Modelling Actuary (Life)

Posted 4 Days Ago
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London, Greater London, England, GBR
Hybrid
Senior level
Artificial Intelligence • Insurance • Machine Learning • Software
The Role
Design, build, and maintain Life actuarial models tailored to European markets. Support sales as a Subject Matter Expert, conduct product demos, and monitor regulatory updates.
Summary Generated by Built In

Akur8 is a fast-growing InsurTech scale-up on a mission to redefine insurance pricing and reserving through transparent, high-performance modelling technology.

With the launch of Akur8 Life, we are bringing that same mission to the Life Insurance market, delivering purpose-built solutions for the unique complexity of life, health, and protection risk.

Our SaaS platform uses transparent machine learning and predictive analytics to improve the speed, accuracy, and reliability of actuarial pricing and reserving, addressing the long-term liability horizons, mortality and morbidity modelling challenges, and evolving regulatory expectations that define the Life Insurance landscape.

Built by experienced actuarial, product, and R&D teams, Akur8's proprietary algorithms enable insurers to generate insights up to 10x faster than traditional methods, while maintaining full explainability and the regulatory confidence that frameworks such as Solvency II and IFRS 17 demand.

As our platform expands into Life Insurance, we provide next-generation reserving and pricing capabilities, supporting an end-to-end approach to risk assessment across the full product lifecycle, from term and whole life to annuities and health covers.

Recognised globally, Akur8 has been featured in:

  • CB Insights' Insurtech 50 - Top 50 InsurTech Companies 2025

  • CNBC's World Top 150 InsurTech Companies

  • InsurTech100 Global - 100 Most Innovative Insurtech Companies

  • Professional Equality Index (2025 score of 97/100)

With 40+ nationalities across 8 global offices, including our headquarters in Paris, we serve 320+ insurance clients on 4 continents, partnering with insurers in mature and highly regulated markets.

We are proud to be an equal opportunities employer, committed to diversity, equity, and inclusion, and we evaluate all candidates fairly based on skills, experience, and professional merit.

Akur8 is seeking a highly motivated, analytical and collaborative Modelling Actuary who - via their technical and entrepreneurial skills, will spearhead the expansion of Akur8’s Life & Annuity presence in the UK and Europe.

Responsible for designing, building, and maintaining SLOPE actuarial models and reports tailored to the European market, you will run platform demos to prospects, as well as providing ongoing training & support to clients.

This role is a great fit for actuaries that are passionate about technology and want to be at the forefront of modernising the actuarial profession in a dynamic environment.

Responsibilities include:

  • Perform the design, construction, and maintenance of Life models and reports tailored to European markets across a range of Life, Annuity, and Health products

  • Support sales team as Subject Matter Expert on actuarial topics related to Slope model design and implementation

  • Run product demos and pilots for prospective clients to demonstrate the capabilities and value of the SLOPE platform

  • Act as trusted advisor for onboarding, model best practices guidance, issue resolution, and feedback gathering for new and existing customers

  • Monitor local regulatory updates & translate to requirements for SLOPE models and reports, and highlight market opportunities for Akur8

  • Fulfill occasional speaking duties at European market focused webcasts and conferences to support marketing efforts

  • Recommend new platform features for the broader Akur8 Life team to incorporate with the goal of providing a superior customer experience

  • Assist in other related areas of the business as necessary

Interested applicants must meet each of the following criteria to be considered for this position:

  • Fully qualified actuary or equivalent with 7+ years of relevant actuarial experience across European markets covering IFRS 17, Solvency II, and local equivalents across Life, Health, and Annuity products.

  • Hands-on experience working with one or more actuarial modelling platforms (Axis, ALFA, etc.)

  • Experience in Valuation, Product Pricing, or Asset/Liability Management work

  • Strong modelling skillset and interest in technology and tools (e.g. programming, AI, data visualisation, etc.)

  • Experience in automating processes utilising programming scripts, AI, etc. is a plus

  • Able to clearly communicate the expected benefits and values of the software, as well as to respond to objections from prospective customers in a sales setting

  • Demonstrated ability to learn quickly (e.g. new software, actuarial concepts, etc.)

  • Entrepreneurial mindset and desire to work in a rapidly growing company

  • Excellent communication skills and the ability to work on a collaborative team

  • Exceptional problem-solving skills and ability to think critically

  • Detail-oriented mindset

  • Fluent English language skills (both written & spoken)

  • French OR Spanish language skills (both written & spoken)


Bonus skills (non-essential, but nice to have):

  • Experience building dashboard and reports using business intelligence / data visualisation tools such as Sigma, Tableau, or Power BI

  • Familiarity with SQL and database concepts

As a newcomer, you'll be joining a diverse, highly skilled and motivated team, with a strong Tech DNA, colleagues that are eager to share their knowledge and passion.

We care about strong teamwork and a positive day-to-day environment. The team regularly connects through optional activities such as team lunches, sports, karaoke, or occasional after-work gatherings.

In addition to this, we will provide you with:

  • Competitive salary + annual bonus

  • Hybrid office/home working policy

  • Private Medical insurance

  • Pension Plan

  • Professional Phone subscription

  • 25 days of PTO/year

  • Public transportation reimbursement (75%)

  • Gym membership via ClassPass

  • IT equipment allowance

  • Professional development & trainings

  • Team fun: regular company gatherings and team events

As part of our recruitment process, we may carry out background checks in line with the applicable laws and regulations in the countries where we operate. These checks may include verification of employment history, education, and, where legally authorized, criminal records. Any background checks will be performed lawfully before formal employment contracts are signed, with the candidate’s consent, and all information collected will be handled confidentially.
We may use artificial intelligence (AI) tools to assist with certain stages of the recruitment process. These tools are used to support our recruitment team and do not replace human decision-making. Final hiring decisions are always made by people. If you would like further information about how your data is processed, you can contact us at [email protected].

Skills Required

  • Fully qualified actuary or equivalent with 7+ years of experience
  • Hands-on experience with actuarial modelling platforms (Axis, ALFA, etc.)
  • Experience in Valuation, Product Pricing or Asset/Liability Management
  • Strong modelling skillset
  • Experience in automating processes with programming scripts
  • Fluent English skills (written & spoken)
  • French OR Spanish language skills (written & spoken)

Akur8 Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Akur8 and has not been reviewed or approved by Akur8.

  • Healthcare Strength Health coverage is described as including family-friendly health plans and health insurance. This points to a solid core medical offering that supports employees and their families.
  • Parental & Family Support Family support includes childcare/nursery facilitation with priority access in Paris alongside family-oriented health plans. This signals attention to parents’ needs, even if availability varies by location.
  • Wellbeing & Lifestyle Benefits Wellbeing and lifestyle perks span gym memberships, monthly massage sessions, yoga, mindfulness activities, social events, and well-equipped offices. These benefits complement pay by enhancing day-to-day experience and community.

Akur8 Insights

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The Company
HQ: Paris
167 Employees
Year Founded: 2019

What We Do

Our end-to-end actuarial pricing software delivers tremendous value to P&C and health insurers ready to join the pricing revolution. We unlock untapped combined ratio improvement potential, powered by proprietary Transparent AI and machine learning automation.

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