Pricing Director for Corporate Risk Solutions

4 weeks ago


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

We are seeking a highly skilled and experienced Actuary to join our Pricing team as an Associate Director of Pricing and Risk Management. As a key member of our team, you will be responsible for designing and delivering bulk purchase annuities and alternative de-risking products for Defined Benefit pension schemes.

Key Responsibilities
  • Develop and implement pricing strategies for bulk annuities and de-risking solutions
  • Collaborate with colleagues from across the business and outsourcing partners to integrate commercial, investment, longevity, reinsurance, balance sheet management, and structuring workstreams into pricing projects
  • Provide technical analysis and support to senior stakeholders across M&G Life with business planning and ad hoc queries
  • Support distribution and transaction management colleagues with the production of high-quality client deliverables and wider relationship management activities
  • Develop and maintain pricing models and infrastructure
  • Manage commercial outsourcing arrangements
  • Support the development of new and enhanced modelling capability, including tech solutions across the CRS pricing infrastructure
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
  • Experience of developing/structuring and pricing institutional insurance products valuable
  • Ambitious and self-motivated with ability to work on own initiative/prioritise workload to strict deadlines
  • Strong communication and presentation skills
About Us

We have a diverse workforce and an inclusive culture at M&G plc, underpinned by our policies and our employee-led networks who provide networking opportunities, advice, and support for the diverse communities our colleagues represent. We are committed to creating an exceptional place to work for exceptional talent.



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