Reinsurance Actuary

Reporting to: Chief Actuary

The Role:

• Lead reinsurance pricing activities, including discussions and negotiations with reinsurance counterparties
• Build and manage relationships with internal and external stakeholders
• Work with the Chief Actuary, BPA Pricing team, and Head of Reporting to design and administer capital-efficient solutions managing longevity, lapse and mortality risk
• Implement and oversee operational aspects of reinsurance treaties, including collateral, administration and reporting solutions
• Support and mentor junior members of the wider actuarial and pricing teams

What we're looking for:

• Qualified Actuary or nearly qualified, with a clear path to qualification
• Experience within Pricing, Actuarial or Reporting functions of a UK Life assurer, or in a reinsurer's pricing/administration function
• Strong knowledge of UK Defined Benefit pensions and reinsurance structures
• Operational experience of longevity swaps and flow treaties, including administration and collateral
• Excellent stakeholder management and communication skills — able to explain technical concepts to senior, non-actuarial audiences

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