Commercial Actuarial Manager – Longevity & Structured Solutions

Banking & Financial Services; Greater London; On-site; GBP 90,000 - 140,000; Full time

Job summary

A global life reinsurer in London is seeking a Commercial Actuarial Manager focusing on longevity pricing and complex retirement transactions. The role sits near the commercial side, working with front-office and senior stakeholders to understand new structures and translate them into clear insights.

Ideal candidate is a qualified actuary with strong longevity knowledge, with experience in pricing, transactions or structured solutions, and exposure to longevity swaps, pension risk transfer,

Qualifications

• Qualified actuary with strong longevity knowledge.
• Experience in longevity swaps, pension risk transfer, derivatives.
• Exposure to pricing, transactions or structured solutions.

Responsibilities

• Work with front-office and senior stakeholders on new transactions.
• Translate complex structures into clear insights for senior decision-makers.
• Ensure transactions can be implemented, reported, and governed.

Skills

Longevity pricing

Structured solutions

Front-office collaboration

Stakeholder communication

Job description

• Commercial Actuarial Manager – Longevity & Structured Solutions

  A particularly interesting Manager-level opportunity for an actuary who understands longevity pricing and complex retirement transactions, but wants a role broader than traditional pricing.

  The position sits close to the commercial side of a global life reinsurer and works with front-office and senior stakeholders as new and increasingly complex transactions are developed. The successful candidate will get involved early: understanding how a new structure works, considering its financial and operational implications, and then translating that complexity into something senior decision-makers and wider teams can clearly understand.

  One of the strongest sells is the breadth. In many longevity roles you become heavily focused on either longevity swaps or asset-backed transactions; here you can gain exposure to both, alongside new products and structures emerging across international markets, including Asia.

  There is a technical reporting element — including understanding the implications of new business across valuation, capital and accounting — but I would view this primarily as a commercial and strategic actuarial role. You’ll work across functions to make sure new transactions can actually be implemented, reported and governed effectively, while also producing senior-level insight on the risks and strategic implications.

  I’m ideally looking for a qualified actuary with strong longevity knowledge, preferably gained in pricing, transactions or structured solutions. Experience of longevity swaps, pension risk transfer, derivatives or asset-intensive business would all translate well.

  There is also potential for this position to develop into a broader leadership role as the team and business continue to grow. This will give you a unique level of exposure to senior business executives across the company, and is suited to a very ambitious Actuary.