Senior Actuarial Manager, Pricing

Senior Actuarial Manager, Pricing

End Date: December 11, 2026 (30+ days left to apply)

What will you be doing?

• Lead the setting of central pricing bases and agree product terms across Unum’s Group Income Protection, Group Life, Group Dependants and Group Critical Illness products.
• Own and deliver pricing reviews, annual experience investigations, and recommendations for changes to pricing assumptions, ensuring appropriate peer and risk reviews are completed.
• Monitor emerging risk trends, new money rates, expenses and cost of capital, recommending pricing adjustments where needed to keep our approach commercially robust and within risk appetite.
• Play a key role in pricing governance, preparing clear reports and presenting recommendations to senior forums including the Pricing Governance Group, Strategic Revenue Price Group and other committees.
• Work closely with key partners across Financial Underwriting, Distribution, Marketing and DT&T, helping to translate pricing insight into practical commercial decisions.
• Consider the impact of pricing recommendations on vulnerable customers, fair value, Conduct Risk, Consumer Duty and wider Solvency II governance requirements.
• Maintain strong controls across pricing processes, while proactively identifying opportunities to improve ways of working within the team.
• Support pricing and risk selection strategic initiatives, helping shape the future direction of pricing capability across the business.
• Provide line management, technical guidance and coaching to actuarial students and newly qualified actuaries, supporting their development and contribution to the team.

What will you bring?

• You’ll be a qualified actuary with strong post-qualification experience, ideally gained within life, health or protection insurance.
• You’ll bring strong pricing experience, with the technical confidence to review assumptions, investigate experience and make sound recommendations in a complex commercial environment.
• You’ll have a degree-level education, ideally 2:1 or above, in a subject with significant mathematical or statistical content.
• You’ll be highly numerate, comfortable working with data and pricing models, and confident using IT tools to support analysis and decision-making.
• You’ll have excellent communication and stakeholder management skills, with the ability to produce clear, concise reports and present technical recommendations to senior audiences.
• You’ll be able to balance technical rigour with commercial judgement, managing competing priorities and delivering high-quality work under pressure.
• You’ll bring curiosity and external market awareness, applying new ideas and industry insight to help improve pricing approaches and business outcomes.
• You’ll have the leadership capability to coach, guide and develop actuarial colleagues, supporting both technical growth and career progression.

Location

Hybrid working. 3 days in office, 2 days from home. From office locations in Dorking, London or Basingstoke. (Dorking location preferred for office days)

Benefits

• Bonus

• Pension

• Life assurance

• Income protection

• Private medical insurance

• Health and wellbeing support

• Holiday allowance

• Electric vehicle scheme

• Why join us?

• At Unum, we’ve created a workplace where people feel supported to progress and grow, and can see their ambitions coming to life.

• As a part of our commitment to creating an inclusive workplace, we actively encourage applications from those with disabilities and those with long-term health conditions.

• If you meet the essential criteria for the role and choose to opt in to the scheme during your application, you will be offered an interview under the Disability Confident Scheme.

• We are proud to be a Disability Confident Employer.