Senior Pricing Analyst, S&R

Pacific Asset Management, LLC; Greater London; On-site; GBP 50,000 - 70,000; Full time

Benefits offered by this job

25 days of annual leave

Comprehensive private insurance

Generous enhanced parental leave

Subsidized gym membership

Cycle to Work scheme

Job summary

Pacific Asset Management, LLC is seeking a Senior Pricing Analyst to join their Savings & Retirement Deal Pricing team in Greater London. This role focuses on cashflow and capital modeling, managing pricing tools, and collaborating on client solutions.

Ideal candidates possess strong technical skills, experience in pricing, and the ability to adapt in a dynamic team environment. Benefits include generous leave policies, comprehensive healthcare, and wellness programs.

Qualifications

• Strong technical skills to build/run actuarial models, including pricing tools.
• Prior experience in pricing is an advantage.
• Ability to work independently and critically review model outputs.

Responsibilities

• Focus on cashflow & capital modeling for pricing.
• Compile deal metrics to meet pricing hurdles & governance.
• Collaborate with client solutions to optimize deal structures.

Skills

Actuarial modeling

Cashflow & capital modeling

Excel

Communication

Market risk understanding

Education

Student member of IFoA or SOA

Tools

Tyche modeling software

VBA programming

Job description

Job Title: Senior Pricing Analyst, S&R

Overview

The Savings & Retirement Deal Pricing team is responsible for producing fees & premiums to send to clients in our global markets. The team covers a range of products across the bulk annuity market in Europe & North America, individual retirement products and a range of savings & protection benefits. Transactions span different structures including funded, longevity swaps and new business flow deals.

Key Responsibilities

• Focus on cashflow & capital modeling, ensuring specific products & risks are appropriately captured in pricing.
• Produce deal metrics to meet pricing hurdles & governance requirements.
• Collaborate with client solutions team to optimize deal structures, providing a strong commercial package while maintaining an efficient capital structure for PL Re.
• For funded deals, coordinate with S&R PPS team and Pacific Life Investments team to set an investment strategy that matches liabilities & client needs.
• Handle pricing activities related to treaty execution, forwarding required information to the S&R inforce management team for implementation.
• Take ownership of existing pricing tools (Tyche models and Excel models), managing production of pricing quotes and upgrading tools as required.
• Identify inefficiencies in pricing processes & controls and implement improvements.
• Apply knowledge of macroeconomic assumptions (interest rates, credit spreads, FX) to pricing.
• Obtain and interpret investment data from Bloomberg and investment teams.
• Understand drivers of capital requirements for S&R products across different reinsurance structures (economic capital, BMA, NAIC RBC).
• Collaborate with insurance pricing and asset management teams on benefit structures and investment assumptions.
• Develop strategies with client solutions team to manage risks such as currency, inflation, etc.

Qualifications & Experience

• Strong technical skills to build/run actuarial models, including pricing tools.
• Prior experience in pricing is an advantage; broad understanding of mortality and/or market risk modeling is needed.
• Student member of IFoA or SOA and actively progressing through professional exams.
• Ability to work independently, critically review model outputs, and sense‑check results.
• Adaptable, thrives in a flexible, dynamic team with occasional high‑pressure deadlines.
• Proficient in Excel and actuarial modeling software (Tyche or similar).
• Solid grasp of market risks (interest rates, FX, credit spread, liquidity) and their impact on insurance capitalization.
• Strong communication skills and ability to explain complex actuarial concepts verbally and in writing.
• Additional skills are welcome: pension risk transfer markets, life‑insurance balance sheet/capital regimes, programming in VBA or Tyche.

Benefits (Permanent and Fixed‑Term Employees)

• 25days of annual leave (option to buy/sell additional days)
• Adoption and fertility leave
• Generous enhanced parental leave
• Healthcare: Comprehensive private insurance coverage for employee and dependents
• Group Life Insurance: 9× basic annual salary
• Group Income Protection: up to 75% of basic annual salary
• Optical benefits
• 15% combined employee/employer contributions for Savings & Retirement
• Wellness: subsidized gym membership
• Employee Assistance Program
• Cycle to Work and Electric Car salary sacrifice scheme
• Time off for volunteering
• Charitable matching of employee donations

EEO Statement

We are committed to providing reasonable adjustments during the recruitment process to ensure equal access for applicants with disabilities. Please let us know your needs so we can discuss suitable adjustments.