
Quantitative Risk Management Specialist
23 hours ago
This position involves working as a Senior Actuarial Associate within the Pricing and Product Development team, focusing on Prudential Financial's Longevity Reinsurance Business. Key responsibilities include collaborating with stakeholders, setting assumptions for longevity risk transfer transactions, and pricing these deals.
Key Responsibilities:- Work with international actuarial and business partners in a fast-paced environment to price and execute mid-market and jumbo pension risk transfer deals.
- Liaise with external clients and colleagues to protect and leverage data.
- Analyse pension plan experience data to determine mortality and marital assumptions, generating assumptions and financial projections for underlying liabilities.
- Determine fees to be charged for reinsuring longevity risk and support our Longevity Reinsurance 'flow' solution for sub GBP300M transactions.
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, or other quantitative field (e.g., Engineering).
- Progress towards attainment of the Associate of the Institute and Faculty of Actuaries designation.
- Strong working knowledge of Excel and exposure to or willingness to learn programming languages such as SQL and Python.
- Ability to understand complex quantitative concepts and models.
- Strong communication skills for effective collaboration with associates and international clients.
- Highly motivated, innovative, and creative problem solver and conceptual thinker.
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