Senior Associate, Pricing & Deal Structuring Actuary

Location

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

Responsibilites:

• 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 3-8 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, analyze 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.