Pricing Analyst

To work as a member of the Pricing team undertaking a variety of different tasks to enable the department to meet its objectives as agreed by the Head of Pricing including:

• Supporting the development and maintenance of pricing models for annuity business, including bulk annuities that adhere to our risk tolerances and are scalable for future growth.
• Supporting the preparation and analysis of policyholder data for pricing, including methods and assumptions for addressing gaps in data.
• Experience investigations for factors affecting pricing assumptions.
• Supporting the valuation, including Solvency II, UK GAAP and IFRS
  17 reporting.
• Provide appropriate support to others within the team and across the organisation to implement recommendations/facilitate change to support the requirements of the business.
• Ad hoc tasks as required
• Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards as set out.
• Notify the regulator(s) of matters reasonably expected to be notified.

• Highly numerate
• Experience in data analyses and ability to investigate data problems independently.
• Excellent knowledge of MS Excel and Word.
• Good communication skills, with the ability to propose solutions and be able to work independently requesting support where needed.
• Ability to manage own time and deliver to deadlines.
• Able to handle multiple tasks simultaneously seeking support where appropriate for prioritisation.

• Knowledge of UK Defined Benefit Pensions and reinsurance structures.
• Understanding of actuarial concepts related to annuity pricing and valuation.

• Degree in Mathematics or other maths based subject.

• Studying towards the FIA qualification or given up exams – happy to consider applicants with suitable experience who are no longer studying towards qualification.
• Experience of working in a team in an office environment.