PRT Post Sale Pricing Director
Job Summary
Were looking for a Qualified Actuary to join our award-winning Pension Risk Transfer (PRT) business as a Post Sale Pricing Director within the Collateral & Reinsurance Management (CRIM) team.
In this role youll lead the delivery of post-sale pricing projects for Bulk Annuity contracts ensuring technical accuracy strong governance and efficient execution across a wide range of activity. Youll also provide hands-on leadership coaching and development for a high-performing team.
Working closely with colleagues across the PRT function youll help review and prioritise post-sale pricing activity support BPA term negotiations relating to contractual post-sale pricing matters and proactively manage the onboarding and ongoing oversight of reinsurance arrangements and longevity insurance policies.
This is a hybrid working opportunity which will allow you to work flexibly between your home and our Central London office to help you find a work-life balance that works for you.
What youll be doing:
- Providing actuarial sign-off for post-sale pricing projects including Final Premium calculations augmentations/restructures GMP Equalisation exercises and surplus costings
- Developing post-sale pricing processes to improve efficiency reduce calculation timescales and support higher case volumes
- Leading coaching and supporting a team to deliver high-quality work in an accountable and inclusive way
- Challenging existing approaches and continuously raising standards across delivery controls and ways of working
- Supporting the PRT Origination team with BPA terms drafting and client negotiations linked to post-sale pricing activity
- Ensuring robust control frameworks are in place across all post-sale pricing work
- Leading case prioritisation and resource planning in close partnership with the Transitions team
- Managing reinsurance arrangements and longevity insurance policies where required
Who were looking for:
- A Qualified Actuary (FIA or equivalent designation)
- Extensive knowledge of post-sale pricing processes and Bulk Annuity contract terms
- Strong technical judgement analytical capabilities and attention to detail
- Experience leading actuarial work setting standards and making sound decisions under deadline pressure
- A track record of improving pricing reinsurance or wider actuarial operating models
- Strong people leadership skills including work allocation performance management and team development
- The ability to influence senior stakeholders and communicate complex information clearly
- Post-Sale Underwriter status would be highly advantageous but is not essential
Whatever your role we reward performance and behaviour with a package that looks after all the things that are important to you. Here are some of the benefits we offer:
- The opportunity to participate in our annual performance -related bonus plan and valuable share schemes
- Generous pension contribution
- Life assurance
- Healthcare Plan
- 30 days holiday plus bank holidays
- Competitive family leave
- Participate in our electric car scheme which offers employees the option to hire a brand-new electric car through tax efficient salary sacrifice
- There are many discounts we offer both for our own products and at a range of high street stores and online
- Were creating netzero carbon workplaces by 2030 by investing in our sustainable modern offices across the UK all designed to bring people together and elevate the inperson experience
Additional Information :
At L&G we believe its possible to generate positive returns today while helping to build a better future for all.
If you join us youll be part of a welcoming inclusive culture with opportunities to collaborate with people of diverse backgrounds views and experiences. Guided by leaders with integrity who care about your future and wellbeing. Empowered through initiatives which support people to develop their careers and excel.
We care passionately about outcomes rather than attendance and are therefore open to discussing all kinds of flexible working options including part-time term-time and job shares. Although some roles have limited flexibility due to customer demand we accommodate requests when we can.
It doesnt matter if you dont meet every single criterion in this advert. Instead think about what you excel at and what else you can bring in terms of strengths potential and connection to our purpose.
Remote Work :
No
Employment Type :
Full-time
About Company
Legal & General (L&G) is a leading UK financial services group and major global investor.We’ve been safeguarding people’s financial futures since 1836, and strive to build a better society, while improving the lives of our customers and creating value for shareholders.We are one of th ... View more