Life/Health Pricing and Research Actuary

Gen Re
London (City of), London (Greater)
Salary dependent upon experience
Closing date
26 May 2022
L/H P&R Actuary

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Life insurance, Reinsurance, Other
Contract Type
Full Time

General Reinsurance, London Branch (a subsidiary of General Reinsurance AG) currently offers an excellent opportunity for a qualified Pricing and Research Actuary in our London Life/Health Insurance Department.

This is a varied role which encompasses different aspects of the responsibilities of the actuaries within Gen Re UK Life and Health. The role includes producing quotations for individual and group life/health reinsurance business, providing technical actuarial expertise on existing treaties as well as more general pricing research work. There will be client contact and interaction with other departments in the UK and other Gen Re offices.

Position Responsibilities:

  • Preparing quotations for individual and group reinsurance business, including basis-setting, obtaining sign off and production of premium rates;
  • Conducting of experience analysis investigations for the purposes of monitoring Gen Re’s own experience and for quotation purposes;
  • Undertaking research to set general pricing bases (Terms of Trade);
  • Giving risk management input to product and process design;
  • Client interaction and resolving technical issues for clients;
  • Giving presentations at seminars and writing technical articles;
  • Occasional support for other Gen Re offices.

Behaviours and competencies:

  • We are looking for a qualified actuary who has proven experience in an insurance or reinsurance environment in roles involving any of pricing, product development and/or protection insurance. Pricing experience specifically in UK or Irish individual and group protection products is desirable;
  • An enquiring mind, with excellent numerical and analytical skills in statistical and financial modelling.
  • Excellent risk management and commercial awareness;
  • Proficient user of MS Excel and MS Access. Coding skills in VBA, SQL, R or other statistical coding environments is desirable;
  • Proactive and able to work with minimum supervision;
  • Ability to prioritise, while remaining flexible to deal with changing work demands;
  • Strong communication skills including verbal and written skills including the ability to summarise complex information clearly and concisely;
  • Strong interpersonal skills with an ability to work effectively as part of a team, deal with people at all levels and in all areas of the business and engage with clients;
  • Must display client focus, creativity, intuition, integrity, decisiveness, collaboration, accountability and be prepared to represent the Gen Re with professionalism.

Please submit your CV together with details of your salary expectations to the following email address: before the closing date 26 May 2022.   Please state "Pricing and Research Actuary" in the email title.

*Please note only successful applicants will be contacted.*



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