*Location: Buckinghamshire
*Salary: £95,000 per annum
*Hybrid: 3 days a week in the office and 2 days from home
Responsibilities:
*Leading projects related to longevity, assumption setting, longevity risk, and capital models
*Build and manage relationships with internal and external stakeholders
*Taking charge on various areas of thought leadership-longevity, annuities etc.
*Longevity research
*Conduct reinsurance pricing activities, including discussions with reinsurers and negotiate reinsurance terms.
*Working with the Origination team and pension schemes to design and administer capital efficient solutions that effectively manage risk for the business.
*Oversee operation of reinsurance treaties, including collateral arrangements where appropriate.
*Managing/mentoring junior members of the team
*Overseeing some of the technical aspects of models and experience analysis -development, implementation, calibration and testing
*Contribute to the risk management function of the business from a BPA perspective.
*Ad hoc tasks as required.
*Comply with the FCA’s conduct and Consumer Duty rules and the PRA’s conduct standards.
*Notify the regulator(s) of matters reasonably expected to be notified.
Reporting Into:
*Head of Product Actuarial / Head of Pricing
Core Competencies:
*Understanding of capital modelling and profit testing
*Experience of mortality analysis and assumption setting
*Strong knowledge of UK Defined Benefit Pensions and reinsurance structures
*Strong communication skills (able to communicate technical issues to senior people including non-actuaries)
Experience and Qualifications:
*Qualified Actuary
*Experience of working within the Actuarial Function of a UK Life assurer
*Experience of managing stakeholders at all levels