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Pricing Development Actuary

Date Posted
12th July 2017
Reference
Star4068
Sector
Life
Job Type
Permanent
Location
London
Benefits
£ excellent
Salary
Negotiable

Job Description

Star Actuarial is currently working alongside a major insurer in the search for a qualified life actuary to develop, maintain and implement pricing strategies to enable the Individual Annuity business to gain competitive advantage and the wider division to meet its business goals.

You will develop Individual Annuity pricing by medical condition to grow enhanced annuity volumes, collaborating closely with the underwriting team and longevity science team to develop pricing assumptions and underwriting philosophy. 

You will also review and update the risk pricing basis and actuarial assumptions used within pricing, performing strategic reviews of key assumptions and recommending assumption changes where required. 

In addition, you will develop pricing and capital models, ensuring these are regularly reviewed, maintained and developed by the pricing team. 

The successful candidate will possess product pricing experience, whilst specific experience with medically underwritten enhanced annuities would be desirable.

In-depth knowledge of actuarial techniques including key pricing metrics (EEV, IFRS, Solvency II framework) essential.

An excellent opportunity to develop your career within a market-leader.

Please contact us to discuss this vacancy or for an informal discussion regarding your career goals. We are very happy to perform bespoke research on your behalf.

Jo Frankham, Associate Director

M: +44 (0)7950 419115

E: jo.frankham@staractuarial.com