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170,000+ live jobsWith Profits Bonus Actuary
Hybrid in West Midlands·Full-time·Added today (last checked 13 Nov)
Our summary
- Work mode
- Hybrid, West Midlands
- Contract
- Full-time
- Holiday
- 28 days holiday
Skills
Nice to have
Requirements
What we're looking for
- Newly or nearly qualified member of the Institute and Faculty of Actuaries.
- Good interpersonal and communication skills, including ability to summarise and contextualise information for senior stakeholders.
- Good problem solving and data analysis skills.
- Ability to work effectively as part of a team.
- Ability to coach, supervise and train junior members of the team.
- Good drafting skills, including ability to write reports for senior stakeholders.
- Good time management skills, including the ability to project manage small projects within teams.
- Excellent attention to detail.
- Ability to work on own initiative.
- Good knowledge of Excel, Word and databases.
- An organised and flexible approach to work.
Nice to have
- Knowledge of actuarial projection software such as Prophet, MoSes or MG Alfa.
- Experience of working in insurance, preferably life insurance (desirable).
Pay & benefits
What you'll get
Benefits That Work for You
We believe rewards should reflect the life you live. Here's what you can expect:
- Annual bonus to recognise your contribution.
- 28 days holiday (plus a culture day!) - rising to 30 days with service.
- Flexible hybrid working for better work-life balance.
- Company pension scheme - matched plus 2% (up to 10%).
- Free secure underground Birmingham city centre parking (subject to availability, weekend use included).
- Salary sacrifice schemes that help you provide the things that matter - to include PMI, Electric Vehicle Leasing and cashback on everyday essentials.
- Enhanced family leave and two volunteering days to give back to causes you care about.
Visa & relocation
- Right to Work: We're unable to provide VISA sponsorship, so you'll need the legal right to live and work in the UK.
The role
Shape Brighter Futures with Wesleyan
Established in 1841, Wesleyan help trusted professionals-GPs, hospital doctors, dentists, and teachers-secure their financial future. Today, we're proud to continue that mission with passion and purpose. If you're looking for a role where your expertise makes a real impact, and you want to work in a culture that values collaboration, innovation, and integrity, we'd love to hear from you.
Find out more about who we are: About Wesleyan
Make a Difference in TCF & Bonus
As a With Profits Bonus Actuary within our TCF & Bonus team, you will be an experienced actuarial professional with a combination of technical and business skills. You will help lead the actuarial function, supporting Senior Leaders and Department Leaders in delivering actuarial work and shaping new directions and ideas.
Your Impact
What you'll do
- Calculate and consider methodology for unit prices for UWP business, including review of policies and undertaking procedures relating to smoothing and MVRs.
- Drive asset share investigations and recommend appropriate payouts for conventional with-profits products in line with the PPFM and regulatory requirements.
- Drive actuarial support for Consumer Duty initiatives, ensuring good customer outcomes.
- Support and develop members of the TCF & Bonus team and wider depart to deliver, provide insights and mentor individuals for success.
- Analyse industry trends and support the wider team to put forward recommendations of improved approaches for managing with-profits business.
- Support the management of operational risk for the TCF & Bonus team by maintaining appropriate controls and detailed documentation of processes.
- Assist in coordination of the completion of PPFM Compliance logs and the associated reports to policyholders.
Hiring process
- Advert Closing: We typically advertise for four weeks but may close early if we receive a high volume of applications-apply early to avoid disappointment.
Ready to Shape Your Future?
Apply today and join us in creating brighter financial futures-for our customers, our members, and you.
About Wesleyan
- Industry
- Business, professional and financial services
In their own words
About the company & team
With Profits Bonus Actuary
Salary: Competitive
Contract Type: 9 Month Fixed Term Contract - 35 hours a week
Location: Hybrid working (office based in Birmingham) - typically 2 days in the office per week
Closing Date: Friday 11th December 2026
Why Wesleyan?
We're building a culture where everyone belongs. Diversity isn't just a policy-it's part of who we are. Whatever your background, we want you to feel valued and empowered to thrive. We're proud supporters of the ABI Making Flexible Work campaign, which means we're open to discussing flexible working, job shares, and part-time options.
If you need reasonable adjustments during the recruitment process, just let us know-we're here to support you.
Additional information
Discover the full range of benefits: Wesleyan Careers Rewards
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