Pricing Actuary - 12 months Secondment

• Working with the Pricing Managers on the ongoing management of our book of Pension Risk Transfer transactions
• Working closely with key internal and external stakeholders such as Client Services in executing data cleanses, including GMP equalisation implementation and the transition to buyout
• Leading the production of cash flow and pricing models for PRTs, ensuring robust controls and processes are followed
• Working with others to navigate complexities and non-standard requests, driving thinking on solutions
• Development, coaching and training of junior members of the team
• Leading on project management to ensure that key contractual requirements and timescales are met
• Building, developing, documenting, running and maintaining actuarial models
• Presenting technical content with confidence to internal and external stakeholders

Requirements

• Be a qualified Actuary or near qualified Actuary
• Practical experience of actuarial cash flow modelling, including development of models for bespoke projects and exercises, and application of actuarial methodologies for setting assumptions
• Excellent technical knowledge of defined benefit pensions (including an understanding of modelling of GMP benefits, franking and deferred member benefit calculations)
• Ideally have an appreciation of financial services companies and the regulatory environment in which they operate, including Solvency II and the Matching Adjustment along with experience of bulk annuity modelling and pricing

Core Competencies

Demonstrates expertise in actuarial cash flow modeling and the development of pricing models for Pension Risk Transfers, with a strong understanding of defined benefit pensions and regulatory frameworks such as Solvency II. Capable of leading projects, coaching junior team members, and effectively communicating technical content to stakeholders.

Highest-signal resume keywords

• Qualified Actuary
• Actuarial Cash Flow Modelling
• Defined Benefit Pensions
• Project Management
• Stakeholder Communication

ATS Optimization Keywords Hard Skills

• Cash Flow Modelling
• Pricing Models
• Actuarial Methodologies
• GMP Equalisation
• Deferred Member Benefit Calculations
• Bespoke Project Development
• Franking
• Bulk Annuity Modelling
• Assumption Setting

Soft Skills

• Coaching
• Training
• Problem Solving

Certifications & Qualifications

• Qualified Actuary

Industry Keywords

• Pension Risk Transfer
• Financial Services
• Regulatory Environment
• Solvency II
• Matching Adjustment

Tools & Technologies

• Actuarial Models