Reinsurance Actuary

The Actuary; Greater London; Hybrid; GBP 90,000 - 130,000; Full time

Job summary

Oliver James is exclusively representing a leading UK insurer in a Reinsurance Actuary role within its BPA team, focused on longevity pricing and end-to-end reinsurance transactions.

The role offers exposure to pricing, structuring, negotiation and execution across PRT, longevity swaps, funded reinsurance and back-book deals, working with reinsurers and senior stakeholders in a London-based team.

Qualifications

• Qualified Actuary with up to 5 years PQE.
• Longevity pricing experience.
• Strong technical and analytical capability.
• Experience with cashflow modelling and large datasets.
• BPA/PRT or wider reinsurance exposure is highly relevant.
• Programming or coding experience is a useful additional skill.

Responsibilities

• Work across BPA reinsurance activity from analysis to pricing.
• Engage in structuring, negotiation and execution of transactions.
• Collaborate with reinsurers and senior stakeholders on live deals.
• Gain exposure to a rapidly developing BPA market.

Skills

Longevity pricing

Cashflow modelling

Large datasets

Programming / coding

Education

Qualified Actuary (up to 5 years PQE)

Job description

Reinsurance Actuary - BPA & Longevity

London | Permanent | Qualified Actuary

Oliver James are exclusively representing a leading UK insurer on a Reinsurance Actuary opportunity within its growing BPA team.

This is a transaction-focused role for a Qualified Actuary with longevity pricing experience who wants exposure to the full reinsurance lifecycle - from analysis and pricing through to structuring, negotiation and execution.

The Opportunity

You’ll work across a broad range of BPA reinsurance activity, including:

• Pension Risk Transfer (PRT)
• Longevity swaps
• Funded reinsurance
• Back-book transactions
• Longevity pricing and experience analysis

The role is technically focused, with a commercial element. You’ll work directly with reinsurers and alongside senior stakeholders, gaining exposure to live transactions.

What We're Looking For

• Qualified Actuary with up to 5 years PQE
• Strong longevity pricing experience
• Strong technical and analytical capability
• Experience with cashflow modelling and large datasets
• BPA/PRT or wider reinsurance exposure is highly relevant
• Programming or coding experience is a useful additional skill.

Why This Role?

A chance to move beyond a traditional actuarial pricing role and work on varied, live reinsurance transactions within a rapidly developing area of the BPA market.

The team is looking for someone who can make an impact from day one, with the opportunity to broaden their transaction experience and develop towards greater responsibility as the team grows.

London-based team | 2 days per week in the office ideally