Pricing Analyst at KBR managing pricing models and collaborating with multi - disciplinary teams for proposals and contracts. Driving financial success through detailed analysis and insights in Australia.
About the role
- Drive reinsurance strategy for life and protection products at Lloyds Banking Group. Shape innovative solutions, collaborate across teams, and manage relationships in a hybrid role.
Responsibilities
- Shape and deliver the reinsurance strategy for life and protection propositions
- Partner with product and pricing teams to embed reinsurance considerations into proposition design and development
- Identify opportunities to innovate through reinsurance structures that enhance customer value and business performance
- Act as the key liaison with reinsurers, building strong partnerships to secure competitive terms and foster collaboration
- Drive negotiations on treaty renewals, pricing, and terms to ensure sustainable arrangements
- Apply actuarial insight to assess risk, pricing, and financial impact of reinsurance structures
- Analyse performance of reinsurance arrangements and provide actionable recommendations to senior stakeholders
- Ensure all reinsurance arrangements comply with regulatory requirements and internal risk frameworks
- Maintain robust documentation and reporting for governance and audit purposes
Requirements
- Proven experience in reinsurance relationship (or similar) management within life insurance or protection markets
- Strong actuarial background with expertise in risk modelling and financial analysis
- Ability to influence proposition design and collaborate across pricing, product, and commercial teams
- Excellent negotiation and stakeholder management skills
- Knowledge of protection pricing and product development (desirable)
- Familiarity with UK regulatory environment and Solvency II requirements (desirable)
- Strong analytical and problem-solving skills with attention to detail (desirable)
- Qualified actuary (FIA or equivalent) preferred
- Degree in Actuarial Science, Mathematics, Finance, or related discipline
Benefits
- Flexible working options
- Hybrid Working
- Reduced Hours
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