Pensions Pricing Actuary

Rothesay Graduates; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

Rothesay in London seeks a Pricing Actuary to join the New Business Pricing team. You will price, underwrite and execute new business opportunities, ranging from BPA deals to large transactions.

Ideal candidates have 2+ years PQE, strong actuarial modelling, and DB pension knowledge, including GMP and anti-franking. This permanent role reports to the Head of New Business Pricing and interfaces with senior leadership.

Qualifications

• 2 years PQE with actuarial modelling in an EBC or life insurer.
• Ability to apply professional judgment to underwriting risks of new transactions.
• Knowledge of DB pension features including GMP, Barber, revaluation and anti-franking.
• Degree in a numerical subject and/or IFoA qualification.
• Strong Excel skills for modelling and analysis.

Responsibilities

• Modelling by-member scheme benefits in Rothesay's valuation system.
• Underwriting and proposing demographic assumptions from pension populations.
• Liaising with brokers during pricing, alongside Business Development.
• Producing new deal economics and drafting approvals materials.
• Calculating premiums and preparing proposal documentation.
• Collaborating with external legal counsel on benefit risks and contract docs.
• Providing input on underwriting policy and pricing levels.
• Monitoring risks exposure across Rothesay's transactions.

Skills

Actuarial modelling

Professional judgment

DB pension knowledge

GMP awareness

Barber understanding

Anti-franking knowledge

Strong Excel

Education

Numerical degree

IFoA qualification

Tools

Excel

Valuation system

Job description

Rothesay in London seeks a Pricing Actuary to join the New Business Pricing team. You will price, underwrite and execute new business opportunities, ranging from BPA deals to large transactions.

Ideal candidates have 2+ years PQE, strong actuarial modelling, and DB pension knowledge, including GMP and anti-franking. This permanent role reports to the Head of New Business Pricing and interfaces with senior leadership.