Hybrid Reinsurance Actuary, Commercial

Posted last week

Apply now

About the role

  • Reinsurance Actuary supporting the delivery of reinsurance solutions for Retirement Solutions at Phoenix Group. Involves analytical analysis and stakeholder engagement to enhance efficiency.

Responsibilities

  • 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.

Job title

Reinsurance Actuary, Commercial

Job type

Experience level

Mid levelSenior

Salary

£75,000 per year

Degree requirement

Professional Certificate

Location requirements

Report this job

See something inaccurate? Let us know and we'll update the listing.

Report job