Job Type: Permanent
Location: This is a hybrid working opportunity meaning you can split your time flexibly between home and any of our office locations (London/Edinburgh/Birmingham). We are also willing to consider candidates that would prefer fully remote working. You can read more about
Flexible working: All of our roles are open to part-time, job-share and other types of flexibility. We will discuss what is important to you and balancing this with business requirements during the recruitment process.
Closing Date: 22.8. 2025
Salary and benefits: Up to £140,000 dependant upon experience, plus an indicative bonus range of 30%-60% private medical cover, 38 days annual leave, excellent pension, 12x salary life assurance, career breaks, income protection, 3x volunteering days and much more
We are currently recruiting for a Senior Financial Risk Manager to join our 2nd Line Corporate Transactions Risk Team within Group Risk to provide risk oversight to support the business with informed & effective decision making in order to deliver the company strategy. In this role you will work closely with our fast growing Pensions & Savings business, providing risk oversight of new business origination including (but not limited to) BPA and reinsurance.
The role
This is an exciting risk management opportunity in the Corporate Transactions Risk Team for an actuary to play a key role in delivering independent 2nd line risk review of material corporate transactions and strategic projects during the due diligence and pricing stages. The role involves engaging closely with the 1st line business development teams to provide independent challenge on the risks of a wide range of project proposals including: Bulk Purchase Annuity (“BPA”) transactions, Reinsurance structuring, Equity Release Mortgage origination, new product propositions, and M&A. This is an opportunity to be part of a dynamic and growth area of the business with high visibility. The role reports to the Head of Corporate Transactions Risk within the 2nd line Risk function.
What are we looking for?
Essential
Qualified life insurance actuary with specific experience of any or all of the following: pricing, risk management, BPA, reinsurance, equity release mortgages, and/or mergers & acquisitions.
We want to hire the whole version of you.
We are committed to ensuring that everyone feels accepted and welcome applicants from all backgrounds. If your experience looks different from what we’ve advertised and you believe that you can bring value to the role, we’d love to hear from you.
If you require any adjustments to the recruitment process, please let us know so we can help you to be at your best.
We’re reviewing applications as they come in, so apply early to avoid missing out.