Bpa Pricing Actuary

Royal London Group; England; Hybrid; GBP 70,000 - 90,000; Full time

Benefits offered by this job

28 days annual leave

Employer matching pension up to 14%

Private medical insurance

Job summary

Royal London Group is recruiting an Actuary to join the Bulk Purchase Annuity pricing team at Alderley Park. The role offers a permanent full-time position with hybrid work (50% home/office) and a 35-hour week.

You will price BPA scenarios, check results for technical accuracy and collaborate across teams to shape pension propositions. The successful candidate will be a qualified actuary with BPA pricing experience, possess strong analytical skills, and be able to coach junior colleagues while

Qualifications

• Strong analytical and problem-solving abilities.
• Excellent communication and interpersonal skills.
• Ability to work effectively in a team and independently.
• Proactive and innovative approach to work.

Responsibilities

• Check BPA pricing results for technical accuracy and benefits.
• Collaborate with teams to ensure pricing accuracy.
• Contribute to judgments and develop solutions for complex pension benefits.
• Provide technical expertise and coaching to junior team members.
• Need to continually improve pricing processes and methods.
• Own development; build commercial understanding.

Skills

Analytical thinking

Problem-solving

Communication skills

Team collaboration

Independent work

Proactive/innovative mindset

Education

Qualified actuary

Job description

Contract type: Permanent Full Time 35 hours per week
Location: Alderley Park
Working style: Hybrid 50% home/office based

We have brand new opportunities to join the Bulk Purchase Annuity (BPA) team at Royal London, the UK's largest mutual life, pensions, and investment company.

We are looking for a talented and motivated Actuary to join our team. This is an exciting opportunity to work on innovative projects and make a significant impact within our business unit.

About the role

• Checking BPA pricing results to ensure these are technically accurate and appropriately capture the required benefits

• Collaborating with various teams to ensure accurate pricing.

• Contributing towards judgement calls and developing solutions for complex pension benefits or proposition features.

• Providing technical expertise and coaching to junior team members.

• Contribute to the continuous improvement of pricing processes.

• Take ownership of your development, proactively building your commercial understanding.

About you

To be successful in this role, you will need:

• Qualified actuary

• Experience in BPA pricing or other relevant field.

• Excellent analytical and problem-solving skills.

• Strong communication and interpersonal abilities.

• The ability to work effectively in a team and independently.

• A proactive and innovative approach to work.

About Royal London

We’re the UK’s largest mutual life, pensions and investment company, offering protection, long-term savings and asset management products and services.

Our People Promise to our colleagues is that we will all work somewhere inclusive, responsible, enjoyable and fulfilling. This is underpinned by our Spirit of Royal London values; Empowered, Trustworthy, Collaborate, Achieve.

We've always been proud to reward employees by offering great workplace benefits such as 28 days annual leave in addition to bank holidays, an up to 14% employer matching pension scheme and private medical insurance.

Inclusion, diversity and belonging

We’re an inclusive employer. We celebrate and value different backgrounds and cultures across Royal London. Our diverse people and perspectives give us a range of skills which are recognised and respected – whatever their background.