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Job ID: 39768
Job Openings by Title Head of Pricing
Location Bermuda
Description:
Position:	Head of Pricing
 
Job ID:		39768

Responsibilities:
- own the pricing, structuring and implementation of all new business ensuring that the risk and capital implications of new business written are clearly understood and managed in the context of the business plan
- Lead the pricing of all new pension risk transfer, annuity, longevity and protection/mortality reinsurance business opportunities in Bermuda
- Involvement in the structuring of reinsurance contracts, ensuring consistency with all legal, tax, operational and regulatory requirements
-Ownership, development and implementation of new and existing pricing systems, processes and models
- Minimise errors in the pricing basis by ensuring appropriate controls and processes are in place as well as identifying and instigating appropriate training
- Take ownership of setting of elements of the pricing basis other than investment and longevity, as well as own and maintain pricing basis records to ensure the basis is well controlled
-Manage and develop the Pricing Team, ensuring all work is completed to time and quality standards
Qualifications:
-Fully qualified Actuary
-Minimum 5 years experience in pricing annuity business and structuring transactions
-Recent experience and demonstrated understanding of technical aspects of investment
principles, external regulatory reporting, capital and solvency requirements and IFRS
reporting
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