Actuarial Pricing Specialist

10 hours ago

Potters Bar, Hertfordshire, United Kingdom Canada Life Limited Full time
Job Summary

We are seeking a qualified actuary to join our bulk annuity pricing team at Canada Life Limited. As a key member of our team, you will be responsible for providing pricing recommendations and working with the wider BPA team to achieve annual new business targets.

Key Responsibilities
  • Develop and maintain pricing models and bases that adhere to Canada Life's risk tolerances and are scalable for future growth.
  • Collaborate with investment front office to identify suitable assets to support bulk annuity transactions.
  • Work with reinsurance actuaries to ensure reinsurance is appropriately incorporated within quotations.
  • Review legal agreements and contribute to contract negotiations with external stakeholders.
  • Support business development and relationship management.
  • Manage stakeholders and ensure compliance with risk governance.
  • Stay up-to-date with industry issues and developments to ensure business processes and strategies are aligned with industry standards.
Requirements
  • Strong knowledge of UK Defined Benefit pensions.
  • Familiarity with bulk annuity market and products.
  • Understanding of capital modelling and profit testing.
  • Experience of managing stakeholders.
  • Strong communication skills (able to communicate technical issues to senior people including non-actuaries).
  • Understanding and ability to implement/maintain an actuarial control framework.
  • Qualified actuary.
What We Offer

We offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life 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. We have a fantastic number of other benefits and support services as well as regular personal and professional development.

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.

Diversity and Inclusion

We believe in the power of great people from different backgrounds, experiences, and perspectives coming together to build better futures. Emerging talent is crucial to our growth and creating an environment that continues to inspire us all.

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