Global Actuarial Pricing Leader

Pacific Asset Management, LLC; Greater London; Hybrid; GBP 90,000 - 140,000; Full time

Benefits offered by this job

Private medical insurance

Group life insurance 9x basic salary

Pension contributions 15%

Gym membership

Cycle to work and salary sacrifice

Job summary

Pacific Life Re in London seeks an innovative and technically strong actuary to join the Divisional Pricing team as a Manager reporting to the VP Pricing. The role offers exposure to global markets and collaboration with actuaries, underwriters, data scientists and senior management.

Key responsibilities include robust pricing oversight, deep dives into pricing assumptions, maintaining up-to-date non-decrement assumptions, and leading division-wide pricing projects with a focus on consistency

Qualifications

• Qualified Actuary.
• Ability to work independently in a small, flexible and dynamic team.
• Experience with asset side modelling.
• Strong written and verbal communication skills.
• Experience with statistical methods or a demonstrated interest and eagerness to develop skills in this area.
• Interest in programming and comfortable with or willing to learn software packages, such as Tableau, SQL and R.

Responsibilities

• Build strong working relationships with global actuarial pricing, risk and capital management teams.
• Provide robust oversight to the pricing function through reviewing frontline pricing on large and non-standard quotes.
• Conduct deep dives to understand and ensure appropriateness of current pricing assumptions, applications and methodologies.
• Ensure non-decrement assumptions are up to date and consistent across the division.
• Monitor and report Enterprise Pricing Metrics at product family and PL Re level.
• Drive and contribute to PL Re-wide pricing projects and develop division-wide methodologies and reference libraries.
• Pursue consistency of pricing methodology and process across regions and lines of business by identifying best practices.

Skills

Independent work style

Strong technical skills

Problem solving

Written and verbal communication

Statistical methods

Programming interest (Tableau, SQL, R)

Education

Qualified Actuary

Tools

Tableau

SQL

R

Job description

Pacific Life Re in London seeks an innovative and technically strong actuary to join the Divisional Pricing team as a Manager reporting to the VP Pricing. The role offers exposure to global markets and collaboration with actuaries, underwriters, data scientists and senior management.

Key responsibilities include robust pricing oversight, deep dives into pricing assumptions, maintaining up-to-date non-decrement assumptions, and leading division-wide pricing projects with a focus on consistency