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About the Role

As a proactive and technical Pricing Actuary, you will be an integral part of the team delivering reinsurance terms to clients predominantly in the UK and Ireland. With a focus on Protection products (Life, CI & IP), you will work alongside junior and senior members of the team with direct responsibility for assumption setting and delivery of reinsurance responses. This role offers a challenging variety of work with a high degree of autonomy and responsibility, providing access to senior leadership and the opportunity to contribute visibly to the delivery of our strategy.

Responsibilities

Lead the delivery of pricing activities, ensuring profitable business acquisition and retention.
Lead the technical pricing and sign-off process during tenders and reviews of inforce business.
Manage the quote team and delegate effectively for timely delivery.
Derive assumptions for opportunities with minimal guidance, including new benefits/risks or limited data scenarios, understanding key risk factors.
Support marketing and business development by building and maintaining client relationships and promoting the business brand.
Produce well-written reports with clear documentation and concise executive summaries.
Constructively challenge current practices and continuously improve processes and documentation.
Demonstrate and encourage pragmatism in pricing work.
Coach junior team members and provide training to other team members.
Manage stakeholders effectively throughout the end-to-end quote process.
Balance technical and commercial considerations to assure stakeholders of pricing capability.
Develop internal relationships within and across teams.

Requirements

Qualified actuary with strong technical ability and pricing experience.
Familiarity with the UK and / or Irish Protection markets.
Experience with pricing tools such as Tyche, SQL, Tableau, R.
Strong Excel skills.
Ability to work independently and collaborate with pricing teams across regions.
Ability to interpret and analyze data, apply judgment, and make clearly communicated decisions.
Strong problem-solving and prioritization skills.
Ability to balance judgment and detail while working to deadlines.

Skills

Technical pricing
Assumption setting
Reinsurance
Data analysis
Communication
Stakeholder management
Problem-solving
Pragmatism
Commercial insight

Location

London

Work Type

Full-time

Experience Level

Qualified actuary

Education Level

Qualified actuary

Benefits

25 days of annual leave with option to buy/sell more days
Adoption and fertility leave
Generous enhanced parental leave
Comprehensive private insurance coverage for employee and dependents
Group Life Insurance coverage of 9x basic annual salary
Group Income Protection up to 75% of basic annual salary
Optical benefits
15% combined employee/employer contributions to savings & retirement
Subsidized gym membership
Access to Employee Assistance Program
Cycle to Work and Electric Car Salary Sacrifice Scheme
Time off for volunteering
Charitable matching of employee donations

About the Company

A global life reinsurer operating in Europe, Asia, Australia and North America, part of Pacific Life.
Pursues excellence and innovation, challenging industry thinking to provide the best protection and savings & retirement reinsurance products and services.
Has offices across Europe, Asia, North America, Australia, and Bermuda.
Employs over 1000 people globally.
Has an inclusive culture underpinned by values and behaviours, providing an environment for growth and development.

Equal Opportunity

Committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities.
Supports all employees to thrive and achieve their fullest potential.
Provides reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities.
Encourages applicants to discuss their needs for suitable adjustments.