Senior Actuarial Analyst - Individual Annuity Pricing

Job Type: Permanent

Location:

This role will be based in our London office with some flexibility to work between the office (ideally 2 days per week) and home. We will discuss what is important to you and balancing this with business requirements during the recruitment process. You can read more about flexible working here.

Salary and benefits: c.60,000+ (subject to experience), plus competitive bonus, private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more.

If you’re a part-qualified actuary with pricing experience and a strong commercial mindset, we’d love to hear from you. Join us and use your expertise to help shape how we price, compete and grow across our Individual Annuity business.

Who are we?

We’re Standard Life, a retirement specialist focused entirely on retirement savings and income. We champion the belief that everyone’s journey to and through retirement can be better, and for more than 200 years, we’ve been helping our customers plan and prepare for their financial futures.

Life today is increasingly complicated, uncertain and unpredictable. People move through different careers, face unexpected moments and navigate important choices. We offer our colleagues flexibility, trust and benefits that work for whatever life brings. In return we expect curiosity, connection, accountability and high standards. We make room for what matters - so you can bring your best, every day.

The Opportunity If you’re a part-qualified actuary looking to build your career in pricing, this is an opportunity to work at the heart of Standard Life’s Individual Annuity business, using your actuarial expertise and commercial judgement to influence pricing decisions, customer outcomes and our position in the market.

Joining our Individual Annuity Pricing team, you’ll gain hands-on exposure across our Lifetime and Fixed-Term Annuity products, combining market insight, customer behaviour and actuarial analysis to help shape how we compete and grow.

It’s a role with plenty of breadth and opportunity to make an impact. You’ll analyse how our products are performing, understand what’s happening across the market and turn complex data into meaningful commercial insight. You’ll also contribute to the development of our pricing approach, assumptions, tools and products, building both your technical expertise and broader commercial understanding as your career develops.

Key Responsibilities You'll play an important role in helping us understand performance, respond to the market and make well-informed pricing decisions. Here are some of the key responsibilities you’ll undertake:
Analyse pricing competitiveness and market insight, identifying opportunities to balance customer value, competitiveness and profitability

Produce pricing MI and turn data into clear commercial insight and recommendations

Implement pricing changes within production environments, ensuring accuracy and appropriate controls

Support the development and review of pricing bases and assumptions

Contribute to the ongoing development and enhancement of our Lifetime and Fixed-Term Annuity products

Undertake pricing calculations and analyse proposition, market and business data to support decision-making

Make recommendations to senior colleagues based on your analysis and emerging market insight

Identify and implement opportunities to improve our tools, processes and overall pricing capability

Collaborate with colleagues across the business, developing your understanding of how pricing decisions support our wider commercial ambitions

What are we looking for?

We’re looking for someone with strong actuarial foundations, commercial curiosity and the appetite to…