Senior Actuarial Manager, Pricing

• Location: Dorking, Surrey, UK
• Job Posting End Date: December 10
• Who are we?
• We’re a specialist employee benefits provider, striving to create healthy, happy workplaces. As part of the international Unum Group, we’re on a collective mission to help the working world thrive.

The role

• What will you be doing?
• ○ Lead the setting of central pricing bases and agree product terms across Unum’s Group Income Protection, Group Life, Group Dependants and Group Critical Illness products.
• ○ Own and deliver pricing reviews, annual experience investigations, and recommendations for changes to pricing assumptions, ensuring appropriate peer and risk reviews are completed.
• ○ Monitor emerging risk trends, new money rates, expenses and cost of capital, recommending pricing adjustments where needed to keep our approach commercially robust and within risk appetite.
• ○ Play a key role in pricing governance, preparing clear reports and presenting recommendations to senior forums including the Pricing Governance Group, Strategic Revenue Price Group and other committees.
• ○ Work closely with key partners across Financial Underwriting, Distribution, Marketing and DT&T, helping to translate pricing insight into practical commercial decisions.
• ○ Consider the impact of pricing recommendations on vulnerable customers, fair value, Conduct Risk, Consumer Duty and wider Solvency II governance requirements.
• ○ Maintain strong controls across pricing processes, while proactively identifying opportunities to improve ways of working within the team.
• ○ Support pricing and risk selection strategic initiatives, helping shape the future direction of pricing capability across the business.
• ○ Provide line management, technical guidance and coaching to actuarial students and newly qualified actuaries, supporting their development and contribution to the team.
• What will you bring?
• ○ You’ll be a qualified actuary with strong post-qualification experience, ideally gained within life, health or protection insurance.

Benefits

○ Bonus

○ Pension

• ○ Life assurance
• ○ Income protection
• ○ Private medical insurance
• ○ Health and wellbeing support
• ○ Holiday allowance
• ○ Electric vehicle scheme
• Why join us?
• At Unum, we’ve created a workplace where people feel supported to progress and grow, and can see their ambitions coming to life.
• As a part of our commitment to creating an inclusive workplace, we actively encourage applications from those with disabilities and those with long-term health conditions.
• If you meet the essential criteria for the role and choose to opt in to the scheme during your application, you will be offered an interview under the Disability Confident Scheme.
• If you need assistance and/or reasonable accommodation due to a disability during the application or recruiting process, please send a request to [email protected].
• We are proud to be a Disability Confident Employer.

Company

Unum UK

Additional Locations: London