Senior Pricing Specialist
6 days ago
Senior Pricing Specialist
About the Role:We are seeking an experienced Senior Pricing Specialist to join our team in London/Bristol. As a key member of our Actuarial department, you will be responsible for providing pricing recommendations and working closely with our BPA team to achieve annual new business targets.
Key Responsibilities:
- Develop quotations and provide pricing recommendations for bulk annuity buy-ins and buy-outs.
- Liaise with our 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 our pricing bases and models that adhere to our risk tolerances and are scalable for future growth.
- Manage stakeholders and ensure compliance with risk governance.
Requirements:
- Qualified actuary.
- Strong knowledge of UK Defined Benefit pensions.
- Familiarity with the bulk annuity market and products.
Estimated Salary: £80,000 - £100,000 per annum.
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