Actuarial Consultant

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Date Posted: Sep 13, 2023

Location(s): Brighton, GB

Company: MetLife


Actuarial Consultant - UK Product

Job location: Hybrid; Brighton (at least two days in the Brighton office)

Interviews to commence from 4th October 


We are a company driven by a solid set of principles (see below) and purposes such as diversity, equity, and inclusion. Our working culture provides flexibility and naturally a ‘hybrid’ working model as standard. We are part of the Women in Finance Charter, an initiative set up by the UK’s HM Treasury. We want to benefit from the many positives that come by having a more diverse working culture throughout all levels of seniority and lines of business. Our workforce enjoys excellent benefits, including private healthcare, a brilliant pension, and a host of other benefits to ensure you and yours are kept safe and protected.


MetLife Success Principles

  • Build Tomorrow – We change and innovate for sustained performance
  • Win Together - We collaborate and empower each other to succeed
  • Own It - We deliver for our customers


You’ll be joining a business that is expanding, cares about the community and the environment. You will get a 9% pension as standard, increasing to 13% company max contribution (plus your 4% = a 17% pension). You can also get up to 31 days holiday, hybrid working, life assurance - employee, income protection, private medical insurance, mortgage advice, gadget cover, life assurance - partner, critical illness, travel insurance and dental cover.


Role Value Proposition: 


This role involves:

  1. Ownership and review of spreadsheet and modelling calculations in the actuarial pricing team
  2. Provide technical expertise and consultation on modelling problems
  3. Working closely with the Head of Pricing and Head of Product to deliver satisfactory outcomes


Key Responsibilities: 


  1. Financial Modelling and reporting
  1. Review actuarial and underwriting assumptions in pricing models
  2. Monitor experience in our existing book, optimize value
  3. Engagement with stakeholders across Global Risk Management, EMEA and the UK to achieve success


  1. Contribute to the Product Development Process
  1. Lead experience analyses and assumptions setting, market research and pricing analyses
  2. Manage and complete numerical components of product approval documentation in conjunction with stakeholders


  1. BAU Activities
    1. Work closely with other members of the Product team to support ongoing product management and monitoring, and reporting responsibilities
    2. Collaborate with other functions in the business


Essential Business Experience and Technical Skills:



  • Bachelor’s degree in Actuarial Science
  • Very strong technical background with MS Office, especially Excel VBA
  • The successful candidate must:
    • Have a strong commercial and strategic mindset
    • Experience in the UK protection market
    • Pay attention to detail
    • Take ownership and personal responsibility for delivering timely, high-quality work.
    • Possess strong problem-solving skills
    • Have good communication skills with the ability to interact with different stakeholders.
    • Be able to source and collate data, draw conclusions and present findings.
    • Learn quickly from experience
    • Ability to work under pressure



  • Fellow of the Institute and Faculty of Actuaries
  • Experience with Python, Alteryx, SQL, Access, and other quantitative software packages


At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.




MetLife is proud to be an equal opportunity employer.  We are committed to attracting, retaining and maximizing the performance of a diverse and inclusive workforce.  It is the policy of MetLife to ensure equal employment opportunity without discrimination on any basis protected by law.

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Requisition #: 134203 

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