Actuarial Specialist in Longevity and Reinsurance
8 hours ago
The Actuary Group is a leading UK provider of insurance and savings solutions established for over 100 years. Our client strives to simplify the life and pensions journey for everyone involved, leveraging their expertise and trusted financial experience to deliver smart outcomes.
Our client seeks a fully qualified actuary with extensive experience in longevity, strong knowledge of UK Defined Benefit Pensions, and reinsurance structures. The ideal candidate will possess excellent communication and stakeholder management skills, in-depth knowledge of capital modeling and profit testing, as well as considerable experience in mortality analysis and assumption setting.
This role involves leading projects related to longevity, assumption setting, and capital models, building relationships with internal and external stakeholders, taking charge on various thought leadership areas, conducting reinsurance pricing activities, and overseeing reinsurance treaties.
Key Responsibilities:
- Leading projects on longevity, assumption setting, and capital models
- Building and managing relationships with internal and external stakeholders
- Taking charge on various thought leadership areas
- Conducting reinsurance pricing activities and negotiating terms
- Working with the Origination team and pension schemes to design and administer capital efficient solutions
- Overseeing reinsurance treaty operations and collateral arrangements
- Managing/mentoring junior members of the team
- Overseeing technical aspects of models and experience analysis
- Contributing to the risk management function from a BPA perspective
Core Competencies:
- Understanding of capital modeling and profit testing
- Experience in mortality analysis and assumption setting
- Strong knowledge of UK Defined Benefit Pensions and reinsurance structures
- Excellent communication skills
Salary Range: £80,000 - £110,000 per annum, depending on experience.
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