Pricing and Longevity Actuary
At MGM Advantage, we’re very proud of our 160 year history in financial services, but we have our sights set very firmly on the future. We’re determined to continue to break new ground in the retirement income market as an industry leader and innovator.
Our pricing team aspires to lead the market with a commercial and superior pricing strategy that captures market share in the retirement space, and is currently in an exciting period of growth. As part of that growth we have a great new opportunity.
Pricing and Longevity Actuary Job
In this new role, the Pricing and Longevity Actuary will help MGM Advantage with innovative, value adding and capital efficient product and pricing initiatives with a particular focus on mortality.
You will act as thought leader in MGM Advantage for longevity and morbidity and its use in pricing our products competitively and profitably and will research and analyse internal and external data sources on impaired and healthy mortality. Other responsibilities including working with reinsurers to optimise reinsurance purchased and minimise its cost; providing support for the actuarial team on mortality bases for valuation work; and supporting the Head of Pricing in providing analytical support to the Pricing Committee for pricing decisions, with relevant investment yield, mortality and other actuarial assumptions.
This role can be based in Worthing or in Central London with regular travel to our Worthing Head Office.
A qualified Actuary with commercial experience in Life & Pensions office or Consultancy or a Re-insurer you will have experience within the annuity market and mortality. Results driven with strong negotiation and influencing skills you will bring innovative ideas which will add value.
If you’re interested in this post you can apply online now. You’ll need to upload your CV and provide us with some basic details.