Be responsible for providing pricing recommendations and working with the wider BPA team to achieve annual new business targets.
- Location: London/Bristol
- Category: Life Actuarial
- Type: Permanent
Key Duties (including but not limited to):
- Responsible for quotations and providing pricing recommendations for bulk annuity buy-ins and buy-outs.
- Liaising with investment front office to identify suitable assets to support bulk annuity transactions.
- Team working with reinsurance actuaries to ensure reinsurance is appropriately incorporated within quotations.
- Reviewing legal agreements and contributing to contract negotiations with external stakeholders.
- Supporting business development and relationship management.
- Contributing to the development of the Company’s pricing bases and pricing models that adhere to their risk tolerances and are scalable for future growth.
- Managing stakeholders and ensuring compliance with risk governance.
Minimum Requirements:
- Qualified actuary.
- Strong knowledge of UK Defined Benefit pensions.
- Familiarity with the bulk annuity market and products.