About the Role
Capital Solutions is a new business line at Pacific Life Re, offering financial reinsurance to clients to enhance their balance sheets. The Pricing team globally assesses risk, proposes pricing, and structures deals, working on bespoke transactions across various products and risks. This role offers a management opportunity within a growing team.
Responsibilities
- Lead and develop the Pricing Team, fostering a high-performance culture through mentoring, coaching and continuous feedback.
- Oversee the delivery of pricing quotes and the evolution of processes and assumptions, ensuring consistency and rigour across transactions.
- Define and implement the team’s pricing strategy, ensuring alignment with broader business objectives and market positioning.
- Oversee, review and provide challenge on the detailed assessments of potential opportunities considering factors such as deal attractiveness, counterparty creditworthiness, market conditions and regulatory requirements.
- Collaborate with the wider Capital Solutions / PL Re team to support in deal structuring to meet clients' needs, ensuring alignment with PL Re risk appetite.
- Support Client Solutions and Legal teams to see transactions through to execution; informing commercial strategy throughout the process and ultimately contributing to and reviewing treaty wording before signing.
- Support the Client Solutions team by attending client meetings, gathering market intel and identifying potential opportunities for PL Re.
- Monitor market trends, regulatory developments and competitive landscape.
- Contribute to the development and refinement of strategy for the business line.
- Contribute to the development of best practices, pricing guidelines and risk appetite and governance frameworks for the Capital Solutions business.
- Assist in building and maintaining pricing models and tools to enhance efficiency and accuracy.
- Supporting in the setting of the capital basis for different risk types, markets and transactions.
Requirements
- Strong technical and problem-solving skills with the ability to work with a wide range of data sets and information.
- Experience within a FinRe / Structured Solutions team.
- Experience managing a team; including but not limited to building a team culture, coaching and developing team members and recruiting for key positions.
- Pricing experience in the European and / or Asian markets.
- Ability to work independently in a flexible, dynamic team with occasional high-pressure deadlines.
Skills
- Excellent communication skills with the ability to effectively explain new concepts to stakeholders and collaborate with other teams around the business.
Experience Level
- Qualified actuary with a minimum of 5 years post qualified experience.
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
- Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step.
- We work hard and thrive on achievement, but we also know how to have fun and relax too.
- We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
- Providing employees with a healthy work-life balance is very important to our culture.
- We have a wide range of employee benefits and we host regular social activities and well being initiatives.
- We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
- Please click here to view our company values.
Equal Opportunity
- We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities.
- We support all employees to thrive and achieve their fullest potential.
- As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
