Our client, a growing Life Insurer, is looking for a Reinsurance Actuary to join their Actuarial team.

This role is suited to a Qualified (or very Nearly Qualified Actuary) with experience in Reinsurance, Pricing, Reporting or other Actuarial functions within a UK Life Insurer or Reinsurer.

The role offers the opportunity to take ownership of a broad range of Reinsurance activities, working closely with senior stakeholders across the business, including the Chief Actuary and Head of Reporting.

Why join this team?

• Take on a key role within a growing Life Insurer.
• Work directly with reinsurers on pricing and negotiating reinsurance arrangements.
• Gain exposure across Reinsurance, BPA Pricing, Capital and Risk Management.
• Work closely with senior stakeholders across the business.
• Reports directly to the Chief Actuary

Key Responsibilities of the Reinsurance Actuary:

• Conduct Reinsurance pricing activities, including discussions with reinsurers and negotiating reinsurance terms
• Work with the Chief Actuary, BPA Pricing team and Head of Reporting to design capital-efficient solutions to manage key risks
• Support the design, administration and reporting of solutions covering risks including Longevity, Lapse and Mortality
• Implement and oversee the operational aspects of Reinsurance treaties
• Manage collateral and administration arrangements, alongside associated reporting requirements
• Build and manage relationships with internal and external stakeholders, including Reinsurance counterparties
• Support and mentor junior members of the wider Actuarial and Pricing teams

Skills & Experience required for the Reinsurance Actuary:

• Qualified or very Nearly Qualified Actuary
• Experience within a Pricing, Actuarial or Reporting function of a UK Life Insurer, or within a Reinsurer Pricing or Administration function
• Strong knowledge of Reinsurance treaties, pricing and administration
• Experience and knowledge of DB Pensions, Longevity Swaps and other Reinsurance structures would be highly beneficial
• Strong stakeholder management and communication skills, with the ability to communicate technical issues to senior non-technical audiences

Benefits:

• Discretionary annual bonus up to 25% maximum
• 30 days annual leave plus bank holidays
• Employer pension contributions of up to 10%
• Private medical insurance
• Life assurance at 4x basic salary
• Hybrid working arrangements

To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may require adjustments to be made to the process, please contact the team to discuss. All information will be treated in accordance with our data protection policy.