Be responsible for providing pricing recommendations and working with the wider BPA team to achieve annual new business targets.
Location: London/Bristol
Category: Life Actuarial
Type: Permanent
Key Duties (including but not limited to):
Responsible for quotations and providing pricing recommendations for bulk annuity buy-ins and buy-outs.
Liaising with investment front office to identify suitable assets to support bulk annuity transactions.
Team working with reinsurance actuaries to ensure reinsurance is appropriately incorporated within quotations.
Reviewing legal agreements and contributing to contract negotiations with external stakeholders.
Supporting business development and relationship management.
Contributing to the development of the Company's pricing bases and pricing models that adhere to their risk tolerances and are scalable for future growth.
Managing stakeholders and ensuring compliance with risk governance.
Minimum Requirements:
Qualified actuary.
Strong knowledge of UK Defined Benefit pensions.
Familiarity with the bulk annuity market and products.