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For Companies At a Glance
- Tasks: Shape innovative pricing solutions and produce quotations for new business.
- Company: Join a fast-growing leader in the Bulk Annuities market.
- Benefits: Collaborative environment with opportunities for career advancement and coaching.
- Why this job: Influence the future of retirement while working with industry-leading talent.
- Qualifications: Qualified actuary (FIA or equivalent) with a solid understanding of DB pension risk transfer.
- Other info: Adaptability to new ideas and technology is essential.
The predicted salary is between 43200 - 72000 £ per year.
Job Description
Join a fast-growing, leader in the booming Bulk Annuities market. As part of a high-impact team driving 90% of business revenue, you'll shape innovative pricing solutions, work alongside industry-leading talent, and contribute to major growth . A unique opportunity to influence the future of retirement while advancing your actuarial career in a dynamic, collaborative environment.
Key Responsibilities
- Produce and review pricing quotations for new business.
- Lead or contribute to projects, ensuring timely and effective progress.
- Gain strong technical understanding of internal systems and tools, and identify areas for efficiency improvements.
- Stay open to new ideas and technology, showing adaptability and resilience.
- Contribute to a collaborative team culture, support junior colleagues, and assist with coaching.
- Work with internal teams (e.g., reinsurance and commercial) to help deliver competitive propositions.
Skills & Knowledge
- Solid understanding of the DB pension risk transfer market and relevant regulations.
- Familiarity with actuarial pricing concepts (bulk annuity transactions are a bonus!).
- Comfortable with Excel and programming; and willingness to learn new tech tools.
- Effective communicator with good teamwork and self-management abilities
Qualifications
- Qualified actuary (FIA or equivalent).
Pricing Actuary DB Pensions employer: Oliver James
Contact Detail:
Oliver James Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Actuary DB Pensions
✨Tip Number 1
Familiarise yourself with the latest trends in the DB pension risk transfer market. Understanding current regulations and market dynamics will not only boost your confidence during discussions but also demonstrate your commitment to staying informed.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who have experience in bulk annuity transactions. Engaging in conversations with industry experts can provide you with valuable insights and potentially lead to referrals.
✨Tip Number 3
Brush up on your Excel and programming skills, as these are crucial for the role. Consider taking online courses or tutorials that focus on actuarial pricing concepts and tools relevant to the position.
✨Tip Number 4
Prepare to showcase your teamwork and communication skills during interviews. Think of examples from your past experiences where you successfully collaborated with others or supported junior colleagues, as this aligns with the collaborative culture we value at StudySmarter.
We think you need these skills to ace Pricing Actuary DB Pensions
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience and skills relevant to the Pricing Actuary role. Emphasise your understanding of DB pension risk transfer and any familiarity with actuarial pricing concepts, especially bulk annuity transactions.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the key responsibilities mentioned in the job description, such as producing pricing quotations and contributing to projects.
Showcase Technical Skills: Highlight your proficiency in Excel and any programming languages you are familiar with. If you have experience with specific actuarial tools or technologies, mention them to demonstrate your readiness to adapt and learn new tech.
Demonstrate Teamwork and Communication: Provide examples in your application that showcase your teamwork and communication skills. Mention any experiences where you supported junior colleagues or contributed to a collaborative team culture, as these are key aspects of the role.
How to prepare for a job interview at Oliver James
✨Understand the DB Pension Market
Make sure to brush up on your knowledge of the defined benefit pension risk transfer market. Being able to discuss current trends and regulations will show that you're not only qualified but also genuinely interested in the field.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with Excel and any programming languages you know. If you've worked with actuarial pricing concepts or bulk annuity transactions, highlight these experiences to demonstrate your technical proficiency.
✨Demonstrate Team Collaboration
Since this role involves working closely with internal teams, be ready to share examples of how you've successfully collaborated in the past. Emphasise your ability to support junior colleagues and contribute to a positive team culture.
✨Exhibit Adaptability and Openness
The company values adaptability and resilience, so be prepared to discuss times when you've embraced new ideas or technologies. Showing that you're open to learning and evolving will set you apart from other candidates.
