Senior Actuary

The postholder will undertake complex actuarial work from problem definition and data specification through modelling, validation, interpretation and communication.

A. Actuarial modelling, forecasting and risk

Develop and apply actuarial models to understand population need, service demand, utilisation, outcomes, expenditure and financial risk.

Produce projections and forecasts using appropriate actuarial methods and assumptions.

Apply scenario, sensitivity and probabilistic techniques to assess uncertainty and risk.

Monitor model performance and identify opportunities for refinement and improvement.

B. Strategic planning and financial sustainability

Support strategic planning and commissioning by modelling the impact of population change, service transformation and alternative demand scenarios.

Assess the implications of demographic and non-demographic growth for future resource requirements.

Contribute to analyses of financial sustainability, affordability and risk.

C. Commissioning, payment and resource allocation

Support evaluation of commissioning and payment approaches, including population-based budgets, risk adjustment, capitated arrangements and risk-sharing mechanisms.

Contribute actuarial analysis to business cases, commissioning proposals and service redesign initiatives.

D. Data, assumptions and assurance

Analyse large, complex population, activity, utilisation, outcome, cost and financial datasets.

Assess data quality, completeness, bias and fitness for purpose.

Develop and document assumptions using historical experience, trend analysis, external evidence and professional judgement.

Undertake validation, peer review and quality assurance of actuarial analyses.

E. Insight, communication and multidisciplinary working

Translate complex actuarial findings into clear recommendations for decision-makers.

Present forecasts, assumptions, risks and uncertainty in a way that is accessible to non-specialist audiences.

Contribute actuarial content to strategic plans, committee papers, option appraisals, evaluations and business cases.

Work collaboratively with health economists, data scientists, public health specialists, finance teams and commissioners.

F. Professional and organisational development

Maintain professional actuarial knowledge and skills through continuing professional development.

Contribute to the development of actuarial methods, modelling standards and shared analytical resources.

We are committed to promoting equal opportunities to achieve equity of access, experience and outcomes and to recognising and valuing people's differences. We are passionate about creating an inclusive workplace that promotes and values diversity; we see this as a strength and part of our founding mission, values and behaviours. We know through experience that different ideas, perspectives and backgrounds create a stronger and more creative work environment that delivers patient outcomes.

We are committed to creating the best place to work, where your contribution is valued, your wellbeing is supported and all our colleagues can reach their full potential. We welcome and encourage applications from all areas of the community, who meet the criteria for the role, regardless of their protected characteristic. We work to ensure that our recruitment processes are as inclusive as possible to everyone, including making adjustments for people who have a disability or long-term condition and support with the recruitment process for people with lived experience.

We are happy to discuss flexible working options for all roles.

We operate a Carer friendly working environment that is supportive and inclusive. We actively encourage Carers to self-identify themselves.

We are a Disability Confident Employer and commit to shortlisting suitable applicants who meet the essential criteria for an interview. Please inform us of any adjustments you may require.

Qualifications

Desirable: - Evidence of wider contribution to the actuarial or analytical profession.

Knowledge

Skills