AVP, Deal Pricing, Markets at Pacific Life Re | CA | Rezi

AVP, Deal Pricing, Markets at Pacific Life Re

AVP, Deal Pricing, Markets

Pacific Life Re · CA

2 weeks ago

AVP, Deal Pricing, Markets

Pacific Life Re · CA

20 days ago
Resume preview

Impress employers and recruiters.
Choose from hundreds of resume examples.

Target Resume Now
Resume preview

Tailor your resume to this AVP, Deal Pricing, Markets role.

Rezi rewrites your resume against Pacific Life Re's job description. Free.

Resume score gauge reading 58 out of 100

Don't guess if your resume is good enough.

See how it scores against the AVP, Deal Pricing, Markets posting at Pacific Life Re — free, in seconds.

About the Role

This role is for an AVP, Deal Pricing, Markets within the S&R Deal pricing team. The position offers an exciting opportunity for an individual with a strong technical actuarial or investment background to contribute to the team's responsibilities. The role holder will be a leader, providing high-quality analysis and supporting the technical and personal development of other team members. As a creative thinker, this role will enhance PL Re's pricing sophistication by understanding the latest pricing and analytical techniques and continuously improving internal approaches and expanding our proposition.

Responsibilities

  • Maintain the S&R Deal Pricing methodology framework, ensuring alignment with enterprise frameworks and business needs.
  • Maintain and develop S&R pricing models to high standards, in line with model development frameworks.
  • Provide technical leadership for methodology and proposition developments within S&R, collaborating with client solutions and pricing teams.
  • Review pricing proposals with sound judgment, offering constructive challenge and recommendations, ensuring appropriate enterprise assumptions.
  • Utilize initiative and creative thinking to develop new solutions, processes, or approaches to pricing risk and new deal structures.
  • Coach and develop team members to achieve team, company, and individual performance goals.
  • Support the client solutions team in building client relationships and promoting the Pacific Life Re brand, including entering new markets and products.
  • Provide technical oversight and challenge for the pricing of non-standard transactions.
  • Ensure pricing frameworks are well understood and lead training to maintain standards and technical excellence.

Requirements

  • Strong technical skills for developing and implementing pricing strategies for asset and insurance risk; prior pricing experience is beneficial but not essential.
  • Strong desire to improve the effectiveness and efficiency of the pricing team through model, framework, and individual development.
  • Qualified actuary or professional with financial markets/banking sectors with at least 7 years of post-qualified experience.
  • Strong and relevant experience in life (re)insurance and/or life consultancy, ideally with asset strategy expertise.
  • Strong analytical skills, sound judgment, and commercial awareness to provide justifiable and practical pricing advice, even with sparse data.
  • Good understanding of the Savings & Retirement markets (e.g., UK PRT, Japan funded reinsurance).
  • Ability to enable the development of junior team members and encourage ownership of their responsibilities.
  • Experience driving projects, meeting targets, and securing senior stakeholder approvals.
  • Strong written and verbal communication skills, with the ability to work with colleagues at all levels.
  • Solid understanding of life insurance company balance sheets, capital, and profit reporting regimes (IFRS, Solvency II, US GAAP, BMA).

Skills

  • Technical actuarial / investment background
  • Pricing strategies for asset and insurance risk
  • Model development
  • Framework development
  • Analytical skills
  • Judgment
  • Commercial awareness
  • Written communication
  • Verbal communication

Location

  • Remote

Work Type

  • Full-time

Experience Level

  • 7+ years post-qualified experience

Education Level

  • Qualified actuary or professional qualification

Salary/Compensations

  • $160,290.00 - $187,005.00 CAD

Benefits

  • 23 days of annual leave with option to buy or sell more days
  • Fertility leave
  • Generous parental leave
  • Group Life Insurance and Accidental Death & Dismemberment coverage
  • Dental & Optical benefits
  • RRSP: company-matched contributions
  • Employee and Family Assistance Program
  • Subsidized gym membership
  • 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

  • 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.
  • As part of our commitment to a fair and efficient hiring experience, we want to inform you that we may use artificial intelligence (AI) tools to assist in reviewing resumes, and during the assessment process, including through platforms like HireVue. These tools help us identify relevant qualifications and streamline evaluations, but final decisions are always made by our hiring team.