Senior Associate, Reinsurance Actuary

Posted:
3/10/2025, 5:00:00 PM

Location(s):
London, England, United Kingdom ⋅ England, United Kingdom

Experience Level(s):
Senior

Field(s):
Finance & Banking

Location

London - One Canada Square, Level 26

Business - Wealth Solutions

Brookfield Wealth Solutions (“BWS”; NYSE/TSX: BNT) is focused on securing the financial futures of individuals and institutions through a range of retirement services, wealth protection products and tailored capital solutions. Through our operating subsidiaries, we offer a broad range of insurance products and services, including annuities, personal and commercial property and casualty insurance and life insurance

Brookfield Culture

Brookfield has a unique and dynamic culture.  We seek team members who have a long-term focus and whose values align with our Attributes of a Brookfield Leader:  Entrepreneurial, Collaborative and Disciplined.  Brookfield is committed to the development of our people through challenging work assignments and exposure to diverse businesses.


Job Description

Responsibilities:

  • Pricing of new BPA deals, including reviewing benefit specifications and scheme data, recommending pricing assumptions and analysing results.

  • Identify any non-standard pricing features and recommend an appropriate pricing methodology

  • Prepare RFQ responses on deals, including all structuring of bespoke solutions for schemes where this is required to facilitate a transaction

  • Lead on contract negotiations with the support of the Chief Origination Officer and BAC UK legal teams

  • Preparing pricing packs and presenting deals to the Senior Management Committee for approval

  • Proactively engage with the risk function on deals to support the approval process

  • Liaise with EBC’s and Independent Trustees on pipeline and deals

  • Attend pitches where needed on a deal

Required Skills and Experience:

  • Qualified actuary with 9-15 years’ experience

  • At least 1 years’ experience pricing and/or deal structuring UK BPA deals

  • Insurance sector experience and knowledge of UK pensions/ bulk annuities

  • Excellent critical thinking and analytical skills, with the ability to collect, organize, analyse and disseminate information with attention to detail and accuracy

  • Ability to multi-task, prioritize deliverables, and work well under pressure and deadlines

  • Possesses high professional standards and exemplifies exceptional integrity and credibility with strong relationship management skills

  • Works well in a team-based environment

  • Strong oral and written communication skills

Brookfield is committed to maintaining a Positive Work Environment that is safe and respectful; our shared success depends on it.  Accordingly, we do not tolerate workplace discrimination, violence or harassment.

We are proud to create a diverse environment and are proud to be an equal opportunity employer. We are grateful for your interest in this position, however, only candidates selected for pre-screening will be contacted.