Actuarial Consultant

Actuarial Consultant

• Join an award-winning company - including “Which?” Insurance Brand of the Year 2024 and Gallup’s Exceptional Place to Work 2023
• Hybrid role with 80% homeworking and 20% in Stratford-upon-Avon
• Join our exceptional Reserving Team

About the role

We are seeking a talented Actuarial Consultant to join our dynamic Reserving team. In this role, you will contribute to the delivery of quarterly Reserving updates, ensuring accurate and timely insights that support key business decisions.

Working closely with stakeholders across claims, pricing, and risk teams, you will play a vital role in analysing data, providing recommendations, and ensuring compliance with regulatory and internal standards.

This position offers a unique opportunity to lead specific projects, mentor and coach junior team members, and drive the execution of business-as-usual (BAU) activities.

You will also have the chance to work on cross-functional initiatives, contributing to the improvement of processes and the delivery of innovative solutions that enhance our actuarial practices.

About you

You’ll either be a newly or part-qualified actuary with a strong background in General Insurance (GI) Reserving bringing extensive knowledge and experience.

You’ll bring a solid understanding of actuarial principles and the ability to apply them in practical scenarios. Proficiency in reserving software ResQ and tools like SQL, Excel, and Power BI are essential for success in this role.

In addition to your technical skills, you’ll possess strong stakeholder management abilities and a collaborative mindset. You are confident in mentoring and supporting junior colleagues, demonstrating leadership potential and a willingness to develop these skills further.

Your proactive approach, attention to detail, and problem-solving capabilities make you a valuable contributor to the team.

This role is ideal for someone looking to take the next step in their actuarial career, with opportunities to grow into leadership responsibilities while delivering impactful results within a supportive and innovative environment.

To join our team, you’ll also have:

• At least 3 A-levels (or equivalent) at grade B or above (including mathematics).
• An honours degree (2:1 or above) in actuarial science, mathematics, statistics, economics or another degree with significant mathematical content.
• Strong analytical skills including the ability to solve complex business problems using analytical and statistical methods.
• In-depth knowledge of current industry developments and regulatory framework.
• In-depth knowledge and understanding of actuarial techniques.
• Proven track record of demonstrating actuarial judgement based on a pragmatic assessment of business needs.

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences.

Benefits and Rewards

When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:

• Salary of up to £70k depending on experience
• 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.

Working at NFU Mutual

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 we're one of only 60 companies across the globe to receive a Gallup Exceptional Workplace 2024 award.

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.