Head of Bulk Annuity Projects

4 weeks ago


Potters Bar, Hertfordshire, United Kingdom CLFIS Limited Full time
Job Purpose

To lead bulk annuity strategic projects and ensure appropriate actuarial controls and monitoring of pricing are in place. Working with colleagues across the company, including LifeCo companies and embedding new processes for CLL.

Key Responsibilities
  • Lead a team of qualified actuaries and trainees that are responsible for the development & pricing of bulk annuities under bulk annuity strategic projects.
  • Communicate to and influence Senior Executives on the impact, pricing and otherwise, of bulk annuity quotations under strategic projects.
  • Develop, gain approval and execute pricing & reinsurance arrangements for bulk annuity strategic projects to widen market opportunity, improve competitiveness, capital efficiency and profitability of bulk annuities.
  • Review and produce actuarial reports, including pricing reports, and statements.
  • Provide support to strategic project programmes as required, including external negotiations, and contribution to the bulk annuity strategy.
Requirements
  • Previous experience of managing a team and resource planning is essential.
  • Knowledge of UK Bulk Annuity markets and reinsurance structures.
  • Analysing and reasoning skills, to reach sound and defensible conclusions / recommendations based on data but being pragmatic as situation and needs dictate.
  • Ability to apply actuarial techniques to business problems.
  • Influencing skills in order to manage a range of stakeholders to enable delivery of desired objectives.
  • Strong communicator with the ability to communicate complex technical and pricing concepts to a variety of stakeholders.
  • Able to build relationships with people at all levels.
  • Understanding and ability to implement/maintain an actuarial control framework.
Benefits

We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that's regularly reviewed. As a CLFIS Limited colleague, you'll receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with, income protection, private medical insurance and life assurance.

Our Culture

We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face into things together and find a way forward.



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