Senior BPA Pricing Associate

The Actuary; Greater London; On-site; GBP 60,000 - GBP 80,000; Full time

Job summary

An international actuarial firm is seeking a part-qualified or qualified life actuary in Greater London. This role offers significant responsibilities, including end-to-end pricing for bulk purchase annuities (BPAs) and the development of modelling capabilities. Ideal candidates will have experience in bulk annuity pricing and a strong understanding of Solvency II regulations. This is a fantastic career opportunity within a market leader, where your skills can significantly impact the business.

Qualifications

• Experience in bulk annuity pricing and funded reinsurance.
• Desirable understanding of Solvency II/UK life insurance regulations.

Responsibilities

• End-to-end pricing for BPAs and de-risking solutions.
• Develop and enhance modelling capability and tech solutions.
• Support pricing development of bulk annuity transaction structures.

Skills

Bulk annuity pricing

Funded reinsurance

Longevity reinsurance

Life insurance balance sheet management

Modelling UK DB pensions

Understanding of Solvency II

Education

Part-qualified or qualified life actuary

Job description

Overview

Are you a part-qualified or qualified life actuary looking for your next career opportunity within a well-established, international business?

Then this a significant opportunity to take on a key role, having responsibility for the end-to-end pricing for BPAs and other de-risking solutions.

You will also develop new and enhanced modelling capability, including tech solutions across the corporate risk pricing infrastructure.

In addition, you will support pricing development of novel bulk annuity transaction structures, reinsurance solutions, and new product lines.

With exceptional technical skills, the successful candidate will possess experience of bulk annuity pricing, funded reinsurance, longevity reinsurance, life insurance balance sheet management or modelling UK DB pensions.

An understanding of Solvency II/UK for life insurance, in particular balance sheet construction, liability discounting, asset strategy & ALM would be desirable.

A fantastic career opportunity within a market-leader.

Responsibilities

• End-to-end pricing for BPAs and other de-risking solutions.
• Develop and enhance modelling capability and tech solutions across the corporate risk pricing infrastructure.
• Support pricing development of novel bulk annuity transaction structures, reinsurance solutions, and new product lines.

Qualifications

• Part-qualified or qualified life actuary.
• Experience in bulk annuity pricing, funded reinsurance, longevity reinsurance, life insurance balance sheet management or modelling UK defined benefit pensions.
• Understanding of Solvency II/UK life insurance (balance sheet construction, liability discounting, asset strategy & ALM) desirable.

A fantastic career opportunity within a market-leader.

How to discuss this vacancy

Please contact us to discuss this vacancy or for an informal discussion regarding your career goals. We are very happy to perform bespoke research on your behalf.

Peter Baker, Partner

M: [phone]

E: [e-mail]