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Reinsurance Actuary

Job in Belfast, County Antrim, BT1, Northern Ireland, UK
Listing for: Salesforce Sites
Full Time position
Listed on 2026-10-02
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Actuary
  • Insurance
    Risk Manager/Analyst, Actuary, Insurance Analyst
Job Description & How to Apply Below
  • Conduct reinsurance pricing activities, including discussions with reinsurers and negotiate reinsurance terms.
  • Build and manage relationships with internal and external stakeholders including reinsurance counter parties.
  • Working with the Chief Actuary, BPA Pricing team, and Head of Reporting to design, administer and report capital efficient solutions that effectively manage key risks , including but not limited to Longevity, lapse and mortality
  • Implement and oversee operational aspects of reinsurance treaties, including collateral and administration arrangements and reporting solutions.
  • Managing/mentoring junior members of the wider actuarial and pricing teams.
  • Comply with the FCA’s conduct and Consumer Duty rules and the PRA’s conduct standards as set out.
  • Notify the regulator(s) of matters reasonably expected to be notified.
  • Conduct reinsurance pricing activities, including discussions with reinsurers and negotiate reinsurance terms.
  • Build and manage relationships with internal and external stakeholders including reinsurance counter parties.
  • Working with the Chief Actuary, BPA Pricing team, and Head of Reporting to design, administer and report capital efficient solutions that effectively manage key risks , including but not limited to Longevity, lapse and mortality
  • Implement and oversee operational aspects of reinsurance treaties, including collateral and administration arrangements and reporting solutions.
  • Managing/mentoring junior members of the wider actuarial and pricing teams.
  • Comply with the FCA’s conduct and Consumer Duty rules and the PRA’s conduct standards as set out.
  • Notify the regulator(s) of matters reasonably expected to be notified.
Core Competencies
  • Strong knowledge of reinsurer treaties, pricing and administration.
  • Strong knowledge of UK Defined Benefit Pensions and other reinsurance structures.
  • Strong communication skills (able to communicate technical issues to senior people including non-actuaries).
  • Operational working of longevity swaps and flow treaties including administration and collateral.
Experience and qualifications
  • Qualified Actuary or nearly qualified, with a view of qualifying in the short term.
  • Experience of working within Pricing / Actuarial /reporting functions of a UK Life assurer or in a reinsurer pricing or administration function.
  • Experience of managing stakeholders at all levels.
  • DB pensions and longevity swap knowledge.
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