Hybrid PRT Pricing Actuary – Post-Transaction Modelling

Standard Life plc; City of Edinburgh; Hybrid; GBP 65,000 - 85,000; Full time

Benefits offered by this job

Bonus

Private medical

Annual leave 38 days

Pension

Life assurance

Career breaks

Income protection

Volunteering days

Job summary

Standard Life plc is seeking a qualified actuary to join our Pension Risk Transfer (PRT) team in a permanent role. You will lead complex pricing, cashflow modelling and in-force transaction activity within Bulk Purchase Annuity projects.

You will collaborate with internal and external stakeholders, manage project timelines, and coach junior team members while contributing to strategic growth of our retirement business. The role offers hybrid working between our offices and home.

Qualifications

• Qualified actuary with pricing and cashflow modelling experience.
• Strong knowledge of defined benefit pensions including GMP calculations.
• Familiarity with Solvency II and the Matching Adjustment in bulk annuity contexts.

Responsibilities

• Lead cash flow and pricing models for BPAs and related transactions.
• Coordinate data cleanses and GMP equalisation with Clients Services and stakeholders.
• Develop, document and run actuarial models with robust controls.
• Present technical content clearly to internal and external stakeholders.
• Coach and develop junior team members.

Skills

Cash flow modelling

GMP modelling

Solvency II

Bulk annuity modelling

Education

Qualified Actuary

Job description

Standard Life plc is seeking a qualified actuary to join our Pension Risk Transfer (PRT) team in a permanent role. You will lead complex pricing, cashflow modelling and in-force transaction activity within Bulk Purchase Annuity projects.

You will collaborate with internal and external stakeholders, manage project timelines, and coach junior team members while contributing to strategic growth of our retirement business. The role offers hybrid working between our offices and home.