At a Glance
- Tasks: Price new BPA deals and recommend assumptions to senior leadership.
- Company: Leading BPA provider in the pension insurance market.
- Benefits: Career progression, competitive salary, and a dynamic work environment.
- Other info: Opportunity to work in a deal-focused environment with strong stakeholder engagement.
- Why this job: Join a unique firm and make a real impact in the pension sector.
- Qualifications: Nearly qualified or qualified actuary with up to 3 years PQE.
The predicted salary is between 44010 - 53790 £ per year.
Miryco Consultants are working on behalf of one of the leading BPA providers in the pension insurance market to add a nearly/newly qualified actuary to their new business pricing team.
This is an excellent opportunity both for in-house pensions actuaries who want increased responsibility and career progression and for consultants looking to make the move in-house.
Whatever your position, our client’s market strength and specific approach make them a unique firm to explore, and their highly commercial approach means they are keen to explore top talent from various backgrounds.
Responsibilities
- Pricing of new BPA deals, recommending pricing assumptions to senior leadership.
- Identify risks and recommend an appropriate structures in order to protect commerciality.
- Presenting deals to the Senior Management Committee for approval.
- Proactively engage with the risk function on deals to support the approval process.
- Support the development of bespoke solutions for schemes where this is required to facilitate a transaction.
Skills & Experience
- Nearly qualified/ qualified actuary with up to 3 years PQE.
- Strong knowledge of UK pensions/ bulk annuities market, with experience on BPA/risk transfer projects.
- Excellent critical thinking and analytical skills, with the ability to collect, organize, analyse and disseminate information with attention to detail and accuracy.
- Strong stakeholder management skills and appetite to work in a deal focused environment.
Location
- London, 4/1
- #J-18808-Ljbffr
Pricing Actuary - Pension Risk Transfer - BPA Market in London employer: Miryco Consultants Ltd
Miryco Consultants Ltd is an excellent employer, offering a dynamic work culture that fosters collaboration and innovation within a high-performing implementation team. Employees benefit from professional growth opportunities through exposure to complex business change projects and corporate strategy, all while enjoying the vibrant atmosphere of Greater London.
StudySmarter Expert Advice🤫
We think this is how you could land Pricing Actuary - Pension Risk Transfer - BPA Market in London
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Miryco Consultants Ltd. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Pricing Actuary - Pension Risk Transfer - BPA Market in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Miryco Consultants Ltd.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Miryco Consultants Ltd's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Miryco Consultants Ltd
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Miryco Consultants Ltd.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Miryco Consultants Ltd will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Miryco Consultants Ltd employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
