Actuarial Analyst

Description:

This is a unique opportunity to join the UK’s largest life insurer, who is also a market leader in UK pension risk transfer and one of Europe’s largest asset managers in an exciting and varied role.

In this role you will focus on managing the arrangements agreed following a Defined Benefit Pension Risk Transfer (PRT) deal. This will involve maintaining ongoing relationships with numerous reinsurers, and potentially Trustee counterparts. You will also provide calculations relating to post-sale pricing, reinsurance, longevity insurance, and collateral arrangements.

This is a Hybrid Role based from our Central London Offices in Moorgate.

• Supporting the Actuarial Manager in providing post-sale monitoring and calculations relating to buy-in/out pricing, reinsurance, longevity insurance and collateral arrangements.
• Assisting with the on-boarding of new PRT reinsurance arrangements, including reviewing, and providing comments to draft contracts and models.
• Providing the highest level of support to internal and external clients including consultants, trustees, and reinsurers.
• Supporting and checking the work of the Operations Analyst in our Collateral and Reinsurance Services team.
• Providing actuarial support to projects relevant to the wider PRT new business team.
• Part-qualified actuary who is making progress with the actuarial exams.
• High attention to detail and a high level of accuracy.
• Strong communication and interpersonal skills.
• Strong time management skills with the ability to work to tight deadlines to ensure project delivery.
• Knowledge of Defined Benefit Pension schemes, and associated valuation techniques (would be highly advantageous)