Senior Associate, Pricing & Deal Structuring Actuary

Brookfield Asset Management; London; On-site; GBP 60,000 - 85,000; Full time

Job summary

A leading company in financial services seeks a Senior Associate in Pricing & Deal Structuring to join their London office. This role involves pricing new BPA deals, contract negotiations, and collaborating with stakeholders to support transactions in the insurance sector. Ideal candidates will have a strong actuarial background, excellent analytical skills, and the ability to work in a dynamic team environment.

Qualifications

• 3-8 years experience in actuarial roles.
• Minimum 1 year in pricing and/or deal structuring for UK BPA deals.
• Experience in the insurance sector with knowledge of UK pensions and bulk annuities.

Responsibilities

• Pricing of new BPA deals and recommending pricing assumptions.
• Preparing RFQ responses and leading contract negotiations.
• Engaging with risk functions and liaising with trustees on deals.

Skills

Critical thinking

Analytical skills

Relationship management

Communication skills

Teamwork

Education

Qualified actuary

Job description

Senior Associate, Pricing & Deal Structuring Actuary page is loaded

Senior Associate, Pricing & Deal Structuring Actuary

Apply locations London, England time type Full time posted on Posted 30+ Days Ago job requisition id R2042370

Location

London - One Canada Square, Level 26

Business - Wealth Solutions

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

Brookfield Culture

Brookfield has a unique and dynamic culture. We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader: Entrepreneurial, Collaborative and Disciplined. Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.

Job Description

Responsibilites:

• Pricing of new BPA deals, including reviewing benefit specifications and scheme data, recommending pricing assumptions and analysing results.
• Identify any non-standard pricing features and recommend an appropriate pricing methodology
• Prepare RFQ responses on deals, including all structuring of bespoke solutions for schemes where this is required to facilitate a transaction
• Lead on contract negotiations with the support of the Chief Origination Officer and BAC UK legal teams
• Preparing pricing packs and presenting deals to the Senior Management Committee for approval
• Proactively engage with the risk function on deals to support the approval process
• Liaise with EBC’s and Independent Trustees on pipeline and deals
• Attend pitches where needed on a deal

Required Skills and Experience:

• Qualified actuary with 3-8 years experience
• At least 1 years’ experience pricing and/or deal structuring UK BPA deals
• Insurance sector experience and knowledge of UK pensions/ bulk annuities
• Excellent critical thinking and analytical skills, with the ability to collect, organize, analyze and disseminate information with attention to detail and accuracy
• Ability to multi-task, prioritize deliverables, and work well under pressure and deadlines
• Possesses high professional standards and exemplifies exceptional integrity and credibility with strong relationship management skills
• Works well in a team-based environment
• Strong oral and written communication skills

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it. Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.