Job Description

Contract type: Permanent

Location: Alderley Park

Working style: Hybrid 50% home/office based

To help us manage applications effectively, we reserve the right to close this vacancy early once we have received a high number of applications or identified enough suitable candidates for the next stage of the process. We encourgage you to apply as early as you can.

We are looking for a talented Actuary to support our Longevity Assumptions Development, working within Royal London’s Longevity Team.

About the Role

As an Actuary in Longevity, you will support:

• the development of our methodologies for mortality improvement, postcode rating and other components of the assumptions
• the calibration of the demographic assumptions for the pricing and valuation of individual and bulk annuities
• expansion of our assumption sophistication to support proposition development
• development the longevity risk models to ensure our assessment of risk and capital requirements remains appropriate
• compliance with regulatory requirements, governance frameworks and internal actuarial standards

About You

• A Newly or Nearly Qualified Actuary (IFoA or equivalent) with experience in longevity, BPA, pensions, or life insurance
• Experienced in longevity modelling, actuarial analysis or mortality experience investigations
• Highly analytical with strong problem‑solving and data interpretation skills
• Confident communicating actuarial concepts to non‑technical stakeholders
• Able to manage complex actuarial projects in a collaborative, hybrid working environment
• Motivated by working in financial services, insurance, pensions and reinsurance, with a desire to make a positive impact

If you feel you’d be a great fit but don’t meet every requirement, we’d still love to hear from you. If you meet most criteria and are keen to learn, we encourage you to apply.

About Royal London

We’re the UK’s largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.

Our People Promise is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values: Empowered, Trustworthy, Collaborate and Achieve. We offer a competitive benefits package including 28 days’ annual leave plus bank holidays, up to 14% employer pension matching and private medical insurance.

Inclusion, diversity and belonging

We’re an inclusive employer and value different backgrounds and cultures across Royal London. Our diverse people and perspectives bring a range of skills which are recognised and respected.