PRT Pricing Actuary: Lead BPA Cashflow Modelling

Standard Life plc; Telford; Hybrid; GBP 65,000 - 85,000; Full time

Benefits offered by this job

Private medical cover

38 days annual leave

Excellent pension

Life assurance 12x salary

Career breaks

Income protection

Volunteering days

Job summary

Standard Life plc is seeking a Pricing Actuary to join the Pension Risk Transfer (PRT) team. The role focuses on leading complex pricing, cashflow modelling and in-force transaction activity for Bulk Purchase Annuities, supporting a fast‑growing retirement business in the UK.

You will work with Pricing Managers and stakeholders to deliver robust models, while coaching junior colleagues and ensuring timely delivery in a hybrid London/UK office environment.

Qualifications

• Be a qualified Actuary.
• Strong technical knowledge of defined benefit pensions.

Responsibilities

• Work with Pricing Managers on ongoing management of Bulk Purchase Annuity transactions.
• Lead cash flow and pricing model development for BPAs with robust controls.
• Collaborate with internal/external stakeholders on data cleanses and GMP equalisation.
• Coach and develop junior team members.
• Lead project management to meet contractual requirements and timescales.
• Document, run and maintain actuarial models.
• Present technical content to internal and external stakeholders.

Skills

Actuary qualification

Problem solving

Communication

Analytical

Job description

Standard Life plc is seeking a Pricing Actuary to join the Pension Risk Transfer (PRT) team. The role focuses on leading complex pricing, cashflow modelling and in-force transaction activity for Bulk Purchase Annuities, supporting a fast‑growing retirement business in the UK.

You will work with Pricing Managers and stakeholders to deliver robust models, while coaching junior colleagues and ensuring timely delivery in a hybrid London/UK office environment.