Senior Actuary – Bulk Annuity Pricing Lead

Canada Life Group; Potters Bar, Bristol, Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading insurance company based in Potters Bar is looking for a qualified Senior Actuary to join their Bulk Annuity Pricing team. The successful candidate will be responsible for providing pricing recommendations and managing stakeholder relationships. Ideal applicants will have a strong knowledge of UK Defined Benefit pensions, familiarity with the bulk annuity market, and excellent communication skills. The role offers competitive salary and benefits, including bonuses and health insurance.

Benefits

Competitive salary

Generous pension

Private medical insurance

Life assurance

Flexible working arrangements

Qualifications

• Qualified actuary required with strong knowledge of UK Defined Benefit pensions.
• Familiar with the bulk annuity sector and its products.
• Proficient in managing relationships with stakeholders.

Responsibilities

• Provide pricing recommendations for bulk annuity buy-ins and buy-outs.
• Liaise with the investment office to identify suitable assets.
• Collaborate with reinsurance actuaries on quotes.
• Review legal agreements for contract negotiations.
• Support business development and relationship management.

Skills

Strong knowledge of UK Defined Benefit pensions

Familiarity with bulk annuity market and products

Understanding of capital modelling and profit testing

Experience of managing stakeholders

Strong communication skills

Understanding and ability to implement an actuarial control framework

Qualified actuary

Job description

A leading insurance company based in Potters Bar is looking for a qualified Senior Actuary to join their Bulk Annuity Pricing team. The successful candidate will be responsible for providing pricing recommendations and managing stakeholder relationships. Ideal applicants will have a strong knowledge of UK Defined Benefit pensions, familiarity with the bulk annuity market, and excellent communication skills. The role offers competitive salary and benefits, including bonuses and health insurance.