ALM Investments Insurance Actuary

A leading asset manager is looking to appoint a qualified actuary (circa 3-6 years' PQE) to join a specialist team working closely with UK life insurance clients on investment, balance sheet and ALM-related solutions.

This is a genuinely different opportunity for a UK life actuary who enjoys technically deep work, wants to stay close to insurance balance sheets and regulation, and is interested in applying actuarial expertise in a client‑facing, investment‑focused environment rather than a traditional insurer or consultancy role.

• Providing actuarial and balance‑sheet insight to support investment and ALM solutions for UK life insurance clients
• Contributing to analysis around Solvency UK, capital, and regulatory constraints, including the Matching Adjustment
• Supporting the development of hedging strategies across rates, inflation and related risk exposures
• Producing high‑quality technical and thematic content, including peer analysis, regulatory commentary and client materials
• Engaging directly with insurance clients and helping build the firm’s profile in the UK insurance market

• Fellow of the IFoA with UK life insurance actuarial experience
• Strong understanding of Solvency UK and insurers’ regulatory balance sheets
• Familiarity with the Matching Adjustment and its impact on investment and ALM decisions
• Clear understanding of ALM challenges facing UK life insurers (particularly annuity writers and consolidators)
• Ability to communicate complex actuarial concepts clearly to non‑actuarial stakeholders

• ALM experience or a strong balance‑sheet‑focused background
• Exposure to derivatives, hedging or investment strategy
• Understanding of IFRS 17 (helpful but not essential)

This role would suit an actuary coming from life insurance consulting, a BPA insurer, or a capital / investment‑focused actuarial team, who is keen to broaden their exposure, work closer to investment decision‑making, and build a more outward‑facing profile.

For a confidential discussion, please apply / contact:
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