DB Reinsurance Development Lead
2 days ago
Join us at Just Group plc as a DB Reinsurance Development Lead and play a key role in shaping the future of our Defined Benefit (DB) business.
About the Role
We are seeking an experienced DB Reinsurance Development Lead to develop and implement reinsurance capabilities for our DB business. The successful candidate will work closely with the DB team to analyze reinsurance pricing, negotiate with reinsurers, and optimize use of reinsurance from an operational and commercial perspective.
Key Responsibilities
- Lead key reinsurance developments projects to enhance Just's reinsurance capabilities.
- Analyze reinsurance pricing and implement reinsurance terms into the DB Pricing framework.
- Work with the DB Pricing leads to ensure reinsurance terms are appropriately allowed for in pricing metrics.
- Manage development projects, proactively driving them forward to ensure they are progressed in line with expected timescales.
- Develop a deep technical and operational knowledge of all systems and tools used in DB.
- Carry out detailed pricing analyses to develop a deep understanding of different reinsurers' bases.
- Develop strong technical skills, for example by learning new coding languages, in order to support the development of models, tools, and processes in the team.
- Present analysis to internal committees via written reports to support approval of new counterparties/transactions.
Requirements
- Experience gained in the Life Insurance industry, including reinsurance experience.
- Coding experience is desirable, for example Julia, Python and/or VBA.
- A high degree of understanding of the products and services provided by the Group, the markets, and the regulatory/legal framework that the Group operates within.
Our Benefits
- An estimated salary of £65,000 - £85,000 per annum, depending on experience.
- A comprehensive benefits package, including pension scheme and health insurance.
- The opportunity to work with a leading Financial Services company and contribute to the growth and success of the DB business.
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