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- Tasks: Lead the pricing strategy for bulk purchase annuities and ensure competitive methodologies.
- Company: Join a rapidly expanding insurer making waves in the industry.
- Benefits: Enjoy a dynamic work environment with opportunities for professional growth.
- Why this job: Be part of a team that values innovation and adaptability in the insurance sector.
- Qualifications: Qualified actuary with experience in pensions, BPA, or pricing; less experienced candidates may apply as Senior Associate.
- Other info: Located in London, this role offers a chance to shape industry standards.
The predicted salary is between 72000 - 108000 £ per year.
A rapidly expanding Insurer is looking for seasonal BPA pricing/origination expertise to join their team.
Location: London
Responsible for overall strategy of bulk purchase annuity and ensure that the pricing methodology is competitive, well-considered, and adaptable to industry developments.
Lead the development and maintenance of the pricing basis in compliance with the corporate policies and governance framework.
Propose and gain the approval for changes, and investigating areas for enhancement and optimization to maximize value.
Requirement:
- Qualified actuary with pensions/BPA/pricing/origination experiences.
- Knowledge of DB pensions and bulk annuities experiences in BPA/insurance/consulting firms.
- Candidates with less experience would be considered as Senior Associate.
Pricing Director BPA employer: High Finance (UK) Limited T/A HFG
Contact Detail:
High Finance (UK) Limited T/A HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Pricing Director BPA
✨Tip Number 1
Network with professionals in the insurance and pensions sectors. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends in BPA pricing.
✨Tip Number 2
Stay updated on regulatory changes and market developments related to bulk purchase annuities. This knowledge will not only enhance your expertise but also demonstrate your commitment to the field during interviews.
✨Tip Number 3
Consider reaching out to current or former employees of the company for informational interviews. They can provide insights into the company culture and expectations, which can help you tailor your approach.
✨Tip Number 4
Prepare to discuss specific examples of how you've successfully developed pricing strategies or improved methodologies in your previous roles. Concrete examples will showcase your skills and experience effectively.
We think you need these skills to ace Pricing Director BPA
Some tips for your application 🫡
Understand the Role: Take time to thoroughly read the job description for the Pricing Director BPA position. Understand the key responsibilities and requirements, especially the need for expertise in bulk purchase annuities and pricing methodologies.
Tailor Your CV: Make sure your CV highlights relevant experience in pensions, BPA, and pricing. Use specific examples from your past roles that demonstrate your ability to lead pricing strategies and adapt to industry changes.
Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention how your background aligns with the company's goals and how you can contribute to their success in the BPA market.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for any spelling or grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail.
How to prepare for a job interview at High Finance (UK) Limited T/A HFG
✨Showcase Your Expertise
As a Pricing Director BPA, it's crucial to demonstrate your deep understanding of bulk purchase annuities and pricing methodologies. Be prepared to discuss specific examples from your past experiences that highlight your expertise in DB pensions and how you've successfully navigated industry developments.
✨Understand the Company's Strategy
Research the insurer's current strategies and market position. Understanding their approach to pricing and how it aligns with industry trends will allow you to tailor your responses and show that you're not just a fit for the role, but also for the company's vision.
✨Prepare for Technical Questions
Expect technical questions related to pricing models and compliance frameworks. Brush up on relevant actuarial principles and be ready to explain how you've applied them in previous roles. This will demonstrate your analytical skills and ability to lead the development of pricing bases.
✨Highlight Your Leadership Skills
As this role involves leading the pricing strategy, be sure to discuss your leadership experiences. Share examples of how you've successfully led teams or projects, particularly in enhancing and optimising pricing methodologies, to showcase your capability to drive results.
