Head of Pricing
6 days ago
Governing secure retirement incomes through comprehensive risk management and excellence in asset and liability management, Pension Insurance Corporation (PIC) provides exceptional customer service. The company’s purpose is to pay the pensions of its current and future policyholders. Accountabilities Lead and manage the Pricing function of the new business Origination Team, liaising with Finance, ALM, Risk and other relevant teams to set general strategy and improve pricing‑related processes. Support deal teams on their pricing approach and identify optimal pricing for prospects with non‑standard aspects, driving optimisation of PIC’s new business pricing approach to increase new business written and enhance transaction economics on a risk‑adjusted basis. Lead on key Origination deals or projects involving unusual features, new structures or new products. Elevate talent to develop and enhance both technical and non‑technical skills required to deliver a strong Pricing function. Champion and drive enhancements and required updates to the New Business Pricing Model, implemented by the ALM team. Oversee our panel of third‑party actuarial firms providing pricing support and cash‑flow provision. Provide MI reports and governance‑related requirements to senior committees (Pricing Committee, Models and Assumptions Committee, Investment and Origination Committee and Board). Keep self and team informed of industry trends, market developments, regulatory changes and best practices related to new business. Experience Qualified actuary with demonstrated post‑qualification experience. Extensive experience in corporate insurance or consulting, primarily in life insurance or UK pensions consulting. Ideal/desirable: familiarity with the technical aspects of longevity risk and its reinsurance (longevity swap and funded reinsurance). Knowledge Detailed understanding of actuarial and wider aspects of pricing BPA (Bulk Purchase Annuity) business. Strong technical knowledge of Solvency UK reserving and capital calculation. Strong technical knowledge of UK pension scheme benefit structures and valuation approaches (ideally). Established knowledge of the regulatory framework as it applies to the company, and to Origination/new business pricing specifically. Skilled MS Excel user; additional modelling tools such as MATLAB are helpful. Good working knowledge of MS PowerPoint, MS Word. Familiarity with Power BI suite (ideally). Skills Exceptional interpersonal skills and the ability to communicate and influence across all seniority levels, up to Board. Ability to identify and implement change opportunities, steering through required governance paths. Effective people leader. Expert business and report writing skills, including for papers that may be seen by the PRA. Ability to conceptualise and lead others in solving specific problems. Strategic and innovative thinker with exceptional commercial judgement. Entrepreneurial focus. Benefits Competitive base salary, annual performance‑related bonus plan, private medical insurance, 28 days’ annual leave (excluding bank holidays), a generous pension scheme and more. Seniority level Director Employment type Full‑time Job function Finance #J-18808-Ljbffr
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Head of Pricing
1 week ago
Greater London, United Kingdom LGBT Great Full timePension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Company-wide strategic objectives and...
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Head of Pricing
1 week ago
Greater London, United Kingdom PIC Full timePension Insurance Corporation (“PIC”) provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Company-wide strategic objectives and...
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Head of Casualty Pricing
1 week ago
London, United Kingdom Sellick Partnership Full timeSellick Partnership are currently recruiting a **Head of Casualty Pricing** for a large global (re)Insurer. Reporting to the Group Head of Pricing, the **Head of Casualty Pricing** will be responsible for leading a team of Analysts, improving Analytical capabilities and acting as the main point of contact for all non-technical teams (Claims /...
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Contract Head of Pricing
2 days ago
London, United Kingdom Sellick Partnership Full timeSellick Partnership are delighted to be working on an exclusive basis with a leading General Insurer as they recruit a new **Head of Pricing**, on a contract basis, to assume responsibility for their Market Pricing function. Reporting to the Director of Pricing, the **Head of Pricing** will play a central role in driving the future profitability of one of...
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Head of Market Pricing
2 days ago
London, United Kingdom Sellick Partnership Full timeSellick Partnership are delighted to be working on an exclusive basis with a leading General Insurer as they recruit a new **Head of Pricing** to assume responsibility for their Market Pricing function. Reporting to the Director of Pricing, the **Head of Pricing** will play a central role in driving the future profitability of one of the most recognisable...
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Head of Pricing
4 days ago
London, United Kingdom The Emerald Group Ltd, Search and Selection Full timeJOB DESCRIPTIONPOSITION: Head of Market PricingLOCATION: South London / hybrid 2-3 days One of our prominent clients are making a significant investment in their pricing capability with a comprehensive pricing transformation programme. This includes the implementation of new pricing software, market-leading modelling, and performance monitoring approaches....
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Head of Pricing
3 weeks ago
london, United Kingdom The Emerald Group Ltd, Search and Selection Full timeJOB DESCRIPTION POSITION: Head of Market Pricing LOCATION: South London / hybrid 2-3 days One of our prominent clients are making a significant investment in their pricing capability with a comprehensive pricing transformation programme. This includes the implementation of new pricing software, market-leading modelling, and performance monitoring approaches....
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Head of Pricing
1 week ago
London, Greater London, United Kingdom Pension Insurance Corporation plc Full time £60,000 - £75,000 per yearPension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Company-wide strategic objectives and driving a...
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Head of Pricing
1 week ago
London, Greater London, United Kingdom PIC Full time £1,200,000 - £1,500,000 per yearPension Insurance Corporation ("PIC") provides secure retirement incomes through comprehensive risk management and excellence in asset and liability management, as well as exceptional customer service. Our purpose is to pay the pensions of our current and future policyholders. We achieve our purpose by setting Company-wide strategic objectives and driving a...
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Head of Pricing
5 days ago
London Area, United Kingdom The Emerald Group Ltd, Search and Selection Full timeJOB DESCRIPTIONPOSITION: Head of Market PricingLOCATION: South London / hybrid 2-3 days One of our prominent clients are making a significant investment in their pricing capability with a comprehensive pricing transformation programme. This includes the implementation of new pricing software, market-leading modelling, and performance monitoring approaches....
