Our client, a growing Life Insurer recently entering the Bulk Purchase Annuity (BPA) market, is looking for a Pricing Lead to join their expanding BPA Pricing team.

This role is suited to a Nearly Qualified/ Newly Qualified Actuary, or someone with relevant experience who has paused their studies. The BPA team has ambitious plans to establish a strong presence in the Risk Transfer market and has already successfully priced several transactions.

As the BPA Pricing team grows, there are excellent opportunities for career development and increased responsibility.

Why join this team?

• Be part of a growing BPA function within an established Life Insurer.

• Work on cutting-edge Risk Transfer pricing transactions.

• Opportunity to take ownership and develop your leadership skills.

• Hybrid working model on offer.

• Full actuarial study support available if needed.

Key Responsibilities

• Lead BPA pricing activities and contribute to pricing strategy.

• Check preparation and analysis of Defined Benefit pension scheme data for pricing.

• Use valuation systems to validate modelling of DB pension scheme cashflows.

• Conduct experience investigations to inform pricing assumptions.

• Support and mentor junior colleagues within the team.

About You

• Nearly / Newly qualified, or stop-studier with relevant BPA or DB pensions consulting experience.

• Experience in Defined Benefit pensions consulting or BPA pricing within Life Insurance or Reinsurance.

• Strong communication and collaboration skills.

Benefits

• 30 days annual leave plus bank holidays.

• Annual performance-based bonus.

• Competitive pension plan.

• Private medical insurance.

• Full actuarial study support (if needed).

• Flexible 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.