Reinsurance Actuary: Lead Pricing & Treaty Design

The Actuary; Aylesbury; Hybrid; GBP 85,000 - 120,000; Full time

Job summary

The Actuary, a UK life insurer, seeks a Qualified Actuary to join its actuarial team with a focus on reinsurance pricing, structuring and implementation. The role supports capital and risk management through close collaboration with senior stakeholders.

Responsibilities include leading pricing activities, developing internal and external relationships, and designing capital-efficient solutions for longevity, lapse and mortality risks while overseeing treaties and regulatory reporting.

Qualifications

• Qualified Actuary with UK life insurer experience.
• Experience in actuarial/pricing/reporting in a UK life insurer or reinsurer.
• Strong understanding of reinsurance pricing, treaty structures and administration.
• Knowledge of UK Defined Benefit pensions and longevity risk transfer.
• Experience with longevity swaps and flow reinsurance treaties.
• Strong stakeholder management and communication skills for senior audiences.

Responsibilities

• Lead reinsurance pricing activities, engaging with reinsurers and negotiating commercial and technical terms.
• Develop and maintain relationships with internal stakeholders and external reinsurance counterparties.
• Work with the Chief Actuary, BPA Pricing team and Head of Reporting to design and implement capital-efficient solutions for longevity, lapse and mortality risks.
• Oversee the implementation and ongoing operation of reinsurance treaties, including collateral arrangements, administration and reporting.
• Provide technical guidance and mentorship to junior members of the actuarial and pricing teams.
• Ensure compliance with FCA and PRA regulatory requirements and reporting obligations.

Skills

Reinsurance pricing

Treaty structures

Stakeholder management

Regulatory reporting

Longevity risk transfer

Education

Qualified Actuary

Job description

The Actuary, a UK life insurer, seeks a Qualified Actuary to join its actuarial team with a focus on reinsurance pricing, structuring and implementation. The role supports capital and risk management through close collaboration with senior stakeholders.

Responsibilities include leading pricing activities, developing internal and external relationships, and designing capital-efficient solutions for longevity, lapse and mortality risks while overseeing treaties and regulatory reporting.