PRT Post Sale Pricing Director in London

We’re looking for a Qualified Actuary to join our award‑winning Pension Risk Transfer (PRT) business as a Post Sale Pricing Director within the Collateral & Reinsurance Management (CRIM) team. In this role, you’ll lead the delivery of post‑sale pricing projects for Bulk Annuity contracts, ensuring technical accuracy, strong governance and efficient execution across a wide range of activity. You’ll also provide hands‑on leadership, coaching and development for a high‑performing team.

Working closely with colleagues across the PRT function, you’ll help review and prioritise post‑sale pricing activity, support BPA term negotiations relating to contractual post‑sale pricing matters, and proactively manage the onboarding and ongoing oversight of reinsurance arrangements and longevity insurance policies. Hybrid working opportunity. You will have the flexibility to work from home or from our Central London office to achieve a work‑life balance that works for you.

What you'll be doing:

• Providing actuarial sign‑off for post‑sale pricing projects, including Final Premium calculations, augmentations/restructures, GMP Equalisation exercises and surplus costings.
• Developing post‑sale pricing processes to improve efficiency, reduce calculation timescales and support higher case volumes.
• Leading, coaching and supporting a team to deliver high‑quality work in an accountable and inclusive way.
• Challenging existing approaches and continuously raising standards across delivery, controls and ways of working.
• Supporting the PRT Origination team with BPA terms, drafting and client negotiations linked to post‑sale pricing activity.
• Ensuring robust control frameworks are in place across all post‑sale pricing work.
• Leading case prioritisation and resource planning in close partnership with the Transitions team.
• Managing reinsurance arrangements and longevity insurance policies where required.

Who we're looking for:

• A Qualified Actuary (FIA or equivalent designation).
• Extensive knowledge of post‑sale pricing processes and Bulk Annuity contract terms.
• Strong technical judgement, analytical capabilities and attention to detail.
• Experience leading actuarial work, setting standards and making sound decisions under deadline pressure.
• A track record of improving pricing, reinsurance or wider actuarial operating models.
• Strong people leadership skills, including work allocation, performance management and team development.
• The ability to influence senior stakeholders and communicate complex information clearly.
• Post‑Sale Underwriter status would be highly advantageous, but is not essential.

Benefits:

• The opportunity to participate in our annual, performance‑related bonus plan and valuable share schemes.
• Generous pension contribution.
• Life assurance.
• Healthcare Plan.
• 30 days holiday plus bank holidays.
• Competitive family leave.
• Participate in our electric car scheme, which offers employees the option to hire a brand‑new electric car through tax‑efficient salary sacrifice.
• We offer many discounts for our own products and a range of high‑street stores and online shops.
• We’re creating net‑zero carbon workplaces by 2030 by investing in our sustainable, modern offices across the UK, all designed to bring people together and elevate the in‑person experience.

Additional Information:

At L&G, we believe it’s possible to generate positive returns today while helping to build a better future for all. If you join us, you’ll be part of a welcoming, inclusive culture, with opportunities to collaborate with people of diverse backgrounds, views, and experiences. Guided by leaders with integrity who care about your future and well‑being. Empowered through initiatives which support people to develop their careers and excel. We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part‑time, term‑time and job shares. Although some roles have limited flexibility due to customer demand, we accommodate requests when we can. It doesn’t matter if you don’t meet every single criterion in this advert. Instead, think about what you excel at and what else you can bring in terms of strengths, potential and connection to our purpose.