Actuary (Protection)

LV= Life & Pensions-Bournemouth, United Kingdom

About The Role:
We have a unique opportunity for a professional individual to join our established team as a Protection Pricing Actuary.

Within this role, you’ll provide your technical expertise and Protection Pricing knowledge, demonstrate a strong ability to clearly communicate technical terms to a range of stakeholders, and contribute to the team’s delivery of work against agreed timeframes and quality standards.

  • As a leading UK life and pensions mutual insurer with a proud history dating back to 1843, we exist to help people live financially confident lives - protecting their income while they work and maximising it when they stop. Today, over one million members and customers trust us to look after their futures, families and finances._
  • Joining us means becoming part of a team that puts our members, customers and advisers at the heart of everything we do._
  • We’re committed to creating an inclusive culture where colleagues can thrive. We are proud to have built a workplace where our colleagues feel welcomed, respected, supported and valued - reflected in our recognition as one of the Financial Times UK’s Best Employers in 2025 and 2026._
  • We celebrate individuality and believe our differences make us stronger, so bring your true self and help shape the future of LV=._
  • _Key Responsibilities
  • Consistently delivering complex work in an accurate and timely manner, with the ability to efficiently manage your workload.
  • Clearly communicating complex terminology through presentations, documents and reports to a range of stakeholders and senior decision makers when required.
  • Promoting good risk management practices, ensuring that all applicable company procedures are followed, and demonstrating commercial expertise.
  • Monitoring and maintaining your awareness of regulatory and market developments, and assessing potential impacts of these on the Protection Pricing area.
  • Carrying out data analysis and communicating findings within the team where appropriate.
  • Providing training, guidance and coaching to more junior staff where appropriate (you may become a line manager to a member of the team over time).
  • Building effective working relationships within the team and throughout the Protection business, plus other departments such as Finance.
  • Proactively working to resolve complex pricing issues as they arise.
  • Working on Protection-based pricing projects, both in collaboration with colleagues and independently.

About You

  • Be a qualified Actuary, with robust experience in Pricing and demonstrable experience in a similar role.
  • Have sufficient awareness of limitations to processes and the company.
  • Understand when to escalate issues that require further support to resolve.
  • Possess strong analytical skills, with the ability to effectively utilise tools such as Excel, R, Prophet, and Power BI.
  • Demonstrate strong IT skills, including strong working knowledge of Microsoft Office programmes such as Outlook, Word and PowerPoint.
  • Be a fantastic communicator, with engaging presentation skills - the ability to communicate complex, technical information to senior management and internal committees will be essential.
  • Be a self-motivated individual, able to effectively manage your own workload.
  • Support on and seek out opportunities for continuous improvement activity.
  • Be a collaborative individual, with a team player mindset.
  • Possess people management skills, with experience of carrying out line manager duties for a small team (desirable but not essential).
  • Showcase a strong technical background, with hands-on experience in the UK financial services market and economic environment (gained while studying or when qualified as a Fellow).
  • Have gained appropriate professional qualifications such as Fellow of the Institute and Faculty of Actuaries.

Rewards & Benefits

**This role is a Band C in the LV= Structure.- At LV= Life and Pensions, you’ll go above and beyond to do the right thing for our customers.- We’ll reward your hard work with an attractive, competitive salary and benefits package, which includes:

  • 30 days' holiday
  • The opportunity to buy or sell up to two days of holiday
  • An annual bonus scheme based on company and personal performance
  • Flexible benefits, including a cycle to work scheme, personal accident insurance, critical illness cover, private medical insurance, and dental insurance
  • Group Life Assurance of four times your basic pay to your dependents (you’ll have the option to increase this to 8 x cover)
  • Group Income Protection, if you enroll into the pension scheme and reach 5 years of service
  • Employee Assistance Programme (EAP) service for support when you need it.
  • Virtual GP service
  • Shared parental leave
  • Up to 20% discount on our life products for you and your immediate familyAbout Us: