![PIC](https://media.trabajo.org/img/noimg.jpg)
Pricing and Funded Reinsurance Manager
1 month ago
Our Origination department is seeking to recruit a Pricing and Funded Reinsurance Manager on a part time basis, reporting to our Head of Pricing and Funded Reinsurance who is responsible for optimising pricing, playing a leading role in developing PIC's Pricing assumptions and Funded Reinsurance strategy.
The role will:
- drive implementation of assumptions and strategies, providing market and technical knowledge to aid cross-departmental projects in both pricing and Funded Reinsurance areas, as well as taking on a senior Deal Lead role on select new business transactions; and
- support the Head of Pricing and Funded Reinsurance as well as supporting all senior Deal Leads in the team on larger transactions from a pricing and Funded Reinsurance perspective; and
- be a key participant in executing new Funded Reinsurance arrangements and onboarding new counterparties
The role requires the ability to effectively collaborate with members of the Origination team, along with other key functions around the business, specifically; Risk, Investments and Finance to secure their buy-in and implement improvements to systems, processes, and technology, as appropriate.
You will apply knowledge and insights concerning the development of pricing assumptions and the use and implementation of Funded Reinsurance and how this impacts our shareholders and policyholders. You will also deliver strong business outcomes relating to capital, profitability, the Company brand and market reputation whilst achieving positive outcomes for our policyholders and shareholders on a consistent basis.
Our Company values are expected to be reflected in the delivery and performance of every role.
Your specific accountabilities will be:
- Conducts thorough analysis of quotations from the reinsurance market to develop opportunities for new business transactions.
- Responsible for ensuring existing Funded Reinsurance treaties are maintained and collateral is monitored on an ongoing basis.
- Prepare comprehensive reports reflective of the intended audience that demonstrate sound analysis and recommendations for new funded reinsurance arrangements as part of the new business strategy.
- Effectively collaborates with other members of the Origination team, Reinsurance, Finance, and Investments to understand the impact of proposals on the wider business.
- Developing working relationships with existing and new funded reinsurance counterparties.
- Takes ownership for their own learning and development in both technical (e.g. data analysis and critical judgement) and non-technical (self-insight and relationship management) skills of reinsurance and new business pricing.
- Keeps informed of industry trends, market developments, regulatory changes in the public and private sectors, as well as best practices related to funded reinsurance and bulk annuities by attending industry seminars, reading, and sharing relevant published articles.
Requirements
Experience
- Qualified Actuary
- Experience in developing pricing assumptions
- Experience of delivering new structural partnerships
- Direct experience in bulk annuity reinsurance and funded re transactions
- Experience working in a corporate or consulting environment, the majority in bulk annuity insurance, reinsurance or structuring
Knowledge
- Good technical knowledge of defined benefit pensions and reinsurance market
- Established knowledge of data and mortality analysis
- Familiar with reinsurance pricing and collateral arrangements
- Deep understanding of longevity risk
- Understanding of Solvency II and Solvency UK
Skills
- Strong organisational skills
- Excellent communication and interpersonal skills to be able to build and develop relationships
- Ability to persuade and influence both directly and indirectly
- Ability to manage people and other resources effectively
- Ability to organize work to meet competing deadlines
- Ability to work within defined procedures as recommended by functional teams
- Commercial judgement
- Good working knowledge of MS software, accounting software beneficial but not essential (e.g. RAFM)
Desirable personal attributes
- Intellectually curious with a willingness to learn through own research.
- Strong problem-solving skills utilising consultative questioning to challenge current norms and drive change within the business function.
- Form relationships and be influential with potential clients, client advisers and reinsurance counterparties.
- Effective communicator and influencer - structures insights into clear messages and effectively engages others within business function, as well as internal stakeholders, professional and regulatory bodies
- Innovative thinker - positive attitude to change and a willingness to embrace new ideas and techniques to improve performance
Benefits
In addition to a competitive base salary and the opportunity to participate in our annual, performance-related bonus plan, upon joining us here at Pension Insurance Corporation, you'll have full study support to qualify as an actuary and will get access to some great benefits, including private medical insurance, 28 days' annual leave (excluding bank holidays), a generous pension scheme and much more.
-
Pricing and Funded Reinsurance Manager
3 weeks ago
London, Greater London, United Kingdom PIC Full timePension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Companywide strategic objectives and driving a...
-
Pricing and Funded Reinsurance Manager
1 month ago
London, Greater London, United Kingdom PIC Full timePension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Companywide strategic objectives and driving a...
-
Reinsurance Pricing Actuary
6 days ago
London, United Kingdom MS Amlin Full timeRole: Reinsurance Pricing Actuary Location: London Position type: Full time, permanent The purpose of this role is to act as the interface for the MS Amlin London business with regards to Actuarial Pricing. The Pricing Actuary will use familiarity with business unit classes, markets and models to provide advice on pricing, model and management information...
-
Reinsurance Pricing Actuary
2 months ago
London, United Kingdom HFG Full timeA market leading broker is looking for a talented nearly/newly qualified reinsurance Pricing Actuary to play a crucial role in the development and growth of their team. This is an excellent opportunity to provide expert analytical support to brokers and clients working across a range of property, casualty and speciality lines. This role also includes but...
-
Reinsurance Pricing Actuary
4 weeks ago
London, United Kingdom HFG Full timeA market leading broker is looking for a talented nearly/newly qualified reinsurance Pricing Actuary to play a crucial role in the development and growth of their team. This is an excellent opportunity to provide expert analytical support to brokers and clients working across a range of property, casualty and speciality lines. This role also includes but...
-
Reinsurance Pricing Actuary
3 weeks ago
London, United Kingdom HFG Full timeA market leading broker is looking for a talented nearly/newly qualified reinsurance Pricing Actuary to play a crucial role in the development and growth of their team. This is an excellent opportunity to provide expert analytical support to brokers and clients working across a range of property, casualty and speciality lines. This role also includes but...
-
Reinsurance Pricing Actuary
3 weeks ago
London, United Kingdom HFG Full timeA market leading broker is looking for a talented nearly/newly qualified reinsurance Pricing Actuary to play a crucial role in the development and growth of their team. This is an excellent opportunity to provide expert analytical support to brokers and clients working across a range of property, casualty and speciality lines. This role also includes but...
-
Reinsurance Pricing Actuary
3 weeks ago
London, United Kingdom HFG Full timeA market leading broker is looking for a talented nearly/newly qualified reinsurance Pricing Actuary to play a crucial role in the development and growth of their team. This is an excellent opportunity to provide expert analytical support to brokers and clients working across a range of property, casualty and speciality lines. This role also includes but...
-
Head of Reinsurance Pricing
7 days ago
London, Greater London, United Kingdom The Actuary Full timeWe are working on a new leadership role with a well-known insurer in London. This will lead a team of 8 actuaries and report directly into the Global Head of Pricing and Underwriting. You will be expected to lead the team, foster strong working relationships with a wide range of stakeholders, and to actively shape reinsurance pricing strategy for the group....
-
Reinsurance Pricing Analyst
2 months ago
London, United Kingdom IPS Group Full timeReinsurance Pricing Analyst I am currently working with major reinsurers within the market who are seeking experienced Insurance Pricing individuals to join their team! My client is looking for individuals at all levels but insurance pricing experience is essential. Please apply below to find out more!
-
Reinsurance Pricing Analyst
2 months ago
London, United Kingdom IPS Group Full timeReinsurance Pricing Analyst I am currently working with major reinsurers within the market who are seeking experienced Insurance Pricing individuals to join their team! My client is looking for individuals at all levels but insurance pricing experience is essential. Please apply below to find out more!
-
Head of Reinsurance Pricing
3 weeks ago
London, United Kingdom The Actuary Full timeWe are working on a new leadership role with a well-known insurer in London. This will lead a team of 8 actuaries and report directly into the Global Head of Pricing and Underwriting. You will be expected to lead the team, foster strong working relationships with a wide range of stakeholders, and to actively shape reinsurance pricing strategy for the...
-
Head of Reinsurance Pricing
3 weeks ago
London, United Kingdom The Actuary Full timeWe are working on a new leadership role with a well-known insurer in London. This will lead a team of 8 actuaries and report directly into the Global Head of Pricing and Underwriting. You will be expected to lead the team, foster strong working relationships with a wide range of stakeholders, and to actively shape reinsurance pricing strategy for the...
-
Reinsurance Pricing Analyst
4 weeks ago
London,, UK, United Kingdom IPS Group Full timeReinsurance Pricing AnalystI am currently working with major reinsurers within the market who are seeking experienced Insurance Pricing individuals to join their team!My client is looking for individuals at all levels but insurance pricing experience is essential.Please apply below to find out more!
-
Reinsurance Pricing Analyst
4 weeks ago
London, United Kingdom IPS Group Full timeReinsurance Pricing AnalystI am currently working with major reinsurers within the market who are seeking experienced Insurance Pricing individuals to join their team!My client is looking for individuals at all levels but insurance pricing experience is essential.Please apply below to find out more!
-
Reinsurance Pricing Analyst
1 month ago
London, United Kingdom IPS Group Full timeJob Description Reinsurance Pricing Analyst I am currently working with major reinsurers within the market who are seeking experienced Insurance Pricing individuals to join their team! My client is looking for individuals at all levels but insurance pricing experience is essential. Please apply below to find out more!
-
Head of Reinsurance Pricing
3 weeks ago
London, United Kingdom The Actuary Full timeWe are working on a new leadership role with a well-known insurer in London. This will lead a team of 8 actuaries and report directly into the Global Head of Pricing and Underwriting. You will be expected to lead the team, foster strong working relationships with a wide range of stakeholders, and to actively shape reinsurance pricing strategy for the...
-
Reinsurance Pricing Analyst
1 month ago
London, United Kingdom IPS Group Full timeReinsurance Pricing AnalystWant to apply Read all the information about this position below, then hit the apply button.I am currently working with major reinsurers within the market who are seeking experienced Insurance Pricing individuals to join their team!My client is looking for individuals at all levels but insurance pricing experience is...
-
Reinsurance Pricing Analyst
4 weeks ago
London, United Kingdom IPS Group Full timeReinsurance Pricing AnalystAll potential candidates should read through the following details of this job with care before making an application.I am currently working with major reinsurers within the market who are seeking experienced Insurance Pricing individuals to join their team!My client is looking for individuals at all levels but insurance pricing...
-
Reinsurance Pricing Analyst
2 months ago
Greater London, United Kingdom IPS Group Full timeReinsurance Pricing AnalystI am currently working with major reinsurers within the market who are seeking experienced Insurance Pricing individuals to join their team!My client is looking for individuals at all levels but insurance pricing experience is essential.Please apply below to find out more!