Eames Consulting

Pricing Actuary - Longevity

Location
London Area, United Kingdom
Posted At
12/16/2024
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Description

Our client is looking for a Pricing Actuary to join the Longevity Pricing Team.


About the Role:

You will be a member of the Longevity Pricing team, supporting the Pricing Leads in the deliverables of the team. You will also assist the more junior members of the team.


The team delivers Longevity quotes (which includes both production of data/Biometric analysis and Pricing deliverables); inputting in to deal executions; monitoring of experience on inforce treaties for reporting purposes; support the Basis development team in the review of assumptions for both our propositions; and support the Infrastructure and Tools team with continued improvement and maintenance of our tools and processes. Where appropriate the team will also support the commercial Longevity team on other related activities.


Key Responsibilities:


  • Be an important technical expert within the team across Pricing and Biometric elements, developing technical knowledge relevant to reinsurance pricing for Longevity business.
  • Represent the team and communicate results to senior management and other departments.
  • Lead in delivering accurate work. Checking other team members’ work and providing guidance to more junior members of the team.
  • Checking work that’s produced by the team for quotes and projects, ensuring the accurate use of data and production of experience analysis, setting of Pricing assumptions and supporting the negotiation of commercial terms.
  • Develop an understanding of the financial implications, across all appropriate metrics, of decisions made. Ensuring the right balance between commercial needs and risk is achieved.
  • Develop relationships with the commercial Longevity team and construct an important branch wide network of contacts.
  • Help train more junior members of the Pricing team, providing feedback where appropriate.
  • Contribute to the team’s on-going drive to ensure we are the most efficient we can be by proposing and supporting improvements to Pricing tools and process’ and embracing new technology.
  • Support the development and review of the Longevity basis and assumptions.
  • Where required provide support to the development of new Longevity propositions and support the commercial Longevity team on their activities.
  • Input in to team discussions on non-technical topics (including people and culture) and show an interest in branch wide initiatives.
  • Develop an understanding of the Longevity market.


For more information or a private chat apply or reach out at beatriz.araoz@eamesconsulting.com

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