SonicJobs Logo
Left arrow iconBack to search

Manager - Protection Pricing

Oliver James
Posted 21 hours ago, valid for 3 days
Location

London, Greater London EC1R 0WX

Salary

£48,000 - £57,600 per annum

info
Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

info
  • This managerial position in the Protection Pricing team involves leadership responsibilities, including line management and oversight of team outputs.
  • The role requires a qualified actuary with substantial experience in life insurance or reinsurance, and a comprehensive understanding of the UK protection market.
  • Key responsibilities include serving as a technical expert in reinsurance pricing, supporting team planning, and communicating results to senior management.
  • The position offers a salary of £80,000 to £100,000 and emphasizes the importance of collaboration, process improvements, and team development.
  • Candidates should have proven leadership experience, strong analytical skills, and proficiency in tools like Microsoft Excel, with programming knowledge being advantageous.

This managerial position within the Protection Pricing team includes leadership responsibilities such as line management and oversight of team outputs. The team's key functions include producing protection quotes, addressing client queries, monitoring treaty performance, and establishing pricing assumptions.

Collaboration with internal departments to improve processes, innovate products, and maintain a focus on client needs is a critical aspect of the role.

Key Responsibilities:

  • Serve as a technical expert in reinsurance pricing for protection business, with a focus on biometric elements.
  • Support the team's planning and prioritisation alongside leadership.
  • Act as a representative of the team, communicating results to senior management and other departments.
  • Deliver accurate and timely work, including quotes and projects, while reviewing and validating team outputs.
  • Develop and apply appropriate pricing assumptions, supporting commercial negotiations when necessary.
  • Balance commercial goals with risk considerations and articulate financial implications effectively.
  • Build and maintain collaborative relationships across teams and with clients.
  • Lead and develop team members by providing feedback, fostering autonomy, and creating growth opportunities.
  • Identify and implement process improvements, adopting new technologies where relevant.
  • Contribute to assumption development and the creation of innovative propositions.
  • Shape team culture and strategy, including non-technical aspects such as people and culture initiatives.
  • Stay updated on industry trends and developments in the protection market.
Key Skills & Experience:
  • Qualified Actuary with substantial experience in life insurance or reinsurance.
  • Comprehensive knowledge of the UK protection market.
  • Proven leadership or management experience, including mentoring and performance feedback.
  • Strong expertise in protection pricing, assumption setting, and experience analysis; reinsurance pricing knowledge is advantageous.
  • Excellent analytical and problem-solving capabilities, with the ability to navigate ambiguity.
  • Proficient in communicating complex technical concepts to diverse audiences.
  • Skilled in stakeholder engagement and cross-functional collaboration.
  • Advanced proficiency in tools such as Microsoft Excel and Word, with familiarity in programming (R, Python, VBA) and Power BI being a plus.

Apply now in a few quick clicks

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.