Pricing Actuary - Pension Risk Transfer - BPA Market
Not disclosed
Salary
Not disclosed by employer
£55,100
Going rate
Skilled Worker going rate
This role may qualify for a Skilled Worker visa
SOC 2433 is an eligible occupation, but we classified this role with low confidence (46% match). If the code is right — and Miryco Consultants Ltd is a licensed sponsor — it should qualify, but double-check the occupation eligibility rules against the actual role.
About the role
Miryco Consultants are working on behalf of one of the leading BPA providers in the pension insurance market to add a nearly/newly qualified actuary to their new business pricing team.
This is an excellent opportunity both for in-house pensions actuaries who want increased responsibility and career progression and for consultants looking to make the move in-house. Whatever your position, our client’s market strength and specific approach make them a unique firm to explore, and their highly commercial approach means they are keen to explore top talent from various backgrounds.
Responsibilities:
- Pricing of new BPA deals, recommending pricing assumptions to senior leadership.
- Identify risks and recommend an appropriate structures in order to protect commerciality.
- Presenting deals to the Senior Management Committee for approval.
- Proactively engage with the risk function on deals to support the approval process.
- Support the development of bespoke solutions for schemes where this is required to facilitate a transaction.
Skills & Experience:
- Nearly qualified/ qualified actuary with up to 3 years PQE.
- Strong knowledge of UK pensions/ bulk annuities market, with experience on BPA/risk transfer projects.
- Excellent critical thinking and analytical skills, with the ability to collect, organize, analyse and disseminate information with attention to detail and accuracy.
- Strong stakeholder management skills and appetite to work in a deal focused environment.
Location: London, 4/1
Should you not be contacted within five working days of submitting your application, then unfortunately you have not been shortlisted for the opportunity. We will however, be in touch should there be any other opportunities of potential interest that are suiting to your skills.
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This description is the source posting as it read when we added it. We are not affiliated with Miryco Consultants Ltd, so check their own site for the current details.
Where this offer sits in the market
SOC 2433 · UK · ONS ASHE 2025 · ~40k in sampleSimilar sponsored roles
See all jobsNo close matches live right now.
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Does this job guarantee visa sponsorship?
Not necessarily. Miryco Consultants Ltd holds a sponsor licence, but sponsorship for a specific hire is always the employer's decision. Be upfront in your application that you'll require it.
What salary is needed for this role to be eligible?
The offer must clear both the general threshold and the SOC 2433 going rate of £55,100. New-entrant and shortage discounts can lower it.