SKILLS AND KNOWLEDGE

• Good knowledge and awareness of the DB buy in/buy out market, life insurance and relevant regulation. Strong numeracy skills
• Sound knowledge of technical actuarial concepts, particularly principles underlying bulk annuity pricing
• Strong analytical and problem solving skills
• Strong IT skills including Excel and programming languages, and a keen attitude to learn where these skills don’t exist
• Good interpersonal and team working skills
• Ability to work without close supervision

EXPERIENCE

• Experience of working within a related field (pensions, insurance, finance) is desirable.
• Coding experience is desirable, for example Julia, Python and/or VBA.

QUALIFICATIONS

• 2.1 or above in a technical/mathematical degree is desirable
• FIA qualification or equivalent.

PURPOSE

We are recruiting a DB Pricing Actuary to join our DB (Defined Benefit) Pricing team. The role will involve supporting the DB team in their objectives to deliver a market leading Bulk Annuity service and grow in line with our business plan.

JOB ROLE ACCOUNTABILITIES

• Be a key member of the DB Pricing team, responsible for reviewing and delivering new business quotations in an accurate and timely manner.
• Mange projects and project teams, 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. Continuously look for areas where we can improve – our people have a proactive approach to integrating technology into daily tasks and processes in order to drive innovation and efficiency.
• Be curious, proactive and open to new ideas - applicants should demonstrate a track record of adapting to change, embracing technology, learning from experience, and showing resilience in the face of obstacles.
• Proactively promote a culture of collaboration and engagement within the DB Pricing team, set an example for junior team members and help with coaching/training of the team.
• Work closely and collaborate with our DB Reinsurance and Commercial teams in order to ensure effective delivery of competitive, market leading propositions.