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Life Insurance, Actuary

JR United Kingdom

London

On-site

GBP 72,000 - 85,000

Full time

4 days ago
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Job summary

A leading Life Insurance firm in the UK seeks a fully qualified actuary to enhance their Bulk Purchase Annuity (BPA) team. This role involves executing strategies, leading knowledge on DB pensions, and maintaining relationships with third-party providers. Ideal candidates will have a minimum of 1-2 years post-qualification experience and a strong understanding of the BPA market.

Qualifications

  • 1-2 years post-qualification experience (total of 4-6 years).
  • Strong UK DB pensions knowledge.
  • Understanding of profit testing and pricing.

Responsibilities

  • Execution and implementation of BPA proposition strategy.
  • Communicating strategy changes to stakeholders.
  • Lead knowledge in regard to DB pensions and BPA market.

Skills

DB pensions knowledge
Understanding of BPA market
Profit testing and pricing techniques

Education

FIA, fully qualified Actuary

Job description

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Salary: £72,000-85,000 +bonus and benefits

I am exclusively partnered with a leading Life Insurance firm in an exciting opportunity for a qualified actuary. You will drive proposition strategy and implementation within a successful Bulk Purchase Annuity (BPA) team. The team are going through a significant growth period as a bulk annuity provider.

The role

  • Execution and implementation of BPA proposition strategy
  • Lead knowledge in regard to DB pensions and the BPA market, relating to competitive propositions
  • Communicating strategy changes to stakeholders and internal teams
  • Develop and maintain external relationships (legal, third-party providers, trustees
  • Working on a project basis

The individual

  • FIA, fully qualified Actuary with 1-2 years post-qualification experience (total of 4-6 years)
  • Strong UK DB pensions knowledge
  • An understanding of the BPA and reinsurance market
  • An understanding of profit testing, pricing and modelling techniques

Please only apply to this role if you are a fully qualified actuary and do not require sponsorship. Applications that do not meet the minimum requirements will be rejected.

Please get in touch for further details on the client and role, or apply below, and I will be in touch:

**Sponsorship not offered for this role**

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