Royal London
Actuary - Longevity

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Contract type: Permanent
Location: Alderley Park
Working style: Hybrid 50% home/office based
To help us manage applications effectively, we reserve the right to close this vacancy early once we have received a high number of applications or identified enough suitable candidates for the next stage of the process. We encourage you to apply as early as you can.
About The Role
As an Actuary in Longevity, you will support:
- the development of our methodologies for mortality improvement, postcode rating and other components of the assumptions
- the calibration of the demographic assumptions for the pricing and valuation of individual and bulk annuities
- expansion of our assumption sophistication to support proposition development
- development the longevity risk models to ensure our assessment of risk and capital requirements remains appropriate
- compliance with regulatory requirements, governance frameworks and internal actuarial standards
Reasons to use Rodeo
I’m in my final year doing Economics and I don’t know whether to apply for grad schemes now or do a masters first. What do you think?
Honest answer — it depends on where you want to end up. A lot of top grad schemes (Big 4, civil service, banking) don’t need a masters. Let’s look at the ones you’d be competitive for now, and we can decide if a masters actually adds anything.
Also worth knowing: most autumn 2026 applications are open now. Timing matters more than you think.
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Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
Graduate Consultant — 2026 Scheme
Why you're a good match
StrongYour economics background and your summer at a regional bank line up with what PwC looks for on the consulting scheme. Applications close in four weeks.
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Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Why you're a good match
You’ve got the grades and the economics background, and your bank internship is exactly the experience this scheme looks for. Apply soon — deadlines close within the month.
Experience fit
Your summer at the bank plus your econometrics coursework map directly to the day-one responsibilities on this scheme — client modelling, market briefings, and deal support.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
About You
A Newly or Nearly Qualified Actuary (IFoA or equivalent) with experience in longevity, BPA, pensions, or life insurance
- Experienced in longevity modelling, actuarial analysis or mortality experience investigations
- Highly analytical with strong problem-solving and data interpretation skills
- Confident communicating actuarial concepts to non-technical stakeholders
- Able to manage complex actuarial projects in a collaborative, hybrid working environment
- Motivated by working in financial services, insurance, pensions and reinsurance, with a desire to make a positive impact
If you feel you’d be a great fit but don’t meet every requirement, we’d still love to hear from you. If you meet most criteria and are keen to learn, we encourage you to apply.


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About Royal London
We’re the UK’s largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.
Our People Promise is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values: Empowered, Trustworthy, Collaborate and Achieve. We offer a competitive benefits package including 28 days’ annual leave plus bank holidays, up to 14% employer pension matching and private medical insurance.
Inclusion, diversity and belonging
We’re an inclusive employer and value different backgrounds and cultures across Royal London. Our diverse people and perspectives bring a range of skills which are recognised and respected.
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