Senior Actuary
3 weeks ago
There is an opportunity for a qualified actuary to join the bulk annuity pricing team. Successful applicants will be responsible for providing pricing recommendations and working with the wider BPA team to achieve annual new business targets.
- Location: Potter Bar/Hybrid
- Category: Actuarial
- Type: Permanent
Key Accountabilities
- Responsible for quotations and providing pricing recommendations for bulk annuity buy-ins and buy-outs
- Liaising with investment front office to identify suitable assets to support bulk annuity transactions
- Team working with reinsurance actuaries to ensure reinsurance appropriately incorporated within quotations
- Reviewing legal agreements and contributing to contract negotiations with external stakeholders
- Qualified actuary
- Strong knowledge of UK Defined Benefit pensions
- Strong communication skills (able to communicate technical issues to senior people including non-actuaries)
- Familiarity with bulk annuity market and products
- Understanding of capital modelling and profit testing
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