AVP, Pricing, Capital Solutions

Pacific Asset Management, LLC; Hamilton; On-site; CAD 140,000 - 210,000; Full time

Benefits offered by this job

Leave 25 days

Private insurance for employee/depend.

Wellness subsidies

Cycle to Work

Job summary

Pacific Life Re is seeking an AVP, Pricing, Capital Solutions to lead and grow a global pricing team. The role requires actuary qualifications, strong pricing expertise, and experience in financial reinsurance.

You will mentor staff, oversee pricing processes, and collaborate across teams to structure and price complex deals. You will work in a dynamic environment, balancing client needs with regulatory considerations, and contribute to strategic planning and governance for the Capital Solutions

Qualifications

• Experience leading pricing teams in FinRe or structured solutions.
• Actuary qualification with post-qualification experience.
• Strong pricing and analytical capabilities; able to build pricing models.

Responsibilities

• Lead and develop the Pricing Team to deliver high-quality quotes.
• Oversee risk assessment and pricing strategy for transactions.
• Collaborate with Client Solutions and Legal teams to drive deal execution.
• Support market strategy and governance frameworks for Capital Solutions.

Skills

Team management

Actuary (qualified)

Pricing experience

Financial reinsurance

Communication skills

Regulatory knowledge

Education

Qualified actuary

Job description

Job TitleAVP, Pricing, Capital SolutionsJob DescriptionCapital Solutions is the newest line of business that Pacific Life Re offer to support clients. We are providing financial reinsurance to clients to enhance their balance sheet, either through accessing trapped capital, reducing earnings volatility or monetising value that currently sits off balance sheet.The Pricing team operate globally and are responsible for carrying out the risk assessment of each deal, alongside proposing appropriate pricing levels to cover this risk. They will also contribute to the structuring of the deals, participate in client conversations and support in refining and implementing our market strategy.The transactions will typically be of a bespoke nature, covering a range of products and risks across the world. The Capital Solutions team sits alongside the Protection and Savings & Retirement teams to offer a full comprehensive product suite to clients.We have an exciting opportunity for an individual who is looking to take on a management role within our growing team.Key responsibilitiesTeam ManagementLead and develop the Pricing Team, fostering a high-performance culture through mentoring, coaching and continuous feedbackOversee the delivery of pricing quotes and the evolution of processes and assumptions, ensuring consistency and rigour across transactionsDefine and implement the team’s pricing strategy, ensuring alignment with broader business objectives and market positioningRisk Assessment & PricingOversee, review and provide challenge on the detailed assessments of potential opportunities considering factors such as deal attractiveness, counterparty creditworthiness, market conditions and regulatory requirementsCollaborate with the wider Capital Solutions / PL Re team to support in deal structuring to meet clients' needs, ensuring alignment with PL Re risk appetiteSupport 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 signingBusiness Analysis & SupportSupport the Client Solutions team by attending client meetings, gathering market intel and identifying potential opportunities for PL ReMonitor market trends, regulatory developments and competitive landscapeContribute to the development and refinement of strategy for the business lineProcess & Assumption DevelopmentContribute to the development of best practices, pricing guidelines and risk appetite and governance frameworks for the Capital Solutions businessAssist in building and maintaining pricing models and tools to enhance efficiency and accuracySupporting in the setting of the capital basis for different risk types, markets and transactionsQualifications & ExperienceStrong technical and problem-solving skills with the ability to work with a wide range of data sets and informationExperience within a FinRe / Structured Solutions teamExperience managing a team; including but not limited to building a team culture, coaching and developing team members and recruiting for key positionsQualified actuary with a minimum of 5 years post qualified experienceExcellent communication skills with the ability to effectively explain new concepts to stakeholders and collaborate with other teams around the businessAbility to work independently in a flexible, dynamic team with occasional high-pressure deadlinesPricing experience in the European and / or Asian marketsA strong understanding of capital, financial accounting, balance sheets and regulatory frameworks is desirableYou can be who you are.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.Working For Pacific Life ReEvery 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. Of course, we take our work seriously and we know our team can operate under great pressure. 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.Benefits (Only for Permanent and Fixed Term Employees)Leave25 days of annual leave with option to buy/sell more daysAdoption and fertility leaveGenerous enhanced parental leaveHealthcareComprehensive private insurance coverage for employee and dependentsGroup Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salaryOptical benefitsSavings & Retirement15% combined employee/employer contributionsWellnessSubsidized gym membershipAccess to Employee Assistance ProgramCycle to Work and Electric Car Salary Sacrifice SchemeTime off for volunteeringCharitable matching of employee donationsYou Can Be Who You AreWe 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.Pacific Life Re ValuesPlease click here to view our company values