Actuary, Pricing, Protection, Europe
Pacific Life Re
London, UK
Full-Time
Competitive
OfficeExecutive
Job Title
Actuary, Pricing, Protection, EuropeJob Description
Actuary, Pricing, Protection, Europe
We’re a global life reinsurer operating in Europe, Asia, Australia and North America, and are part of Pacific Life, a mutual insurance group. Fuelled by our pursuit of excellence and a quest to innovate, we’re proud to do things differently. Our people aren’t afraid to disrupt and challenge industry thinking and provide the best protection and savings & retirement reinsurance products and services possible.
The Team
The Protection Pricing team based in London is responsible for experience analysis and best estimate assumption setting as part of reinsurance tender exercises for our Europe Protection business. As part of the wider global Protection line of business, we offer opportunity to collaborate with and learn from our colleagues across the world.
Supporting our clients to find innovative ways to solve the problems they face, we are focused on balancing a high degree of technical bias with an appropriate level of pragmatism and commercial insight. The team work closely with our colleagues across the business including Underwriting, Claims, Client Solutions, R&D and Strategic Analytics to bring our broad expertise into our pricing analysis.
The Role
As a proactive and technical Pricing Actuary you will be an integral part of team delivering reinsurance terms to clients predominantly in the UK and Ireland. With a focus on Protection products (Life, CI & IP) you will work alongside junior and senior members of the team with direct responsibility for assumption setting and delivery of reinsurance responses.
Reporting to the AVP, Pricing, Protection, Europe, this role will offer a challenging variety of work with a high degree of autonomy and responsibility. It will provide access to senior leadership across the Global Protection business and the opportunity to positively and visibly contribute to the delivery of our strategy.
The successful candidate will demonstrate a high level of initiative and strong problem-solving skills to approach their work in a well-considered way, with the ability to understand new concepts and communicate effectively in various settings.
You will be supported to grow your wide-ranging capabilities as you progress and we encourage all members of the team to be proactive in their development.
Key Responsibilities
Leads on the delivery of a range of pricing activities with direct responsibility for ensuring we are able to win and maintain profitable business.
Typical Requirements
Working For Pacific Life Re
Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.
Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.
Benefits (Only for Permanent and Fixed Term Employees)
Leave
25 days of annual leave with option to buy/sell more days
Adoption and fertility leave
Generous enhanced parental leave
Healthcare
Comprehensive private insurance coverage for employee and dependents
Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary
Optical benefits
Savings & Retirement
15% combined employee/employer contributions
Wellness
Subsidized gym membership
Access to Employee Assistance Program
Cycle to Work and Electric Car Salary Sacrifice Scheme
Time off for volunteering
Charitable matching of employee donations
You Can Be Who You Are
We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.
As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.
Pacific Life Re Values