Actuarial Career Opportunity
We are seeking a highly skilled and motivated Actuarial Associate to join our Pricing & Product Development team. The successful candidate will play a key role in the overall pricing execution of our rapidly growing Longevity Reinsurance Business.
Key Responsibilities:
• Work with international actuarial and business partners in a fast-paced, collaborative environment to navigate new deal opportunities and price Longevity Risk Transfer transactions
• Analyse pension plan experience data to determine mortality and marital assumptions
• Generate assumptions and financial projections for underlying pension liabilities
• Determine a range of fees to be charged for reinsuring longevity risk
• Support the Longevity Reinsurance 'flow' solution for sub GBP300M transactions
Requirements:
• Bachelor's degree in Actuarial Science, Mathematics, Statistics, or other quantitative field (Engineering)
• Progress towards attainment of the Associate of the Institute and Faculty of Actuaries designation
• Strong working knowledge of Excel
• Exposure to or willingness to learn programming languages such as SQL and Python
What We Offer:
• Collaborative and supportive working environment
• Study package to support progress through actuarial exams
• Health insurance schemes provided by Laya and BUPA
• Annual leave starting at 23 days at full pay, plus 10 public holidays
• Pension scheme with employer matching contributions up to 8% of base salary
• Annual bonus programme and vouchers
• Life assurance fully paid
• Education assistance programme reimbursing eligible employees for further education