Senior BPA Pricing Associate

Senior BPA Pricing Associate

City of London Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Lead pricing for BPAs and develop innovative modelling capabilities.
  • Company: Join a well-established, international consultancy with a strong market presence.
  • Benefits: Competitive salary, career growth, and opportunities to work on cutting-edge projects.
  • Why this job: Make a real impact in the pensions sector with your expertise.
  • Qualifications: Experience in bulk annuity pricing and understanding of Solvency II is essential.
  • Other info: Dynamic role with a chance to shape new product lines and solutions.

The predicted salary is between 48000 - 72000 £ per year.

Overview

Are you a part-qualified or qualified life actuary looking for your next career opportunity within a well-established, international business?

Then this a significant opportunity to take on a key role, having responsibility for the end-to-end pricing for BPAs and other de-risking solutions. You will also develop new and enhanced modelling capabilities, including tech solutions across the corporate risk pricing infrastructure. In addition, you will support the pricing development of novel bulk annuity transaction structures, reinsurance solutions and new product lines.

With exceptional technical skills, the successful candidate will possess experience of bulk annuity pricing, funded reinsurance, longevity reinsurance, life insurance balance sheet management or modelling UK DB pensions.

An understanding of Solvency II/UK for life insurance, in particular balance sheet construction, liability discounting, asset strategy & ALM would be desirable.

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Senior BPA Pricing Associate employer: Actuarial Futures

Join a leading international consultancy that values innovation and professional growth, offering a dynamic work culture where your expertise in life actuarial science will be recognised and rewarded. With a focus on employee development, you will have access to cutting-edge technology and the opportunity to shape the future of pricing solutions in a collaborative environment. Located in a vibrant city, this role not only promises a competitive salary but also a chance to make a meaningful impact in the pensions sector.
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Contact Detail:

Actuarial Futures Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior BPA Pricing Associate

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, attend relevant events, and engage with professionals on platforms like LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help you land that Senior BPA Pricing Associate role.

✨Tip Number 2

Prepare for those interviews by brushing up on your technical skills and understanding of Solvency II. We recommend practising common interview questions related to bulk annuity pricing and reinsurance solutions. The more confident you are, the better your chances of impressing the hiring team!

✨Tip Number 3

Showcase your expertise! When you get the chance to discuss your experience, highlight specific projects or achievements that relate to the job description. We want to see how your background aligns with the responsibilities of the role, so make it count!

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take the initiative to connect directly with us. Let’s make your next career move a reality together!

We think you need these skills to ace Senior BPA Pricing Associate

Life Actuary Qualification
Bulk Annuity Pricing
Funded Reinsurance
Longevity Reinsurance
Life Insurance Balance Sheet Management
Modelling UK DB Pensions
Solvency II Knowledge
Liability Discounting
Asset Strategy
ALM (Asset Liability Management)
Technical Skills in Modelling
Pricing Development
Strategic Thinking
Pensions Investment Expertise

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Senior BPA Pricing Associate role. Highlight your experience with bulk annuity pricing and any relevant technical skills that match the job description. We want to see how your background aligns with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Share specific examples of your experience in life insurance balance sheet management or modelling UK DB pensions. Let us know what makes you tick!

Showcase Your Technical Skills: Since this role involves developing new modelling capabilities, make sure to highlight your exceptional technical skills. If you've worked on tech solutions in corporate risk pricing, we want to hear about it! Be specific about the tools and methodologies you've used.

Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy to do!

How to prepare for a job interview at Actuarial Futures

✨Know Your Numbers

As a Senior BPA Pricing Associate, you'll need to demonstrate your technical skills. Brush up on your knowledge of bulk annuity pricing and longevity reinsurance. Be ready to discuss specific examples from your experience that showcase your expertise in these areas.

✨Understand the Regulatory Landscape

Familiarise yourself with Solvency II regulations and how they impact life insurance. Prepare to explain how you've applied this knowledge in previous roles, especially regarding balance sheet construction and liability discounting. This will show that you’re not just technically savvy but also aware of the broader context.

✨Showcase Your Modelling Skills

Since the role involves developing new modelling capabilities, be prepared to discuss any tech solutions you've implemented in the past. Bring examples of how you've enhanced pricing infrastructure or improved modelling processes, as this will highlight your innovative thinking.

✨Ask Insightful Questions

Interviews are a two-way street! Prepare thoughtful questions about the company's approach to de-risking solutions and their future product lines. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.

Senior BPA Pricing Associate
Actuarial Futures
Location: City of London
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