At a Glance
- Tasks: Own and enhance pricing tools while improving processes for efficiency.
- Company: Join a leading firm in the Savings and Retirement sector based in London.
- Benefits: Permanent position with competitive salary and opportunities for professional growth.
- Other info: Dynamic team environment with a focus on innovation and improvement.
- Why this job: Make a real impact on pricing strategies and drive process enhancements.
- Qualifications: Recently qualified actuary with strong technical skills in actuarial modelling.
The predicted salary is between 60000 - 80000 £ per year.
They have an exciting opportunity for an individual with strong technical actuarial/investment background to join the S&R Deal pricing team delivering on the team’s responsibilities.
Location: London
Type: Permanent
Key Duties (Including but not limited to):
- Take ownership of the existing pricing tools (Tyche models and Excel models). Being responsible for the process of producing pricing quotes and making any upgrades and changes to the tools as required.
- Identify inefficiencies in pricing processes & controls and implement improvements to address these as part of the Company’s drive for process enhancements.
- Understanding of macroeconomic assumptions (interest rates, credit spreads, FX) impact on pricing. Being able to obtain and interpret required investment data from Bloomberg and from investment teams.
- Understand the drivers of capital requirements for S&R products and how these vary under different reinsurance structures. This includes across economic capital, Bermuda Monetary Authority and NAIC RBC regimes.
- Ideally, recently qualified actuary and a member of the IFoA or SOA.
- Strong technical skills necessary to build and run actuarial models, including pricing tools. Prior experience in Pricing is not necessarily required, but broad understanding of modelling mortality and/or market risks will be an advantage.
- Experience of transactions and/or pricing work is beneficial but not essential.
- Strong experience of Excel and actuarial modelling software (Tyche or similar).
Deal Pricing Actuary, Savings and Retirement – 29383 employer: The Emerald
Join a dynamic and innovative team in London as a Deal Pricing Actuary, where you will have the opportunity to take ownership of cutting-edge pricing tools and drive process enhancements. Our collaborative work culture fosters continuous learning and professional growth, ensuring that you are supported in your career development while contributing to impactful projects in the savings and retirement sector. With a commitment to employee well-being and a focus on meaningful work, we offer a rewarding environment for actuaries looking to make a difference.
