Longevity Actuary

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

Job summary

A leading global reinsurer is seeking a part-qualified or qualified life/pensions actuary with expertise in bulk annuity market and longevity swap pricing. The successful candidate will manage client relationships and assess deal attractiveness while leading or supporting longevity reinsurance quotes. Strong analytical and modelling skills are required, along with proficiency in programming languages such as Excel, VBA, and R. This is an excellent opportunity to join a welcoming team in a dynamic environment.

Qualifications

• Experience in bulk annuity market and longevity swap pricing.
• Ability to assess deal attractiveness for various markets.
• Technical skills in model development and pricing tools.

Responsibilities

• Lead or support new longevity reinsurance quotes.
• Support execution on the actuarial side - contractual aspects.
• Review and challenge pricing assumptions in tenders.

Skills

Strong analytical skills

Model development in Excel

Experience with VBA

Proficient in R or other programming languages

Excellent communication skills

Education

Part-qualified or qualified actuary

Tools

Excel

VBA

R

Job description

Overview

Are you a commercially-astute, part-qualified or qualified life/pensions actuary with experience of the bulk annuity market and longevity swap pricing?

Then this is a fantastic opportunity to take the next step on your career ladder within a leading global reinsurer, supporting on deal origination, managing client relationships and assessing deal attractiveness for both UK and non-UK markets

Responsibilities

In this diverse role, you will lead or support new longevity reinsurance quotes as part of quote teams in both the UK and non-UK markets.

You will also support executions on the actuarial side – contractual aspects, model reviews, etc. - while reviewing and challenging pricing assumptions in tenders and the wider basis related discussions.

In addition, you will support enhancements to UK basis, proposition and market offering while improving and automating pricing tools and processes

Technically-skilled, with the ability to develop models in Excel, VBA, R, or other programming languages, the successful candidate will possess strong analytical and modelling skills.

Excellent interpersonal and communication abilities are also required, and you will be a natural thought leader in your field, making a key contribution to knowledge-sharing within the business.

Opportunity

An excellent and rewarding opportunity to join a successful, welcoming and inclusive team within a dynamic environment.

How to apply

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.

Jan Sparks FIA, Partner

M: [phone]

E: [e-mail]