Senior Actuary

Senior Actuary

• Join an award-winning company - including “Which?” Insurance Brand of the Year 2024 and Gallup’s Exceptional Place to Work 2023
• Thrive in a supportive and collaborative environment, where your opinion and contributions are valued, and your accomplishments are celebrated
• Hybrid role with 80% homeworking and 20% in Stratford-upon-Avon

About the role

This is an excellent opportunity for a Senior General Insurance Actuary to join NFU Mutual and lead the delivery of major actuarial workstreams. The role is key in building NFU Mutual’s expertise to support the development and maintenance of industry best practices in actuarial work while ensuring compliance with existing and emerging statutory regulations.

As a Senior Actuary within the Actuarial Function team in the Risk Division, you will lead risk-led assurance reviews to ensure critical business calculations (e.g. pricing, reserving, capital modelling) are accurate. Your expertise will be crucial in providing independent expert reviews, identifying opportunities for improvement, and supporting senior management decision-making.

You will engage with professional and industry bodies to keep NFU Mutual abreast of industry best practices and regulatory hot topics. Acting as Chief Actuary’s delegate, you will be the technical conduit for third-party suppliers of advice and technical software solutions for actuarial modelling.

Providing assurance over actuarial work and wider risk topics in line with company strategy is another important responsibility. You will also lead, manage, motivate, and develop junior actuarial staff, ensuring they understand expectations and maximize their contribution to business objectives.

This role is based in our Tiddington Head Office, just outside Stratford-Upon-Avon. We understand how important a positive work-life balance is, so we offer great facilities when you want to be in an office environment and support to work up to 80% of your hours from home.

About you

We are seeking a fully qualified Actuary with significant experience within the general insurance sector, including strong technical knowledge of actuarial techniques for general insurance pricing, reserving, or capital modelling. With an analytical mindset and a proactive attitude, you will have the ability to design and conduct assurance reviews and write impactful reports to senior stakeholders.

You will be able to solve complex business problems through effectively applying advanced analytical and statistical methods. You have a proven ability to think strategically and translate strategy into operational delivery. Additionally, you will be able to evidence the following:

• The ability to forge and maintain effective stakeholder relationships at all levels
• Excellent communication skills, allowing you to present complex information effectively to non-technical audiences
• A proven track record of leading, developing, and coaching junior team members.

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 up to £90,000 depending on experience
• Annual bonus (up to 25% of salary)
• Contributory pension scheme, up to 20%, including your 8% contribution
• 28 days annual leave + bank holidays + buy/sell/save holiday trading scheme
• A Family Friendly policy that helps you balance your work and family responsibilities
• Private medical insurance + options to add family members
• 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
• 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 globally 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 recognize and reward their contribution.