Pricing Actuary - BPA / Pensions

2 days ago Be among the first 25 applicantsDirect message the job poster from LorienDelivery Lead at Nationwide Building Society -
We have an incredible and unique opportunity to join our Insurance client based in London with around £290 billion of assets under administration as a BPA Pricing Actuary, pricing and managing our extensive book of BPA clients.The roleWorking with the Pricing Managers on the ongoing management of our book of Bulk Purchase Annuity 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 buyoutLeading the production of cash flow and pricing models for BPAs, ensuring robust controls and processes are followedWorking with others to navigate complexities and non-standard requests, driving thinking on solutionsDevelopment, coaching and training of junior members of the teamLeading on project management to ensure that key contractual requirements and timescales are metBuilding, developing, documenting, running and maintaining actuarial modelsPresenting technical content with confidence to internal and external stakeholdersWhat We’re Looking ForBe a qualified actuary or near qualified actuaryPractical experience of actuarial cash flow modelling, including development of models for bespoke projects and exercises, and application of actuarial methodologies for setting assumptionsExcellent technical knowledge of defined benefit pensions (including an understanding of modelling of GMP benefits, franking and deferred member benefit calculations)Strong problem solving, communication and analytical skills, and the ability to work quickly and accurately with a high attention to detailIdeally 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 pricingIf this role is of interest and you''d like more info please apply with your CV or drop me a message to set up a call.Seniority level
Seniority level Mid-Senior levelEmployment type
Employment type Full-timeJob function
Job function Finance and OtherIndustries InsuranceReferrals increase your chances of interviewing at Lorien by 2xSign in to set job alerts for “Pricing Actuary” roles.
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