Who are we?
We’re a specialist employee benefits provider, striving to create healthy, happy workplaces. As part of the international Unum Group, we’re on a collective mission to help the working world thrive.
The roleWhat will you be doing?
As a Nearly/Newly Qualified Actuary within our Actuarial Risk and Capital team, you'll play a key role in helping Unum understand, manage and optimise its capital position. You'll work with a wide range of stakeholders across Finance and the wider business, analysing experience, supporting capital modelling and helping shape the assumptions that underpin key business decisions.This is an excellent opportunity for an actuary looking to broaden their expertise, take ownership of meaningful work and develop their career within a supportive and collaborative team environment.
You'll:
○ Analyse demographic and economic experience to support robust actuarial decision making and business insight.
○ Use actuarial judgement to help set assumptions used within capital and risk management activities.
○ Support the calibration of capital stresses within Unum's Internal Model framework.
○ Produce high-quality reporting and analysis on experience investigations, assumptions and capital outcomes.
○ Contribute to the ongoing development and enhancement of risk and capital methodologies, processes and controls.
○ Support a range of change initiatives, strategic projects and capital-related developments across the business.
○ Collaborate with colleagues across Finance, Risk and the wider organisation to deliver actuarial insight and business value.
○ Present complex actuarial findings in a clear and accessible way to a variety of stakeholders, including senior management.
○ Provide guidance, coaching and support to actuarial students, helping contribute to the development of future talent within the team.
○ Continuously challenge existing approaches and identify opportunities to improve methodologies, efficiency and effectiveness.
What will you bring?
We're looking for a collaborative and commercially minded actuary who enjoys solving complex problems, challenging assumptions and delivering high-quality work. Whether you're approaching qualification or have already qualified, you'll bring strong technical capability alongside the ability to communicate effectively with a wide range of stakeholders.
You'll ideally have:
○ Be a nearly qualified actuary with 1-2 exams remaining, or a newly qualified actuary with up to 3 years' post-qualified experience.
○ Experience gained within Life Insurance, General Insurance or Pensions, with an interest in applying your skills within a new environment.
○ Knowledge of Solvency UK and the wider UK regulatory framework.
○ Strong analytical and problem-solving skills, with the ability to interpret complex data and communicate meaningful insights.
○ Experience of actuarial modelling, assumption setting, experience analysis or capital management activities.
○ Excellent written and verbal communication skills, with the ability to engage confidently with senior stakeholders.
○ A collaborative approach, with experience supporting, mentoring or working closely with actuarial students and colleagues.
○ The ability to balance strong technical understanding with commercial awareness and practical decision making.
○ A curious mindset, with a desire to understand methodologies, challenge existing approaches and drive continuous improvement.
○ Strong organisational skills and the ability to deliver high-quality work across multiple priorities.
○ A proactive approach to learning, development and professional growth.
○ An interest in building a long-term career within Group Risk and the wider Life Insurance market.
LocationHybrid working. 3 days in office, 2 days from home. From office location in Dorking.
Benefits○ Generous bonus scheme
○ Private Medical Insurance
○ Defined Contribution pension scheme
○ Life assurance and Income Protection
○ Access to remote GP services, nutrition coaching, personal training, unlimited mental health support and medical second opinions
○ Generous holiday allowance, with the option to buy and sell up to 5 additional days
○ Salary sacrifice electric vehicle scheme with on-site charging facilities
○ Access to learning, development and career progression opportunities across Unum UK
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.
If you need assistance and/or reasonable accommodation due to a disability during the application or recruiting process, please send a request to [email protected].
We are proud to be a Disability Confident Employer.
Company:
Unum UKSkills Required
- Nearly qualified actuary with 1–2 exams remaining, or newly qualified with up to 3 years of post-qualified experience
- Experience in Life Insurance, General Insurance, or Pensions
- Knowledge of Solvency UK and the wider UK regulatory framework
- Strong analytical and problem-solving skills, including interpreting complex data
- Experience in actuarial modelling, assumption setting, experience analysis, or capital management
- Excellent written and verbal communication skills, including engagement with senior stakeholders
- Collaborative experience supporting, mentoring, or working closely with actuarial students and colleagues
- Strong technical understanding combined with commercial awareness and practical decision-making
- Strong organisational skills and ability to manage multiple priorities
- Proactive approach to learning, development, and professional growth
- Interest in building a long-term career in Group Risk and the Life Insurance market
Unum Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Unum and has not been reviewed or approved by Unum.
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Healthcare Strength — Benefits are described as starting day one and include medical coverage along with employer-provided life, short-term disability, and long-term disability. On-site amenities like a gym and café are also part of the health-and-extras package in some locations.
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Retirement Support — The retirement offering is positioned as a standout through a high employer 401(k) contribution. This retirement support is repeatedly framed as a key draw within the total rewards package.
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Leave & Time Off Breadth — Paid time off is characterized as generous, with additional personal days and company closure days also described. The time-off program is presented as broader than many peers on paper.
Unum Insights
What We Do
Unum is a company of people serving people. A Fortune 500 company, we help millions of people gain affordable access to disability, life, accident, critical illness, dental and vision benefits through the workplace — benefits that help them protect their families, their finances and their futures. Our products and services meet the needs of a diverse workforce that includes four generations, growing ethnic diversity and changing family dynamics. A strong commitment to social responsibility is one of Unum's core values. In fact, we place particular emphasis on contributing to positive change in the communities in which we live and work. Helping our communities become better is a natural extension of the commitment we make each and every day to our customers — to help employers manage their businesses and employees protect their families and livelihoods. We look forward to sharing industry news, community involvement, recognition and other info we hope you find interesting and informative. We encourage your comments and feedback so we can be a valuable resource for you and get to know you a little better.
