your work and family responsibilities
• Access to savings at High Street brands, travel and supermarkets
• £20 contribution to a monthly gym membership – subject to T&Cs
• Health and wellbeing plan - cashback for dentist, opticians, physio and more
• Access to voluntary benefits, including health assessments, private medical insurance and dental insurance
• Employee Volunteering - volunteer in the community for one day each year
• Unlimited access to Refer a Friend £500 bonus scheme
• Life Assurance cover of 4 x salary
• Employee discounts of 15% on a range of NFU Mutual insurance policies.

We’re one of the UK’s leading general insurance and financial services companies. For over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us. We pride ourselves on being “a great place to work” and are one of only 39 companies across the globe, and the only organisation with headquarters in the UK, to receive a Gallup Exceptional Workplace 2023 award. We were also named in the LinkedIn Top 25 Companies List 2021 and the Glassdoor Best 50 Workplaces List 2023. 

We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.