BPA Senior Pricing Actuary

2 weeks ago

Wilmslow, Cheshire East, United Kingdom Royal London Full time £60,000 - £120,000 per year

Job Title: BPA Senior Pricing Actuary
Contract Type: Permanent
Location: Alderley Park, London or Edinburgh
Working style: Hybrid 50% home/office based
Closing date: 22nd October 2025
The bulkannuity business is an exciting key area of growth for Royal London, and we currently have an opportunity for a Senior Pricing Actuary to join the BPA pricing team.

Working closely with the BPA pricing leads and actuarial trainees, you will be responsible for ensuring bulk annuity transactions are priced appropriately.

The ideal candidate will have experience of pensions or the bulk annuity market, either from a consultant or insurer perspective or beyond. The role will suit a candidate with a strong technical base who would relish the opportunity to develop within a developing bulk annuity provider.

About The Role

  • Develop and implement pricing strategies for BPA products.
  • Analyse and interpret data to support pricing decisions.
  • Collaborate with cross-functional teams to ensure alignment with business objectives.
  • Monitor market trends and adjust pricing models accordingly.
  • Provide technical expertise and guidance to junior team members.
  • Ensure compliance with regulatory requirements.
  • Contribute to the continuous improvement of pricing processes.

About You

  • Qualified actuary with relevant experience in BPA pricing.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal abilities.
  • Proficiency in actuarial software and tools.
  • Ability to work independently and as part of a team.
  • Detail-oriented with a focus on accuracy.
  • Knowledge of regulatory frameworks and industry standard

About Royal London
We're the UK's largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance. You can see all our benefits here - Our Benefits

Inclusion, diversity and belonging
We're an Inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.

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