Actuary - Financial & Insurance Risk (Hybrid, Glasgow)

Scottish Friendly; Glasgow; Hybrid; GBP 40,000 - GBP 50,000; Full time

Job summary

A leading mutual life insurance organization in Glasgow is seeking a nearly or newly qualified actuary to join their risk and actuarial oversight team. This role offers exposure to senior stakeholders and the chance to work on various risk management tasks. The ideal candidate will have experience in pensions, life insurance, or savings, along with a strong attention to detail and financial modelling skills. The position offers a hybrid working model and a comprehensive benefits package including 25 days annual leave.

Benefits

Recognition awards

Refer-a-friend scheme

25 days annual leave

10% employer pension contribution

24/7 GP access

Private healthcare

Qualifications

• Experience in pensions, life insurance, or savings sector.
• Knowledge of actuarial topics.
• Ability to test and document financial models.

Responsibilities

• Deliver the Pillar 2 methodology, models, and ORSA results.
• Prepare annual ICARA reporting for SFAM.
• Prepare quarterly risk reports for committees.
• Provide risk assurance around key projects.
• Manage the emerging risk identification process.
• Support risk management framework maintenance.
• Build relationships with stakeholders across the business.
• Provide risk oversight in key committees.
• Present reports to internal stakeholders.

Skills

Strong attention to detail

Risk-based mindset

Financial modelling experience

Education

Nearly or newly qualified actuary

Job description

A leading mutual life insurance organization in Glasgow is seeking a nearly or newly qualified actuary to join their risk and actuarial oversight team. This role offers exposure to senior stakeholders and the chance to work on various risk management tasks. The ideal candidate will have experience in pensions, life insurance, or savings, along with a strong attention to detail and financial modelling skills. The position offers a hybrid working model and a comprehensive benefits package including 25 days annual leave.