Pricing Manager, Asset Intensive Reinsurance

You will be responsible for setting bespoke investment strategies and structuring solutions for funded reinsurance transactions, working closely with the Client Solutions and Pricing & Portfolio Solutions (PPS) teams.

• Location: London
• Type: Permanent

Key Duties (Including but not limited to):

• Pricing & Structuring:
  Lead the pricing and execution of bespoke asset-intensive quotes across S&R markets, including performing detailed analysis and developing materials for internal approvals
• Investment Strategy:
  Work with a broad range of asset classes including liquid and illiquid fixed income, structured products, and derivatives. Design strategies to manage and mitigate market risks (interest rate, currency, inflation, etc)
• Capital Optimization:
  Understand the drivers of capital requirements for S&R products and how these vary under different reinsurance structures. This includes across economic capital, Bermuda Monetary Authority and NAIC RBC regimes
• Professional qualifications (SOA, IFoA or similar) with 5+ years of relevant experience in ALM or pricing (direct or reinsurance) with emphasis on assets and market risks
• Deal structuring experience in bespoke funded reinsurance solutions, collateral structures, investment and derivative strategies
• Knowledge of Bermuda capital, US RBC capital, and economic capital is a strong advantage
• Deep understanding of market risks (interest rates, FX, credit spread, liquidity) and their impacts to insurance capitalization. Understanding of insurance company balance sheets including insurance capital frameworks