AVP, Deal Pricing, Methodology & Proposition at Pacific Life Re | CA | Rezi

AVP, Deal Pricing, Methodology & Proposition at Pacific Life Re

AVP, Deal Pricing, Methodology & Proposition

Pacific Life Re · CA

1 weeks ago

AVP, Deal Pricing, Methodology & Proposition

Pacific Life Re · CA

9 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, Methodology & Proposition 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, Methodology & Proposition posting at Pacific Life Re — free, in seconds.

About the Role

The Deal Pricing team within Savings & Retirement (S&R) is responsible for pricing all products and reinsurance structures across global markets. This role will provide high-quality analysis, support technical development, and drive the development of pricing sophistication by understanding and implementing the latest analytical techniques.

Responsibilities

  • Maintain the S&R Deal Pricing methodology framework, ensuring alignment with enterprise frameworks and business needs.
  • Responsible for the maintenance and development of S&R pricing models, adhering to high standards and model development frameworks.
  • Provide technical leadership and expertise for methodology and proposition developments within S&R.
  • Review pricing proposals, ensuring enterprise assumptions are understood and appropriate for the S&R business.
  • Utilize initiative and creative thinking to deliver new solutions, processes, or approaches to pricing risk and developing new deal structures.
  • Coach and develop team members to achieve team and company goals.
  • Support the client solutions team in building client relationships and promoting the Pacific Life Re brand.
  • Support the pricing of non-standard transactions by providing technical oversight and challenge.
  • Ensure pricing frameworks are well understood and lead training delivery to maintain standards and technical excellence.

Requirements

  • Strong technical skills necessary to develop and implement pricing strategies for asset and insurance risk.
  • A strong desire to improve the effectiveness and efficiency of the pricing team through development of models, frameworks, and individuals.
  • Qualified actuary or professional with financial markets/banking sectors with at least 7 years post-qualified experience.
  • Strong and relevant experience in life (re)insurance and/or life consultancy, ideally with asset strategy expertise.
  • Strong analytical skills, combined with sound judgement and commercial awareness.
  • Ability to produce justifiable and practical pricing advice even where data is sparse or difficult to work with.
  • 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.
  • Experience driving projects forward, ensuring targets are met and securing approvals from senior stakeholders.
  • Strong written and verbal communication skills.
  • Ability to work with colleagues at all levels of the organization.
  • Solid understanding of life insurance company balance sheets, capital and profit reporting regimes (IFRS, Solvency II, US GAAP, BMA).

Skills

  • Technical actuarial skills
  • Investment background
  • Cashflow & capital modelling
  • Deal metrics analysis
  • Investment strategy setting
  • Analytical skills
  • Judgement
  • Commercial awareness
  • Communication skills

Location

  • Toronto

Work Type

  • On-site
  • Work from home

Experience Level

  • 7 years post qualified experience

Education Level

  • Qualified actuary or professional with financial markets/banking sectors

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

  • The Savings & Retirement (S&R) team at Pacific Life Re is responsible for sourcing opportunities and executing reinsurance transactions with clients in our target global retirement markets.
  • We deliver bespoke reinsurance solutions to our clients to support policyholders’ retirement needs and financial goals.
  • 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.

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.