SalaryNegotiableLocationAylesbury, UKContractPermanentTypeHybridIndustryLife InsuranceContactNaomi McGeeNaomi.
Mcgee@oliverjames.com Reinsurance ActuaryAn established UK life insurer is looking to appoint a Qualified Actuary to join its actuarial team, with a focus on reinsurance pricing, structuring and implementation.
The role will involve working closely with senior actuarial, BPA pricing and reporting stakeholders to develop and deliver reinsurance solutions that support effective capital and risk management.
Key responsibilitiesLead reinsurance pricing activities, engaging with reinsurers and negotiating commercial and technical terms.
Develop and maintain relationships with internal stakeholders and external reinsurance counterparties.
Work with the Chief Actuary, BPA Pricing team and Head of Reporting to design and implement capital-efficient solutions covering longevity, lapse and mortality risks.
Oversee the implementation and ongoing operation of reinsurance treaties, including collateral arrangements, administration and reporting.
Provide technical guidance and mentorship to junior members of the actuarial and pricing teams. Ensure compliance with relevant FCA and PRA regulatory requirements and reporting obligations.
Experience and qualificationsQualified Actuary.
Experience within an actuarial, pricing or reporting function at a UK life insurer, or within a reinsurer's pricing or administration team.
Strong understanding of reinsurance pricing, treaty structures and administration.
Knowledge of UK Defined Benefit pensions and longevity risk transfer.
Practical experience of longevity swaps and flow reinsurance treaties, including operational and collateral arrangements.
Strong stakeholder management and communication skills, with the ability to explain complex technical matters to senior audiences.
Reinsurance Actuary in Aylesbury employer: Oliver James Associates
Join a leading global insurance business that prioritises employee development and fosters a collaborative work culture. With a focus on innovation and transformation, this role offers you the chance to engage in meaningful projects while benefiting from a hybrid working model, competitive salary, and opportunities for professional growth within a dynamic team. Experience the unique advantage of working in the heart of the UK insurance market, where your contributions will directly impact the future of the industry.
