Life Actuary

Job Description

Life Actuary

• Apply your actuarial expertise across life and investment products at NFU Mutual, ensuring both business profitability and fair customer impact


• Balance detailed technical analysis with commercial decision making


• Hybrid working – work from our Stratford-upon-Avon offices 2-3 days per week, working from home the rest of your week.

About the role

As a Life Actuary at NFU Mutual, you will play a key role in supporting the long-term profitability and sustainability of our Financial Services division. You will provide expert actuarial insight across new and existing business, helping to ensure charges remain fair for customers, while supporting the financial security of the business.

Working within the Commercial Actuarial Finance team, your role will focus on both business-as-usual activity and project-based work. This includes designing and validating actuarial models, analysing complex data, and translating your findings into clear, well-reasoned recommendations for stakeholders across NFU Mutual. You will support decisions on new business and changes to existing life products, including pensions and investments.

This role is aligned to our Stratford Upon Avon offices - you will have the flexibility to work 2 to 3 days in the office and the rest of your time working from home.

About you

You are a fully or nearly qualified actuary with strong technical judgement and experience of applying actuarial techniques within a Financial Services setting. You combine analytical rigour with the ability to communicate clearly and influence decisions across a wide range of stakeholders.

To join NFU Mutual, you’ll also be / bring -

• FIA or FFA qualified or working towards qualification


• An honours degree in a numerate discipline such as Actuarial Science, Mathematics, Statistics or Economics


• In depth knowledge of actuarial modelling and the current regulatory framework within Financial Services (i.e. for Life products)


• Experience of interpreting complex analysis and explaining it clearly to non-technical audiences


• A collaborative approach, with the confidence to provide expert advice and challenge

At NFU Mutual, we support an inclusive workplace and value all the differences that make us unique. We celebrate the creativity and innovation that comes from diverse perspectives and experiences and share a common vision of doing the right thing for our customers and employees.

We recognise that some candidates may experience barriers during the recruitment process. So, we encourage candidates to discuss any adjustments or accommodations they need to be the best they can be throughout our recruitment process.

We're proud to be a Disability Confident Employer, a Race at Work and Women in Finance Charter signatory and welcome applications from people of all backgrounds, regardless of age, ethnicity, disability, neurodiversity, gender, religion, marital status, sexual orientation, or socioeconomic background.

Benefits and Rewards

When you join our team, you can expect a supportive culture and an attractive range of rewards and benefits including:

Level 4

• Salary of up to £65,000


• Annual bonus (up to 17.5% of salary)


• Contributory pension scheme, up to 20%, including your 8% contribution


• 25 days annual leave + bank holidays + buy/sell/save holiday trading scheme


• A Family Friendly policy that helps you balance your work and family responsibilities


• Access to savings at High Street brands, travel and supermarkets


• £20 contribution to a monthly gym membership – subject to T&Cs


• Health and wellbeing plan - cashback for dentist, opticians, physio and more


• Access to voluntary benefits, including health assessments, private medical insurance and dental insurance


• Employee Volunteering - volunteer in the community for one day each year


• Unlimited access to Refer a Friend £500 bonus scheme


• Life Assurance cover of 4 x salary


• Employee discounts of 15% on a range of NFU Mutual insurance policies.


• Salary sacrifice employee car scheme - subject to eligibility

Working at NFU Mutual

We’re one of the UK’s leading general insurance and financial services organisations, and for over 110 years we’ve put our customers at the heart of everything we do. Our people are just as important to us, so we’re proud to be recognised as “a great place to work”.

Our Gallup Exceptional Workplace 2025 award was not only awarded with Distinction, but it also marked us as the first UK based company to earn a Gallup Exceptional Workplace award for ten consecutive years. We’ve also been consistently recognised by Glassdoor. We appeared in the Glassdoor Best Places to Work UK list in 2023, 2024 and 2026 — and in 2026, we were the highest ranked insurance business in the UK, highlighting our strong employee experience and the positive feedback our people share on the platform.

Additionally, we were named in the LinkedIn Top 15 Companies 2025 list of “Best midsize employers to grow your career in the UK”, and we’ve been certified as a UK Top Employer by the Top Employers Institute in 2023, 2024, 2025 and 2026.

We offer a supportive and empowering culture where people are inspired to perform, given opportunities to grow, and recognised and rewarded for their contribution. Our people are proud to work for a company that respects them and their communities, and they trust us to be financially sustainable—so we’re successful now and in the future.