Director, Pricing & Deal Structuring Actuary

Brookfield Asset Management; London; On-site; GBP 80,000 - 120,000; Full time

Job summary

A leading global asset management firm is seeking a Director, Pricing & Deal Structuring Actuary in London. This role involves pricing new deferred benefit deals, contract negotiations, and collaboration with various teams to ensure successful deal structuring. The ideal candidate will be an experienced actuary with a strong background in the insurance industry and exceptional analytical skills.

Qualifications

• Qualified actuary with 9-15 years’ experience.
• Experience pricing and/or deal structuring in UK BPA deals.
• Knowledge of insurance sector and UK pensions.

Responsibilities

• Pricing of new BPA deals, reviewing specifications and analysing results.
• Lead contract negotiations with legal teams.
• Prepare RFQ responses and present deals to senior management.

Skills

Analytical skills

Critical thinking

Relationship management

Communication skills

Multi-tasking

Education

Qualified actuary

Job description

Director, Pricing & Deal Structuring Actuary page is loaded

Director, Pricing & Deal Structuring Actuary

Apply locations London, England time type Full time posted on Posted 30+ Days Ago job requisition id R2042371

Location

London - One Canada Square, Level 26

Business - Wealth Solutions

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Responsibilities:

• Pricing of new BPA deals, including reviewing benefit specifications and scheme data, recommending pricing assumptions and analysing results.

• Identify any non-standard pricing features and recommend an appropriate pricing methodology

• Prepare RFQ responses on deals, including all structuring of bespoke solutions for schemes where this is required to facilitate a transaction

• Lead on contract negotiations with the support of the Chief Origination Officer and BAC UK legal teams

• Preparing pricing packs and presenting deals to the Senior Management Committee for approval

• Proactively engage with the risk function on deals to support the approval process

• Liaise with EBC’s and Independent Trustees on pipeline and deals

• Attend pitches where needed on a deal

Required Skills and Experience:

• Qualified actuary with 9-15 years’ experience

• At least 1 years’ experience pricing and/or deal structuring UK BPA deals

• Insurance sector experience and knowledge of UK pensions/ bulk annuities

• Excellent critical thinking and analytical skills, with the ability to collect, organize, analyse and disseminate information with attention to detail and accuracy

• Ability to multi-task, prioritize deliverables, and work well under pressure and deadlines

• Possesses high professional standards and exemplifies exceptional integrity and credibility with strong relationship management skills

• Works well in a team-based environment

• Strong oral and written communication skills

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.

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Brookfield Asset Management is a leading global alternative asset manager with over US$1 trillion of assets under management across real estate, infrastructure, renewable power and transition, private equity and credit. Brookfield owns and operates long-life assets and businesses, many of which form the backbone of the global economy. Utilizing its global reach, access to large-scale capital and operational expertise, Brookfield offers a range of alternative investment products to investors around the world—including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies and private wealth investors. Brookfield Asset Management Ltd. (BAM) is a public company listed on the New York (NYSE: BAM) and Toronto (TSX: BAM) stock exchanges. Brookfield Corporation is a public company listed on the New York (NYSE: BN) and Toronto (TSX: BN) stock exchanges.