Senior Risk Actuary

Role overview

This opportunity is suited to a qualified actuary with substantial life insurance experience who is ready to move into a second-line risk position with significant business influence. The role is ideal for someone currently working in pricing, product development, financial reporting, or risk who wants to help shape risk strategy, test assumptions, and strengthen how risk is overseen across the organisation.

Key responsibilities

• Carry out independent reviews and provide constructive challenge across life insurance activities so that risks are properly identified, managed, and kept within the company’s risk appetite.
• Take the lead on, and contribute to, detailed reviews covering pricing, product governance, insurance risk, and reinsurance structures.
• Support major Risk Function outputs such as ORSA, risk reporting, and risk opinion papers.
• Take ownership of important governance frameworks, including the Deal Governance Framework, on behalf of the CRO.
• Work closely with senior colleagues in pricing, claims, finance, and risk to improve decisions and strengthen oversight of risk.

Skills and experience

• Qualified actuary with strong hands-on experience in life insurance, such as pricing, product development, financial reporting, or risk management.
• Good understanding of insurance risk and governance, with the confidence to question assumptions and influence outcomes.
• Strong relationship and stakeholder management ability, including experience engaging with senior leaders.
• Commercial judgement paired with solid actuarial and technical capability.
• Exposure to reinsurance, Solvency II, or IFRS would be helpful, though it is not essential.

Regulatory and screening requirements

This is a regulated position and will involve enhanced pre-employment screening. The successful candidate must also continue to meet fit and proper standards throughout employment.

Compensation and benefits

The expected salary range for this role is €110,000 to €125,000, with the final offer based on the candidate’s experience, skills, and qualifications.

• Market-competitive salary aligned to qualifications, skills, and experience.
• Potential additional car allowance of €9,000 per year for this grade.
• Pension contribution matching of up to 14% when you contribute 8%.
• Annual bonus linked to performance, along with salary review.
• 29 days of annual leave plus bank holidays, with the option to buy or sell up to 5 extra days.
• Health and dental insurance support.
• Share and profit-related schemes, including a matching share plan, Save As You Earn, and an approved profit share scheme.
• TaxSaver Travel Scheme.
• Discounts of up to 40% on selected products, plus savings for friends and family.
• Support for professional qualifications and clear career progression planning.
• Inclusive leave policies, including parental and carer’s leave.
• Flexible benefits, including sustainability options such as cycle-to-work.
• Paid volunteering days and access to community initiatives.
• Wellbeing support and tools.

Working style and inclusion

The organisation promotes a flexible approach to location, hours, and working patterns. Most employees work in a smart-working model and spend at least 50% of their time in the office each week, balancing flexibility with time spent collaborating in person. The company also states a strong commitment to diversity, inclusion, and equal opportunity for people of all backgrounds and identities.

Application note

Applications are preferred online. If an alternative method is needed, candidates may request one through the company’s HR contact provided in the original posting.