AVP, Pricing, Divisional at Pacific Life

London, England, United Kingdom

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Insurance, ReinsuranceIndustries

Requirements

Qualified Actuary
Ability to work independently in a small, flexible and dynamic team
Demonstrated expertise in actuarial pricing techniques, financial modelling, and risk assessment
Excellent communication and stakeholder management skills, capable of influencing and engaging across all levels
A strong understanding of capital, financial accounting, balance sheets and regulatory frameworks (desirable)

Responsibilities

Provide robust oversight to the pricing function through driving and advancing the approach the team takes in reviewing front line pricing on large and non-standard quotes
Constructively challenge colleagues at all levels, and thoughtfully question existing practices
Lead and contribute to PL Re wide projects impacting pricing, taking accountability for high-quality delivery and supporting others in doing the same
Drive the continued evolution of analytic techniques in pricing through thought leadership
Develop division wide methodologies (leveraging existing methodology where appropriate) and continue to build PL Re pricing reference library
Pursue consistency of pricing methodology and process across regions and lines of business by identifying and setting best practice
Provide leadership and expertise for the pricing of new risks or novel reinsurance structures
Facilitate and encourage cross region and LoB collaboration via divisional projects, and define and ensure consistent PL Re pricing culture

Skills

Actuarial Science

Pricing Analysis

Stakeholder Management

Analytic Techniques

Data Analysis

Project Leadership

Risk Assessment

Methodology Development

Pacific Life

About Pacific Life

Newport Beach, CaliforniaHeadquarters

1868Year Founded

$189.4MTotal Funding

N/ACompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Health Insurance

Paid Vacation

Paid Parental Leave

Adoption Assistance

401(k) Retirement Plan

401(k) Company Match

Risks

Increased competition in annuities market from companies like Prudential and MetLife.

Potential financial exposure from significant real estate investments.

Integration challenges with Selerix could affect customer satisfaction.

Differentiation

Pacific Life partners with T. Rowe Price for innovative Lifetime Income solutions.

Recognized as a top community-minded company, enhancing brand reputation and trust.

Real-time integration with Selerix improves benefits administration accuracy and efficiency.

Upsides

Lifetime Income solution attracts clients seeking secure retirement options.

Enhanced annuity products offer flexibility and growth, increasing product attractiveness.

Strong real estate financing position opens more sector opportunities.

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