Senior Actuarial Manager, Pricing

Overview

In this role you will set and govern central pricing bases for Unum’s group protection products, translating actuarial insight into commercial decisions. You will lead pricing reviews, experience investigations, and recommendations within a robust governance framework. You will monitor risk trends and pricing dynamics to ensure solutions stay within risk appetite while supporting business Strategy, distribution, and underwriting partners. You will mentor actuarial colleagues and contribute to shaping pricing capability across the company, with a focus on inclusion and responsible pricing for vulnerable customers.

Pay / Benefits

• Bonus
• Pension
• Life assurance
• Income protection
• Private medical insurance
• Holiday allowance

Responsibilities

• Lead the setting of central pricing bases across multiple group products
• Own and deliver pricing reviews, experience investigations, and recommendations on pricing assumptions
• Monitor risk trends, new money rates, expenses and cost of capital; propose pricing adjustments
• Prepare reports and present recommendations to senior governance forums
• Collaborate with Financial Underwriting, Distribution, Marketing and DT&T to translate pricing insight into decisions
• Consider impact on vulnerable customers, fair value, Conduct Risk, Consumer Duty and Solvency II governance
• Maintain controls across pricing processes and identify process improvements
• Support pricing and risk selection strategic initiatives to shape future pricing capability
• Provide line management, technical guidance and coaching to actuarial students and newly qualified actuaries

Key requirements

• Qualified actuary with strong post-qualification experience
• Strong pricing experience in life/health/protection insurance
• Degree-level education with significant mathematical or statistical content
• Numerate with data and pricing model proficiency
• Excellent communication and stakeholder management skills
• Ability to balance technical rigor with commercial judgment and manage competing priorities
• Curiosity and external market awareness to improve pricing approaches
• Leadership capability to coach actuarial colleagues

• stakeholder management
• communication
• commercial judgment
• pricing models
• assumption reviews
• experience investigations

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