Pricing Actuary - Longevity Swaps

Actuarial Futures; London; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading global business in reinsurance is seeking a part-qualified or qualified life actuary to support their growth plans. This role involves delivering pricing solutions, designing annuities, and assisting stakeholders with technical analysis. The ideal candidate will have strong communication skills, understanding of longevity reinsurance, and knowledge of Solvency II regulations. This is a significant career opportunity within the industry.

Qualifications

• Part-qualified or qualified life actuary with experience in longevity reinsurance.
• Knowledge of Solvency II/UK insurance regulations.
• Understanding of UK Defined Benefit pensions.

Responsibilities

• Lead in delivering accurate pricing.
• Design and deliver bulk purchase annuities and de-risking products.
• Assist stakeholders with technical analysis and planning.
• Develop transaction structures and reinsurance solutions.
• Communicate findings and present technical concepts.

Skills

Commercial mindset

Technical analysis

Communication skills

Presentation skills

Job description

Overview

Are you a part-qualified or qualified life actuary with a commercial mindset and experience of longevity reinsurance, looking to play a key role within the ambitious growth plans of a leading global business?

Then this is an exceptional opportunity to draw on your longevity skills and act as a vital technical expert within the reinsurance space.

Responsibilities

• Taking the lead in delivering accurate pricing.
• Joining a team responsible for the design and delivery of bulk purchase annuities and alternative de-risking products for Defined Benefit pension schemes.
• Assisting senior stakeholders across the firm with technical analysis, strategy and planning, and supporting the development of new and enhanced modelling capabilities.
• Being instrumental in the ongoing development of transaction structures, reinsurance solutions, and product lines.
• Communicating findings effectively with stakeholders and presenting technical concepts clearly.

Qualifications

• Strong communication and presentation skills; understanding of Solvency II/UK for life insurance.
• Knowledge of UK DB pensions together with non-standard capital and reinsurance structures would be highly valuable.

There is a significant career opportunity within a major player.