The Emerald Group

The role holder will develop and lead a commercially focused pricing team covering all Individual Annuity and ERM products, as well as will be expected to collaborate with other areas key functions to ensure that the impacts of pricing assumptions are understood and agreed.

• Location: London
• Category: Life Actuarial
• Type: Permanent

Key Responsibilities:

• Responsible for commercial and fair value pricing individual annuities and equity release mortgages
• Responsible for ensuring that capital requirements are fully understood and reflected within pricing (SII, Partial Internal Model, LICAT)
• Management of the production and review of experience studies and development of pricing, projection or valuation assumptions where relevant
• Responsible for working alongside Investments team (Asset Management)
• Monitor the market landscape for the relevant products and ensure a comprehensive understanding of competitors' pricing strategies and tactical positioning
• Research and analyse internal and external data sources, develop models, analytical tools and techniques to provide insight into competitor pricing
• Responsible for oversight of pricing MI, including working with the distribution teams to expand and fully understand MI that is available
• Qualified Actuary or individual with strong experience in a commercially driven pricing function
• Commercially driven manager, with experience of building high performing teams
• Knowledge of UK Individual Annuity and Equity Release Mortgage markets
• Analysing and reasoning skills, to reach sound and defensible conclusions / recommendations based on data but being pragmatic as situation and needs dictate
• Understanding of actuarial techniques and modelling. The ability to apply these skills and techniques to solve business challenges
• Strong Influencing skills and experience of managing senior stakeholders across a number of disciplines