Pricing Lead - Newly Qualified Actuary

JR United Kingdom; Watford; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading financial services company in Watford seeks a Pricing Lead, preferably a nearly or newly qualified actuary, to join their pricing team. This role involves checking DB pension scheme data, mentoring junior staff, and supporting pricing model improvements. The successful candidate will enjoy a positive work environment and strong career growth potential.

Benefits

Positive working environment

Excellent career development prospects

Qualifications

• Nearly or newly qualified actuaries with knowledge of DB pension schemes.
• Experience in pension/cashflow modelling is advantageous.

Responsibilities

• Check the modelling of DB pension scheme cashflows using valuation systems.
• Support and mentor junior team members.
• Carry out BPA pricing including Solvency II and UK GAAP.

Skills

Knowledge of defined benefit pension schemes

Annuity pricing

Cashflow modelling

Mentoring skills

Education

Qualified Actuary

Job description

Social network you want to login/join with:

Pricing Lead - Newly Qualified Actuary, Watford, Hertfordshire

Client: Front Row Recruitment

Location: Watford, Hertfordshire, United Kingdom

Job Category: Other

EU work permit required: Yes

Job Views: 5

Posted: 16.06.2025

Expiry Date: 31.07.2025

Job Description:

Due to growth, my client, a leading financial services company, is currently seeking a nearly or newly qualified actuary to join their pricing team.

The role involves checking the preparation and analysis of Defined Benefit (DB) pension scheme data for pricing, including methods and assumptions for addressing data gaps. Duties will include:

1. Checking the modelling of DB pension scheme cashflows using valuation systems.
2. Supporting and mentoring junior team members.
3. Carrying out BPA pricing, including Solvency II, UK GAAP, and IFRS17 reporting.
4. Providing support to managers and colleagues to implement recommendations and facilitate change in pricing models.
5. Performing ad hoc tasks as required.
6. Ensuring compliance with the FCA’s conduct and Consumer Duty rules, as well as the PRA’s conduct standards.

Applicants are likely to be nearly or newly qualified Actuaries with knowledge of defined benefit pension schemes, annuity pricing, and bulk purchase annuities. Experience in pension/cashflow modelling would be advantageous.

This is a great opportunity to join an award-winning company offering a positive working environment and excellent career development prospects.