Project Actuary
Salary: £49,440 – £74,160
Contract Type: 12 Secondment – 35 hours a week
Grade: Team Leader / Technical Expert
Manager: Michael Swancott
Closing Date: Tuesday 22nd September 2026
The salary advertised is a guide based on our current reward architecture, the salary offered would be within the salary range for the role. If you are submitting an application for a lateral move, i.e. a move to a role at the same grade, there is no automatic/guaranteed salary increase.
Make a Difference in Capital Management
As a Project Actuary within our Capital Management team, you will be an experienced actuarial professional with a combination of technical and business skills. You will help lead the actuarial function, supporting Senior Leaders and Department Leaders in delivering actuarial work and shaping new directions and ideas.
Your Impact
- Drive Capital Management activity for the Group; including regular solvency monitoring, developing investment strategy, management of the Estate, reinsurance and other strategic choices affecting the capital position of the Society’s funds.
- Drive Capital Management input to merger & acquisitions, reinsurance and other corporate finance projects, including due diligence, as required.
- Progress the annual Capital Plan and support Risk Management activity by using appropriate Asset Liability, balance sheet modelling techniques.
- Provide input into the Society’s strategic planning activity, including oversight and maintenance of the Society’s strategic planning models.
- Support and develop the Capital Management team to deliver, provide insights and mentor individuals of the wider department for success.
- Build strong industry links / join relevant forums to ensure Wesleyan keeps pace with latest industry practice.
What You’ll Bring
- Newly or nearly qualified member of the Institute and Faculty of Actuaries.
- Experience of Solvency II balance sheet reporting, Capital Management techniques or reinsurance.
- Strong communication skills, including ability to summarise and contextualise information for senior stakeholders.
- Excellent problem solving and business analysis skills.
- Ability to work on own initiative and as part of a team.
- Knowledge of actuarial projection software such as Prophet.
- Strong knowledge of Excel, Word and databases and knowledge of Python.
- An organised and flexible approach to work.
- Ability to coach, supervise and train junior members of the team.
Growing at Wesleyan
We’re building a culture where everyone belongs. Diversity isn’t just a policy—it’s part of who we are. Whatever your background, we want you to feel valued and empowered to thrive. With over 35% of our vacancies being filled by internal colleague moves, we are committed to supporting your development within the business.
If you need reasonable adjustments during the recruitment process, just let us know—we’re here to support you.
Ready to Shape Your Future?
Please discuss you application for this role with line manager before applying for this position, so that we can support your progression and development.
What to Know Before Applying
Please note: We are giving priority interview opportunities to colleagues whose current roles are At Risk of Redundancy. If we receive interest for this role from this group of colleagues who demonstrate the minimum criteria, they will be considered first.
We’re proud supporters of the ABI Making Flexible Work campaign, which means we’re open to discussing flexible working, job shares, and part-time options.
Please note this is role is subject to regulatory requirements. As a financial services organisation we are committed to adopting the highest standards and we do this by employing individuals with the appropriate skills, experience and integrity to protect the Wesleyan Group and our customers. Relevant checks and assessments will be carried out during the recruitment process. The nature of the checks will depend on whether the role is subject to the Senior Managers and Certification Regime (SMCR) or the Insurance Distribution Directive Please note a criminal record check and credit check will apply and this role is also subject to ongoing checks in line with the Group SMCR Framework (Fit & Proper Policy).