Description:
We have a fantastic opportunity for a Part-Qualified Actuary to join our Collateral & Reinsurance Management (CRIM) Team as a Senior Actuarial Analyst.
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.
- Proactively supporting the Actuarial Manager in providing post-sale monitoring and calculations relating to buy-in/out pricing, reinsurance, longevity insurance and collateral arrangements.
- Helping to on-board 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 good progress through the IFoA Exams.
- Knowledge of Defined Benefit Pension Schemes, and associated valuation techniques.
- A strong communicator with the ability to communicate to colleagues and stakeholders in an appropriate manner at all levels.
- The ability to work accurately with a high attention to detail
- Strong communication and interpersonal skills
- Strong time management skills and the ability to work to tight deadlines to ensure project delivery.