Pricing Analyst

3 weeks ago


Slough, Slough, United Kingdom Signet Resources Full time

Job Summary:

We are seeking a skilled Actuarial Pricing Specialist to join our Pricing team at Signet Resources. As a key member of the team, you will be responsible for developing and maintaining pricing models for annuity business, including bulk annuities that adhere to our risk tolerances and are scalable for future growth.

Key Responsibilities:

  • Develop and maintain pricing models for annuity business, including bulk annuities.
  • Prepare and analyze policyholder data for pricing, including methods and assumptions for addressing gaps in data.
  • Investigate experience factors affecting pricing assumptions.
  • Support the valuation process, including Solvency II, UK GAAP, and IFRS17 reporting.
  • Provide support to managers and others to implement recommendations and facilitate change to support business requirements.
  • Perform ad hoc tasks as required.
  • Comply with regulatory requirements, including the FCA's conduct and senior conduct rules and the PRA's conduct and senior manager conduct standards.

Requirements:

  • Part-qualified Actuary.
  • Experience of working within pensions or a similar role with an insurer.
  • Experience of cashflow modelling and pricing.

Core Competencies:

  • Knowledge of UK Defined Benefit Pensions and reinsurance structures.
  • Understanding of actuarial concepts related to annuity pricing and valuation.
  • Good communication skills.


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