Are you a skilled and experienced actuary looking for a dynamic and challenging role? Look no further than Aviva! We are currently seeking a highly motivated and talented individual to join our team as a BPA Pricing Actuary. As the BPA Pricing Actuary, you will have the opportunity to utilize your actuarial expertise to develop and implement pricing strategies for our Bulk Purchase Annuity (BPA) products. This is a crucial role within our organization, as you will play a key role in driving the profitability of our BPA business. If you have a strong background in actuarial science, excellent analytical skills, and a passion for driving business success, we want to hear from you!
- Develop and implement pricing strategies for Bulk Purchase Annuity (BPA) products.
- Utilize actuarial expertise to analyze data and provide insights to inform pricing decisions.
- Monitor and evaluate the performance of BPA products and make recommendations for pricing adjustments as needed.
- Collaborate with cross-functional teams to ensure alignment of pricing strategies with business objectives.
- Conduct market research and stay up-to-date with industry trends to inform pricing decisions.
- Communicate complex actuarial concepts and data to non-technical stakeholders.
- Ensure compliance with regulatory requirements and internal policies in all pricing decisions.
- Identify and implement process improvements to enhance the efficiency and accuracy of pricing models.
- Mentor and train junior team members on actuarial techniques and best practices.
- Monitor and analyze competitor pricing strategies to inform pricing decisions.
- Collaborate with sales and marketing teams to develop competitive pricing proposals for potential clients.
- Participate in budget planning and forecasting for the BPA business.
- Communicate pricing decisions and rationale to senior management and other stakeholders.
- Continuously evaluate and improve pricing processes and procedures to ensure accuracy and efficiency.
- Stay informed of industry developments and changes in actuarial standards and regulations.
Bachelor's Degree In Mathematics, Actuarial Science, Or A Related Field.
At Least 3-5 Years Of Experience In Pricing And Product Development In The Insurance Industry.
Strong Understanding Of Actuarial Concepts And Techniques, Including Experience With Pricing Models And Software.
Accreditation With A Recognized Actuarial Society (E.g. Soa, Cas) Or Significant Progress Towards Accreditation.
Excellent Analytical And Problem-Solving Skills, With The Ability To Communicate Complex Concepts To Non-Technical Stakeholders.
Product Development
Data Analysis
Market Research
statistical analysis
Forecasting
Financial Modeling
Risk assessment
Pricing strategies
Profitability Analysis
Pricing Optimization
Actuarial Principles
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
Work ethic
creativity
Teamwork
Adaptability
Problem-Solving
According to JobzMall, the average salary range for a BPA Pricing Actuary in Dublin, Ireland is between €50,000 and €80,000 per year. However, this can vary depending on the specific company, experience level, and other factors. It is recommended to research the specific company and job requirements to get a more accurate salary estimate.
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Aviva plc is a British multinational insurance company headquartered in London, United Kingdom. It has about 33 million customers across 16 countries. In the United Kingdom, Aviva is the largest general insurer and a leading life and pensions provider.
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