Senior Actuary

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Senior Actuary

• Competitive salary and up to 25% annual bonus + PMI + more great benefits.
• Hybrid 80% homeworking available and 20% in Stratford Upon Avon
• Work on a variety of risk management topics across the organisation
• Role will bring opportunity to coach and train team

About the role

About the role

We have an exciting opportunity for an experienced Senior Actuary to join our Group Capital Team at NFU Mutual.

You will develop and lead the delivery of NFU Mutual's solvency management for the General Insurance business. You will also build NFU Mutual's expertise to support the development and maintenance of the Group's Internal Model, reflecting industry best practice in capital modelling and ensure compliance with both existing and new statutory rules.

You will work on a variety of risk management topics across the organisation including reinsurance purchasing strategy, understanding the financial risks of climate change and setting risk mitigation strategies to extreme events.

Team development is a key focus for this role, as it will involve coaching and training a team of talented individuals to maximise their contributions and realise their potential.

About you

You will have proven experience with Solvency UK Internal Model development, implementation and validation as well as a strong understanding of general insurance and market risks. An enthusiasm for general insurance and be confident in decision making. You will have the ability to communicate effectively and present complex information appropriately to non-technical audiences at all levels of the business.

To join our team, you must also have:

• FIA / FFA qualification.
• Degree educated or equivalent experience.
• Significant experience in GI capital modelling and delivering improved capital analysis including reporting to risk committees and / or the Board.
  
  • Experience in ORSA reporting and activities, such as stress & scenario testing and solvency monitoring.
• Strong analytical skills including ability to solve complex business problems using analytical and statistical methods and knowledge of the latest industry developments in actuarial modelling.
• Ability to think strategically and translate strategy into operational delivery.

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.

We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.

We're proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.

Benefits and Rewards

When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:

• Salary - Up to £95,000 per annum (depending on experience)
• Annual bonus (up to 25% of salary)
• Contributory pension scheme, up to 20%, including your 8% contribution
• 28 days annual leave + bank holidays + buy/sell/save holiday trading scheme
• A Family Friendly policy that helps you balance your work and family responsibilities
• Private medical insurance + options to add family members
• Access to savings at High Street brands, travel and supermarkets
• £20 contribution to a monthly gym membership - subject to T&Cs
• Health and wellbeing plan - cashback for dentist, opticians, physio and more
• Employee Volunteering - volunteer in the community for one day each year
• Unlimited access to Refer a Friend £500 bonus scheme
• Life Assurance cover of 4 x salary
• Employee discounts of 15% on a range of NFU Mutual insurance policies.

Working at NFU Mutual

We're one of the UK's leading general insurance and financial services companies. For over 110 years we've put our customers at the heart of everything we do. Our people are just as important to us.

We pride ourselves on being "a great place to work" and our Gallup Exceptional Workplace 2025 award was not only awarded with Distinction but also named us as the first UK-based company to receive a Gallup Exceptional Workplace for ten years in a row. We are also the only Insurer to feature in the LinkedIn Top 15 Companies 2025 list of 'Best midsize employers to grow your career in the UK', the Glassdoor Best Places to Work UK List 2023 and 2024, and were recognised as a certified UK Top Employer by the Top Employers Institute in 2023, 2024 and 2025.

We offer a supportive culture where we empower and inspire our people to perform, offer them opportunities to grow, and recognise and reward their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable, so we are successful now and in the future.