At a Glance
- Tasks: Lead pricing analysis for Protection reinsurance and produce clear reports for stakeholders.
- Company: Globally renowned life reinsurer with international reach across multiple continents.
- Benefits: Opportunity for international collaboration and meaningful contributions in a visible role.
- Other info: Coaching opportunities for junior team members and excellent career development.
- Why this job: Join a high calibre team and make a real impact in the reinsurance industry.
- Qualifications: Qualified actuary with strong pricing experience, ideally in the UK or Irish market.
The predicted salary is between 60000 - 70000 £ per year.
A globally renowned life reinsurer is seeking to hire a qualified actuary into their European Protection Pricing team. This is an excellent opportunity for a technically strong pricing actuary to join a high calibre reinsurance business with genuine international reach across Europe, Asia, Australia and North America. The role focuses on Protection business (Life, Critical Illness and Income Protection) with particular emphasis on UK and Ireland reinsurance opportunities.
The team is responsible for experience analysis, best estimate assumption setting and technical pricing work as part of new business tenders and inforce reviews. They work closely with underwriting, claims, client solutions, research, analytics and broader actuarial functions to deliver commercially robust pricing recommendations. This role suits a qualified actuary with strong pricing experience who enjoys combining technical analysis with commercial judgement.
The successful candidate will own pricing work, lead parts of the tender process, derive assumptions, review outputs, produce clear documentation and help deliver high quality responses to clients.
Responsibilities
- Leading pricing analysis for Protection reinsurance opportunities across the UK and Ireland
- Setting and reviewing assumptions for Life, Critical Illness and Income Protection business
- Managing pricing work during tenders and inforce reviews
- Producing clear reports and executive summaries for senior stakeholders
- Working directly with client-facing teams and pricing counterparts during quote processes
- Balancing technical accuracy with commercial pragmatism
- Improving pricing processes, documentation and controls
- Coaching junior actuarial team members and supporting their development
- Building strong relationships across pricing, underwriting, claims, analytics and business development teams
Qualifications
The ideal candidate will be a qualified actuary with strong technical ability and prior pricing experience, ideally within the UK or Irish Protection market. Experience with tools such as Tyche, SQL, Tableau, R and Excel would be highly beneficial.
This is a strong opportunity for someone who wants to work in a visible pricing role with senior stakeholder exposure, international collaboration and the chance to make a meaningful contribution to a major Protection reinsurance business.
Reinsurance Pricing Actuary employer: Banking & Financial Services
Join a globally renowned life reinsurer that offers a dynamic work culture and a commitment to employee growth, particularly in the European Protection Pricing team. With opportunities for international collaboration and exposure to senior stakeholders, this role not only allows you to leverage your technical skills but also encourages professional development through coaching and mentorship. Located in a vibrant market, the company fosters strong relationships across various teams, ensuring a supportive environment where your contributions are valued and impactful.
Contact Details:
Banking & Financial Services Recruitment Team
