Department: ActuarialReports to: Head of Commercial Finance About The Exeter We’re a multi-award-winning insurer specialising in health insurance, income protection, and life insurance. As “Experts in the Unexpected” we use our collective expertise to support our members against the impact of ill health and injury. We’re an ambitious, inclusive and friendly organisation that values integrity, collaboration and continuous improvement. Our status as a mutual insurer means people sit at the heart of everything that we do. We’ll support your development, help you grow your career, and give you the space to thrive as part of our Actuarial team. The role As our Protection Pricing Actuary, you’ll take the lead on pricing our protection products and support the development of propositions that are profitable, competitive and aligned to customer needs. You’ll use your actuarial expertise to analyse protection experience, interpret trends and provide clear, actionable insight that supports decision-making across the business. Alongside this, you’ll work collaboratively with a range of teams to ensure product design, pricing, underwriting and claims approaches are aligned and deliver sustainable value. This is a varied and visible role, with the opportunity to contribute to business planning, support strategic opportunities, and influence how we continue to evolve our protection offering. What you’ll be doing Leading protection pricing activity to maximise the value of new business within agreed parameters Shaping and developing innovative product propositions Analysing protection experience and turning it into clear, actionable insights Reviewing and enhancing product designs to improve commercial outcomes Collaborating with underwriting and claims teams on pricing-aligned strategies Supporting the development of reinsurance strategies alongside our insurer partners Advising on business quality metrics and performance measures Working with IT and other teams to develop, test and implement systems and product changes Contributing to business planning and strategic decision-making Presenting insights and recommendations to senior leadership and Board-level forums Supporting analysis of mergers, acquisitions, and partnerships Peer reviewing work across the actuarial team Identifying and managing risks in line with our risk framework What we’re looking for Essential Qualified actuary Experience in pricing or product development Strong technical actuarial capability Ability to apply judgement in both actuarial and business contexts Strong written and verbal communication skills Excellent organisation and prioritisation skills Right to work in the UK Desirable Experience in a protection environment Prophet experience About you You’re a qualified actuary with the confidence to balance technical depth with commercial thinking. You bring a pragmatic, delivery-focused mindset and are comfortable working with senior stakeholders to influence decisions and move things forward. You take ownership of delivering fair customer outcomes and working in line with regulatory expectations, including Customer Duty and FCA Conduct Rules. In return, you’ll have real influence, a broad remit, and the opportunity to make a meaningful impact within a supportive and collaborative team. What we offer Competitive salary Flexible working options Comprehensive health Cover Income protection Cover Generous Pension scheme 27 days holiday allowance Holiday trading Your birthday day off Two paid volunteering days per annum Life insurance (four times salary) Free health assessment Professional development opportunities Employee Assistance Programme Supportive and inclusive work environment Ready to make an impact? ?? Apply today and help shape the future of protection at The Exeter. Additional information This advert outlines the main responsibilities of the role but is not intended to be an exhaustive list. You may be required to carry out other duties that are reasonably requested in line with the operational requirements of the business. The successful candidate will be expected to adhere to the Financial Conduct Authority Individual Conduct Rules and comply with The Exeter’s Expectations at all times.