Pricing Associate - BPA

Pricing Associate - BPA

City of London Entry level 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join us as a Pricing Associate, focusing on bulk annuity pricing and reinsurance.
  • Company: We are a leading firm in the financial services sector, specialising in innovative insurance solutions.
  • Benefits: Enjoy competitive pay, flexible working options, and opportunities for professional growth.
  • Why this job: Be part of a dynamic team that values ambition and creativity while making a real impact.
  • Qualifications: Ideal candidates have 2 years' experience in actuarial roles and strong technical skills.
  • Other info: Diverse backgrounds are welcome; we value unique perspectives!

The predicted salary is between 36000 - 60000 £ per year.

Our client is looking for Actuarial Students with around 2 years of experience that are looking for a new opportunity in the Bulk Annuity Space. Different backgrounds considered!

You will ideally have exceptional technical skills and be commercially minded. Experience in one of the following is required:

  • bulk annuity pricing
  • funded reinsurance
  • longevity reinsurance
  • life insurance balance sheet management
  • modelling UK DB pensions

An understanding of Solvency II/UK for life insurance will also play in your favour. If you are ambitious, self-motivated and have strong communication and presentation skills, make sure to apply, and we'll reach out!

Pricing Associate - BPA employer: Eames Consulting

Join a dynamic and innovative team as a Pricing Associate in the Bulk Annuity Space, where your technical expertise will be valued and nurtured. Our company fosters a collaborative work culture that encourages professional growth and offers unique opportunities to engage with diverse projects in a supportive environment. Located in a vibrant area, we provide competitive benefits and a commitment to employee development, making us an excellent employer for ambitious individuals seeking meaningful careers.
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Contact Detail:

Eames Consulting Recruiting Team

StudySmarter Expert Advice 🤫

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

✨Tip Number 1

Make sure to brush up on your knowledge of bulk annuity pricing and longevity reinsurance. Being able to discuss these topics confidently during an interview will show that you're not only qualified but also genuinely interested in the field.

✨Tip Number 2

Network with professionals in the actuarial and insurance sectors. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities at StudySmarter.

✨Tip Number 3

Prepare to demonstrate your technical skills through practical examples. Think of specific projects or experiences where you've successfully applied your knowledge in pricing or modelling, as this will help you stand out.

✨Tip Number 4

Familiarise yourself with Solvency II regulations and how they impact life insurance. Showing that you understand these regulations will highlight your commercial awareness and make you a more attractive candidate.

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

Actuarial Skills
Technical Proficiency in Pricing Models
Commercial Awareness
Experience in Bulk Annuity Pricing
Knowledge of Funded Reinsurance
Understanding of Longevity Reinsurance
Life Insurance Balance Sheet Management
Modelling UK DB Pensions
Familiarity with Solvency II Regulations
Strong Communication Skills
Presentation Skills
Self-Motivation
Ambition
Analytical Thinking

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your relevant experience in bulk annuity pricing, funded reinsurance, or any related fields. Use specific examples to demonstrate your technical skills and commercial mindset.

Craft a Strong Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention your understanding of Solvency II/UK life insurance and how your background aligns with the job requirements.

Showcase Communication Skills: Since strong communication and presentation skills are essential, consider including examples of past experiences where you successfully communicated complex information or presented findings to stakeholders.

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.

How to prepare for a job interview at Eames Consulting

✨Showcase Your Technical Skills

Make sure to highlight your technical expertise during the interview. Be prepared to discuss specific projects or experiences that demonstrate your knowledge in bulk annuity pricing, funded reinsurance, or life insurance balance sheet management.

✨Demonstrate Commercial Awareness

Employers are looking for candidates who understand the commercial aspects of the industry. Research current trends in the bulk annuity space and be ready to discuss how these might impact the company and its clients.

✨Prepare for Technical Questions

Expect to face technical questions related to Solvency II and UK DB pensions. Brush up on these topics and be ready to explain complex concepts clearly and concisely.

✨Exhibit Strong Communication Skills

Since strong communication is key for this role, practice articulating your thoughts clearly. Consider doing mock interviews with a friend to refine your presentation skills and ensure you can convey your ideas effectively.

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