Amazing opportunities at OAC

Ensuring our clients receive a high quality and personal service at all times is of paramount importance to OAC. Continued growth in the demand for our actuarial services means we have the following exciting opportunities to our join our consulting team.

Consultant Actuary

Job Title:         Consultant Actuary

Reporting to:  Head of Insurance Consulting

Scope of Role

The role will include a wide variety of actuarial assignments across the OAC business within the Life Insurance marketplace.

Key Responsibilities


  • Providing support to the Chief Actuary, appropriate Actuary or Reviewing Actuary
  • Providing support for all work for external clients
  • The work will include (but is not limited to):
    • Data validation
    • Solvency II calculations and modelling using Excel and net
    • Solvency II regulatory annual and quarterly returns
    • Audit review and enquiries
    • Experience analyses
    • Setting methods and assumptions
    • Stress and scenario testing
    • Business planning
    • Attending client meetings
    • Pricing work
    • Assessment of client investments and liaison with asset managers
    • Providing support for adhoc actuarial work across business areas
    • Providing input and support for tenders and client presentations as appropriate
    • Complying with the actuarial standards and guidance
    • Work with the modelling team for client modelling
    • Production of data summary reports
    • Checking input and output data from actuarial insurance models
    • Application of data-skills to solve problems and analyse other data within the organisation


Qualifications and Skills

  • Qualified or Part-Qualified Actuary
  • Good communication and self-organisation are essential as is a positive and engaged attitude
  • Ability to be proactive, self-motivated and able to work independently
  • Ability to organise, analyse, and present data with attention to detail and accuracy
  • Excel and coding experience (eg VBA/Python/R) is essential. Further learning will be supported by the company as required
  • Knowledge of Prophet, Moses, DCS and Power BI beneficial
  • To strive for excellence, best practice and high-quality delivery across the workstreams in OAC
  • Ensure that work complies with OAC’s internal policies and meets regulatory and professional requirements
  • To help OAC in meeting the required standards set out in the IFoA’s Quality Assurance Standard
  • Attend training to develop relevant knowledge, techniques and skills and maintain your CPD in accordance with the IFoA’s requirements
  • To freely share knowledge, insight, best practice and ideas relevant to the running of an efficient and growing business
  • Be prepared to travel to clients in the UK to support presentations, project work and training
  • Manage workload to agreed deadlines and standards of service
  • Liaise effectively with and report to the Head of Insurance Consulting and project leaders as appropriate
  • Promote the services of OAC and carry out administrative and marketing duties incidental to your job
  • To report any "new business" opportunities of which you are aware to OAC
  • Behave in line with the core values of OAC: Honesty, Inclusive, High Performing and to be Committed to Quality.


Hours – there is flexibility on hours but upwards of 22.5 hours per week.

Location: Your home.

To discuss this opportunity or to apply by sending us your CV, please contact Frances Smythe by email to