To support the Head of Group Pricing in ensuring all product pricing is accurate and aligned to the Group’s risk appetite and financial objectives, and to support the development of new products
Overview
Key duties (including, but not limited to):
- Lead the production of Group Pricing BAU processes, including bi-weekly/monthly MI, Pricing Yield Curves, Business Planning, and ensure these processes are compliant with EUC policies and TAS
- Support the Head of Group Pricing in maintaining up-to-date pricing frameworks for all products, and reviewing the pricing approach for new products and risks
- Maintain close relationships with related departments to ensure a consistent understanding of financial metrics and impacts across pricing, reinsurance, valuation and capital management
- Support the development and maintenance of the data, processes and systems used by the Group Pricing team, including the appropriate quality assurance, controls and documentation
Qualifications required:
- Nearly or Qualified FIA, FFA or equivalent
Experience required:
- Experience in the UK life industry
- Pricing and product development experience of annuities and/or lifetime mortgages
- Experience in capital management, actuarial reporting, ALM and Pricing is preferred, but not essential