Associate Director | BPA Pricing

Location
London
Salary Package
Up to £110000 per annum
Posted
14th Apr 2025
Consultants
Sarah O'Brien

Pricing Director

Our client is seeking an exceptional Associate Pricing Director to join a leading team within a well-established Life Insurance division. The team is focused on designing and delivering bulk purchase annuities (BPAs) and alternative de-risking products for Defined Benefit pension schemes. Due to ongoing success and strong growth opportunities, they are looking to expand the team with a skilled professional.

Key Responsibilities:

  • Lead end-to-end pricing for BPAs and other de-risking solutions.

  • Collaborate with various teams across the business and outsourcing partners to integrate commercial, investment, longevity, reinsurance, balance sheet management, and structuring workstreams into pricing projects.

  • Support senior stakeholders with technical analysis, business strategy, and ad hoc queries.

  • Play a key role in developing new and enhanced pricing models and technology solutions within the CRS pricing infrastructure.

  • Manage commercial outsourcing arrangements and support the development of novel pricing strategies, including reinsurance solutions and new product lines.

Key Knowledge, Skills & Experience:

  • A commercially-minded Actuary with strong technical skills.

  • Experience in bulk annuity pricing, funded reinsurance, longevity reinsurance, or life insurance balance sheet management.

  • Knowledge of UK DB pensions is valuable.

  • Understanding of Solvency II and UK life insurance regulations, particularly around balance sheet construction, liability discounting, asset strategy, and ALM.

  • Experience developing, structuring, and pricing institutional insurance products is advantageous.

  • Familiarity with non-standard capital and reinsurance structures is a plus.

  • Ambitious, self-motivated, and able to prioritise workloads effectively to meet strict deadlines.

  • Excellent communication and presentation skills.

This is an exciting opportunity to play a key role in a growing team within an innovative and dynamic environment. If you're a driven actuarial professional looking for your next challenge, apply today.

Eames Consulting is acting as an Employment Agency in relation to this vacancy.

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