Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead a dynamic Pricing Team and drive innovative financial solutions for clients.
- Company: Join Pacific Life Re, a forward-thinking company in the financial reinsurance sector.
- Benefits: Enjoy 25 days annual leave, comprehensive healthcare, and wellness initiatives.
- Other info: Embrace a culture that values work-life balance and community involvement.
- Why this job: Make a real impact in a growing team while developing your leadership skills.
- Qualifications: Qualified actuary with strong problem-solving skills and team management experience.
The predicted salary is between 43200 - 72000 £ per year.
Job Title
AVP, Pricing, Capital Solutions
Job Description
Capital Solutions is the newest line of business that Pacific Life Re offer to support clients. We are providing financial reinsurance to clients to enhance their balance sheet, either through accessing trapped capital, reducing earnings volatility or monetising value that currently sits off balance sheet.
The Pricing team operate globally and are responsible for carrying out the risk assessment of each deal, alongside proposing appropriate pricing levels to cover this risk. They will also contribute to the structuring of the deals, participate in client conversations and support in refining and implementing our market strategy.
The transactions will typically be of a bespoke nature, covering a range of products and risks across the world. The Capital Solutions team sits alongside the Protection and Savings & Retirement teams to offer a full comprehensive product suite to clients.
We have an exciting opportunity for an individual who is looking to take on a management role within our growing team.
Key responsibilities
Team Management
- Lead and develop the Pricing Team, fostering a high-performance culture through mentoring, coaching and continuous feedback
- Oversee the delivery of pricing quotes and the evolution of processes and assumptions, ensuring consistency and rigour across transactions
- Define and implement the team’s pricing strategy, ensuring alignment with broader business objectives and market positioning
Risk Assessment & Pricing
- Oversee, review and provide challenge on the detailed assessments of potential opportunities considering factors such as deal attractiveness, counterparty creditworthiness, market conditions and regulatory requirements
- Collaborate with the wider Capital Solutions / PL Re team to support in deal structuring to meet clients’ needs, ensuring alignment with PL Re risk appetite
- Support Client Solutions and Legal teams to see transactions through to execution; informing commercial strategy throughout the process and ultimately contributing to and reviewing treaty wording before signing
Business Analysis & Support
- Support the Client Solutions team by attending client meetings, gathering market intel and identifying potential opportunities for PL Re
- Monitor market trends, regulatory developments and competitive landscape
- Contribute to the development and refinement of strategy for the business line
Process & Assumption Development
- Contribute to the development of best practices, pricing guidelines and risk appetite and governance frameworks for the Capital Solutions business
- Assist in building and maintaining pricing models and tools to enhance efficiency and accuracy
- Supporting in the setting of the capital basis for different risk types, markets and transactions
Qualifications & Experience
- Strong technical and problem-solving skills with the ability to work with a wide range of data sets and information
- Experience within a FinRe / Structured Solutions team
- Experience managing a team; including but not limited to building a team culture, coaching and developing team members and recruiting for key positions
- Qualified actuary with a minimum of 5 years post qualified experience
- Excellent communication skills with the ability to effectively explain new concepts to stakeholders and collaborate with other teams around the business
- Ability to work independently in a flexible, dynamic team with occasional high-pressure deadlines
- Pricing experience in the European and / or Asian markets
- A strong understanding of capital, financial accounting, balance sheets and regulatory frameworks is desirable
You can be who you are.
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities.
We support all employees to thrive and achieve their fullest potential.
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team’s connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee’s involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits (Only for Permanent and Fixed Term Employees)
Leave
-
25 days of annual leave with option to buy/sell more days
-
Adoption and fertility leave
-
Generous enhanced parental leave
Healthcare
-
Comprehensive private insurance coverage for employee and dependents
-
Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary
-
Optical benefits
Savings & Retirement
-
15% combined employee/employer contributions
Wellness
-
Subsidized gym membership
-
Access to Employee Assistance Program
-
Cycle to Work and Electric Car Salary Sacrifice Scheme
-
Time off for volunteering
-
Charitable matching of employee donations
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Values
AVP, Pricing, Capital Solutions employer: Pacific Life Re
Contact Detail:
Pacific Life Re Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land AVP, Pricing, Capital Solutions
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend relevant events, and don’t be shy about asking for introductions. We all know that sometimes it’s not just what you know, but who you know that can land you that dream job.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their products and services, especially in Capital Solutions. We want you to show that you’re not just interested in the role, but also in how you can contribute to their success.
✨Tip Number 3
Practice makes perfect! Conduct mock interviews with friends or mentors to refine your answers and boost your confidence. We recommend focusing on your experience in pricing and risk assessment, as these are key areas for the AVP role.
✨Tip Number 4
Don’t forget to follow up after interviews! A simple thank-you email can go a long way in keeping you top of mind. We suggest mentioning something specific from your conversation to show your genuine interest in the position.
We think you need these skills to ace AVP, Pricing, Capital Solutions
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the AVP, Pricing, Capital Solutions role. Highlight your experience in financial reinsurance and team management, and don’t forget to showcase your problem-solving skills with relevant examples.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team. Mention specific projects or experiences that align with the responsibilities outlined in the job description.
Showcase Your Technical Skills: Since this role requires strong technical skills, be sure to include any relevant qualifications or experiences that demonstrate your expertise in pricing and risk assessment. We want to see how you can contribute to our team!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It’s the best way for us to receive your application and keep track of it. Plus, you’ll get to explore more about our company culture while you’re at it!
How to prepare for a job interview at Pacific Life Re
✨Know Your Numbers
As an AVP in Pricing, you'll need to demonstrate a strong grasp of financial concepts. Brush up on your understanding of capital, balance sheets, and pricing models. Be ready to discuss how you’ve applied these in past roles, especially in the context of financial reinsurance.
✨Showcase Your Leadership Skills
Since this role involves team management, prepare examples that highlight your experience in leading teams. Talk about how you've fostered a high-performance culture, mentored team members, and contributed to their professional growth. This will show that you can lead the Pricing Team effectively.
✨Understand the Market Landscape
Familiarise yourself with current market trends and regulatory developments in the FinRe and Structured Solutions sectors. Being able to discuss these insights during your interview will demonstrate your proactive approach and strategic thinking, which are crucial for this role.
✨Prepare for Client Conversations
Since client interaction is key, think about your past experiences in client meetings. Prepare to share how you gathered market intel and identified opportunities. Highlight your communication skills and ability to explain complex concepts clearly, as this will be vital in supporting client solutions.