Manager, Individual Retirement Income, S&R

Pacific Asset Management, LLC; London; On-site; GBP 70,000 - 100,000; Full time

Job summary

A financial services firm is seeking a Manager for Individual Retirement Income in London to drive the expansion into the Dutch pension market. This role involves developing innovative propositions, managing client relationships, and contributing to overall strategy. The ideal candidate will have a strong analytical background, familiarity with actuarial principles, and excellent communication skills. This position offers a competitive salary along with comprehensive benefits aimed at promoting a balanced work-life culture.

Benefits

25 days annual leave

Comprehensive private insurance

Subsidized gym membership

Charitable matching of employee donations

Qualifications

• Prior experience in (re)insurance pricing or technical teams.
• Very strong understanding of actuarial principles.
• High focus on innovation and solution mindset.

Responsibilities

• Support the development of new retirement income propositions.
• Build and own relationships with clients.
• Secure new business opportunities including timely responses to tenders.

Skills

Strong analytical skills

Innovative mindset

Effective communication

Organizational skills

Education

FIA, FFA or equivalent

Job description

Manager, Individual Retirement Income, S&R page is loaded

Manager, Individual Retirement Income, S&R

Apply locations London, UK time type Full time posted on Posted 3 Days Ago job requisition id R14844

Job Title

Manager, Individual Retirement Income, S&R

Job Description

The Role

This key strategic role is to support the expansion of our recent entry into the Individual Retirement Income market In the Netherlands.

The role will focus on supporting the proposition development, sales, client relationships, structuring, execution and ongoing management of transactions in the Dutch individual retirement income market and other related projects that arise over time. Other projects will involve supporting the development of wider global longevity and funded flow propositions.

Based in London, you will work with the VP Individual and Flow and the wider Individual Retirement Income and Continental Europe teams.

You’ll be working in a company that values your technical skills, the innovative ideas and solutions you bring into the work you do, and your ability to communicate those ideas effectively. As a member of the wider Savings and Retirement community the incumbent is expected to help promote a culture across Savings & Retirements consistent with the Pacific Life Re target culture and consistent with the company’s Principles and Behaviours.

Within Savings and Retirement we have a vision to be Partnering with our clients globally to provide stability and confidence in retirement.

Key Responsibilities

• Support the development of innovative new retirement income propositions to leverage the opportunities presented by the reforms of the Dutch pension system. To include reinsurance pricing tools and potentially education and guidance tools, leveraging where possible global S&R and/or Pacific Life capabilities and technology
• Working closely and collaboratively with the Continental Europe team to build and own relationships with our clients – insurers, pension schemes, consultants, advisers and other key parties within the Dutch individual retirement market. Contribute to thought leadership pieces, as part of building a further growth strategy within this market.
• Develop, manage and secure new business opportunities, including working closely with the Continental Europe, Global S&R Insurance and Deal Pricing Teams to deliver timely, high-quality responses to client invitations to tender and/or proactive client pitches, meeting internal risk management standards
• Assist and lead on parts of the further development of strategy for the Dutch individual retirement income market expansion and wider longevity and funded flow reinsurance propositions
• Support deal structuring efforts and transaction negotiations, working alongside pricing teams and our internal and external legal counsel. Support the operationalisation of new business flow opportunities and the ongoing management of flow deals once in place.

Qualifications & Expertise

Essential

• FIA, FFA or equivalent
• Prior work experience in (re)insurance pricing or other technical teams
• Very strong understanding of actuarial principles and processes
• Very strong technical, analytical and communication skills with a proven ability to understand and question pricing and / or capital bases.
• Good organisational and time management skills
• In depth understanding of risk frameworks and controls.
• High focus on Innovation and solution mindset
• Enthusiastic, with a keen drive and focus

Desirable

• experience in and understanding of individual annuity pricing and rates
• Experience in the Dutch pension and/or insurance market
• experience of proposition innovation and product development cycle
• knowledge of the local regulatory environment
• impactful presenter and influencer.

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

• 25 days of annual leave with option to buy/sell more days

• Adoption and fertility leave

• Generous enhanced parental leave

Healthcare

• Comprehensive private insurance coverage for employee and dependents

• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary

• Optical benefits

Savings & Retirement

• 15% combined employee/employer contributions

Wellness

• Subsidized gym membership

• Access to Employee Assistance Program

• Cycle to Work and Electric Car Salary Sacrifice Scheme

• Time off for volunteering

• Charitable matching of employee donations

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values

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At Pacific Life Re, our vision is to bring an innovative and dynamic approach to the marketplace. Our global team is not afraid to disrupt and challenge industry thinking to provide the best life and health reinsurance services possible.
Working in some of the most complex and fast-moving markets has taught us that knowledge and innovation go hand in hand. Today, we are continuing our rapid growth internationally with offices across Europe, Asia, North America, Australia, and Bermuda.
With over 1000 employees across the globe, we take pride in our inclusive culture, underpinned by our values and behaviours, providing an environment where everyone can grow and develop.