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Position: Senior Global Life Pricing Actuary
Institution: Placement through Fenchurch Associates
Location: United Kingdom
Duties: Prioritize updates of best estimate assumption reviews based on market needs and taking a risk based view on the need for updates. Play a role in coordinating the update, including mobilizing research and local teams where needed; Engage with the local and research teams during the review itself providing technical input; checking for reasonableness and adequacy of approach and forming the pricing view on the reviewed assumption. Challenge the approach where needed; Share experience of other reviews and connect people to ensure a coordinated and best practice approach to assumption and guideline review between markets; Arrange sign-off of guideline and assumption updates on behalf of the Chief Pricing Actuary; Work with IT and associated teams to manage the guideline platform (‘xWiki’) to maintain guidelines and manage sign-offs
Requirements: 8y+ experience in the international Insurance/Reinsurance industry, with significant experience in a research or technical pricing role; Management/project management experience; Experience of multiple markets and products would be an advantage; Strong appetite and proven ability to work in an international context with cross-team collaboration; Open-minded, result oriented, you work in an autonomous, organized and rigorous manner. You have proven communication skills especially in a complex context
   
Text: There are a large number of pricing guidelines and core pricing assumptions in SGL covering multiple risks in multiple markets. There is a rolling need to keep assumptions and guidelines up to date and fit for purpose which requires coordination and prioritization as well as technical input. In resoect of this you will: Prioritize updates of best estimate assumption reviews based on market needs and taking a risk based view on the need for updates. Play a role in coordinating the update, including mobilizing research and local teams where needed. Engage with the local and research teams during the review itself providing technical input - checking for reasonableness and adequacy of approach and forming the pricing view on the reviewed assumption. Challenge the approach where needed. Share experience of other reviews and connect people to ensure a coordinated and best practice approach to assumption and guideline review between markets. Arrange sign-off of guideline and assumption updates on behalf of the Chief Pricing Actuary. Work with IT and associated teams to manage the guideline platform (‘xWiki’) to maintain guidelines and manage sign-offs. In addition you may be called upon to support local teams with review of referred pricing cases: Participate in the organization and optimization of the Global Referral process, in coordination with SGL Risk Management. Form the official opinion of the Pricing Function on deals referred to the global level and work with the Risk Function to form a business acceptance view. Requirements 8y experience in the international Insurance/Reinsurance industry, with significant experience in a research or technical pricing role Management/project management experience Experience of multiple markets and products would be an advantage Strong appetite and proven ability to work in an international context with cross-team collaboration. Open-minded, result oriented, you work in an autonomous, organized and rigorous manner. You have proven communication skills especially in a complex context. Benefits Competitive salary, bonus and benefits.
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