Pricing Director for Corporate Risk Solutions

4 weeks ago


London, Greater London, United Kingdom ENGINEERINGUK Full time
About the Role

We are seeking a Pricing Director for Corporate Risk Solutions to join our team at M&G. As a key member of our Pricing team, you will be responsible for running end-to-end pricing for bulk purchase annuities and other de-risking solutions. You will work closely with colleagues from across the business and outsourcing partners to integrate commercial, investment, longevity, reinsurance, balance sheet management, and structuring workstreams into pricing projects.

Key Responsibilities
  • Develop and implement pricing strategies for bulk annuity transactions and other de-risking solutions
  • Collaborate with senior stakeholders across M&G Life to provide technical analysis, strategy, and business planning support
  • Support the development of new and enhanced modelling capability, including tech solutions across the CRS pricing infrastructure
  • Manage commercial outsourcing arrangements and lead pricing projects in partnership with the Treasury and Investment Office, Finance Strategy & Finance Reporting teams
  • Provide study mentoring and wider development support to junior team members
Requirements
  • Commercially minded Actuary with exceptional technical skills
  • Experience of bulk annuity pricing, funded reinsurance, longevity reinsurance, or life insurance balance sheet management required
  • Understanding of UK DB pensions valuable
  • Understanding of Solvency II/UK for life insurance, in particular balance sheet construction, liability discounting, asset strategy & ALM valuable
  • Ambitious and self-motivated with ability to work on own initiative/prioritise workload to strict deadlines
  • Strong communication and presentation skills

Location: London
Work Level: Manager / Expert
Recruiter: Amy Curtis


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