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- Tasks: Lead pricing for Defined Benefit pension schemes and support junior team members.
- Company: Join a market-leading insurer known for its innovative approach and strong reputation.
- Benefits: Enjoy competitive pay, flexible working options, and a supportive team environment.
- Why this job: Be part of a dynamic team making a real impact in the insurance industry.
- Qualifications: Ideal for Nearly or Newly Qualified Actuaries with knowledge of UK pensions.
- Other info: Immediate interviews available; inclusive recruitment process for all backgrounds.
The predicted salary is between 43200 - 72000 £ per year.
Pricing Lead sought for by a market-leading insurer. Our client is seeking a candidate who has knowledge of UK Defined Benefit Pensions and reinsurance structures to join them as a Pricing Lead. This is a fantastic opportunity for a candidate who is a Nearly or Newly Qualified Actuary or qualified by experience to join a market-leading insurer as a Pricing Lead.
Responsibilities of the Pricing Lead:
- Reviewing the preparation and analysis of Defined Benefit (DB) pension scheme data for pricing purposes
- Verifying the modelling of cash flows for DB pension schemes through valuation systems.
- Providing support and guidance to junior team members.
Experience of the Pricing Lead:
- Familiarity with Defined Benefit Pension schemes in the UK and reinsurance frameworks.
- Comprehension of actuarial principles associated with annuity pricing and assessment.
- Capability to work autonomously.
Our client is looking to recruit a strong Pricing Lead as soon as possible and looking to hold interviews immediately. If you are excited about the prospect of becoming a Pricing Lead at a market-leading insurer then please apply with your CV below or contact Megan Farmer.
Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.
Pricing Lead employer: Sellick Partnership
Contact Detail:
Sellick Partnership Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Lead
✨Tip Number 1
Make sure to brush up on your knowledge of UK Defined Benefit Pensions and reinsurance structures. Being able to discuss these topics confidently during an interview will show that you are well-prepared and understand the key aspects of the role.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who have experience with DB pension schemes. Engaging in conversations can provide you with insights and potentially valuable connections that could help you stand out as a candidate.
✨Tip Number 3
Prepare to demonstrate your analytical skills by reviewing case studies or examples of cash flow modelling for DB pension schemes. Being able to articulate your thought process and approach to problem-solving will impress interviewers.
✨Tip Number 4
Showcase your leadership abilities by thinking of examples where you've supported or guided junior team members in previous roles. Highlighting your mentorship experience can set you apart as a strong candidate for the Pricing Lead position.
We think you need these skills to ace Pricing Lead
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Pricing Lead. Familiarise yourself with UK Defined Benefit Pensions and reinsurance structures to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasise any experience you have with Defined Benefit pension schemes and actuarial principles. Use specific examples to demonstrate your knowledge and skills in these areas.
Showcase Your Qualifications: If you are a Nearly or Newly Qualified Actuary or have relevant experience, make this clear in your application. Include any certifications or training that relate to the role to strengthen your candidacy.
Tailor Your Application: Customise your CV and cover letter for this specific position. Address how your background aligns with the requirements listed in the job description, particularly your ability to work autonomously and support junior team members.
How to prepare for a job interview at Sellick Partnership
✨Brush Up on Defined Benefit Pensions
Make sure you have a solid understanding of UK Defined Benefit Pension schemes. Be prepared to discuss how they work, their valuation, and any recent changes in legislation that might affect pricing.
✨Showcase Your Actuarial Knowledge
As a Nearly or Newly Qualified Actuary, highlight your knowledge of actuarial principles related to annuity pricing. Be ready to explain complex concepts in simple terms, as this will demonstrate your expertise and communication skills.
✨Prepare for Technical Questions
Expect technical questions regarding cash flow modelling and valuation systems. Review relevant methodologies and be prepared to discuss your experience with these tools, as well as any challenges you've faced and how you overcame them.
✨Demonstrate Leadership Skills
Since the role involves providing support and guidance to junior team members, think of examples where you've successfully led or mentored others. This will show your capability to work autonomously while also being a team player.
