Pension Risk Transfer Innovation Actuary

Orange Malone are representing an Insurance client looking to grow it's DB Pension Risk Transfer innovation proposition. Key will be finding an Actuary with a strong commercial focus, who's looking to find a new and exciting Pensions role offering the chance to develop entrepreneurial ideas in this competitive market.

The purpose of this role is to assist in the delivery of DB proposition developments with a strong focus on delivering developments into the future. The role will focus on short term and longer term strategic initiatives to ensure that the DB business is at a competitive advantage. 

Our client will be looking at this new team to work closely with the BPA pricing Team, Sales and Operation team recognising the impact of change and development has on the back office function ( operations, reinsurance, data etc ) as they are keen to have a cohesive culture so important for the proposition team to build strong relationships with the Operations, Data and existing pricing team. Short term goals are to support process improvement, efficiency and ability to price quickly and more competitively, but also to look ahead and work on agreed medium to long term strategic growth plans. This is where our client will be looking at the Proposition team to drive forward ideas, so a key part of the role will be to explore ideas for new products and solutions that our client can take to the market which can also support smaller schemes who need a cutting edge solution to get them through a risk transfer. 

The client works in an agile way so you can be based anywhere in the UK but expected to travel for meetings. 

The growth initiative is heavily supported by the C-suite looking to future-proof the business and develop the DB proposition.

Working alongside the Head of Proposition Development you will :-    Develop ideas for the long term strategy of the DB business, ensuring the business maintains a competitive advantage over their competitors – to include ideas such as ,master trusts for DB, Consolidators for insurance companies and possible opportunities in other jurisdictions.   · Work with other parts of the business  to maximise possible opportunities to hit business plan, working with other Heads of within the Commercial team to enable this.   · Produce research, improve models and analyse data to create further opportunities to maximise the proposition enabling our client to maximise business plan. Please contact us for more information in confidence