Senior Post-Transaction Pricing Lead (Pension Risk)

107632 Capital Markets Operations; Greater London; Hybrid; GBP 100,000 - 140,000; Full time

Benefits offered by this job

Bonus

Private medical cover

38 days annual leave

Excellent pension

Life assurance (12x salary)

Volunteering days

Job summary

Standard Life is seeking a Post-Transaction Pricing Manager to lead our Post-Transaction Pricing (PTP) activity within the Pension Risk Transfer team in the UK. You will shape the pricing basis, ensure accurate bulk annuity pricing, and drive improvements in governance and controls across post‑transaction servicing.

Working closely with the Deal Team, Client Services, Risk and Audit, you will mentor colleagues, manage data and pricing adjustments, and help deliver high‑quality customer and

Qualifications

• Experience in pensions or insurance with bulk annuity pricing
• Familiarity with governance and controls for PRT transactions
• Comfort working with multiple stakeholder groups

Responsibilities

• Lead the ongoing development and management of the Post‑Transaction Pricing operating model.
• Oversee Post‑Transaction Adjustments and associated governance, ensuring activity is delivered accurately and efficiently.
• Lead engagement with Client Services regarding data cleanse adjustments, benefit augmentations, GMP equalisation implementation, and residual risk cases.
• Identify opportunities to improve the efficiency, scalability and customer outcomes of Post‑Transaction Pricing activities.
• Manage the end‑to‑end process for communicating post‑transaction pricing adjustments, augmentations and data cleanse outcomes to Finance, supporting investigation and resolution of any queries arising from financial reporting, reserving or accounting impacts.
• Review and sign off bulk annuity pricing, ensuring adherence to the agreed pricing basis.
• Work with the PRT Deal Team and wider business to maintain and develop pricing methodology.
• Provide technical and commercial leadership for all pricing activities arising after PRT transaction execution, whilst influencing the design and delivery of new business propositions to ensure they can be effectively implemented throughout the lifetime of the contract.
• Lead engagement with Risk and Audit functions, including audit compliance and oversight activities.
• Support the implementation, development and ongoing management of technologies used by the PRT Deal Team.
• Ownership of benefit specification and contractual pricing governance, ensuring that post‑transaction benefits, contractual changes and pricing outcomes are accurately reflected in legal documentation, operating processes and customer communications.
• Support resource planning and prioritisation across the PRT Deal Team alongside PRT Transaction Managers.
• Work closely with PRT Deal Team Senior Leadership to deliver team priorities and continuous improvement initiatives.
• Lead, coach and mentor team members, supporting their development and helping to build a high‑performing team.

Skills

Bulk annuity pricing

Pricing methodologies

Governance & controls

Leadership

Stakeholder collaboration

Education

Fellow of the Institute and Faculty of Actuaries

University degree or equivalent

Tools

Pricing software

Job description

Standard Life is seeking a Post-Transaction Pricing Manager to lead our Post-Transaction Pricing (PTP) activity within the Pension Risk Transfer team in the UK. You will shape the pricing basis, ensure accurate bulk annuity pricing, and drive improvements in governance and controls across post‑transaction servicing.

Working closely with the Deal Team, Client Services, Risk and Audit, you will mentor colleagues, manage data and pricing adjustments, and help deliver high‑quality customer and