Location
Can be located in Bristol, Watford or London office.
Job Purpose
This role is in the BPA New Business Pricing team, where you will work with other team members to support the pricing and execution of bulk annuity transactions. The role requires an understanding of defined benefit pensions to accurately manipulate, interpret and check data, model liability cashflows, and understand business metrics relating to profit and capital.
Key Accountabilities
Support the pricing and execution of bulk annuity transactions
Accurate and complete data manipulation and subsequent modelling of scheme benefits
Actively identify areas of opportunity to improve pricing tools and process efficiency
Work collaboratively and effectively with wider BPA teams, such as BPA reinsurance, Data Verification and Member Options. Adapt working techniques to cater to different individuals and teams to achieve desired outcomes
Understand and apply technical actuarial techniques, with an awareness of business and commercial impacts of pricing decisions
General Responsibilities
Development and maintenance of bulk annuity pricing methodologies and models in accordance with Technical Actuarial Standards (where relevant) and End User Computing requirements.
Contribute to a collaborative and inclusive team culture
Understanding of risk management, in relation to risks relevant to this role. Follow appropriate risk management procedures to control, monitor and report on business activities, and elevate key risks or issues appropriately
Understanding and ability to implement and maintain an actuarial control framework and meet governance requirements
Compliance with Company policies and regulatory, professional and legal requirements
Desired Knowledge, Experience and Skills
Demonstrable numerical, analytical, problem‑solving and data manipulation skills, with attention to detail and an ability to identify issues and interdependencies
Advanced working knowledge of MS Excel. Experience of Prophet is advantageous
Experience of working with complex data, with a demonstrable ability to make conclusions and communicate recommendations effectively
Strong, clear and timely oral and written communication to internal and external stakeholders
Excellent project management skills, working effectively both independently and as part of a team
A demonstrable interest in Bulk Purchase Annuities, with knowledge of defined benefit pension schemes and bulk annuity transactions
Benefits Of Working At Canada Life
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that is regularly reviewed. As a Canada Life UK colleague you will receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with income protection, private medical insurance and life assurance. We also provide a range of other benefits and support services as well as regular personal and professional development.
How We Work At Canada Life
Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face challenges together and find a way forward. We invest in the development of our people, technology and workplaces, offering a range of training, flexible working and opportunities for growth and career development.
Diversity and Inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we are making in DEI and continue to treat it as a significant focus. We appreciate that everyone has different work and life responsibilities and are happy to discuss flexible working arrangements, including part‑time, for any of our roles should this be a requirement for you.
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Can be located in Bristol, Watford or London office.
Job Purpose
This role is in the BPA New Business Pricing team, where you will work with other team members to support the pricing and execution of bulk annuity transactions. The role requires an understanding of defined benefit pensions to accurately manipulate, interpret and check data, model liability cashflows, and understand business metrics relating to profit and capital.
Key Accountabilities
Support the pricing and execution of bulk annuity transactions
Accurate and complete data manipulation and subsequent modelling of scheme benefits
Actively identify areas of opportunity to improve pricing tools and process efficiency
Work collaboratively and effectively with wider BPA teams, such as BPA reinsurance, Data Verification and Member Options. Adapt working techniques to cater to different individuals and teams to achieve desired outcomes
Understand and apply technical actuarial techniques, with an awareness of business and commercial impacts of pricing decisions
General Responsibilities
Development and maintenance of bulk annuity pricing methodologies and models in accordance with Technical Actuarial Standards (where relevant) and End User Computing requirements.
Contribute to a collaborative and inclusive team culture
Understanding of risk management, in relation to risks relevant to this role. Follow appropriate risk management procedures to control, monitor and report on business activities, and elevate key risks or issues appropriately
Understanding and ability to implement and maintain an actuarial control framework and meet governance requirements
Compliance with Company policies and regulatory, professional and legal requirements
Desired Knowledge, Experience and Skills
Demonstrable numerical, analytical, problem‑solving and data manipulation skills, with attention to detail and an ability to identify issues and interdependencies
Advanced working knowledge of MS Excel. Experience of Prophet is advantageous
Experience of working with complex data, with a demonstrable ability to make conclusions and communicate recommendations effectively
Strong, clear and timely oral and written communication to internal and external stakeholders
Excellent project management skills, working effectively both independently and as part of a team
A demonstrable interest in Bulk Purchase Annuities, with knowledge of defined benefit pension schemes and bulk annuity transactions
Benefits Of Working At Canada Life
We believe in recognising and rewarding our people, so we offer a competitive salary and benefits package that is regularly reviewed. As a Canada Life UK colleague you will receive a competitive salary and comprehensive reward package including a generous pension and bonus scheme, along with income protection, private medical insurance and life assurance. We also provide a range of other benefits and support services as well as regular personal and professional development.
How We Work At Canada Life
Our culture is unique and incredibly important to us. We care about doing the right thing for our people, customers and community and helping others to build better futures. Our blueprint behaviours shape and influence how we work, and are central to the relationships we have with others. Every day we are encouraged to be more curious, own the outcome, face challenges together and find a way forward. We invest in the development of our people, technology and workplaces, offering a range of training, flexible working and opportunities for growth and career development.
Diversity and Inclusion
Building an inclusive workplace with a diverse workforce where everyone can feel they belong and achieve their potential regardless of gender, ethnicity or any other characteristic is a key commitment for us. We are proud of the progress we are making in DEI and continue to treat it as a significant focus. We appreciate that everyone has different work and life responsibilities and are happy to discuss flexible working arrangements, including part‑time, for any of our roles should this be a requirement for you.
#J-18808-Ljbffr
Contact Details:
Jobs via eFinancialCareers Recruitment Team
