In the Longevity Pricing team, you'll play a vital role in achieving key objectives, providing technical expertise, and mentoring junior colleagues. Your contributions will enhance the accuracy and efficiency of team outputs while supporting senior team members in delivering exceptional results.
Team Responsibilities:
- Prepare quotes and conduct biometric and pricing analyses.
- Support deal execution and monitor the performance of in-force treaties for reporting purposes.
- Aid in the development and review of assumptions for various propositions.
- Partner with the infrastructure and tools team to improve tools and processes.
- Collaborate with the commercial team on related initiatives as required.
Core Responsibilities:
- Serve as a technical specialist in pricing and biometric analysis for longevity-related projects.
- Present findings and insights to senior leadership and cross-functional teams.
- Review outputs to ensure accuracy and guide junior team members to achieve high-quality results.
- Contribute to data integrity, experience analysis, pricing assumptions, and the negotiation of commercial terms.
- Assess the financial impacts of decisions across key metrics, balancing risk with commercial needs.
- Build and nurture strong relationships with both internal and external stakeholders.
- Drive improvements in pricing tools and processes, leveraging emerging technologies.
- Support the development and review of longevity assumptions and frameworks.
- Assist in creating new propositions and participate in broader commercial initiatives.
- Engage in team discussions on organisational and cultural topics, contributing to a positive work environment.
- Stay up to date with trends and changes in the longevity market.
Key Skills & Experience:
- Nearly or newly qualified actuary
- Knowledge or experience in the life insurance or pensions market, particularly in the UK.
- Familiarity with pricing processes, including experience analysis, assumption setting, and modelling methodologies. Previous reinsurance pricing experience is a plus.
- Ability to quickly understand and analyse complex concepts.
- Strong analytical and decision-making skills, especially in uncertain contexts.
- Exceptional communication skills for conveying technical concepts to varied audiences.
- Confidence and diplomacy in challenging stakeholders at all levels.
- Proficiency in tools like Microsoft Excel and Word, with knowledge of R, Python, VBA, or Power BI being advantageous.
