At a Glance
- Tasks: Lead pricing for BPAs and develop innovative modelling capabilities.
- Company: Well-established international business with a strong market presence.
- Benefits: Competitive salary, career growth, and opportunities to work on cutting-edge projects.
- Why this job: Join a market leader and make a significant impact in the actuarial field.
- Qualifications: Part-qualified or qualified life actuary with bulk annuity pricing experience.
- Other info: Supportive environment with bespoke career development discussions.
The predicted salary is between 36000 - 60000 £ per year.
Are you a part-qualified or qualified life actuary looking for your next career opportunity within a well-established, international business? This is a significant opportunity to take on a key role, having responsibility for the end-to-end pricing for BPAs and other de-risking solutions.
You will also develop new and enhanced modelling capability, including tech solutions across the corporate risk pricing infrastructure. In addition, you will support pricing development of novel bulk annuity transaction structures, reinsurance solutions, and new product lines.
With exceptional technical skills, the successful candidate will possess experience of bulk annuity pricing, funded reinsurance, longevity reinsurance, life insurance balance sheet management or modelling UK DB pensions. An understanding of Solvency II/UK for life insurance, in particular balance sheet construction, liability discounting, asset strategy & ALM would be desirable.
A fantastic career opportunity within a market-leader.
Please contact us to discuss this vacancy or for an informal discussion regarding your career goals. We are very happy to perform bespoke research on your behalf.
Senior BPA Pricing Associate employer: The Actuary
Contact Detail:
The Actuary Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior BPA Pricing Associate
✨Tip Number 1
Network like a pro! Reach out to industry contacts, attend events, and connect with professionals on LinkedIn. 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 practising common questions and scenarios related to bulk annuity pricing and risk management. We recommend doing mock interviews with friends or mentors to boost your confidence and refine your answers.
✨Tip Number 3
Showcase your technical skills! Bring along examples of your modelling capabilities or any tech solutions you've developed. We want to see how you can enhance our corporate risk pricing infrastructure.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always here to help you navigate the process and answer any questions you might have.
We think you need these skills to ace Senior BPA Pricing Associate
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior BPA Pricing Associate role. Highlight your experience with bulk annuity pricing and any relevant technical skills that match the job description.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this position. Share specific examples of your past work that relate to the responsibilities mentioned in the job description.
Showcase Your Technical Skills: Since this role requires exceptional technical skills, don’t shy away from showcasing your modelling capabilities and understanding of Solvency II. 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 helps us keep track of your application and ensures you don’t miss out on any important updates!
How to prepare for a job interview at The Actuary
✨Know Your Numbers
As a Senior BPA Pricing Associate, you'll need to demonstrate your technical skills. Brush up on your knowledge of bulk annuity pricing and longevity reinsurance. Be ready to discuss specific examples from your experience that showcase your expertise in these areas.
✨Understand the Regulatory Landscape
Familiarise yourself with Solvency II and UK regulations related to life insurance. Prepare to explain how these regulations impact pricing strategies and balance sheet management. This will show that you’re not just technically savvy but also aware of the broader context.
✨Showcase Your Modelling Skills
Since the role involves developing new modelling capabilities, be prepared to discuss any tech solutions you've implemented in previous roles. Bring along examples of models you've built or improved, and be ready to explain your thought process behind them.
✨Ask Insightful Questions
Interviews are a two-way street! Prepare thoughtful questions about the company's approach to de-risking solutions and their future product lines. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.