View 37 Actuarial job vacancies in locations throughout the UK and Europe. See job descriptions and salary details for job vacancies with leading employers, from large international corporations to small and medium sized local businesses.

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Job description

The role of an Actuary is to use complex statistical and mathematical models to provide companies and government departments data which will assist them in planning for their financial futures. For example, an Actuary will use life expectancy data to give advice to pension schemes as to how policies should be designed and what level of contributions a policy holder must pay in order to achieve a desired level of income in the future.

Actuaries are mostly associated with insurance and pension companies but they are being increasingly employed by other institutions such as investment banks and health providers for a wide variety of methods of financial planning.

Duties include:

• Applying mathematics and statistical models to determine risk.
• Advising on the structure of pension schemes.
• Long term financial forecasting.
• Advising on pricing and capital modelling.
• Assessing risk appetite.
• Asset and liability management.
• Analysing economic data.

Qualifications

Most employers will require education to a degree level, preferably in mathematics. Professional qualifications are offered by the Faculty and Institute of Actuaries and are in two stages - Associate and Fellowship. Associate level is gained after passing core exams and completing one year's work experience within a recognised firm. Fellowship level is achieved after 3 years' experience and passing specialist exams.

Salary Snapshot

Recent salaries for roles advertised at time of writing (Nov 2009) include:

• £70,000 plus benefits for a Qualified Actuary working for an insurance company in the West End, London.
• £45-55,000 for a Pricing Actuary working for a pension company in Manchester.
• £80,000 for a Scheme Actuary working for an insurance broker in Berkshire.
• £35,000 for an Actuarial Assistant working for a large insurance firm in Docklands, London.

Are you an Actuary? Would you like to contribute to our "Day in the Life of..." series? Email us at info@topfinancialjobs.co.uk for more details.

37 job vacancies found.
Displaying results 1 to 10.