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Actuarial Pricing Specialist

2 months ago

Potters Bar, Hertfordshire, United Kingdom Canada Life Group (UK) Ltd (The) Full time
{"Job Title": "Senior Actuary", "Job Description": "Job Purpose

We are seeking a qualified actuary to join our bulk annuity pricing team. 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
  • Provide quotations and pricing recommendations for bulk annuity buy-ins and buy-outs
  • Liaise with investment front office to identify suitable assets to support bulk annuity transactions
  • Collaborate 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
  • Contribute to the development of Canada Life's pricing bases and pricing models that adhere to Canada Life's risk tolerances and are scalable for future growth
  • Manage stakeholders and ensure compliance with risk governance
  • Stay up-to-date with industry issues and developments to ensure business processes and strategies are in line with the industry
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
Benefits

We offer a competitive salary and benefits package that's regularly reviewed. As a Canada Life UK 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.

Diversity and Inclusion

We are committed to building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic.

", "lang_code": "en-US"}