Protection Pricing Actuary

About the Role

We are seeking a skilled professional to join our client's Protection Pricing team, playing a key role in supporting team leads and guiding junior colleagues. The role involves ensuring high-quality deliverables, technical expertise, and effective collaboration across departments.

Key Responsibilities:

• Serve as a technical specialist in pricing and biometric analysis, contributing to reinsurance pricing for protection products.
• Oversee and validate team outputs, ensuring accurate data usage, robust experience analysis, and appropriate pricing assumptions.
• Assist in responding to client queries, managing treaty updates, and supporting ongoing monitoring of treaty performance.
• Develop a comprehensive understanding of the financial implications of pricing decisions and balance business needs with risk management.
• Build strong internal relationships and foster collaboration across teams.
• Mentor and support junior team members in developing their technical and professional skills.
• Identify and drive improvements to pricing tools and processes, leveraging emerging technologies.
• Contribute to the review and development of protection assumptions and basis.
• Collaborate with other teams on new product development and related initiatives.
• Actively engage in discussions about team culture, organizational priorities, and broader initiatives.

What We're Looking For:
We're looking for someone who thrives in a dynamic environment and demonstrates a strong balance of technical expertise and collaborative skills. The ideal candidate will:

• Bring experience in the UK life insurance market and a solid understanding of pricing processes, including experience analysis, assumption setting, and modelling.
• Be confident analysing data, making informed decisions, and communicating results effectively to colleagues with varying levels of technical knowledge.
• Be adept at building relationships with stakeholders at different levels and across functions.
• Have advanced skills in Microsoft Excel and Word, with additional experience in programming (e.g., R, Python, VBA) and tools like Power BI being a plus.
• Possess strong analytical skills, attention to detail, and the ability to manage competing priorities effectively.

Qualifications:

• Newly or nearly qualified actuary.

Key Competencies:

• A results-driven mindset, with a focus on delivering quality outcomes.
• Strong business insight and ability to align technical work with strategic goals.
• Collaboration and relationship-building skills, encouraging diverse perspectives and teamwork.
• A commitment to client satisfaction, delivering value through innovative solutions.
• Confidence to challenge established processes and navigate uncertainty.
• Clear and persuasive communication skills, combined with active listening.