Manager, Insurance Pricing, Savings & Retirement

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Manager, Insurance Pricing, Savings & Retirement

Apply locations: London, UK Time type: Full time Posted on: Posted 3 Days Ago Job requisition id: R14470

Job Title

Manager, Insurance Pricing, Savings & Retirement

Job Description

The Savings & Retirement Insurance Pricing team is responsible for producing the best estimate insurance assumptions for clients across our global markets. The team's responsibilities include Pension Risk Transfer, Individual Retirement, and Savings for Retirement products.

We are seeking to hire a Manager for our Insurance Pricing team. The role involves supporting tender activities across various markets through technical and pricing work. The successful candidate will be based in our London office, Tower Bridge House, St Katharine's Way.

The Role

As a proactive and technical actuary, you will work within a team to deliver Savings and Retirement quotes for clients. Your expertise in pricing and experience analysis will support collaboration with the client solutions team to provide innovative solutions and foster market growth, while meeting client needs.

You will also manage the insurance pricing actuaries and analysts within the team.

Collaborating with the wider pricing team, you will deliver high-quality pricing analysis for client quote opportunities and present these through internal governance, gaining visibility with the Savings & Retirement Executive Committee, COO, and CEO.

You will support the development of PLRe pricing sophistication by staying updated on latest pricing and analytical techniques and continuously improving internal approaches and processes.

Key Responsibilities

• Supporting the delivery of new business quotations and market insurance pricing opportunities.
• Analyzing experience data to identify trends and derive technical pricing bases, and communicating findings to stakeholders.
• Maintaining up-to-date knowledge of insurance pricing and industry trends, ensuring developments are considered in pricing and technical support.
• Supporting the Client Solutions team in building and maintaining client relationships and promoting Pacific Life Re.
• Contributing to internal strategic projects, including improving pricing processes and evaluating new rating factors.
• Collaborating with the Deal Pricing team to deliver optimal quote solutions for clients.

Qualifications & Experience

• Strong technical experience in (re)insurance, consultancy, or statistical roles; experience with GLM and advanced statistical techniques is preferable.
• Pricing experience is advantageous but not essential.
• Qualified actuary (member of IFoA or SOA) with 3+ years of post-qualification experience.
• Experience in experience analysis and basis setting, including mortality, dependent, and lapse assumptions.
• Excellent communication skills, capable of explaining complex actuarial concepts verbally and in writing.
• Experience in people management and mentoring actuarial staff.

Working for Pacific Life Re

Our global team values the unique qualities each member brings. We aim to develop expertise and support individual ambitions. We foster a work environment that balances achievement with fun and relaxation, hosting team-building activities and supporting well-being initiatives.

We prioritize work-life balance and offer various employee benefits, including social activities and community involvement opportunities.

Benefits (for Permanent and Fixed-Term Employees)

• Stakeholder Pension Scheme
• Life Assurance
• Subsidized Gym Membership
• Private Medical Insurance
• Season Ticket Loan
• Eye Care
• Employee Assistance Programme
• Group Income Protection
• Wellness Benefits

We are committed to diversity and inclusion, providing reasonable adjustments during recruitment for applicants with disabilities. Please contact us to discuss your needs.

Pacific Life Re Values

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