BPA Actuarial Analyst – Pricing & Modelling (Part-Qualified)

Standard Life plc

Birmingham

Hybrid

GBP 36,000 - 44,000

Full time

14 days+

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Benefits offered by this job

Private medical cover

38 days annual leave

Excellent pension

12x salary life assurance

Career breaks

Income protection

Volunteer days

Job summary

Standard Life plc seeks a part-qualified actuary to join the Defined Benefit Solutions team in London. The role focuses on pricing and executing Bulk Purchase Annuity transactions, modelling pension liabilities and developing pricing strategies with senior stakeholders.

Flexible hybrid working is offered with office days and remote options. The candidate will work with experienced actuaries to shape pricing and governance, supporting continued growth in BPA and reinsurance opportunities across

Qualifications

Practical experience of actuarial cash flow modelling for pensions in payment and deferred benefits.
Strong technical knowledge of defined benefit pensions, including GMP modelling, franking and deferred member benefit calculations.
Excellent technical knowledge of defined benefit pensions and GMP components.

Responsibilities

Support pricing and execution of Bulk Purchase Annuity and Reinsurance transactions.
Contribute to development and optimisation of pricing approaches.
Model pension scheme liabilities to generate cash flows from member data.
Assess capital requirements and produce sensitivity analyses for pricing and bids.
Build and maintain actuarial models with robust controls.