Lead Product Pricing Actuary

Overview

The Group Finance actuarial function comprises a range of professionals from newly qualified analysts to experienced actuaries, delivering all actuarial services across the Group. Key areas include product pricing, valuation, capital management, modelling, and financial reporting, with a collaborative, flexible approach to working across the team.

Within this, the Lead Product Pricing Actuary plays a key role in shaping product design and pricing strategy, leading the Product Pricing team to support strategy and provide actuarial oversight, shaping product design and delivering data-driven insights that support sustainable growth, profitability, and positive customer outcomes.

Here’s how you’ll make a difference:

• Lead product pricing strategy and actuarial oversight, shaping product design and delivering data-driven insights that support sustainable growth, profitability, and positive customer outcomes
• Provide expert actuarial and commercial advice on new and existing products, ensuring pricing decisions balance regulatory requirements, TCF principles, and business objectives
• Drive high-quality delivery across the Product Pricing team, maintaining robust controls, governance frameworks, and accurate, timely outputs
• Influence key stakeholders across the business (including CPCO and senior committees), supporting strategic decision-making through clear, evidence-based recommendations
• Oversee actuarial assumptions, modelling, and management information, ensuring insights into capital, risk, and performance inform long-term business strategy
• Lead, coach, and develop actuarial talent, fostering a collaborative, high-performing team that contributes to wider actuarial and cross-functional initiatives

• Fully qualified member of the Institute and Faculty of Actuaries
• Experience leading actuarial work and leading employees
• Strong technical pricing expertise across protection, pension or investment products
• Comfortable operating in a regulated financial services environment, including a good understanding of UK product regulations
• Experience of working in a UK Life Office environment
• Detailed experience of working with an actuarial modelling system – e.g. Prophet