GI Risk Actuary

Job Summary

Position: GI Risk Actuary (Senior Risk Manager)

Location:

Edinburgh, Leeds, Cardiff/Newport, Bristol (hub-based; hybrid working – at least two days per week in office)

Hours:

Full-time

Salary: £114,606 – £134,830

End Date: 28 July 2026

• Act as a key member of the GI Claims, Reserving, Exposure Management, and Pricing & Performance Committees.
• Challenge first line teams on technical provisions, reserve margins, and uncertainties to drive improvements and efficiencies.
• Provide sharp oversight and advice on pricing and performance, scrutinising models, strategies, reserving approaches, and loss trends.
• Lead deep‑dive risk reviews of the financials of the GI business and bring financial rigor to non‑financial risk reviews.
• Support and robustly challenge strategic and commercial decisions across the business cycle.
• Collaborate closely with first line teams and travel to key hubs as required.
• Shape GI and reinsurance risk appetites, ensuring regulatory and professional compliance.

• Actuary with several years of post‑qualification experience.
• Strong background in personal lines insurance, especially household lines.
• Experience in both industry and consultancy roles – a distinct advantage.
• Proven expertise in GI personal lines reserving, reinsurance, and pricing, including advanced data analytics.
• In‑depth understanding of current and emerging regulations.
• Outstanding communication and stakeholder management skills.
• Data science capabilities highly valued; GI capital modelling knowledge is a plus.
• Ability to work collaboratively and adapt when needed.

• Generous pension contribution of up to 15%
• Annual performance‑related bonus
• Share schemes including free shares
• Benefits adaptable to lifestyle, such as discounted shopping
• 30 days holiday, plus bank holidays
• Range of well‑being initiatives and generous parental leave policies
• Reasonable workplace adjustments for colleagues with disabilities and related needs
• Disability Confident Scheme – guarantee of fair interview opportunity for qualifying applicants