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- Tasks: Join a dynamic team to deliver innovative pricing solutions for Savings and Retirement products.
- Company: Pacific Life Re is a global leader in insurance, valuing unique contributions and fostering individual growth.
- Benefits: Enjoy perks like life assurance, private medical insurance, and a subsidised gym membership.
- Why this job: Be part of a supportive culture that values work-life balance and community involvement.
- Qualifications: A degree in mathematics, statistics, or actuarial studies with relevant technical experience is required.
- Other info: Opportunities for professional development and involvement in charity events are available.
The predicted salary is between 43200 - 72000 £ per year.
Senior Actuarial Pricing Analyst, Savings & Retirement
Join to apply for the Senior Actuarial Pricing Analyst, Savings & Retirement role at Pacific Life Re
Senior Actuarial Pricing Analyst, Savings & Retirement
Join to apply for the Senior Actuarial Pricing Analyst, Savings & Retirement role at Pacific Life Re
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Job Title
Senior Actuarial Pricing Analyst, Savings & Retirement
Job Description
The Team
The Savings & Retirement Insurance Pricing team are responsible for producing the best estimate insurance assumptions for clients in our global markets. The team responsibilities are across Pension Risk transfer, Individual Retirement and Savings for Retirement products.
We are looking to hire a number of Pricing and Senior Pricing Analysts for our Insurance pricing team. You will be supporting the S&R Line of Business through tender activity and ongoing technical/pricing support. The successful candidate will be based in our London office, Tower Bridge House, St Katharine\’s Way.
The Role
As a proactive and technical Pricing/Senior Pricing Analyst you will be working on a team to deliver Savings and Retirement quotes for clients. Your expertise in pricing and experience analysis will support you as you work alongside the client solutions team to deliver creative solutions and support market growth, whilst meeting the needs of our clients. Working together with the wider pricing team you will deliver high quality pricing analysis on quote opportunities for clients and will present the opportunity through the internal governance process gaining significant visibility with the S&R Leadership Team, COO and CEO.
You will have the opportunity to learn and develop as an actuary and grow your analytic skills whilst keeping involved in the latest pricing, market, statistical and technology developments
Key Responsibilities
- Supporting the delivery of new business quotations for the S&R line of business
- Analysing experience data to determine trends in order to support the derivation of technical pricing basis.
- Communicating results/findings to stakeholders across the business
- Analysing experience data to determine trends and to ensure profitability targets are met and communicating results/findings to stakeholders across the business.
- Help enhance the pricing team capability by supporting the improvement of processes and approaches.
Qualifications & Experience
The successful candidate will:
- Degree (2:1 or above, or equivalent) in a relevant subject area, e.g. mathematics, statistics or actuarial studies
- have technical experience in a role at a (re)insurer, consultancy or another statistical role
- Ability to analyse and interpret data, draw conclusions from it and clearly communicate findings to key stakeholders across the business
- Good written and verbal communication skills
- Knowledge of R, Excel and actuarial software experience
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team\’s connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee\’s involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits (Only For Permanent And Fixed Term Employees)
- Life Assurance
- Subsidised Gym Membership
- Private Medical Insurance
- Season Ticket Loan
- Eye Care
- Employee Assistance Programme
- Group Income Protection
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Principles and Behaviours
Please click here to view our company principles and behaviours
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Senior Actuarial Pricing Analyst, Savings & Retirement employer: Pacific Life Re
Contact Detail:
Pacific Life Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Pricing Analyst, Savings & Retirement
✨Tip Number 1
Familiarise yourself with the latest trends in actuarial pricing, especially in the Savings & Retirement sector. This will not only help you understand the market better but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the industry, particularly those working at Pacific Life Re or similar companies. Use platforms like LinkedIn to connect and engage with them, as personal referrals can significantly boost your chances of landing an interview.
✨Tip Number 3
Prepare to discuss your experience with data analysis tools such as R and Excel. Be ready to provide examples of how you've used these tools to derive insights and support pricing decisions in previous roles.
✨Tip Number 4
Showcase your communication skills by preparing to explain complex actuarial concepts in simple terms. This is crucial as you'll need to convey findings to stakeholders who may not have a technical background.
We think you need these skills to ace Senior Actuarial Pricing Analyst, Savings & Retirement
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in actuarial pricing, data analysis, and communication skills. Use specific examples that demonstrate your ability to analyse data and communicate findings effectively.
Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background in mathematics, statistics, or actuarial studies aligns with the job requirements, and provide examples of your previous work that relate to the responsibilities outlined in the job description.
Highlight Technical Skills: Clearly list your technical skills, especially your proficiency in R, Excel, and any actuarial software. Provide examples of how you have used these tools in past roles to support your analysis and decision-making processes.
Showcase Team Collaboration: Since the role involves working closely with the client solutions team and other stakeholders, include examples of successful teamwork in your application. Highlight any experiences where you contributed to group projects or initiatives that led to positive outcomes.
How to prepare for a job interview at Pacific Life Re
✨Understand the Role
Make sure you have a solid grasp of what the Senior Actuarial Pricing Analyst role entails. Familiarise yourself with the responsibilities, especially around delivering quotes and analysing experience data. This will help you tailor your answers to demonstrate how your skills align with their needs.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with R, Excel, and any actuarial software. Highlight specific projects where you've used these tools to analyse data or improve processes. This will show that you have the technical expertise they are looking for.
✨Communicate Clearly
Since the role involves communicating findings to stakeholders, practice articulating complex data insights in a clear and concise manner. Use examples from your past experiences to illustrate how you've effectively communicated results to non-technical audiences.
✨Demonstrate Team Collaboration
Pacific Life Re values teamwork, so be ready to share examples of how you've worked collaboratively in previous roles. Discuss how you contributed to team success and supported colleagues, particularly in high-pressure situations, to show that you can thrive in their work environment.
