Associate Director | BPA Pricing

Eames Consulting; London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A leading Life Insurance division is seeking an exceptional Associate Pricing Director to join its innovative team in London. The role involves leading pricing strategies for bulk purchase annuities and collaborating with various stakeholders to enhance pricing solutions. Ideal candidates are commercially-minded actuaries with strong technical skills and a desire for growth in a dynamic environment.

Qualifications

• Experience in bulk annuity pricing and UK DB pensions is valuable.
• Understanding of Solvency II regulations is essential.
• Familiarity with reinsurance structures is a plus.

Responsibilities

• Lead end-to-end pricing for BPAs and de-risking solutions.
• Collaborate across teams for integrated pricing projects.
• Support development of new pricing models.

Skills

Actuarial skills

Communication

Presentation

Commercial mindset

Technical analysis

Education

Actuarial qualification

Job description

Pricing Director

Our client is seeking an exceptional Associate Pricing Director to join a leading team within a well-established Life Insurance division. The team is focused on designing and delivering bulk purchase annuities (BPAs) and alternative de-risking products for Defined Benefit pension schemes. Due to ongoing success and strong growth opportunities, they are looking to expand the team with a skilled professional.Key Responsibilities:Lead end-to-end pricing for BPAs and other de-risking solutions.Collaborate with various teams across the business and outsourcing partners to integrate commercial, investment, longevity, reinsurance, balance sheet management, and structuring workstreams into pricing projects.Support senior stakeholders with technical analysis, business strategy, and ad hoc queries.Play a key role in developing new and enhanced pricing models and technology solutions within the CRS pricing infrastructure.Manage commercial outsourcing arrangements and support the development of novel pricing strategies, including reinsurance solutions and new product lines.Key Knowledge, Skills & Experience:A commercially-minded Actuary with strong technical skills.Experience in bulk annuity pricing, funded reinsurance, longevity reinsurance, or life insurance balance sheet management.Knowledge of UK DB pensions is valuable.Understanding of Solvency II and UK life insurance regulations, particularly around balance sheet construction, liability discounting, asset strategy, and ALM.Experience developing, structuring, and pricing institutional insurance products is advantageous.Familiarity with non-standard capital and reinsurance structures is a plus.Ambitious, self-motivated, and able to prioritise workloads effectively to meet strict deadlines.Excellent communication and presentation skills.This is an exciting opportunity to play a key role in a growing team within an innovative and dynamic environment. If you're a driven actuarial professional looking for your next challenge, apply today.

Eames Consulting is acting as an Employment Agency in relation to this vacancy.