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
• Hybrid role with 80% homeworking and 20% in Stratford-upon-Avon
• Join our exceptional Reserving Team

About the role

Join our team as a Senior Actuary, where you’ll play a pivotal role in shaping our reserving strategies and delivering impactful insights to senior stakeholders.

Reporting to the Head of GI Reserving, you will lead the quarterly reserving process, ensuring the delivery of accurate and comprehensive reports to key committees such as the Reserving Committee and Audit Committee.

This position involves managing a team of actuaries and analysts, fostering a collaborative and high-performing environment while overseeing both technical and strategic initiatives.

You will be the primary point of contact for external stakeholders, including auditors and regulatory bodies, providing expertise on reserving methodologies and assumptions, ensuring compliance with regulatory requirements.

Alongside these responsibilities, you will contribute to company-wide projects, drive process improvements, and collaborate with pricing, claims, and other departments to deliver data-driven solutions.

This is a fantastic opportunity to combine technical excellence with leadership in a dynamic and influential role.

About you

You’ll be a fully qualified actuary with significant post-qualification experience in General Insurance (GI) Reserving.

Your strong technical expertise is matched by a proven ability to lead and manage teams, driving performance and fostering professional growth among your colleagues.

You have excellent stakeholder management skills, with experience engaging with both internal teams and external parties such as auditors and regulators.

Your ability to present complex actuarial concepts clearly and effectively enables you to influence decision-making at the highest levels of the organisation.

You are proactive, detail-oriented, and skilled at balancing strategic oversight with day-to-day operational demands.

A strong knowledge of reserving software ResQ and proficiency in tools such as SQL and Excel are essential.

This role is ideal for someone who thrives on leadership, innovation, and making a measurable impact on the business.

To join our team, you'll also have;

• An honours degree (2:1 or above) in actuarial science, mathematics, statistics, economics or another degree with significant mathematical content.
• Fully qualified Actuary (FIA or FFA)
• 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.
• Ability to collaborate with business and technical specialists.

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 £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.

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.