Reinsurance Actuary, Commercial
Phoenix Group
full-time
Posted on:
Location Type: Hybrid
Location: London • United Kingdom
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Salary
💰 £75,000 per year
About the role
- Your primary focus will be supporting the delivery of reinsurance solutions for our Retirement Solutions business including supporting the team on the live deal pipeline
- Sourcing and assessing reinsurance (flow and facultative) to achieve optimal outcomes and supporting deal execution in a structuring and project management capacity
- Performing analytical analysis to check the commercial viability of prospective longevity swap and funded reinsurance transactions and making recommendations on strategy to maximise chances of success
- Supporting the negotiation, documentation and governance required to on-board new arrangements including ensuring all relevant risks are appropriately managed and controls are operated
- Enhancing and embedding streamlined processes and delivering efficiencies across all reinsurance activity
- Expanding reinsurance capabilities and supporting strategic projects. Engaging with senior internal stakeholders and taking them along the journey where new developments are necessary
Requirements
- Technical aptitude and strong analytical skills (data manipulation and cashflow modelling) with keen eye for detail
- Knowledge of the BPA market, longevity underwriting or previous experience in insurance/reinsurer/DB de-risking
- Demonstrated ability to build and maintain quality stakeholder relationships
- Commercial knowledge of pension de-risking products including bulk annuities and longevity swaps would be desirable
- Newly Qualified Actuary, with experience in the pension or life specialism
- Experience in performing longevity experience analyses
Benefits
- c.£75,000 (subject to experience) + bonus
- excellent pension scheme
- private medical insurance
- electric vehicle scheme
- 38 days holiday incl. Bank Holidays
- 12x salary life assurance
- career breaks
- income protection
- 3x volunteering days
- much more.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
data manipulationcashflow modellinganalytical analysislongevity swapfunded reinsurancepension de-riskingbulk annuitieslongevity experience analyses
Soft Skills
analytical skillsattention to detailstakeholder relationship managementnegotiationproject management
Certifications
Newly Qualified Actuary