Principal Structuring Actuary (Reinsurance & BPA)

Goodman Masson; New Hampshire; On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

Market-leading bonus for high performers

Job summary

A leading UK life insurer is seeking a Principal Structuring Actuary to enhance reinsurance execution in a strategic buy-side environment. This role involves leading funded reinsurance arrangements, shaping frameworks, and navigating legal documentation. Candidates should have experience in BPA or reinsurance structuring, a strong grasp of annuity reinsurance, and excellent contract negotiation skills. This position offers substantial career development potential within a supportive team culture.

Qualifications

• Experience in structuring reinsurance arrangements and longevity swap novations.
• Ability to influence outcomes across the full BPA chain.
• Strong ability to engage with cross-functional teams.
• Inquisitive mindset – probes and asks the right questions.
• Actuary qualification and/or CFA preferred but not essential.

Responsibilities

• Lead the execution of funded reinsurance arrangements.
• Shape reinsurance frameworks to support business needs.
• Take ownership of legal documentation.
• Take ownership of legal documentation with actuarial insight.

Skills

Experience in the BPA market or reinsurance structuring

Strong understanding of annuity reinsurance, risk transfer or DB pensions

Solid exposure to legal documentation and contract negotiation

Inquisitive mindset

Contract negotiation

Analytical mindset

Education

Qualified actuary and/or CFA

CFA (optional)

Job description

Principal Structuring Actuary (Reinsurance & BPA)

A leading UK life insurer is looking to hire a Principal Reinsurance Structuring Actuary to take a core role in shaping funded reinsurance execution across a major BPA franchise. This is a standout opportunity for someone with BPA or reinsurance structuring experience who wants to step into a more strategic, buy‑side environment with long‑term career growth. The position sits in a highly experienced team with access to a significant balance sheet, offering the chance to work on high‑impact transactions without the deal‑to‑deal pressures found on the reinsurance side.

The Role

• Help lead the execution of funded reinsurance arrangements and longevity swap novations, working closely with BPA Deals, CIO, Finance, Risk, Tax and Reinsurance Operations.
• Shape reinsurance frameworks.
• Support counterparty approvals.
• Take ownership of legal documentation – an area where actuarial expertise combined with contract fluency is particularly valued.

Why this could be the right step

• Opportunity to work on the buy side, with a substantial annuity balance sheet behind you.
• Broader and more strategic exposure than the transaction‑to‑transaction nature of reinsurance.
• Ability to influence outcomes across the full BPA chain, not just the reinsurance component.
• Highly experienced leadership offering strong career development and long‑term stability.
• Interesting, intellectually demanding work involving structuring, legal documents, and cross‑functional engagement.

What's Needed

• Experience in the BPA market or reinsurance structuring.
• Strong understanding of annuity reinsurance, risk transfer or DB pensions.
• Solid exposure to legal documentation and contract negotiation.
• Inquisitive mindset – someone who probes and asks the right questions.
• Qualified actuary and/or CFA preferred but not essential.
• Market‑leading bonus on offer for a high‑performing individual.

If you'd like to explore this opportunity or have an informal chat, feel free to reach out:

Bradley Grant – Senior Executive Consultant
[e-mail]

Seniority level

Mid‑Senior level

Employment type

Full‑time

Job function

Finance

Insurance